SEC Info - Las Vegas Sands Corp. - ‘10-K’ for 12/31/22

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Las Vegas Sands Corp. – ‘10-K’ for 12/31/22 – ‘EX-10.53’

On: Friday, 2/3/23, at 4:02pm ET · For: 12/31/22 · Accession #: 1300514-23-21 · File #: 1-32373

Previous ‘10-K’: ‘10-K’ on 2/4/22 for 12/31/21 · Next & Latest: ‘10-K’ on 2/7/24 for 12/31/23 · 60 References:

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/03/23  Las Vegas Sands Corp.             10-K       12/31/22  122:19M

Annual Report — Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   4.36M 
 2: EX-10.51    Material Contract                                   HTML    395K 
 3: EX-10.52    Material Contract                                   HTML     51K 
 4: EX-10.53    Material Contract                                   HTML     40K 
 5: EX-21.1     Subsidiaries List                                   HTML     33K 
 6: EX-23.1     Consent of Expert or Counsel                        HTML     31K 
 7: EX-23.2     Consent of Expert or Counsel                        HTML     32K 
 8: EX-31.1     Certification -- §302 - SOA'02                      HTML     35K 
 9: EX-31.2     Certification -- §302 - SOA'02                      HTML     35K 
10: EX-32.1     Certification -- §906 - SOA'02                      HTML     32K 
11: EX-32.2     Certification -- §906 - SOA'02                      HTML     32K 
17: R1          Document and Entity Information                     HTML     94K 
18: R2          Audit Information                                   HTML     36K 
19: R3          Consolidated Balance Sheets                         HTML    168K 
20: R4          Consolidated Balance Sheets (Parenthetical)         HTML     53K 
21: R5          Consolidated Statements of Operations               HTML    195K 
22: R6          Consolidated Statements of Comprehensive Income     HTML     59K 
                (Loss)                                                           
23: R7          Consolidated Statements of Equity                   HTML     78K 
24: R8          Consolidated Statements of Equity (Parenthetical)   HTML     32K 
25: R9          Consolidated Statements of Cash Flows               HTML    144K 
26: R10         Consolidated Statements of Cash Flows Supplemental  HTML     37K 
                Disclosures                                                      
27: R11         Organization and Business of Company                HTML     65K 
28: R12         Summary of Significant Accounting Policies          HTML    100K 
29: R13         Discontinued Operations                             HTML     91K 
30: R14         Loan Receivable                                     HTML     36K 
31: R15         Restricted Cash and Cash Equivalents                HTML     33K 
32: R16         Accounts Receivable, Net                            HTML     51K 
33: R17         Property and Equipment, Net                         HTML     51K 
34: R18         Leasehold Interests in Land, Net                    HTML     46K 
35: R19         Intangible Assets, Net                              HTML     41K 
36: R20         Other Accrued Liabilities                           HTML     42K 
37: R21         Derivative Instruments                              HTML     35K 
38: R22         Long-Term Debt                                      HTML    135K 
39: R23         Equity                                              HTML     50K 
40: R24         Income Taxes                                        HTML    112K 
41: R25         Fair Value Disclosures                              HTML     48K 
42: R26         Leases                                              HTML    154K 
43: R27         Commitments and Contingencies                       HTML     57K 
44: R28         Stock-Based Employee Compensation                   HTML    147K 
45: R29         Related Party Transactions                          HTML     36K 
46: R30         Segment Information                                 HTML    262K 
47: R31         Selected Quarterly Financial Results (Unaudited)    HTML     90K 
48: R32         Schedule II - Valuation and Qualifying Accounts     HTML     53K 
49: R33         Summary of Significant Accounting Policies          HTML    144K 
                (Policies)                                                       
50: R34         Summary of Significant Accounting Policies          HTML     67K 
                (Tables)                                                         
51: R35         Discontinued Operations (Tables)                    HTML     85K 
52: R36         Accounts Receivable, Net (Tables)                   HTML     53K 
53: R37         Property and Equipment, Net (Tables)                HTML     49K 
54: R38         Leasehold Interests in Land, Net (Tables)           HTML     44K 
55: R39         Intangible Assets, Net (Tables)                     HTML     40K 
56: R40         Other Accrued Liabilities (Tables)                  HTML     41K 
57: R41         Long-Term Debt (Tables)                             HTML     95K 
58: R42         Equity (Tables)                                     HTML     40K 
59: R43         Income Taxes (Tables)                               HTML    112K 
60: R44         Fair Value Measures and Disclosures (Tables)        HTML     47K 
61: R45         Leases (Tables)                                     HTML    184K 
62: R46         Stock-Based Employee Compensation (Tables)          HTML    238K 
63: R47         Segment Information (Tables)                        HTML    258K 
64: R48         Selected Quarterly Financial Results (Unaudited)    HTML     90K 
                (Tables)                                                         
65: R49         Organization and Business of Company (Details)      HTML    230K 
66: R50         Summary of Significant Accounting Policies -        HTML     46K 
                Estimated Useful Lives of Assets (Details)                       
67: R51         Summary of Significant Accounting Policies -        HTML     38K 
                Additional Information (Details)                                 
68: R52         Summary of Significant Accounting Policies Summary  HTML     46K 
                of Significant Accounting Policies - Contract and                
                Contract Related Liabilities (Details)                           
69: R53         Summary of Significant Accounting Policies -        HTML     41K 
                Weighted Average Number of Common and Common                     
                Equivalent Shares Used in Calculation of Basic and               
                Diluted Earnings Per Share (Details)                             
70: R54         Discontinued Operations - Additional Information    HTML     80K 
                (Details)                                                        
