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The Venetian Las Vegas. The Venetian Las Vegas is a luxury hotel and casino resort located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned by Vici Properties and operated by Apollo Global Management. It was developed by businessman Sheldon Adelson through his company, Las Vegas Sands. The Venetian was built on the former ...
Las Vegas Sands Corp. Las Vegas Sands Corp. is an American casino and resort company with corporate headquarters in Las Vegas, Nevada, United States. It was founded by Sheldon G. Adelson and his partners out of the Sands Hotel and Casino on the Las Vegas Strip. The Sands was demolished and redeveloped as The Venetian, opening in 1999.
Vici purchased the real estate of the Venetian complex from Las Vegas Sands in February 2022 for $4 billion. [37] [38] The acquisition included the Venetian and Palazzo casino hotels and the Sands Expo convention center. [38] Apollo Global Management bought the operating business and leased the property from Vici for $250 million per year. [37]
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Las Vegas Sands' casino resort presence spans the U.S., Macau and Singapore. Our price estimate for LVS stands at $49.36, implying a 10% to 15% premium to market price.
Las Vegas Sands is selling the iconic Venetian casino resort and its Sands Expo and Convention Center for $6.25 billion, withdrawing from gambling operations on the Las Vegas Strip after changing ...
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