$6.25B sale of Venetian properties on Vegas Strip complete

The new and old owners of the Venetian and Palazzo casino resorts and former Sands Expo and Convention Center announced Wednesday they have completed the sale of the iconic Las Vegas Strip properties for $6.25 billion. Apollo Global Management and Las Vegas Sands Corp. said in separate statements that gamblers, conventioneers and hotel guests should see few changes at the luxury hotel complex including the renamed Venetian Expo. The names will remain the same and George Markantonis, CEO of The Venetian Resort, said the management team will stay in place.

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