Las Vegas Sands Corp. 3Q12 Financial Results

November 1, 2012

This presentation contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, general economic conditions, competition, new ventures, substantial leverage and debt service, government regulation, legalization of gaming, interest rates, future terrorist acts, influenza, insurance, gaming promoters, risks relating to our gaming licenses, certificate and subconcession, infrastructure in Macao and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Las Vegas Sands Corp. assumes no obligation to update such information.

Forward Looking Statements

2

Macao – Record EBITDA driven by strong growth in all segments

— Strong growth in gaming volumes and hotel revenue at Sands Cotai Central

Singapore – Stable VIP and mass table businesses over last four quarters; Strength in hotel room, MICE and retail segments

U.S. Operations – Las Vegas is stable and Sands Bethlehem continued growth

Board increases dividend by 40% to $0.35 per quarter, or $1.40 per year, for 2013 and declares $0.25 per share dividend for the fourth quarter of 2012

Third Quarter 2012 Highlights Solid Quarterly Results, Strong Cash Flow Generation and Increased Dividend

3

Maximizing Return to Shareholders by: 1. Delivering strong growth and investing in high return projects in current markets 2. Increasing return of capital to shareholders 3. Pursuing promising growth opportunities around the world

Macao – Record EBITDA driven by strong growth in all segments

— Rolling volume increased 45.5% to record $36.04 billion

— Mass table win increased 36.4% to record $658.4 million

— Slot and ETG win increased 29.4% to record $127.7 million

Singapore – Stable VIP and mass table businesses over last four quarters; Strength in hotel room, MICE and retail segments

— VIP volumes and mass table revenues stable

— Slot revenue decreased 7.9% to $135.5 million

— Room revenue increased 12.4% to record $84.0 million driven by growth in Occupancy (99.8%), ADR and RevPAR

Macao – Growth in all Gaming Segments Singapore – Stable VIP and Mass Table Businesses

4 NOTE: All comparisons on this slide present the third quarter 2012 against the third quarter 2011 unless otherwise specified

Macao55%

Singapore30%

Las Vegas11%

Macao51%Singapore

39%

Las Vegas

7%

Composition of 3Q12 Adjusted Property EBITDA

Asian Properties Dominate EBITDA Generation

5

Bethlehem 4%

Bethlehem 3%

Actual Results Hold-Adjusted Results

$876.9 Million $950.7 Million

$3,310

$3,749

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

At 9/30/11 At 9/30/12

6

Strong Growth in LTM EBTIDA Dividend Increased by 40% in 2013 to $1.40 per Year

Last Twelve Months Adjusted Property EBITDA

($MM)

Annual Dividend Increased by 40%

$1.00

$1.40

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

2012 2013

$ in millions, except per share information 3Q11 3Q12 $ Change % Change

Net Revenue 2,409.4$ 2,709.5$ 300.1$ 12.5%

Adjusted Property EBITDA 924.1$ 876.9$ (47.2)$ -5.1%

Adj. Property EBITDA Margin 38.4% 32.4% (600) bps

Adjusted Diluted EPS 0.55$ 0.46$ (0.09)$ -16.4%

Dividend per Common Share -$ 0.25$ 0.25$ N/A

Hold-Adjusted Adjusted Property EBITDA 959.8$ 950.7$ (9.2)$ -0.9%

Hold-Adjusted Adj. Property EBITDA Margin 39.0% 34.0% (500) bps

Hold-Adjusted Adj. Diluted EPS 0.59$ 0.53$ (0.06)$ -10.2%

Solid Third Quarter 2012 Financial Results

7

D&A, Minority Interests and Increase in Shares O/S Reduced Hold-Adjusted Adj. Diluted EPS Principally by Non-Operating Items

8

Impact on Hold-Adjusted Adj. Diluted EPS

Hold-Adjusted Adj. Diluted EPS

3Q11 Hold-Adjusted Adj. Diluted EPS 0.59$

Depreciation and Amortization (0.03)

Net Income Attributable to Noncontrolling Interests (0.02)

Increase in Diluted Shares Outstanding (0.01)

EBITDA Impact (0.01)

Interest Expense, Income Tax and Other Items 0.01

Total Impact on EPS (0.06) (0.06)

3Q12 Hold-Adjusted Adj. Diluted EPS 0.53$

Macao – Strong EBITDA Growth Singapore – Lower Contribution from VIP Business

9 1. Hold-adjusted adjusted property EBITDA

$ in millions

Impact on Hold-Adjusted Adj.

