- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Apollo Global Strengthens As It Completes Las Vegas Sands Purchase

The Venetian and Palazzo casino resorts, as well as the former Sands Expo and Convention Center, have a new owner. Apollo Global Management and Las Vegas Sands (LVS) announced Wednesday that they have completed the sale of the iconic Las Vegas Strip properties.
Changing of the Vegas Guard
In separate statements, Apollo and LVS stated that conventioneers, gamblers, and hotel guests would see little change at the luxury hotel complex, which includes the renamed Venetian Expo.
VICI Properties, a New York-based company, purchased assets related to the Venetian Resort Las Vegas as well as the Expo for $4 billion. Apollo Global Management purchased Venetian operations at $2.25 billion.
The Nevada Gaming Control Board signed off on the property transfers a couple of weeks ago. That was the final hurdle to jump before consummating the deals.
The names of the resorts will not change, however, and George Markantonis, the CEO of The Venetian, said that the management team will be unchanged.
Markantonis stated, “We have an exciting chance to build upon our past successes and capture future opportunities.” He emphasized hospitality, meetings, events, gambling, and entertainment – virtually everything Vegas is known for.
Revitalization Efforts Coming to Vegas
According to the Las Vegas Review-Journal, Apollo executives informed Nevada casino regulators that they will enter into an ongoing partnership agreement with Madison Square Garden Entertainment Corp. in order to develop the MSG Sphere. The venue is reportedly worth $1.9 billion and has 17,500 seats, which is being built east of The Venetian Expo.
The closing of the purchase is the end of an era. Sands, the company that was led by Sheldon Adelson up to his death just over a year ago, will cease US operations and focus on Asia operations.
Patrick Dumont, Sands president, and chief operating officer referred to the $1 billion in reinvestment at Marina Bay Sands, Singapore, and a $2.2 billion renovation of The Londoner Macao.
Adelson purchased the Sands Hotel, which was once home to Frank Sinatra’s Rat Pack, in 1989. He tore down the original building and put in its place an Italian-inspired towering complex. It worked, leading Adelson to become one of the richest men in the world.
Today, the Venetian and Palazzo offer over 7,000 guest rooms, casinos, convention spaces and more than 8,000 employees.
Robert Goldstein, chairman, and CEO of Las Vegas Sands stated, “The opening of The Venetian more than 20 years ago represents the beginning of the company’s success. The property, and most importantly, the people who represent it every day will always remain indelible parts of our history.”
Related Topics:
Erik brings his unique writing talents and storytelling flare to cover a wide range of gambling topics. He has written for a number of industry-related publications over the years, providing insight into the constantly evolving world of gaming. A huge sports fan, he especially enjoys football and anything related to sports gambling. Erik is particularly interested in seeing how sports gambling and online gaming are transforming the larger gaming ecosystem.
Must Read
Business
August 29, 2025
CMA to Investigate Sportradar’s Merger with IMG Arena
Business
August 28, 2025
KKCG Offloads 4.27% Allwyn Stake
Business
September 2, 2025
Pine Sports and SharpSports Merge to Reach Greater Heights
More Articles
Casino
September 2, 2025
Criminal Boss “Fat Mike” Denied Compassionate Release from Prison
Industry
September 2, 2025
Crypto.com to Power Underdog’s Prediction Markets Foray
Industry
September 2, 2025
Kazakhstan Could Criminalize Influencers Promoting Gambling Content
Slots
September 2, 2025
Discover the Riches of a Molten Jungle in Play’n GO’s Fire Toad 2
Industry
September 2, 2025
California Inches Closer to Banning Sweepstakes as AB 831 Advances
Casino
September 2, 2025
55% of Filipino Gamblers, Unaware of Risks Tied to Illegal Sites
Sports
September 2, 2025
Diego Lopes vs. Jean Silva Noche UFC 3 Odds, Time, and Prediction
Casino
September 2, 2025
Billionaire Sues Star Sydney Over $57M Gambling Loss
Industry
September 2, 2025
UK Launches New Anti-Fraud Rules Impacting Betting Firms
Sports
September 2, 2025
Baseball Athletes Remain Suspended as MLB Gambling Probe Deepens