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Tag: Las Vegas Sands

Las Vegas Sands looking at Long Island sites for casino’s permanent location

Las Vegas Sands Corporation, one of the largest gambling operators in the world, is looking for a location in Long Island to build a...

U.S. Integrity Partnering Up with Gold Rush Gaming Just in Time for Launch in Ohio

U.S. Integrity is partnering up with Gold Rush Gaming to deliver an extraordinary gaming experience.   On December 6th, U.S. Integrity announced that it signed...

Sands China Provided $40M in Macau Mall Rent Aid Last Year, Down 81 Percent

Sands China Ltd., the Macau arm of Las Vegas Sands (NYSE:LVS), said it provided $41 million in rental assistance last year to tenants at its mall shops in the special administrative region (SAR). The total was needed because of the pandemic, but marked an improvement in revenue rom 2020. In a regulatory filing with the […]

The post Sands China Provided $40M in Macau Mall Rent Aid Last Year, Down 81 Percent appeared first on Casino.org.

Seminole Tribe Thanks Florida for Pushing Back Against Gaming Interests

The Seminole Tribe of Florida is running a television commercial campaign thanking voters in the Sunshine State for continuing to support the Native American group’s economic sovereignty. In a spot titled simply “Thank You,” the Seminoles celebrate their longstanding partnership with the State of Florida. The tribe highlights unsuccessful recent efforts by outside gaming interests […]

The post Seminole Tribe Thanks Florida for Pushing Back Against Gaming Interests appeared first on Casino.org.

Entering a New Phase: Why Las Vegas’ Casino Giants Are Abandoning the Strip

LVS, MGM, and Caesars have all agreed to sell Las Vegas Strip properties over the past few years, and VSO News has assessed their reasons for doing so.

The post Entering a New Phase: Why Las Vegas’ Casino Giants Are Abandoning the Strip appeared first on VegasSlotsOnline News.

Las Vegas Sands Shows Greater Interest in Social Gaming than Casinos

Las Vegas Sands is changing the way it does business. The casino operator is showing an increased interest in social gaming as it backs a new gaming company, Fortis. Tomorrow’s Las Vegas Sands (LVS) won’t be the company Sheldon Adelson founded and turned into a global empire. Before his passing three years ago, Adelson was […]

The post Las Vegas Sands Shows Greater Interest in Social Gaming than Casinos appeared first on Casino.org.

The Venetian, Palazzo Las Vegas Employees to Participate in ‘Value Creation’

Workers at The Venetian and Palazzo sister casino resorts on the Las Vegas Strip are being offered what’s believed to be the first-of-its-kind revenue-sharing arrangement with the property’s new operator. New York-based Apollo Global Management, a private-equity giant with a long history doing business in the US gaming industry, recently completed its $2.25 billion acquisition […]

The post The Venetian, Palazzo Las Vegas Employees to Participate in ‘Value Creation’ appeared first on Casino.org.

Las Vegas Casinos, Executives Heavily Funding Nevada Gubernatorial Campaigns

Las Vegas casinos and the billionaires who own them are donating substantial amounts of money across the political aisle for Nevada’s 2022 gubernatorial election. Nevada Governor Steve Sisolak (D) endured a most difficult first term as governor. The former Clark County commissioner’s first four years in the state’s preeminent governmental role will largely be remembered […]

The post Las Vegas Casinos, Executives Heavily Funding Nevada Gubernatorial Campaigns appeared first on Casino.org.

Sands Completes Las Vegas Asset Sale, Analyst Questions Junk Credit Rating

On Wednesday, Las Vegas Sands (NYSE:LVS) finalized the $6.25 billion sale of its home city assets — Venetian, Palazzo and Venetian Expo — positioning the company to invest heavily in Asia. Private equity titan Apollo Global Management (NYSE:APO) paid $2.25 billion for the operating rights to the venues, while VICI Properties (NYSE:VICI) doled out $4 […]

The post Sands Completes Las Vegas Asset Sale, Analyst Questions Junk Credit Rating appeared first on Casino.org.

End of an Era as Sands Waves Goodbye to Last Strip Presence With Venetian Sale Closure

Las Vegas Sands no longer has a Strip property following the completion of its $6.25bn sale of The Venetian resort complex.

The post End of an Era as Sands Waves Goodbye to Last Strip Presence With Venetian Sale Closure appeared first on VegasSlotsOnline News.

Hard Rocks Sets Sights on Three Locations for New York City Casino

Hard Rock International, the gaming arm of Florida’s Seminole Tribe, is evaluating three sites on which it could possibly build an integrated resort in New York City. Chairman Jim Allen made those remarks in a Thursday interview with the Associated Press, though he didn’t identify specific locations. He told the news agency the hotel Hard […]

The post Hard Rocks Sets Sights on Three Locations for New York City Casino appeared first on Casino.org.

Nevada Appeased on Leon Black’s Apollo Role in Venetian, Palazzo Takeover

The Nevada Gaming Commission (NGC) this week formally approved the $6.25 billion sale of The Venetian and Palazzo casino resorts on the Las Vegas Strip to VICI Properties and Apollo Global Management. But the latter company raised concerns during the state’s hearing on the transaction. Apollo was co-founded by billionaire Leon Black in 1990. Today, […]

The post Nevada Appeased on Leon Black’s Apollo Role in Venetian, Palazzo Takeover appeared first on Casino.org.

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