{"id":216691,"date":"2022-06-09T21:15:33","date_gmt":"2022-06-10T04:15:33","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=216691"},"modified":"2022-06-10T09:59:16","modified_gmt":"2022-06-10T16:59:16","slug":"the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/","title":{"rendered":"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO"},"content":{"rendered":"

A familiar face is returning to The Venetian to run the resort and convention center on the Las Vegas Strip.<\/p>\n

\"The
An aerial view of The Venetian Resort on the Las Vegas Strip. On Thursday, the casino announced Patrick Nichols would become its president and CEO, effective Aug. 1. (Image: The Venetian)<\/figcaption><\/figure>\n

Late Thursday, The Venetian announced that George Markantonis would step down as its president and CEO on Aug. 1. At that time, Patrick Nichols would step into those roles.<\/p>\n

\n

According to his LinkedIn bio, Nichols started his career with The Venetian 14 years ago as a financial analyst. Most recently, he served as the general manager and chief strategy officer for The Cosmopolitan. The Cosmopolitan became an MGM Resorts International property last month. That’s when it closed on the $1.6 billion purchase<\/a> of the Strip resort from investment firm Blackstone.<\/p>\n<\/div>\n

The Las Vegas Review-Journal<\/i> reported Nichols\u2019 departure from The Cosmopolitan in late May.<\/p>\n

The management switch at The Venetian comes four months after Apollo Global Management<\/a> closed on its $2.25 billion acquisition of the property from Las Vegas Sands Corp. (LVS)<\/p>\n

About Patrick Nichols<\/h2>\n

In a statement, Nichols said he was excited to move a mile north on the Strip and return to The Venetian. He will be in charge of The Venetian Resort, which, including The Palazzo, is the second-largest hotel in the world with 7,092 rooms, and The Venetian Expo and Convention Center, a 2.25 million conference center.<\/p>\n

\n

Under George\u2019s leadership, The Venetian has become one of the premier resorts across hospitality, meetings, and events, gaming, and entertainment \u2013 not only in Las Vegas, but across the country,\u201d<\/strong> he said.<\/p>\n<\/blockquote>\n

Nichols is a graduate of Cornell University. After starting as a financial analyst for The Venetian in July 2008, he became the financial planning and analysis manager for Marina Bay Sands in October 2009. Marina Bay is the LVS-owned integrated resort in Singapore.<\/p>\n

A year later, he moved to The Cosmopolitan, starting as director of strategic planning and moving up the ranks. He became a vice president at the casino resort in May 2014, and the chief strategy officer in April 2018. Nichols added the GM role to his title two years ago.<\/p>\n

Markantonis Staying On<\/h2>\n

As The Venetian\u2019s CEO under LVS ownership, Markantonis led the resort for five record-breaking years before the COVID-19 pandemic. The recovery has also been strong, with Markantonis noting May was the best month in its 23-year history.<\/p>\n

Apollo Partner and Co-Head of Private Equity David Sambur thanked Markantonis for his leadership over the past seven years.<\/p>\n

\n

As we continue to solidify The Venetian\u2019s position as a premier destination on the Las Vegas Strip, we are confident that Patrick\u2019s significant experience in operating and expanding entertainment, hospitality and group events businesses will continue to build on the solid foundation created under George\u2019s leadership and capably carried on by this industry leading team,\u201d<\/strong> Sambur said.<\/p>\n<\/blockquote>\n

Apollo Partner Daniel Cohen added that the company sees \u201ca number of exciting opportunities in the market.\u201d<\/p>\n

Markantonis isn\u2019t leaving immediately. After the switchover occurs in August, he will become a special advisor to The Venetian\u2019s Board of Directors.<\/p>\n

\u201cOur Team Members have established The Venetian as a permanent fixture on the Strip, and a destination of choice for our guests, and I am incredibly proud to have led such a talented organization over the last seven years,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