Property EBITDA

Hold-Adjusted Adj. Property EBITDA

3Q11 Hold-Adjusted Adj. Property EBITDA 959.8$

Macao OperationsContribution from Sands Cotai Central 53.7 Macao Organic Growth 19.8

Singapore OperationsDecreased Rolling Volume (38.3) Increased Bad Debt Provision (15.3) Decreased Slot Win (9.5) All Other Items (3.5)

Las Vegas Operations (16.0)

Sands Bethlehem Operations 4.7

Other Asia (4.6) Total Impact on EBITDA (9.1) (9.1)

3Q12 Hold-Adjusted Adj. Property EBITDA 950.7$

Figures as of September 30, 2012 Sands China U.S. Corporate(US GAAP in $MM) Ltd. Singapore Operations1 and Other Total

Cash, Cash Equivalents and Restricted Cash 1,557.7$ 673.1$ 940.0$ 582.5$ 3,753.3$

Debt 3,216.8$ 3,753.9$ 2,525.3$ -$ 9,496.0$

Net Debt 1,659.1$ 3,080.8$ 1,585.3$ (582.5)$ 5,742.7$

Trailing Twelve Months Adjusted Property EBITDA 1,789.2$ 1,490.6$ 468.3$ 0.6$ 3,748.7$

Gross Debt to Trailing Twelve Months EBITDA 1.8 x 2.5 x 5.4 x NM 2.5 x

Net Debt to Trailing Twelve Months EBITDA 0.9 x 2.1 x 3.4 x NM 1.5 x

Board increased dividend by 40% to $0.35 per quarter, or $1.40 per year, for 2013 and declares $0.25 per share dividend for the fourth quarter of 2012

— Expected to return more than $1.15 billion to shareholders in 2013

Cash Balance – $ 3.75 billion

Trailing Twelve Months EBITDA – $3.75 billion

Net Debt – $5.74 billion

Strong Cash Flow and Balance Sheet Enable Board to Increase Dividend by 40% in 2013

10 1. U.S. Operations reflects the cash and debt levels at the U.S. Restricted Group (plus $74.2M in airplane and other financings) and adjusted property EBITDA from Las Vegas operations and Sands Bethlehem NOTE: The leverage ratios presented here may not reflect the effective leverage ratios as calculated under our respective credit agreements due to adjustments that may be applied under each agreement

Strong Balance Sheet and Cash Flow Maximize Financial Flexibility

Mass tables

— Mass table win up 36.4% to record $658.4 million

— Mass table efficiency up 26.1% to $8,699 win per table per day

Slots and ETGs

— Slot and ETG win up 29.4% to record $127.7 million driven by 105.6% increase in ETG win to $35.2 million

VIP gaming

— Rolling volume up 45.5% to record $36.04 billion

— VIP table efficiency up 6.8% to $780,000 roll per table per day

Macao Gaming Performance Strong Growth and Increased Efficiency

11 Strong Operating Momentum Across All Gaming Segments

$451.6 $462.7

$529.2

$577.2

$669.5

23.2%21.6%

23.1%24.3%

26.4%

0%

5%

10%

15%

20%

25%

30%

35%

40%

$0

$100

$200

$300

$400

$500

$600

$700

3Q11 4Q11 1Q12 2Q12 3Q12

Mass Table Win % of Total Mass Table Revenue

$6,900$7,294

$8,063 $7,686

$8,699

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

$10,000

3Q11 4Q11 1Q12 2Q12 3Q12

Mass Table Revenue1 Increased 48.3%

Mass Table Win per Table per Day2

12

($MM)

