Sands Reaches Agreement to sell Las Vegas Properties for $6.25 billion

[charlie50]

I don't think so..Apollo were part of the ones who Bought Harrah's 20 years or so ago, they may have still owned a portion after the Bankruptcy when Eldorado then bought them. Vici is a spin off of Harrahs that was done to protect the company during the Bankruptcy, they own a lot of the Harrahs properties and other Casino's properties, but they do not operate any of them as they are a REIT and lease them back to the companies under long term agreements....Since I assume Apollo was the one who really made Vici in the 1st place to protect as much as they could they probably have some control of it. I find it odd that Vici can own properties of multiple operators but that must be handled in the lease somehow. The old president of Las Vegas Sands thinks that this is the 1st step in Apollo getting back in and that you could see them buy more.

man talk about a game of monopoly . with some big pieces on the board