George Markantonis has spent seven years as the top executive overseeing the day-to-day operations of The Venetian, Palazzo and Venetian Expo Center.
That role didn’t change following Wednesday afternoon’s closing of the $6.25 billion sale of the Strip resort complex by Las Vegas Sands to private equity firm Apollo Global Management and real estate investment trust VICI Properties.
Markantonis continues in his position as chief executive of the new operating company. The property’s executive leadership team will also remain on board. He said the “institutional knowledge and capabilities” of both the management team and the 8,000-person workforce means the strategies and direction for the property will continue.