Las Vegas Sands has named its long-serving executive Robert Goldstein as the company’s new chairman and CEO.

The appointment comes after American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world’s richest men, died earlier this month at 87. Adelson was Las Vegas Sands’ chairman and chief executive officer since its inception in the late 1980s.

Goldstein, who assumed the role of acting chairman and CEO on January 7, joined Las Vegas Sands in 1995 and became a member of its board in 2015. He has served as president and chief operating officer since January 2015.

Goldstein has also held prominent roles at The Venetian and The Palazzo Las Vegas, two of the world’s best-known casinos on the Vegas gambling strip.

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