760 Mass Tables 751 727 825 823

$1 Billion of Annual Departmental Profit Today - - Upside from Mass Market Growth in the Future Source: Macao DICJ 1. LVS’s mass table revenue reflects the Macao DICJ’s presentation methodology, which includes live dealer ETG configurations within the mass table segment and Paiza cash revenue within the VIP segment. For financial reporting, LVS presents a non-rolling table segment (which includes Paiza cash and excludes all ETGs) and a slot segment (which includes all ETGs). 2. Excludes revenue from all ETGs 3. Consists of: City of Dreams, Galaxy Macau, Grand Lisboa, MGM Grand and Wynn Macau

2Q12 Non-SCL Flagship Property Average3

$9,786

Strong Growth and Increasing Productivity in Our Macao Mass Table Segment

$0.58$0.66

$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

2Q12 3Q12

$1.36$1.56

$0.00

$0.30

$0.60

$0.90

$1.20

$1.50

$1.80

2Q12 3Q12

Strong Sequential Growth in Gaming Volumes at Sands Cotai Central

13

VIP Rolling Volume Per Table Per Day

($MM)

($MM)

Mass Table, Slot and ETG Win Per Day

Phase III Phase I Phase IIA Phase IIB

Picture taken October 19, 2012

Walkover Bridge to be Completed in 1Q13

Scheduled to Open in 1Q13

Currently Operational

Future Phase

Walkover Bridge

Sands Cotai Central

Gaming

— VIP volumes stable ($11 billion to $13 billion per quarter over the past year)

— Mass table revenue steady ($260 million to $280 million per quarter over the last five quarters)

— Slot revenue decreased 7.9%

— Future gaming growth will come from increased visitation to Singapore

Strong hotel performance – Hotel room revenue up 12.4% to record $84.0 million

Strong retail performance – Retail mall revenue up 7.6% to $39.7 million

Singapore – Stable VIP and Mass Table Businesses;

Strong Hotel, MICE and Retail

14 Our Focus: Increasing Visitation to Singapore – Will Drive Growth at Marina Bay Sands

South Korea

Areas of Focus for Las Vegas Sands

Japan

Singapore MBS Expansion

Vietnam

Europe – Madrid

Minimum of 20% return on total invested capital

25% - 35% of total project costs to be funded with equity -- project financing (65% - 75% of total project costs) in place before construction begins

Disciplined Execution of Our Global Growth Strategy Development Opportunity Parameters

15

North America

Macao The Parisian Macao

Sands Cotai Central (Phase III)

South America

We are expanding our market-leading asset base in Macao, the world’s largest and most profitable gaming market

— We are delivering strong growth in every segment in Macao, and have meaningful additional growth opportunities across our Macao portfolio

Our track record, strong cash flow and balance sheet, and leadership team position us to:

— Execute our strategy to deliver strong organic growth in our current markets and make additional investments to enhance growth in those markets

— Increase the return of capital to shareholders through a recurring quarterly dividend

— Increased dividend by 40% to $0.35 per quarter, or $1.40 per year, for 2013

— Pursue promising development opportunities around the world

The Investment Case for LVS

16

Appendix

$ in millions 3Q11 4Q11 1Q12 2Q12 3Q12

Macao Property OperationsReported 388.3$ 434.2$ 456.4$ 429.0$ 487.9$ Hold-Adjusted 414.4$ 434.2$ 455.6$ 446.6$ 487.9$

Marina Bay SandsReported 413.9$ 426.9$ 472.5$ 330.4$ 260.8$ Hold-Adjusted 432.2$ 382.9$ 419.4$ 387.7$ 365.6$

Las Vegas OperationsReported 94.3$ 80.9$ 115.8$ 64.4$ 98.2$ Hold-Adjusted 85.1$ 82.0$ 98.6$ 76.9$ 69.1$

Sands BethlehemReported 25.2$ 22.5$ 27.5$ 26.9$ 32.1$ Hold-Adjusted 25.5$ 22.4$ 26.8$ 27.3$ 30.2$

LVS Consolidated2

Reported 924.1$ 960.6$ 1,066.5$ 844.7$ 876.9$ Hold-Adjusted 959.8$ 917.6$ 994.7$ 932.6$ 950.7$