71: R55         Discontinued Operations (Details)                   HTML    156K 
72: R56         Loan Receivable (Details)                           HTML     51K 
73: R57         Restricted Cash and Cash Equivalents (Details)      HTML     35K 
74: R58         Accounts Receivable, Net (Details)                  HTML     46K 
75: R59         Accounts Receivable, Net - Provision for Credit     HTML     43K 
                Losses Rollforward (Details)                                     
76: R60         Property and Equipment, Net (Details)               HTML     50K 
77: R61         Property and Equipment, Net - Additional            HTML     45K 
                Information (Details)                                            
78: R62         Property and Equipment Subject to Reversion         HTML     51K 
                (Details)                                                        
79: R63         Leasehold Interests in Land, Net (Details)          HTML     49K 
80: R64         Leasehold Interests in Land, Net - Additional       HTML     56K 
                Information (Details)                                            
81: R65         Intangible Assets, Net (Details)                    HTML     44K 
82: R66         Intangible Assets, Net - Additional Information     HTML     49K 
                (Details)                                                        
83: R67         Other Accrued Liabilities (Details)                 HTML     47K 
84: R68         Derivative Instruments (Details)                    HTML     46K 
85: R69         Long-Term Debt - Schedule of Long-term Debt         HTML     91K 
                (Details)                                                        
86: R70         Long-Term Debt - Schedule of Long-term Debt - OID,  HTML     67K 
                DFC and Fair Value Adjustment (Details)                          
87: R71         Long-Term Debt - Additional Information (Details)   HTML    456K 
88: R72         Long-Term Debt - Cash Flows from Financing          HTML     59K 
                Activities Related to Long-Term Debt (Details)                   
89: R73         Long-Term Debt - Maturities of Long-Term Debt       HTML     49K 
                (Details)                                                        
90: R74         Equity - Additional Information (Details)           HTML     63K 
91: R75         Equity - Rollforward of Common Stock (Details)      HTML     47K 
92: R76         Income Taxes - Income Before Income Taxes and       HTML     41K 
                Noncontrolling Interests (Details)                               
93: R77         Income Taxes - Components of Income Tax (Benefit)   HTML     50K 
                Expense (Details)                                                
94: R78         Income Taxes - Effective Income Tax Rate            HTML     46K 
                Reconciliation (Details)                                         
95: R79         Income Taxes - Additional Information (Details)     HTML     87K 
96: R80         Income Taxes - Components of Net Deferred Tax       HTML     72K 
                Assets (Details)                                                 
97: R81         Income Taxes - Reconciliation of Unrecognized Tax   HTML     40K 
                Benefits (Details)                                               
98: R82         Fair Value Disclosures (Details)                    HTML     43K 
99: R83         Leases - Additional Information (Details)           HTML     43K 
100: R84         Lessee, Assets and Liabilities (Details)            HTML     62K  
101: R85         Lessee, Other Lease Information (Details)           HTML     40K  
102: R86         Lessee, Lease Expense Components (Details)          HTML     46K  
103: R87         Lessee, Supplemental Cash Flow Information Related  HTML     40K  
                to Leases (Details)                                              
104: R88         Lessee, Lease Liability Maturity (Details)          HTML     79K  
105: R89         Lessor, Lease Revenue Components (Details)          HTML     49K  
106: R90         Lessor, Future Minimum Rentals (Details)            HTML     50K  
107: R91         Lessor, Leased Property and Equipment (Details)     HTML     40K  
108: R92         Commitments and Contingencies - Additional          HTML    121K  
                Information (Details)                                            
109: R93         Stock-Based Employee Compensation - Additional      HTML     74K  
                Information (Details)                                            
110: R94         Stock-Based Employee Compensation - Black-Scholes   HTML     45K  
                Option-Pricing Model Weighted Average Assumptions                
                (Details)                                                        
111: R95         Stock-Based Employee Compensation - Summary of      HTML     72K  
                Stock Option Activity (Details)                                  
112: R96         Stock-Based Employee Compensation - Summary of      HTML     68K  
                Unvested Restricted Stock and Stock Units                        
                (Details)                                                        
113: R97         Stock-Based Employee Compensation - Stock-Based     HTML     76K  
                Compensation Activity (Details)                                  
114: R98         Related Party Transactions - Additional             HTML     67K  
                Information (Details)                                            
115: R99         Schedule of Segment Reporting Information           HTML    315K  
                (Details)                                                        
116: R100        Selected Quarterly Financial Results (Unaudited)    HTML    119K  
                (Details)                                                        
117: R101        Schedule II - Valuation and Qualifying Accounts     HTML     44K  
                (Details)                                                        
120: XML         IDEA XML File -- Filing Summary                      XML    221K  
118: XML         XBRL Instance -- lvs-20221231_htm                    XML   5.70M  
119: EXCEL       IDEA Workbook of Financial Reports                  XLSX    321K  
13: EX-101.CAL  XBRL Calculations -- lvs-20221231_cal                XML    354K 
14: EX-101.DEF  XBRL Definitions -- lvs-20221231_def                 XML   1.33M 
15: EX-101.LAB  XBRL Labels -- lvs-20221231_lab                      XML   3.00M 
16: EX-101.PRE  XBRL Presentations -- lvs-20221231_pre               XML   1.88M 
12: EX-101.SCH  XBRL Schema -- lvs-20221231                          XSD    325K 
121: JSON        XBRL Instance as JSON Data -- MetaLinks              689±  1.08M  
122: ZIP         XBRL Zipped Folder -- 0001300514-23-000021-xbrl      Zip   1.09M

