![]() ![]() The companies sold their remaining interest in Caesars in 2019, two years after Caesars’ main operating unit emerged from bankruptcy in 2017. ![]() The company acquired Caesars Entertainment, then called Harrah’s, with private equity firm TPG Capital in 2008 and then invested $2.4 billion in Caesars’ Las Vegas business. It now owns all of the real estate assets, while Apollo operates the properties.Īpollo is no stranger to the gaming industry. New York-based Vici, a real estate investment trust affiliated with Caesars Entertainment Inc., paid $4 billion for the transaction. Under the agreement, Apollo paid a total of $2.25 billion. first announced the $6.4 billion deal in March 2021. It also focuses on other investments in the US with prospects in Texas, Florida and New York.Īpollo, Sands and Vici Properties Inc. Las Vegas Sands is still headquartered in Las Vegas but is focused on investing in Macau, where it is the market leader, and Singapore. ![]()
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