Historical Hold-Adjusted Adj. Property EBITDA1

19

1. This schedule presents hold-adjusted adjusted property EBITDA based on the following methodology: (a) for Macao operations and Marina Bay Sands: if the quarter’s junket and/or premium direct rolling win percentage is outside of the 2.70%-3.00% band, then a hold-adjustment is calculated by applying the respective segment’s trailing twelve months win percentage to the rolling table volume in that segment for the quarter (b) for Las Vegas operations and Sands Bethlehem: calculated by applying the trailing twelve months win percentage to each quarter’s table games drop (c) for all properties: gaming taxes on incremental win are applied to determine the EBITDA impact

2. Reflects consolidated adjusted property EBITDA inclusive of Other Asia segment

$388.3

$487.9

$414.4

$487.9

33.3%

30.3%

34.3%

30.3%

10%

20%

30%

40%

50%

$0

$100

$200

$300

$400

$500

$600

3Q11 3Q12

Record Macao Operating Performance

20

($MM)

Macao Property Operations Adjusted Property EBITDA and Adjusted Property EBITDA Margin

Adj. Prop. EBITDA

Adj. Prop. EBITDA Margin

Hold-Adjusted Adj. Prop. EBITDA

Hold-Adjusted Adj. Prop. EBITDA Margin

$3.8

$0.6

$4.4

$1.9

$6.3

$4.5

$1.6

$0.5

$6.6

$1.9

$8.5

$0.0

$3.0

$6.0

$9.0

Venetian Macao Sands CotaiCentral

Plaza Casino(Four Seasons)

Total Cotai Strip Sands Macao(Peninsula)

Total Macao Ops

3Q11 3Q12

Mass Table, Slot and ETG Win Per Day

($MM)

Robust Mass Growth at Our Cotai Strip Properties

21 Mass Win Per Day Increased 34.9% to $8.5 Million in 3Q12 – Highest in Macao Market

Cotai Strip Properties Peninsula Total

$94.0$98.3

$103.2$110.9 $109.4

26.6% 25.9%25.0%

27.0% 27.8%

0%

5%

10%

15%

20%

25%

30%

35%

$0

$20

$40

$60

$80

$100

$120

3Q11 4Q11 1Q12 2Q12 3Q12

Slot Win % of Total market Slot Revenue

Profitable Slot Business Expanding Meaningful Upside Opportunity Remains

22

Macao Operations Slot Revenue1 Increased 16.4%

($MM)

$160 Million of Annual Departmental Profit Today - - Upside from Slot Growth in the Future

Source: Macao DICJ 1. LVS’s slot revenue reflects the Macao DICJ’s presentation methodology, which includes live dealer ETG configurations within the mass table segment. For financial reporting, LVS presents a non-rolling table segment (which includes Paiza cash and excludes all ETGs) and a slot segment (which includes all ETGs).

$24.8

$28.7

$32.9$33.4

$36.0

11.4%

13.3%12.6%

14.8%

17.0%

0%

5%

10%

15%

20%

$0

$5

$10

$15

$20

$25

$30

$35

$40

3Q11 4Q11 1Q12 2Q12 3Q12

Rolling Volume % of Total Market Rolling Volume

VIP Business Exhibiting Strong Growth and Market Share Gain

23

Macao Operations Rolling Volume Increased by 45.5%

$500M of Annual Departmental Profit Today - - Upside from Increased Table Efficiency in the Future

($BN)

1. Estimated based on preliminary market data

1

$1.36

$1.56

$0.00

$0.30

$0.60

$0.90

$1.20

$1.50

$1.80

2Q12 3Q12

$0.58

$0.66

$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

2Q12 3Q12

Integrated resort of ~13.7 million SF (upon completion of all phases), which cements our unrivaled scale on the Cotai Strip

Phase I opened on April 11, 2012 and features:

− Mass gaming floor with ~170 gaming tables and ~950 slot machines, including ~250 ETG seats

− Paiza Club VIP gaming area with ~150 tables

− 636 Conrad-branded hotel rooms and 1,224 Holiday Inn-branded hotel rooms

− Portion of over 1.2 million SF of retail, entertainment, dining facilities and MICE space

Phase IIA opened on September 20, 2012 and features:

