Mr. Adelson, all due respect, but now may not be the best time to rock the boat.<\/figcaption><\/figure>\nIt doesn’t take Sheldon Adelson’s keen foresight to see the convention business in Las Vegas isn’t coming back full force anytime soon, and that has been the bread and butter for Las Vegas Sands.<\/p>\n
Las Vegas doesn’t really work without conventions, and things have been looking undeniably bleak due to the pandemic.<\/p>\n
Adelson’s U.S. business only accounts for 15 percent of the company’s total revenue, so a sale won’t really move the needle for the bajillionaire one way or the other.<\/p>\n
A sale could move the needle for fans of Venetian and Palazzo, however.<\/p>\n
These hotels are reliably ranked two of the best in Las Vegas, and a change of ownership could mean a giant question mark for visitors.<\/p>\n
Also a question mark is what happens to the MSG Sphere if Las Vegas Sands sells its casino and convention center.<\/p>\nLas Vegas Sands donated land for this new entertainment venue. So many questions.<\/figcaption><\/figure>\nAnother aspect of a potential sale: Sheldon Adelson owns the Las Vegas Review-Journal. If he sells off his other business interests in Las Vegas, does he need to own a newspaper? Yes, there are still newspapers! Don’t be a smartass.<\/p>\n
Another juicy question: If Sheldon Adelson sells off Venetian and Palazzo, what happens to his 12-plane whale delivery system and terminal at McCarran airport?<\/p>\n
Bloomberg says the discussions of a sale are “very early” and the deal has not been finalized.<\/p>\n
We’re actually a little unclear who might be in a position to buy these casinos at the moment.<\/p>\n
While we love the drama of a casino sale (or two), we’re sort of secretly hoping Sheldon Adelson keeps “exploring” well into 2021 or beyond.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Just when you thought 2020 couldn’t possibly be jam-packed with any more WTF, Las Vegas Sands—owner of Venetian, Palazzo and the Sands Expo Convention Center—is reportedly exploring a sale of these beloved fixtures on the Las Vegas Strip. Deep breaths. According to Bloomberg, Las Vegas Sands owner Sheldon Adelson is focusing on his true moneymaker, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23,2],"tags":[],"acf":[],"yoast_head":"\n
Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n","yoast_head_json":{"title":"Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale","description":"Las Vegas Sands is reportedly exploring a sale of Venetian, Palazzo and the Sands Expo Convention Center. Deep breaths.","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\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/","og_locale":"en_US","og_type":"article","og_title":"Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale","og_description":"Las Vegas Sands is reportedly exploring a sale of Venetian, Palazzo and the Sands Expo Convention Center. Deep breaths.","og_url":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/","og_site_name":"Vital Vegas","article_publisher":"https:\/\/www.facebook.com\/VitalLasVegas","article_published_time":"2020-10-27T03:28:04+00:00","article_modified_time":"2020-10-28T00:49:42+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2018\/07\/gondola_venetian1.jpg","type":"image\/jpeg"}],"author":"Scott Roeben","twitter_card":"summary_large_image","twitter_creator":"@vitalvegas","twitter_site":"@vitalvegas","twitter_misc":{"Written by":"Scott Roeben","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#article","isPartOf":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/"},"author":{"name":"Scott Roeben","@id":"https:\/\/www.casino.org\/vitalvegas\/#\/schema\/person\/c4d18a46e6ee47e7841b986c288f333e"},"headline":"Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale","datePublished":"2020-10-27T03:28:04+00:00","dateModified":"2020-10-28T00:49:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/"},"wordCount":520,"commentCount":23,"publisher":{"@id":"https:\/\/www.casino.org\/vitalvegas\/#organization"},"image":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2013\/08\/venetian_palazzo.jpg","articleSection":["Las Vegas","Las Vegas Hotels"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/","url":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/","name":"Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale","isPartOf":{"@id":"https:\/\/www.casino.org\/vitalvegas\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2013\/08\/venetian_palazzo.jpg","datePublished":"2020-10-27T03:28:04+00:00","dateModified":"2020-10-28T00:49:42+00:00","description":"Las Vegas Sands is reportedly exploring a sale of Venetian, Palazzo and the Sands Expo Convention Center. Deep breaths.","breadcrumb":{"@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#primaryimage","url":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2013\/08\/venetian_palazzo.jpg","contentUrl":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2013\/08\/venetian_palazzo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/vitalvegas\/venetian-palazzo-and-sands-expo-convention-center-reportedly-up-for-sale\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.casino.org\/vitalvegas\/"},{"@type":"ListItem","position":2,"name":"Las Vegas Hotels","item":"https:\/\/www.casino.org\/vitalvegas\/lasvegashotels\/"},{"@type":"ListItem","position":3,"name":"Venetian, Palazzo and Sands Expo Convention Center Reportedly Up for Sale"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/vitalvegas\/#website","url":"https:\/\/www.casino.org\/vitalvegas\/","name":"Vital Vegas","description":"Essential Las Vegas News, Tips, Deals and WTF.","publisher":{"@id":"https:\/\/www.casino.org\/vitalvegas\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/vitalvegas\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.casino.org\/vitalvegas\/#organization","name":"Vital Vegas","url":"https:\/\/www.casino.org\/vitalvegas\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/vitalvegas\/#\/schema\/logo\/image\/","url":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2016\/10\/vital_vegas_logo.jpg","contentUrl":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2016\/10\/vital_vegas_logo.jpg","width":800,"height":533,"caption":"Vital Vegas"},"image":{"@id":"https:\/\/www.casino.org\/vitalvegas\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/VitalLasVegas","https:\/\/x.com\/vitalvegas"]},{"@type":"Person","@id":"https:\/\/www.casino.org\/vitalvegas\/#\/schema\/person\/c4d18a46e6ee47e7841b986c288f333e","name":"Scott Roeben","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/vitalvegas\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2021\/07\/author-logo-lg-96x96.png","contentUrl":"https:\/\/www.casino.org\/vitalvegas\/wp-content\/uploads\/2021\/07\/author-logo-lg-96x96.png","caption":"Scott Roeben"}}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/posts\/25123"}],"collection":[{"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/comments?post=25123"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/posts\/25123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/media?parent=25123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/categories?post=25123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/vitalvegas\/wp-json\/wp\/v2\/tags?post=25123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}