Thursday, March 23, 2023

Tag: Apollo Global Management

Leaving Las Vegas: Sands sell Venetian and Palazzo for $6.25bn

Sands Venetian Palazzo US Sale
Las Vegas Sands has sold the Venetian and Palazzo resorts and the Sands Expo and Convention Center to privateequity firm Apollo Global Management and real estate investment trust Vici Properties.

Caesars to pursue ‘uphill’ appeal after winning lawsuit shield

Casino Review Caesars Entertainment Corp lawsuit
A federal judge on Tuesday gave Caesars Entertainment Corp a five-week shield from $13bn (€11.7bn) in lawsuits, capping a week of intense court hearings as the casino group battles to save a high-stakes debt-cutting plan for its bankrupt subsidiary.   Judge Robert Gettleman said at an emergency court hearing in Chicago that he will decide on 5 October whether he should...