− Additional mass gaming floor with ~150 gaming tables and ~1,400 slots and ETGs

− ~1,800 Sheraton-branded hotel rooms

− Additional retail and dining amenities

Walkover Bridge to be completed in 1Q13

Phase IIB will open in 1Q13 and feature ~2,100 Sheraton-branded hotel rooms

Phase III is expected to include a fourth luxury St. Regis-branded hotel and mixed-use tower

Phase III

Sands Cotai Central Has Meaningfully Expanded Our Cotai Strip Gaming, Hotel and Retail Offerings

Phase I Phase IIA Phase IIB

24

VIP Rolling Volume Per Table Per Day

Mass Table, Slot and ETG Win Per Day

($MM) ($MM)

Overview

Completed to Date

Future Phases

As of October 19, 2012

Expanding Our Asset Base on the Cotai Strip The Parisian Macao

25 LVS Operating Assets

LVS Future Development

Third Party Operating Asset

The Parisian (Parcel 3)

Lake and Nature

Preserve

Tropical Garden

Tropical Garden

Sands Cotai

Central

The Venetian

Macao (Parcel 1)

Four Seasons Hotel Macao

and Plaza Casino

(Parcel 2)

Macau Dome

Macau Int’l

Airport

City of Dreams

Third Party Future Development

Galaxy Macau

Macau Studio City

St. Regis Conrad /

Holiday Inn

Sheraton Sheraton Towers

Site Plan of The Parisian Macao

Map of Macao’s Cotai Strip

Targeted completion date: First quarter 2016

Total cost of project: ~$2.7 billion

Hotel rooms and suites: 3,000+

Gaming capacity: ~450 table games and 2,500 slots and ETGs

Additional amenities including retail mall, replica Eiffel Tower, MICE space, diverse food & beverage options and entertainment

C

OT

A

I

S

T

R

I

P

EIFFEL TOWER

HOTEL GAMING

RETAIL MICE F&B

Twelve Months Ended September 30, Population Penetration

2011 2012 % Change (MM) Rate (LTM)Beijing 285,143 325,603 + 14% 20 2%

Tianjin 88,360 130,069 + 47% 13 1%

Shanghai 444,105 492,153 + 11% 23 2%

Zhejiang 549,061 607,609 + 11% 54 1%

Fujian 841,720 876,697 + 4% 37 2%

Chongqing 147,794 200,689 + 36% 29 1%

Hunan 470,515 596,046 + 27% 66 1%

Guangdong 7,800,220 8,142,497 + 4% 104 8%

Growth in Visitation from Deeper Within China is Happening…

Source: Macao DSEC

Mainland China Visitation to Macao

26

… But Overall Penetration Levels Outside of Guangdong Province Remain Very Low

29%

55%

71%

45%

0%

20%

40%

60%

80%

100%

Gross Gaming Revenue Operating Profit

Mass Tables and Slots VIP Gaming

$10,940

$26,152

$37,092

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

Gross Gaming Revenue

Mass Tables and Slots VIP Gaming

LTM 9/30/12 Macao Market Gross Gaming Revenue

VIP Gaming is 71% of Total Macao GGR… …but Mass Tables and Slots Generate ~55% of Gaming Operating Profit

($MM)

Composition of Macao Market Gross Gaming Revenue and Est. Gaming Operating Profit1

Source: Macao DICJ 1. This presentation reflects an assumed operating profit margin of 12.5% on gross VIP revenue and a blended margin of 37% on gross mass revenue (35% on mass table revenue and 45% on slot revenue)

Mass Gaming Generates 29% of the Gaming Revenue, but ~55% of the Gaming Operating Profit

27

3Q12 YoY Growth

+7%

-1%

+27%

$2.95 $2.96

$1.60 $1.47

$4.55 $4.43

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

3Q11 3Q12

Non-Rolling Tables Slot Machines

Adj. Prop. EBITDA

Adj. Prop. EBITDA Margin

Hold-Adjusted Adj. Prop. EBITDA

Hold-Adjusted Adj. Prop. EBITDA Margin

Marina Bay Sands Operations Third Quarter 2012 Details

28

Non-Rolling Table and Slot Win Per Day

Adjusted property EBITDA of $260.8 million, a decrease of 37.0%, was unfavorably impacted by:

