The Ownership of the Venetian Hotel: A Comprehensive Overview
The Venetian Hotel in Las Vegas, conceived by Sheldon Adelson, opened in 1999 after the Sands Hotel's demolition. Initially owned by Las Vegas Sands Corp, it was sold in 2021 to Apollo Global Management and VICI Properties for $6.25 billion. The resort boosts the local economy with 8,000+ jobs and $100M+ in tax revenue.