Dallas Mavericks governor Patrick Dumont is poised to become the next CEO of Las Vegas Sands, the resort and casino development company founded by his late father-in-law, Sheldon Adelson.
The board of directors intends for Dumont to take over as chairman and CEO in March 2026, when Robert Goldstein transitions to the role of senior advisor, the company announced Thursday. Goldstein will serve until March 2028, according to a news release.
Dumont and his mother-in-law, Miriam Adelson, purchased a majority stake in the Mavericks from Mark Cuban in December 2023. As governor, Dumont represents the team on the NBA Board of Governors.
Adelson is the largest shareholder of Sands, which operates casino resorts in Singapore and Macau. It reached an agreement to sell its Las Vegas properties, including The Venetian, in 2021.
An entity connected to Sands owns most of a 182-acre tract of land in Irving that could be used for a new Mavericks arena, if the city approves an application to rezone the area.
Since his first interview as team governor, Dumont has been clear about his vision for a new arena, though he has said the franchise will fulfill its American Airlines Center lease, which expires in July 2031.
The zoning changes don’t guarantee the arena would be built in Irving, but they would create a high-intensity mixed-use area that in part would be earmarked for “an arena with a minimum of 15,000 seats and/or an indoor theater with a minimum of 4,000 seats.”
The application also would clear the way for the construction of a destination resort with one or more luxury hotels, which “may include Casino Gaming if authorized by the Constitution and laws of the state of Texas.”
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