![]() Apollo is paying $2.25 billion for the operations, while real estate investment trust VICI Properties is paying $4 billion for the 63-acre site and an additional 19 adjacent acres off Koval Drive where the $1.8 billion MSG Sphere is under construction. ![]() ![]() Ultimately, the Nevada Gaming Commission voted 4-0 to approve Apollo as the operator of the Venetian, Palazzo and Venetian Expo. He brought up the so-called “elephant in the room” 20 minutes into the conversation during a hearing Thursday in which the New York City-based private equity firm sought regulatory approval for its part in the $6.25 billion acquisition of the Strip properties owned by Las Vegas Sands Corp.īlack stepped down from Apollo last March after published reports surfaced detailing his connections and alleged payments to disgraced financier and convicted sex offender Jeffrey Epstein. Apollo Global Management partner David Sambur didn’t wait for Nevada gaming commissioners to ask about the company’s relationship with controversial founder Leon Black.
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