‘EX-10.53’ — Material Contract

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

<! C: C:

Document

Exhibit 10.53

Handover Record – No. AE-06-CC/DGP/22

In accordance with Articles 37 and 38 of Law No. 16/2001, as amended by Law No. 7/2022, on the Legal Regime for the Operation of Casino Game of Chance and the provisions of the Concession Contract for the Operation of Casino Game of Chance in the Macao Special Administrative Region dated December 16, 2022 signed by and between the Macao Special Administrative Region and “Venetian Macau Limited”, in particular, the provisions of Article 49(1) of the contract, this handover record is formulated.

1. The Macao Special Administrative Region shall temporarily transfer the concessionaire for its enjoyment, benefit and use the casinos referred to in the following table, which are owned by the Macao Special Administrative Region and which are necessary for the operation of the concession business (see Annex I), together with the equipment and utensils for the gaming business in the Inventory of Assets submitted by “Venetian Macau Limited” (page 1316, see Annex II):


Number	Casino	Total area (m2)
1	Casino Sands (Casino Sands gaming area and supporting area)	16,372.47
2	Casino Venetian (Casino Venetian gaming area and supporting area)	46,762.40
3	Casino The Plaza Macau (Casino The Plaza Macau gaming area and supporting area)	10,011.99
4	Casino The Londoner Macao (Casino The Londoner Macao gaming area and supporting area)	37,151.09
5	Casino Parisian Macao (Casino Parisian Macao gaming area and supporting area)	25,257.76

2. In accordance with the provisions of Article 37(1), of Law No. 16/2001, the Macao Special Administrative Region shall temporarily hand over to the “Venetian Macau Limited” the casinos and the equipment and utensils used for gambling business for enjoyment, benefit and use. It shall pay the return of the year by payment voucher issued by the Financial Services