— Lower rolling volumes and rolling win percentage

— Provision for casino accounts receivable was $39.6 million compared to year-ago’s $24.3 million

On a hold-adjusted basis, adjusted property EBITDA was $365.6 million (-15.4%)

Total mass (non-rolling tables and slots) win per day decreased 2.6% to $4.43 million

— Non-Rolling win increased 0.2% to $271.9 million

— Slot win decreased 7.9% to $135.5 million

Rolling volume of $11.79 billion (with hold of 1.79%) in 3Q12 compared to $16.72 billion in 3Q11 (at 2.69% hold)

Strong growth in non-gaming amenities

— Hotel RevPAR increased 12.1% to $360 and room revenue increased 12.4% to $84.0 million

— Mall revenue increased 7.6% to $39.7 million

($MM)

($MM)

Adjusted Property EBITDA and Adjusted Property EBITDA Margin

At Today’s Run-Rate, Marina Bay Sands is a $1.4 Billion - $1.5 Billion EBITDA Business

$413.9

$260.8

$432.2$365.6

52.2%

41.7%

53.2%

49.2%

30%

40%

50%

60%

$0

$100

$200

$300

$400

$500

3Q11 3Q12

0.33

0.23

0.32 0.29

0.41

0.35

0.47

0.35

0.54

0.44

0.0

0.1

0.2

0.3

0.4

0.5

0.6

Q1 Q2 Q3 Q42010 2011 2012

2.69

2.84

3.04 3.07 3.12

3.24

3.49

3.36

3.57 3.50

2.0

2.2

2.4

2.6

2.8

3.0

3.2

3.4

3.6

3.8

Q1 Q2 Q3 Q42010 2011 2012

2010 - 2011 2011 - 2012

Mainland China Visitation to Singapore

Total Visitation to Singapore

Increasing Visitation to Singapore from Mainland China and Around the Region

(MM)

+16% +14% +15% +9%

(MM)

Source: Singapore Tourism Board 29

2010 - 2011 +14%

+25% +49% +49% +21% +31% 2011 - 2012 +8% +29%

$70.2$208.3

$285.0$361.2

$509.6 $561.1$655.7

$780.1$821.5 $895.5

0.0%8.4% 9.6%

12.9%11.3%

14.6%18.2%

19.8%23.4%

26.8%

0.0%

10.0%

20.0%

30.0%

$0

$200

$400

$600

$800

$1,000

2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12Gross Casino A/R Balance at End of Period Reserve Against A/R Balance

$40.4

$145.5$203.4

$249.9 $271.1

$345.2 $314.3

$418.1

$311.4 $317.0

$0

$75

$150

$225

$300

$375

$450

2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12

Singapore – Credit Collections Remain Healthy and Reserve Balance Has Increased

30

($MM)

Reserve Balance has Increased as Accounts Receivable Balance has Grown

($MM)

Casino Credit Collections Remain Healthy

$0 Quarterly Provision

$17M $24M $37M $32M $40M $40M $11M $19M $10M

Reserve Balance of $240M Represents 8% of Rolling Win Since Opening of Property

$322 $382

$214$199

$536 $581

$0

$200

$400

$600

3Q11 3Q12Baccarat Non-Baccarat

Adj. Prop. EBITDA

Adj. Prop. EBITDA Margin

Hold-Adjusted Adj. Prop. EBITDA

Hold-Adjusted Adj. Prop. EBITDA Margin

Las Vegas Operations Third Quarter 2012 Details

31

Composition of Table Games Drop

Adjusted property EBITDA of $98.2 million, an increase of 4.1%

— On a hold-adjusted basis, adjusted property EBITDA was $69.1 million (-18.8%)

Table games drop, led by strong baccarat play (up 18.6%), increased 8.5% to $581.5 million

Slot handle increased 1.7% to $498.4 million

Cash ADR increased 3.7% to $195

— Ongoing room refurbishment program resulted in ~12,000 fewer available room nights (-2%) in 3Q12 compared to 3Q11

