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


RTTNews | Oct 26, 2020 11:25PM EDT

23:24 Monday, October 26, 2020 (RTTNews.com) - 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.

Read the original article on RTTNews ( https://www.rttnews.com/3139304/las-vegas-sands-reportedly-considers-sale-of-casinos-in-las-vegas.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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