Markets
LVS

Las Vegas Sands Reportedly Considers Sale Of Casinos In Las Vegas

(RTTNews) - Las Vegas Sands Corp. (LVS) is considering a sale of its casinos in Las Vegas, according to the reports.

The company is in early discussions and no final decision has been made, the reports quoted the company's spokesman as saying.

Earlier today, Bloomberg reported that the company is working with an adviser to solicit interest for the Venetian Resort Las Vegas, the Palazzo and the Sands Expo Convention Center, which together may fetch $6 billion or more.

The proceed from a sale could allow the company to fund other development opportunities, the report said.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

LVS

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More