Las Vegas Sands mulling $6 billion sale of Vegas casinos - source

  • 📰 Reuters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Casino operator Las Vegas Sands Corp is exploring a sale of its flagship casinos in Las Vegas for about $6 billion, a source told Reuters on Monday, with the move likely to mark the exit of the group's chairman from the U.S. gambling industry for now.

- Casino operator Las Vegas Sands Corp is exploring a sale of its flagship casinos in Las Vegas for about $6 billion, a source told Reuters on Monday, with the move likely to mark the exit of the group’s chairman from the U.S. gambling industry for now.

A potential sale of the Las Vegas properties will concentrate the company’s casino portfolio entirely in Macau and Singapore. The gambling industry, which thrives on air travel and large groups of people in close proximity, is one of the hardest hit industries amid the ongoing COVID-19 pandemic.Chairman and chief executive of the group, Sheldon Adelson, said in the second quarter that a “recovery process from the COVID-19 pandemic in each of our markets is now under way.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The WYNN is gonna buy them. 4 casinos in a row. All of them nice.

RAHLawFirm Likely NOT Good to Monopolize Casino & Lottery inDuST. “iF” Sands iS HEL’TY COM’P; MiGHT Ha to STAY lik that. ME reQUI People 2 ARGi WiT; Me Can’T Talk 2 Me Self ALL Time; That HW Me Get Questy OV PSYCHS iF ME Hears Voices. PSYCHS Know OV ME; PSYCHS should let me know

Winteriscoming

I don't see how Vegas can survive this unmanaged pandemic that Trump has chosen for us, there's not much demand for entertainment services casinos offer when we're all hunkering down, worried about catching a deadly virus from others. Sheldon Adelson, this is your fault too.

What is it with every big company in Vegas selling their casinos?

Historical moment with first ever woman to be sworn in by two purported sexual predators !!!!

Who cares about vile jack ass Adelson. Burn them down.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sheldon Adelson’s Las Vegas Sands Considers Sale of Casinos in Namesake CityThe sale price for its Venetian and Palazzo casinos and Sands Expo and Convention Center could be more than $6 billion, according to a person familiar with the deliberations. Two purported sexual predators swear in the woman... very scary! So will foreign investors buy it? Sad. Stayed at the Venetian last summer. :( andrewneeme
Source: WSJ - 🏆 98. / 63 Read more »

Return of Big Las Vegas Shows Proves to Be a High-Wire ActThe cabaret-variety show “Absinthe” aims to reopen this week, making it one of the first shows seeking to return to the Las Vegas Strip, in a test of whether freewheeling entertainment can conform to pandemic rules and still turn a profit. Hey RUBEs! All rtumpy Nazi KKKlan rallies are now, No Thanks Same old GOP lying Ass mind numbing monotonous Stupid Shit TopHatArsen .... this time last year in Vegas!! Viruses and prions aren't microbes.
Source: WSJ - 🏆 98. / 63 Read more »

Sheldon Adelson’s Las Vegas Sands Considers Sale of Casinos in Namesake CityThe sale price for its Venetian and Palazzo casinos and Sands Expo and Convention Center could be more than $6 billion, according to a person familiar with the deliberations. Two purported sexual predators swear in the woman... very scary! So will foreign investors buy it? Sad. Stayed at the Venetian last summer. :( andrewneeme
Source: WSJ - 🏆 98. / 63 Read more »

A Texas woman died on a plane of Covid-19 in JulyA Dallas-area woman died due to Covid-19 while on a flight in Arizona, a Dallas County official said. The woman was in her 30s and had 'underlying high risk health conditions,' according to the county. What is your point? I believe 100% in my whole heart, 1 day we will find out that this whole Biden dealings with China findings/Hunters laptop will uncover that the Bidens had something to do with Covid19 to sabotage Trump from being re-elected, because he had done so well during his time as POTUS This happened in July and it is making news now? Curious.
Source: CNN - 🏆 4. / 95 Read more »

Return of Big Las Vegas Shows Proves to Be a High-Wire ActThe cabaret-variety show “Absinthe” aims to reopen this week, making it one of the first shows seeking to return to the Las Vegas Strip, in a test of whether freewheeling entertainment can conform to pandemic rules and still turn a profit. Hey RUBEs! All rtumpy Nazi KKKlan rallies are now, No Thanks Same old GOP lying Ass mind numbing monotonous Stupid Shit TopHatArsen .... this time last year in Vegas!! Viruses and prions aren't microbes.
Source: WSJ - 🏆 98. / 63 Read more »

Fiat, PSA to win EU approval for $38 billion merger: sourcesFiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world's No.4 carmaker, people close to the matter said, as they strive to meet the industry's dual challenges of funding cleaner vehicles and the global pandemic. Fix It All Time Fix it again Tony.
Source: Reuters - 🏆 2. / 97 Read more »