A familiar face is returning to The Venetian to run the resort and convention center on the Las Vegas Strip. Late Thursday, The Venetian announced that George Markantonis would step down as its president and CEO on Aug. 1. At that time, Patrick Nichols would step into those roles. According to his LinkedIn bio, Nichols […]<\/p>\n","protected":false},"author":45,"featured_media":216692,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33810,81886],"tags":[],"acf":[],"yoast_head":"\nThe Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO<\/title>\n<meta name=\"description\" content=\"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO\" \/>\n<meta property=\"og:description\" content=\"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-10T04:15:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-10T16:59:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1608\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Bittenbender\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Bittenbender\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/\",\"url\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/\",\"name\":\"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg\",\"datePublished\":\"2022-06-10T04:15:33+00:00\",\"dateModified\":\"2022-06-10T16:59:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\"},\"description\":\"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg\",\"width\":1608,\"height\":800,\"caption\":\"An aerial view of The Venetian Resort on the Las Vegas Strip. On Thursday, the casino announced Patrick Nichols would become its president and CEO, effective Aug. 1. (Image: The Venetian)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gaming Business\",\"item\":\"https:\/\/www.casino.org\/news\/gaming-business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\",\"name\":\"Steve Bittenbender\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png\",\"caption\":\"Steve Bittenbender\"},\"description\":\"Steve Bittenbender covers Midwest and Gulport news for Casino.org. He also specializes in sports betting and horse racing. Steve is a veteran reporter and brings more than two decades of experience covering sports, business and politics. He joined Casino.org in 2019. Steve has also covered major collegiate and professional sports for the Associated Press and the Louisville Courier-Journal and is frequently featured on local network TV newscasts and podcasts for his horse racing business and legislative expertise. A Reuters contributor, he has also previously served as editor for Government Security News. Steve lives in Louisville, Kentucky -- the epicenter of the US horse racing industry -- with his wife and son. He is also an avid poker player, having learned from his uncle as a wholesome after-school pastime with cookies and milk. Contact Steve at stevebittenbender@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/steve-bittenbender\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO","description":"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/","og_locale":"en_US","og_type":"article","og_title":"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO","og_description":"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.","og_url":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-06-10T04:15:33+00:00","article_modified_time":"2022-06-10T16:59:16+00:00","og_image":[{"width":1608,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg","type":"image\/jpeg"}],"author":"Steve Bittenbender","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Steve Bittenbender","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/","url":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/","name":"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg","datePublished":"2022-06-10T04:15:33+00:00","dateModified":"2022-06-10T16:59:16+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2"},"description":"Patrick Nichols, the former general manager for The Cosmopolitan, started his gaming industry career at The Venetian 14 years ago.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/hero-1_2000x812-e1654879153816.jpeg","width":1608,"height":800,"caption":"An aerial view of The Venetian Resort on the Las Vegas Strip. On Thursday, the casino announced Patrick Nichols would become its president and CEO, effective Aug. 1. (Image: The Venetian)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/the-venetian-picks-ex-cosmopolitan-gm-patrick-nichols-as-next-ceo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Gaming Business","item":"https:\/\/www.casino.org\/news\/gaming-business\/"},{"@type":"ListItem","position":3,"name":"The Venetian Picks Ex-Cosmopolitan GM Patrick Nichols as Next CEO"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2","name":"Steve Bittenbender","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-7-1-96x96.png","caption":"Steve Bittenbender"},"description":"Steve Bittenbender covers Midwest and Gulport news for Casino.org. He also specializes in sports betting and horse racing. Steve is a veteran reporter and brings more than two decades of experience covering sports, business and politics. He joined Casino.org in 2019. Steve has also covered major collegiate and professional sports for the Associated Press and the Louisville Courier-Journal and is frequently featured on local network TV newscasts and podcasts for his horse racing business and legislative expertise. A Reuters contributor, he has also previously served as editor for Government Security News. Steve lives in Louisville, Kentucky -- the epicenter of the US horse racing industry -- with his wife and son. He is also an avid poker player, having learned from his uncle as a wholesome after-school pastime with cookies and milk. Contact Steve at stevebittenbender@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/steve-bittenbender\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/216691"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=216691"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/216691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/216692"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=216691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=216691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=216691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}