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Venetian ownership touts Strip success, expresses interest in additional casinos

November 2, 2022 - The private-equity owners of the Venetian resort-casino and events center said operations have gone so well since the takeover from Las Vegas Sands Corp. in February that they want to... Read more »

Analysts bullish on Las Vegas-driven earnings

May 1, 2022 - Las Vegas is coming off a high from the NFL Draft, the reopening of the Palms, and record gaming revenue in Clark County and downtown Las Vegas, but for all... Read more »

Sheldon left the building, but his shadow is still on the wall

February 27, 2022 - The Venetian, Palazzo, and Venetian Expo Center no longer belong to the Las Vegas Sands Corporation (LVS) and the Adelson family. Sheldon Adelson and his company leave a 40-year legacy... Read more »

Venetian sale closes, ends Sands decades-long presence on the Strip

February 24, 2022 - George Markantonis has spent seven years as the top executive overseeing the day-to-day operations of The Venetian, Palazzo and Venetian Expo Center. That role didn’t change following Wednesday afternoon’s closing... Read more »

After Caesars challenges, Apollo allowed to operate on the Strip again; eyes Venetian/Palazzo room expansion

February 18, 2022 - The Nevada Gaming Commission Thursday approved a private-equity company taking over the operations of the Venetian, Palazzo, and adjoining convention center, with plans to enhance the property, including the possibility... Read more »

Nevada Gaming Control Board recommends approval of Apollo control of Venetian, Palazzo and Expo operations

February 3, 2022 - Executives at Apollo Global Management said they’ve learned their lesson from their previous ownership of Caesars Entertainment and aren’t making the same mistake with the pending deal to take over... Read more »

Omicron may be catching up to Las Vegas as 2022 gets underway

January 12, 2022 - The impact from omicron may finally be catching up to Las Vegas. The latest note to investors from Jefferies Equity Research said that what happened during last week’s annual Consumer... Read more »

The Mirage sale plus $1.5 billion in investment set stage for Strip redevelopment

December 15, 2021 - After spending $1.075 billion in cash buying The Mirage’s operations from MGM Resorts International, Hard Rock International will invest $1.5 billion to upgrade the property. According to Wall Street analysts,... Read more »

Las Vegas Sands buys buildings in southwest valley for future headquarters

October 20, 2021 - Months after reaching a multibillion-dollar deal to sell its Strip properties, Las Vegas Sands Corp. has bought a new corporate headquarters in the southwest valley. The casino operator purchased two... Read more »

MGM Growth CEO says chatter over acquisitions increasing

May 2, 2021 - When MGM Growth Properties spun off from MGM Resorts International five years ago, James Stewart was employee No. 1. During Friday’s first-quarter conference call, Stewart said the real estate investment... Read more »