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Las Vegas St. Regis Residences by Sands Corp stops condo construction and some real estate expansion in China.  The $1.8 billion in capital expenses reduction is a necessity or some of the gaming operator’s loans could be in default and end up in bankruptcy.

Continue reading Las Vegas St. Regis Residences By Sands Corp Stops Condo Construction

St Regis Residences at the Venetian Palazzo Las Vegas is expected to open the luxury high rise condos in 2010.  The St. Regis brand, from Starwood Hotels & Resorts Worldwide, will operate the project.

Las Vegas Sands Corp. has announced the joint venture with Starwood for the $600 million luxury condos on the Strip.  The entire real estate development will include 398 upscale residences in a 632 foot tower between the Palazzo hotel and The Venetian.

Continue reading St Regis Residences At The Venetian Palazzo Las Vegas Opens In 2010

Guggenheim Hermitage Museum closes its doors today at the Venetian Las Vegas, NV hotel. Closing after seven years of showcasing world class artists from the 1870s through the 20th century’s first several decades. For almost a year an exhibition of 37 masterpieces, the Modern Master Guggenheim Collection from New York’s Guggenheim Museum, has been on exhibit.

Continue reading Guggenheim Hermitage Museum Closes Doors Today At Venetian Las Vegas

Chinese officials stopped casino license approval in The Enclave of Macau. For the first quarter of this year Macau has $3.8 billion in gaming revenue compared to $1.2 billion from gamblers in Las Vegas, Nevada real estate. Last year Macau took $10.3 billion from gamblers.

Interesting Macau would do such a move based on their current revenue compared to Las Vegas gaming revenue.

Continue reading Chinese Officials Stops Casino License Approval In The Macau Enclave

Las Vegas Sands Corp. plans new 1.2 million square feet convention center by 2010. The Sands Expo and Convention complex is poised for a complete replacement for an estimated total of $680 million. Since Las Vegas real estate is a leading destination for convention planners and some of the largest conventions in the country including consumer electronics, footwear and home furnishings, the 18 year old location needs the expanded and superior facilities to host the increased conventions, 45 of the top 200 America’s top trade shows in Las Vegas, NV.

Continue reading Las Vegas Sands Corp Plans 1.2 Million Square Feet Convention Center

Las Vegas Sands Corp. $2.4 billion Venetian Macau resort grand opening. The opening of this resort will more than double the hotel and casino capacity in China.

The expected result for building the Venetian is to change the travel from a day trip destination to a long term stay for all of Asia to experience.

Continue reading Las Vegas Sands Corp $2.4 Billion Venetian Macau Grand Opening Day