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Las Vegas Sands Corp. In Early Talks To Sell Las Vegas Casinos

Las Vegas Sands Corporation is in the early stages of a discussion to sell its Las Vegas properties, the Las Vegas Review-Journal reports.

The company is looking to sell its Las Vegas assets for $6 billion.

Las Vegas Sands operates the Venetian, the Palazzo and the Sands Expo and Convention Center. It are also working with Madison Square Garden on the MSG Sphere entertainment project.

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The company’s most lucrative properties are in Asia, with hotel-casinos in Singapore and Macao, which are expected to have a quicker return to profitability after the coronavirus pandemic.