⁍ The properties included in the potential sale are Sands Expo Convention Center, the Venetian Resort Las Vegas and the Palazzo.

---

⁍ In May, Sands ended plans to open an integrated resort (IR) casino in Japan without providing a reason for the cancellation of the project.

---

– The owner of the Venetian and Sands Expo casinos in Las Vegas is looking to unload the properties in a $6 billion deal, sources tell Reuters. The properties include the Venetian Resort Las Vegas and the Palazzo, the Sands Expo Convention Center, and the Sands Casino Hotel on the Las Vegas Strip. Las Vegas Sands, which has $13.82 billion in debt, is working with an adviser to solicit interest from potential suitors, Bloomberg reports. In May, the company ended plans to open an integrated resort in Japan without providing a reason for the cancellation. The gambling industry, which thrives on air travel and large groups of people in close proximity, is one of the hardest hit industries amid the ongoing coronavirus pandemic. As of June 30, the company had $13.82 billion total outstanding debt, excluding finance leases. Chairman and CEO of the group, Sheldon Adelson, said in the second quarter that a “recovery process from the COVID-19 pandemic in each of our markets is now under way.”