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The Palazzo / p ə ˈ l ɑː t s oʊ / (also called The Palazzo at The Venetian [1]) is a luxury hotel and casino resort located on the Las Vegas Strip in Paradise, Nevada.The Palazzo is part of a larger complex (operated as one hotel) comprising the adjoining Venetian resort and Venetian Expo, all of which are owned by Vici Properties and operated by Apollo Global Management.
[60] [61] That year, the Las Vegas location also added a sister property, The Palazzo. [62] In 2020, readers of USA Today ranked the Venetian and Palazzo among the 10 best casinos in Las Vegas. [63] In 2004, the Venetian agreed to pay a $1 million penalty to settle a 12-count Gaming Control Board complaint.
The Venetian Expo (also known as the Venetian Convention and Expo Center) [1] is a convention center located in Paradise, Nevada, near the Las Vegas Strip. [2] It is part of the Venetian and Palazzo resort complex, owned by Vici Properties and operated by Apollo Global Management.
[6] [7] The sale helped Las Vegas Sands to finance construction of The Palazzo, a sister resort to the Venetian. [8] [9] GGP agreed to pay an additional $600 million for future retail space in the Palazzo. [10] The Shoppes at the Palazzo opened on January 18, 2008, though with less tenants than expected, [11] due to construction delays. [12]
In 2004, Las Vegas Sands, Inc. went public, [4] and its name was changed to the Las Vegas Sands Corp. Construction on The Palazzo began in 2005. The Palazzo and The Venetian make up the world's largest hotel under one roof, at 7,000 all-suite rooms and 17 million square feet. [ 7 ]
The city of Las Vegas, Nevada and its surrounding unincorporated communities in the Las Vegas Valley are the sites of more than 160 high-rises, [1] 42 of which stand taller than 400 feet (122 m). The tallest structure in the city is the Strat tower, which rises 1,149 feet (350 m) just north of the Las Vegas Strip . [ 2 ]