365NEWSX
365NEWSX
Subscribe

Welcome

GOP mega-donor Sheldon Adelson considers selling his Las Vegas Sands casinos - CNN

GOP mega-donor Sheldon Adelson considers selling his Las Vegas Sands casinos - CNN

GOP mega-donor Sheldon Adelson considers selling his Las Vegas Sands casinos - CNN
Oct 27, 2020 26 secs

Adelson said that the "recovery process from the Covid-19 pandemic continues to progress in each of our markets."

Las Vegas has reopened, but with few conventions, total visitor volume has dropped nearly 60% in August compared to the same month a year ago, according to the city's tourism department.

In August, MGM Resorts (MGM) laid off roughly a quarter of its workforce amounting to 18,000 employees.

Last year, it offloaded a few properties, including Circus Circus and Bellagio, to private-equity firm in a lease buyback deal valued at about $5 billion.

Summarized by 365NEWSX ROBOTS

RECENT NEWS

SUBSCRIBE

Get monthly updates and free resources.

CONNECT WITH US

© Copyright 2024 365NEWSX - All RIGHTS RESERVED