March 3, 2021
American casino operator Las Vegas Sands Corporation has announced the signing of deals that are to see it offload its remaining trio of domestic properties for an aggregate consideration worth roughly $6.25 billion.
The Las Vegas-headquartered firm used an official press release to detail that the arrangements will involve The Venetian Resort Hotel Casino and its 3,000-room The Palazzo hotel as well as the nearby Sands Expo and Convention Center being sold to affiliates of global alternative investments firm Apollo Global Management Incorporated and the Vici Properties Incorporated real estate investment trust spun off by Caesars Entertainment Incorporated in 2017.
Pricey particulars: