If talks continue to progress into a deal, Las Vegas Sand Corp. may not have any casinos in the city from which its name is derived.

City Of Sin Casino And Lounge

According to a report from Bloomberg, the Sheldon Adelson-owned company is in talks to sell its Las Vegas casinos, Venetian and Palazzo, as well as the Sands Expo Convention Center. If sold, the price tag is expected to be in excess of $6 billion.

Play exciting casino games without losing your money but have the feeling of being in the heart of the Sin City. We have your favorite casino games: Jacks or Better Poker, Black Jack, Slot Machine and Lucky Wheel. Download and try your luck or try your skill playing our casino games. Sin City Casino is a stylish online casino with a distinctive classic Vegas look and theme. The casino is powered entirely by the Oryx Gaming platform, which features games that aren't commonly found elsewhere, as well nine other software providers catering over 1000 casino games in total. Buy Sin City at Planet Hollywood Resort & Casino tickets at Ticketmaster.com. Find Sin City at Planet Hollywood Resort & Casino venue concert and event schedules. VEGAS COMES TO LIFE AT NIGHT! Relive those memorable simmering nights spent in the City of Sin with SIN CITY NIGHTS! The big bright lights of Las Vegas are brought to you under a pure funk soundtrack in this explosive cascading reels 3D video slot. Sin City Casino, which is owned by the Entertainment Art B.V, is fully licensed under Curacao Gambling commission in the Netherlands. The casino is powered entirely by the Oryx gaming platform – a company that is based in the United States and offers an ‘all in one’ package.

Las Vegas Sands is working with an advisor to generate interest for the properties. A representative from the company confirmed that Las Vegas Sands was in talks to sell, but that nothing was even remotely close to finalized.

If a sale were to go through, it would mean that Las Vegas Sands is no longer exposed to the U.S. gambling market and would focus its resources entirely on its Asian business ventures. Outside of Las Vegas, it has casinos in Singapore and Macau. The company sold its long Pennsylvania casino, Sands Bethlehem, in May 2019 to the Poarch Band of Creek Indians.

In 2019, the U.S. market made up just 15 percent of the company’s revenue. It’s likely to be even less than that in 2020 as it’s the first full year without revenue coming from Pennsylvania and as the Las Vegas Strip was shut down for nearly three months and is struggling to return to pre-coronavirus levels of revenue.

By comparison, Macau alone made up 63 percent of the company’s revenue in 2019. In the second quarter of 2020, the company reported a nearly $1 billion loss.

Bloomberg speculates that the money generated from a Las Vegas sale could allow the company to build casinos elsewhere, citing Adelson’s desire to construct a New York City casino, as well as bailing on his plans to build a casino in Japan earlier this year.

Sin City Casino