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Casino operator operator Las Vegas Sands Corp. is exploring sales of its flagship casino in Las Vegas that could bring in billion 6 billion, a source familiar with the matter told Reuters on Monday.
The properties included in the potential sale include the Sands Expo Convention Center, Venetian Resort Las Vegas and Pazzo, the source added, who asked not to be identified.
Shielden Adelson’s Las Vegas Japan Casino Project on B10B
Bloomberg previously reported that Las Vegas Sands is working with a consultant to solicit interest from potential suitors.
LAS VEGAS, Nevada – The Venetian resort in Las Vegas with shutters on the Las Vegas strip shows the colors of the Italian flag as a result of the continued spread of coronavirus on March 28, 2020 in Las Vegas, Nevada. Neva on March 20th
In May, Sands terminated plans to open an Integrated Resort (IR) casino in Japan without giving a reason.
The gambling industry, which thrives on air travel and large groups of nearby people, is one of the most affected industries among the current coronavirus epidemics.Click here to read more on Fox Business
As of June 30, the company had બાકી 13.82 billion in debt, excluding finance leases.
Sheldon Adels, the group’s chairman and chief executive, said in the second quarter that the recovery process from the Kovid-19 epidemic is now underway in each of our markets.