Bureau in March of each year during the concession period of the casino game of chance according to the following provisions:

(1) The amount of return in the first year of the casino game of chance concession period shall be equal to the casinos’ area multiplied by MOP 750/m2, and the amount of return in the

second and third years shall be adjusted according to the average price index of the Macao Special Administrative Region in the previous year, respectively, in accordance with Article 39(2) of Law No. 16/2001;

(2) The amount of return in the fourth year of the casino game of chance concession period shall be equal to the casinos’ area multiplied by MOP 2,500/m2, and the amount of return for the subsequent remaining period shall be adjusted by the average price index of the Macao Special Administrative Region for the previous year, respectively, in accordance with Article 39(2) of Law No. 16/2001.

(3) The returns referred to in this handover record shall be effective as of January 1, 2023.

On December 30, 2022, Miss Fong Sio Peng, representative of the Financial Services Bureau, Mr. Cheang Kam Lei, representative of the Gaming Inspection and Coordination Bureau and Dr. Wong Ying Wai, representative of “Venetian Macau Limited” attended the handover ceremony of the said casinos and the equipment and utensils used in the gaming business, and the representative of “Venetian Macau Limited” received the casinos and the equipment and utensils used in the gaming business referred to in this handover record delivered by the representative of the Financial Services Bureau and the representative of the Gaming Inspection and Coordination Bureau.

The representatives of the three parties to the delivery of this handover record are aware of and understand the contents of this record and sign here.

/S/ WONG YING WAI

Wong Ying Wai

(Representative of Venetian Macau Limited)


/S/FONG SIO PENG						/S/CHEANG KAM LEI
Fong Sio Peng, Head of the Public Asset Management Department (Representative of the Financial Services Bureau)						Cheang Kam Lei, Head of the Finance and Compliance Audit Department (Representative of the Gaming Inspection and Coordination Bureau)

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	2/3/23
	1/1/23
For Period end:	12/31/22
	12/30/22	8-K
	12/16/22	8-K
		List all Filings

13 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/09/24  Las Vegas Sands Corp.             424B2                  2:2.1M
 5/07/24  Las Vegas Sands Corp.             424B5                  1:2M
 2/07/24  Las Vegas Sands Corp.             10-K       12/31/23  122:18M
12/06/23  SEC                               UPLOAD¶     1/08/24    2:39K  Las Vegas Sands Corp.
11/30/23  Las Vegas Sands Corp.             424B7                  2:553K                                   Donnelley … Solutions/FA
11/28/23  Las Vegas Sands Corp.             424B7                  1:534K                                   Donnelley … Solutions/FA
11/16/23  SEC                               UPLOAD¶     1/08/24    2:42K  Las Vegas Sands Corp.
11/03/23  Las Vegas Sands Corp.             S-3ASR     11/03/23    6:989K
10/20/23  Las Vegas Sands Corp.             10-Q        9/30/23   57:8.6M
 7/21/23  Las Vegas Sands Corp.             10-Q        6/30/23   56:9.1M
 7/03/23  SEC                               UPLOAD¶     1/08/24    2:42K  Las Vegas Sands Corp.
 4/21/23  Las Vegas Sands Corp.             10-Q        3/31/23   54:7.2M
 3/23/23  SEC                               UPLOAD¶     1/08/24    2:44K  Las Vegas Sands Corp.

