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The Venetian, Palazzo, Sands Expo Sold for $6.25 Billion on the Las Vegas Strip Two companies made an offer to purchase the Las Vegas casino giant Share this story Before Las Vegas Sands Corp. chairman and CEO Sheldon Adelson died in January, he teased that he was willing to part with his Las Vegas properties. Now two months after the 87-year-old casino magnate died from complications of non-Hodgkin lymphoma, the casino operator agreed to sell its Las Vegas properties for $6.25 billion to Apollo Global Management and VICI Properties Inc. New York-based Apollo, founded by real estate investor and former CEO Leon Black, acquires the operating assets and liabilities of the Las Vegas business for approximately $1.05 billion in cash and $1.2 billion in seller financing while New York-based Vici Properties Inc., a real estate investment trust affiliated with Caesars Entertainment, acquires subsidiaries that hold the real estate and real estate-related assets of the Venetian for approx

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