Las Vegas Sands, which operates integrated resort facilities such as casinos in the United States and Asia, will sell facilities in Las Vegas, USA and focus on business in Asia while sales are declining due to the spread of the new coronavirus infection. Revealed.
According to a statement released by Las Vegas Sands on the 3rd, it has agreed to sell an integrated resort in central Las Vegas to investment companies in the United States for $ 6.25 billion and JPY 668 billion. ..
Known as the "Venetian," the facility has been visited by many tourists and business travelers as one of the symbols of Las Vegas, with its casino, hotel and large conference hall.
However, the business environment deteriorated as the casino was forced to temporarily close due to the spread of the new coronavirus infection, and the company posted a final deficit of more than 180 billion yen last year.
The statement states that "Asia is the backbone of our company" and that we will focus on managing casinos in Singapore and Macau in the future.
"Las Vegas Sands" was once eager to expand into Japan, but last year announced that it would give up its entry, saying that it would "focus on growth opportunities outside Japan."