Venetian casino remodel nearly complete

New entertainment offerings to debut in December 2012 include Broadway hit Rock of Ages and a series of performances by country superstars Tim McGraw and Faith Hill

Best opportunities for future growth:

— Continued high-end Asian gaming growth

— Increase in group room sales in 2013

($MM)

($MM)

Adjusted Property EBITDA and Adjusted Property EBITDA Margin

Las Vegas is Stable. . . And We Are Investing in Our Properties for the Future

$94.3 $98.2$85.1

$69.127.1% 26.9%

25.2%

20.7%

10%

20%

30%

40%

$0

$25

$50

$75

$100

$125

3Q11 3Q12

$84 $113

$105$122

$189$235

$0

$50

$100

$150

$200

$250

3Q11 3Q12Baccarat Non-Baccarat

Adj. Prop. EBITDA

Adj. Prop. EBITDA Margin

Hold-Adjusted Adj. Prop. EBITDA

Hold-Adjusted Adj. Prop. EBITDA Margin

Sands Bethlehem Operations Third Quarter 2012 Details

32

Adjusted property EBITDA increased 27.6% to a record $32.1 million

Table games drop was a record $234.9 million, an increase of 24.3%

Slot handle increased 2.7% to $1.02 billion

Retail outlet mall (150,000 SF) opened in November 2011

— 21 stores currently open, with an additional 9 stores to open in the future with brands including Coach, Tommy Hilfiger, DKNY, Under Armour and Guess

Event Center (50,000 SF) opened May 16, 2012

— Past headline events include The Beach Boys, Incubus, Glenn Frey, Crosby Stills and Nash, Jay Leno, NBC Fight Night, and Diana Krall with average occupancy of 85%

($MM)

($MM)

Adjusted Property EBITDA and Adjusted Property EBITDA Margin

Table Games, Slots, Hotel and Event Center All Contributing to Growth

Composition of Table Games Drop

$25.2

$32.1

$25.5$30.2

23.6%26.3%

23.8% 25.2%

10%

20%

30%

40%

$0

$10

$20

$30

$40

3Q11 3Q12

$350 $500 $450 $450$400

$800

$350 $200

$600 $1,200

$900

$3,571 $3,658

$2,027 $1,918

$1,381$1,600 $1,450

$1,850

$1,350

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

2007 2008 2009 2010 2011 2012E 2013E 2014E 2015+E

Maintenance Other Developments Sands Cotai Central The Parisian Macao²

Capital Expenditures Expectations1

Future Investments Include SCC, The Parisian Macao and Maintenance com

Future Capital Expenditures Focused on Growth in Asia

($MM)

1. Excludes capitalized interest 2. $2.7 billion project expected to be funded by approximately $800 million of equity and $1.9 billion in project financing. The timing of capex is subject to government approval.

Palazzo Las Vegas Four Seasons Macao Sands Bethlehem Marina Bay Sands Sands Cotai Central The Parisian Macao2

LVS Capex Expectations

Development Timeline Pre-Opening Post-Opening

33

$923

$2,086$616

$906

$1,160 $925$769

$187

$1,384

$9 $98

$1,121

$1,731

$4,381

$1,218$938

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

2012¹ 2013 2014 2015 2016 2017 2018+

SCL MBS USRG LVSC

Long Dated Maturity Profile Debt Maturity by Year at September 30, 2012

Long Term and Low Cost Financing in Place

($MM)

<1% 1% 12% 46% % of Total 18% 13% 10%

34 1. Reflects the debt maturities for the remainder of the 2012 calendar year

In September 2012, the Company selected Madrid as its preferred location for an Integrated Resort development to serve the European market

While the development process is still in the early phases, the next steps include:

Madrid and Spanish Governments to pass a package of legislative changes to enable Integrated Resort-style gaming. Important provisions include the establishment of: gaming and other tax rates, special zoning, and applicable labor rules and smoking regulations

Determine specific development site

Define development master plan and determine size and scope of first phase of project

Complete evaluation of financing options

Madrid Government to conduct competitive tender process

Acquisition of land for development

European Development Update

35

1

2

3

4

5

6

Progress Towards a Resolution of the Current Economic Challenges within Europe will be an Important Consideration in the Development Process