Apollo operates (since 2022) · VICI owns the dirt
The Venetian Resort Las Vegas opened 1999 — Sheldon Adelson's Italian-Renaissance-themed megaresort on the former Sands site. In February 2022, [[operator:apollo-global|Apollo Global Management]] acquired the operations of the Venetian, [[casino:palazzo|Palazzo]], and [[casino:venetian-expo|Venetian Expo]] from Las Vegas Sands for $2.25B; simultaneously, [[operator:vici-properties|VICI Properties]] acquired the underlying real estate for ~$4B. The transaction was Las Vegas Sands' complete exit from the Strip.
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