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MACAU DAILY TIMES 澳門每日時報Las Vegas Sands CEO embraces smart gaming tables as the future of gambling

MACAU DAILY TIMES 澳門每日時報Las Vegas Sands CEO embraces smart gaming tables as the future of gambling
macaudailytimes.com.mo - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaudailytimes.com.mo Daily Mail and Mail on Sunday newspapers.

$6 25B sale closes for famed venues on Las Vegas Strip

The new and old owners of the Venetian and Palazzo casino resorts and former Sands Expo and Convention Center said last week they have completed the sale of the iconic Las Vegas Strip properties for $6.25 billion.

Push for Casino Gambling and Sports Betting in Texas Continues

Las Vegas Sands Corp (NYSE:LVS), Apollo Global Management, LLC (NYSE:APO) - Las Vegas Sands Sells Venetian, Expo Center For $6 25B: What Investors Need To Know

Share: Las Vegas Sands Corp. (NYSE: LVS) is selling the Venetian Resort Las Vegas and the Sands Expo and Convention Center for approximately $6.25 billion. What Happened: The divestiture is divided between two entities: VICI Properties will acquire the property and all associated assets for $4 billion, while Apollo Global Management (NYSE: APO) purchased the operations of the Venetian for $2.25 billion. The Venetian opened in 1999 under the ownership of Sheldon Adelson, a co-founder of the COMDEX tech industry trade show. The property cost $1.5 billion to construct, a record for its time, and was built on the site of the Sands Hotel and Casino, which gained pop culture immortality for hosting the Rat Pack concerts in 1960.

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