Las Vegas Sands Hires New Accountant and Auditor

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There will be a new entity tallying up the finances of Las Vegas Sands (NYSE: LVS  ) and signing off on them. The casino operator revealed in a pair of filings with the Securities and Exchange Commission that it has hired Deloitte & Touche to be its accountant and auditor. Deloitte replaces PricewaterhouseCoopers. The latter company, according to Las Vegas Sands, "declined to stand for reelection" in that role. That decision was announced last month.

No mention was made in the filing as to how much Deloitte will be paid for its services. PricewaterhouseCoopers took in roughly $5.5 million in fees for its work with Las Vegas Sands in 2011.

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Eric Volkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

10/7/2015 4:01 PM
LVS $45.82 Up +0.94 +2.09%
Las Vegas Sands Co… CAPS Rating: ****