Finance

Las Vegas Sands doubles down on Asia with $6.25bn sale of US assets

Casino giant offloads The Venetian Resort and Sands Expo and Convention Center as COO Patrick Dumont hints at exploration of online gambling

Las Vegas Sands (LVS) has agreed to sell a huge chunk of its US land-based casino empire to private equity firm Apollo Global Management and VICI Properties for $6.25bn. The sale, which includes The Venetian Resort Las Vegas and the Sands Expo and Convention Center, was sanctioned to reinvest in lucrative Asian markets and fund…

Apollo Global Management | Finance | Las Vegas Sands | Macau | Robert Goldstein | Singapore

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