NOTICE OF GUARANTEED DELIVERY for Tender of all Outstanding 12 1/4% Mortgage Notes due 2004 and 14 1/4% Senior Subordinated Notes due 2005 in Exchange for New 12 1/4% Mortgage Notes due 2004 and 14 1/4% Senior Subordinated Notes due 2005 Registered Under the Securities Act of 1993, as amended of LAS VEGAS SANDS, INC. and VENETIAN CASINO RESORT, LLC Registered holders of outstanding 12 1/4% Mortgage Notes due 2004 (the "Existing Mortgage Notes") and 14 1/4% Senior Subordinated Notes due 2005 (the "Existing Senior Subordinated Notes" and, together with the Existing Mortgage Notes, the "Existing Notes") who wish to tender their Existing Notes in exchange for a like principal amount of new 12 1/4% Mortgage Notes due 2004 (the "New Mortgage Notes") and 14 1/4% Senior Subordinated Notes due 2005 (the "New Senior Subordinated Notes" and, together with the New Mortgage Notes, the "New Notes") and whose Existing Notes are not immediately available or who cannot deliver their Existing Notes and Letter of Transmittal (and any other documents required by the Letter of Transmittal) to First Trust National Association (the "Exchange Agent") prior to the Expiration Date, may use this Notice of Guaranteed Delivery. This Notice of Guaranteed Delivery may be delivered by hand or sent by facsimile transmission (receipt confirmed by telephone and an original delivered by guaranteed overnight courier) or letter to the Exchange Agent. See "The Exchange Offer--Procedures for Tendering Existing Notes" in this Prospectus. The Exchange Agent for the Exchange Offer is: First Trust National Association 180 East 5th Street St. Paul, MN 55101 Attn: Corporate Finance Rick Prokosch For Information, call: (612) 244-0721 Fax: (612) 244-0711 Delivery of this Note of Guaranteed Delivery to an address other than as set forth above or transmission of instructions via a facsimile transmission to a number other than as set forth above will not constitute a valid delivery. This Notice of Guaranteed Delivery is not to be used to guarantee signatures. If a signature on a Letter of Transmittal is required to be guaranteed by an Eligible Institution (as defined in the Prospectus), such signature guarantee must appear in the applicable space provided on the Letter of Transmittal for Guarantee of Signatures. 2 Ladies and Gentleman: The undersigned hereby tenders the principal amount of Existing Mortgage Notes and/or Existing Senior Subordinated Notes indicated below, upon the terms and subject to the conditions contained in the Prospectus dated ________, 1998 of Las Vegas Sands, Inc. and Venetian Casino Resort, LLC (the "Prospectus"), receipt of which is hereby acknowledged. DESCRIPTION OF SECURITIES TENDERED Name and address of registered holder as it Certificate Aggregate Principal Principal Amount appears on the 12 1/4% Mortgage Notes due Number(s) of Amount Represented of Existing 2004 ("Existing Mortgage Notes") Existing Mortgage by Existing Mortgage Notes (Please Print) Notes Tendered Mortgage Notes*/ Tendered ----------------------------------- -------------- -------------- -------------- ----------------------------------- -------------- -------------- -------------- ----------------------------------- -------------- -------------- -------------- If Existing Mortgage Notes will be delivered by book-entry transfer to The Depositary Trust Company, provide account number. Account Number _______________ Name and address of registered holder as it Certificate appears on the 14 1/4% Senior Subordinated Number(s) of Aggregate Principal Principal Amount Notes due 2005 ("Existing Senior Existing Senior Amount Represented of Existing Senior Subordinated Notes") Subordinated Notes by Existing Senior Subordinated (Please Print) Tendered Subordinated Notes*/ Notes Tendered ----------------------------------- -------------- -------------- -------------- ----------------------------------- -------------- -------------- -------------- ----------------------------------- -------------- -------------- -------------- ----------------------------------- -------------- -------------- -------------- If Existing Senior Subordinated Notes will be delivered by book-entry transfer to The Depositary Trust Company, provide account number. Account Number _______________ - -------- */ Must be in denominations of $1,000 and any integral multiple thereof. 3 THE FOLLOWING GUARANTEE MUST BE COMPLETED GUARANTEE OF DELIVERY (Not to be used for signature guarantee) The undersigned, a firm that is a member of a registered national securities exchange or a member of the National Association of Securities Dealers, Inc. or a commercial bank or trust company having an office, branch, agency or correspondent in the United States, hereby guarantees to deliver to the Exchange Agent at one of its addresses set forth above, the certificates representing the Existing Notes, together with a properly completed and duly executed Letter of Transmittal (or facsimile thereof), with any required signature guarantees, and any other documents required by the Letter of Transmittal within three New York Stock Exchange, Inc. trading days after the date of execution of this Notice of Guaranteed Delivery. Name of Firm:____________________________ __________________________________ (Authorized Signature) Address:_________________________________ Title:_____________________________ _________________________________________ Name:______________________________ (Zip Code) (Please type or print) Area Code and Telephone Number: Date:______________________________ - ----------------------------------------- NOTE: DO NOT SEND EXISTING NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. EXISTING NOTES SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL. 4 - -------------------------------------------------------------------------------- All authority herein conferred or agreed to be conferred shall survive the death or incapacity of the undersigned and every obligation of the undersigned hereunder shall be binding upon the heirs, personal representatives, successors and assigns of the undersigned. - -------------------------------------------------------------------------------- PLEASE SIGN HERE X _____________________________ X _____________________________ ___________ Signature(s) of Owner(s) Date or Authorized Signatory Area Code and Telephone Number: ______________________________________ Must be signed by the holder(s) of Existing Notes as their name(s) appear(s) on certificates for Existing Notes or on a security position listing, or by person(s) authorized to become registered holder(s) by endorsement and documents transmitted with this Notice of Guaranteed Delivery. If signature is by a trustee, executor, administrator, guardian, attorney-in-fact, officer or other person acting in a fiduciary or representative capacity, such person must set forth his or her full title below: Please print name(s) and address(es) Name(s): ___________________________________________________ ___________________________________________________ Capacity: ___________________________________________________ ___________________________________________________ Address(es): ___________________________________________________ ___________________________________________________