Sands Hotel and Casino closed in 1952.
 The next year, MGM sold it for $110 million to Las Vegas Sands, a new company formed by the owners of The Interface Group, including Sheldon Adelson, Richard Katzeff, Ted Cutler, Irwin Chafetz and Jordan Shapiro
 Crime bosses such as Doc Stacher and Meyer Lansky acquired shares in the hotel and attracted Frank Sinatra, who made his performing debut at Sands in October 1953

