Saturday, May 23, 2026

Sands deserts Vegas holdings, plans on dune more business in Asia

Las Vegas Sands Corp. is synonymous with the desert casino city, but that relationship is ending as the company has sold off its Las Vegas holdings, the Venetian and the Sands Expo and Convention Center. Apollo Global Management and Vici Properties have tossed in enough chips ($6.25 billion) to make the purchase. Sheldon Adelson, who died in January, opened the Venetian in 1999. The Venetian helped Las Vegas Sands become the world’s biggest casino company. As CNN reports, with the company name changed to Sands, it is focusing on its gambling assets in Singapore and Macau.

 

https://www.cnn.com/2021/03/03/business/las-vegas-sands-venetian-sold/index.html

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

Does U.S. risk running out of key weapons?

(Al Jazeera Media Network) On Thursday, the acting United States Navy secretary, Hung Cao, was asked by a Senate committee about $14 billion in...

At least 82 killed in Chinese coal mine explosion, state media reports

(BBC News) At least 82 people have been killed and two are missing after a coal mine blast in northern China, according to state...