![]() ![]() Beginning this May, The Venetian Resort Las Vegas and Sands. There are also potential development opportunities domestically, where we believe significant capital investment will provide a substantial benefit to those jurisdictions while also producing very strong returns for the company. SWIMMING UPSTREAM: NAVIGATING SUSTAINABLE SEAFOOD - P.5. We will always look for ways to reinvest in our properties and those communities. Asia remains the backbone of this company and our developments in Macao and Singapore are the center of our attention. “This company is focused on growth, and we see meaningful opportunities on a variety of fronts. Adelson’s legacy while starting a new chapter in this company’s history,” said Las Vegas Sands Chairman and Chief Executive Officer Robert Goldstein. As we announce the sale of The Venetian Resort, we pay tribute to Mr. “The Venetian changed the face of future casino development and cemented Sheldon Adelson’s legacy as one of the most influential people in the history of the gaming and hospitality industry. The company calls the deal “bittersweet” and says it will focus on fast-growing markets in Asia. “But I think the deck has been reshuffled so much over the past year, I wouldn’t be surprised to see more changes like this happening.” ![]() There’s always people coming and going,” Schwartz said. “I think Las Vegas is always in transition. (Photo by Ethan Miller/Getty Images)ĭavid Schwartz, gaming expert at UNLV, said it was too early to tell what impact the sale might have on employees. The billionaire casino magnate, who owned The Venetian and The Palazzo Las Vegas, died last night at age 87. Chairman and CEO Sheldon Adelson on Januin Las Vegas, Nevada. LAS VEGAS, NEVADA – JANUARY 12: Signs at The Venetian Las Vegas display a tribute to Las Vegas Sands Corp. 11 from complications related to his treatment of non-Hodgkin’s lymphoma. Shop The Venetian Expo in Las Vegas, NV at Grand Canal Shoppes at The Venetian Resort Las Vegas Your Las Vegas destination for meetings, conventions and. This comes just two months after the death of former Las Vegas Sands owner Sheldon Adelson. ![]() The deal is worth approximately $6.25 billion.Īpollo Global Management will take over the hotel and expo center, while VICI Properties will manage other real estate assets. Those properties include the Venetian, Palazzo and the Sands Expo and Convention Center. LAS VEGAS (KLAS) - Las Vegas Sands Corporation is selling its properties on the Las Vegas Strip, the company announced Wednesday. ![]()
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