Las Vegas Advisor: New owners in place at Las Vegas Strip casinos

The $6.25 billion sale of the Venetian and Palazzo by Las Vegas Sands Corp. to Apollo Global Management and VICI Properties has been concluded.

This marks the end of Sands’ presence in Las Vegas, at least for now. The company is focusing its attention on its resorts in Macau, Singapore and Pennsylvania, while targeting other jurisdictions in the United States.

Not much is expected to change in the short term at The Venetian/Palazzo, as nearly all current employees are retained.

Only adults: Downtown El Cortez is adults only. From April 1, no one under the age of 21 will be allowed to enter the casino or stay at the hotel. Eventually, identity checks will be carried out at the entrances to the casino. The El Cortez becomes only the third Las Vegas casino to adopt the over-21 policy, joining Circa and the Cromwell.

Fremont Upgrade:
Also downtown, Boyd Gaming announces that it will invest $50 million to upgrade the 66-year-old Fremont. The main change will be an expansion of the casino, in part incorporating the old buffet area and closed keno lounge. Times were not disclosed.

Bellagio Display: The Bellagio Conservatory and Botanical Garden’s Spring Exhibit is themed for various forms of flight. It includes butterflies, hummingbirds, jumping frogs, hot air balloons and a vintage airship, as well as the largest variety of flowers and plants ever used in a Bellagio exhibit. The spring display will remain in place until May 14 and is free to view.

Question: Which team is the betting favorite on March Madness?

To respond: Gonzaga is the favorite to win the NCAA basketball championship at +300, followed by Arizona (+650) and Kentucky (+700). The longs, which may have been eliminated by the time you read this, are Texas Southern, Texas A&M Corpus Christi, and Wright St., all at +300,000 (3,000-1).

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