47 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/31/23  Las Vegas Sands Corp.             8-K:1,9     1/30/23   11:1M
11/30/22  Las Vegas Sands Corp.             8-K:1,9    11/30/22   11:529K
10/24/22  Las Vegas Sands Corp.             8-K:5,9    10/18/22   11:249K
 7/22/22  Las Vegas Sands Corp.             10-Q        6/30/22   59:10M
 4/29/22  Las Vegas Sands Corp.             10-Q        3/31/22   62:8.6M
 2/14/22  Las Vegas Sands Corp.             8-K:1,2,9   2/09/22   11:2.4M
 2/04/22  Las Vegas Sands Corp.             10-K       12/31/21  113:18M
12/07/21  Las Vegas Sands Corp.             8-K:1,9    12/07/21   11:481K
10/22/21  Las Vegas Sands Corp.             10-Q        9/30/21   58:9.9M
 9/23/21  Las Vegas Sands Corp.             8-K:1,2,9   9/23/21   11:900K
 9/07/21  Las Vegas Sands Corp.             8-K:1,9     9/07/21   11:246K
 9/03/21  Las Vegas Sands Corp.             8-K:1,9     9/03/21   11:264K
 7/07/21  Las Vegas Sands Corp.             8-K:1,9     7/07/21   11:407K
 3/25/21  Las Vegas Sands Corp.             8-K:5,9     3/24/21   16:873K
 3/03/21  Las Vegas Sands Corp.             8-K:1,7,9   3/02/21   15:1.9M                                   Donnelley … Solutions/FA
10/23/20  Las Vegas Sands Corp.             10-Q        9/30/20   52:10M
 9/23/20  Las Vegas Sands Corp.             8-K:1,9     9/23/20   13:1M
 9/11/20  Las Vegas Sands Corp.             8-K:1,9     9/11/20   13:1.9M
 7/24/20  Las Vegas Sands Corp.             10-Q        6/30/20   54:10M
 6/19/20  Las Vegas Sands Corp.             8-K:1,9     6/18/20   13:296K
 6/05/20  Las Vegas Sands Corp.             8-K:1,2,9   6/04/20   13:856K
 3/27/20  Las Vegas Sands Corp.             8-K:1,9     3/27/20   13:360K
 2/07/20  Las Vegas Sands Corp.             10-K       12/31/19  112:17M
11/25/19  Las Vegas Sands Corp.             8-K:1,2,8,911/21/19   15:597K                                   Donnelley … Solutions/FA
10/25/19  Las Vegas Sands Corp.             10-Q        9/30/19   58:10M
 9/04/19  Las Vegas Sands Corp.             8-K:1,2,9   8/30/19   13:3.3M
 8/12/19  Las Vegas Sands Corp.             8-K:1,9     8/09/19   13:1.2M
 7/31/19  Las Vegas Sands Corp.             8-K:1,2,8,9 7/29/19   17:1.4M                                   Donnelley … Solutions/FA
 7/24/19  Las Vegas Sands Corp.             10-Q        6/30/19   57:10M
 5/20/19  Las Vegas Sands Corp.             8-K:5,9     5/16/19    2:253K
 2/22/19  Las Vegas Sands Corp.             10-K       12/31/18  114:18M
 8/10/18  Las Vegas Sands Corp.             8-K:1,2,9   8/09/18    2:603K
 7/25/18  Las Vegas Sands Corp.             10-Q        6/30/18   56:9.1M
 4/27/18  Las Vegas Sands Corp.             10-Q        3/31/18   60:8.5M
11/05/14  Las Vegas Sands Corp.             10-Q        9/30/14   66:23M
 8/07/14  Las Vegas Sands Corp.             10-Q        6/30/14   71:21M
 8/09/12  Las Vegas Sands Corp.             10-Q        6/30/12   63:15M                                    Donnelley … Solutions/FA
 2/29/12  Las Vegas Sands Corp.             10-K       12/31/11  116:17M                                    Donnelley … Solutions/FA
 3/01/11  Las Vegas Sands Corp.             10-K       12/31/10   13:1.8M                                   Donnelley … Solutions/FA
 3/01/10  Las Vegas Sands Corp.             10-K       12/31/09    9:2.7M                                   Donnelley … Solutions/FA
11/14/08  Las Vegas Sands Corp.             8-K:1,3,5,911/10/08   10:666K                                   Bowne - BPX/FA
11/10/08  Las Vegas Sands Corp.             10-Q        9/30/08   12:2.5M                                   Bowne - BPX/FA
 5/09/08  Las Vegas Sands Corp.             10-Q        3/31/08    8:1.8M                                   Bowne - BPX/FA
 5/10/07  Las Vegas Sands Corp.             10-Q        3/31/07    8:968K                                   Bowne - BPX/FA
11/09/06  Las Vegas Sands Corp.             10-Q        9/30/06    9:3.2M                                   Bowne - BPX/FA
11/22/04  Las Vegas Sands Corp.             S-1/A¶                27:6.4M                                   Toppan Merrill-FA
10/25/04  Las Vegas Sands Corp.             S-1/A¶     10/22/04   19:5.5M                                   Toppan Merrill-FA

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Filing Submission 0001300514-23-000021 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)