The Venetian Resort Las Vegas

What The Venetian Resort Las Vegas does

The Venetian Resort Las Vegas is an integrated luxury resort on the Las Vegas Strip operating two flagship properties—The Venetian and The Palazzo—with more than 7,000 suites, a full-service casino, over a dozen dining venues, theaters, the Grand Canal Shoppes retail complex, the Sphere at The Venetian immersive venue, attractions including indoor and outdoor gondola rides, and the Venetian Convention & Expo Center with 655,600 square feet of contiguous expo space plus ballrooms and meeting rooms. Operated by Venetian Las Vegas Gaming, LLC under Nevada law, the resort is privately held after acquisition by Apollo Global Management Inc. funds in 2022 and serves leisure travelers, gaming patrons, corporate convention clients, event-driven travelers tied to the F1 Las Vegas Grand Prix and Sphere residencies, and wedding/celebration parties.

Revenue is generated across seven streams: hotel accommodations (with $55/night resort fee, $20-25/day self-parking, $40/day valet, and $150/night incidental deposits), casino gaming (table games, slots, The Palazzo High-Limit Lounge, poker room, Yahoo Sportsbook), food and beverage, entertainment ticketing (Broadway productions such as Mrs. Doubtfire and The Book of Mormon, Shin Lim, Voltaire residencies), convention and meeting rentals, retail and attractions (Grand Canal Shoppes, gondola rides, Madame Tussauds, weddings), and the Venetian Rewards loyalty program which links to World of Hyatt for point conversion and tier matching. Pricing is daily and unit-based with ancillary fees; group and convention bookings flow through a dedicated sales team and travel-agent commissions, while consumer bookings run through the website, mobile app, and phone reservations.

The underlying technology stack includes Wi-Fi6 meeting and convention network infrastructure, mobile check-in/checkout with digital folio access, digital signage systems, and an early adoption of Medallia's Smart Response AI-powered capability for contact-center guest feedback loops. The go-to-market combines direct-to-consumer booking via the website and Venetian Rewards, event-driven demand generation through the five-year F1 Founding Partner agreement through 2030 and Sphere partnerships, and enterprise field sales through the convention and expo center. Notable commercial alliances include GHOST Energy (official energy drink partner), evian (official still water partner), and American Express as presenting sponsor of the F1 Las Vegas Hub.

Name

The Venetian Resort Las Vegas

Legal name

Venetian Las Vegas Gaming, LLC

Website

https://venetianlasvegas.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Venetian Resort Las Vegas is a privately held, Apollo-owned integrated luxury resort on the Las Vegas Strip operating two hotel towers with 7,000+ suites, a casino, 655,600 sq ft of convention space, dining, entertainment venues, and Sphere, serving leisure travelers, gaming patrons, corporate convention clients, and event-driven guests.

Ownership category

akta.pro rank

Product category

Integrated Luxury Resort Hospitality

NAICS

Casino Hotels (721120), Casino Hotels (72112)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

akta.pro secondary industries

Convention & Events Casino Hotels (THAGAJAK), Integrated Convention & Expo Complex Hotels (THAGALAE), All-Suite & Extended-Stay Casino Hotels (THAGAJAJ), Hotel & Resort Convention Venues (Convention Hotels) (THAHAAAC), Luxury Casino Hotels (THAGAJAI)

Keywords

• Luxury hotel resort
• Integrated casino resort
• Convention meeting space
• Hospitality entertainment venue
• Hotel accommodation services

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Hotel Accommodations: The primary revenue driver is suite/hotel room rentals across The Venetian and The Palazzo towers. With over 7,000 suites, the resort generates revenue from standard rates, premium suites, and group bookings. Revenue is enhanced through resort fees ($55/night), parking fees ($20-25/day self-parking, $40/day valet), and incidental charges including mini-bar, telephone calls, and property damages.
2. Casino Gaming: The resort operates a full-service casino featuring table games, slot machines, high-limit rooms (The Palazzo High-Limit Lounge), poker room, and Yahoo Sportsbook. Revenue is generated through house edge on table games and slot machine hold, complemented by casino credit services and Venetian Rewards points earning on gaming activity.
3. Food and Beverage: The resort operates multiple restaurants across various price points including fine dining establishments, celebrity chef venues, quick-serve options, nightlife venues (TAO Beach, Tao Nightclub, Voltaire), and lounges. Revenue includes cover charges, food and beverage sales, and event bookings at dining venues.
4. Entertainment: The resort generates revenue from show tickets (Broadway shows like Mrs. Doubtfire, The Book of Mormon), theater performances (Shin Lim at The Palazzo Theatre, Venetian Theatre), Sphere at The Venetian experiences, and Voltaire venue events featuring artists like Dita Von Teese, Backstreet Boys, Jimmy Jam & Terry Lewis.
5. Meetings and Conventions: The Venetian Convention & Expo Center generates revenue from renting meeting rooms, expo halls, ballrooms, and unique spaces to corporate groups, associations, and trade show organizers. Revenue includes booth rental, equipment rental (audio-visual, electrical), catering services, and Group Hotel Services for large bookings.
6. Retail and Attractions: Revenue from Grand Canal Shoppes retail tenants, gondola rides, Madame Tussauds wax museum, and the Venetian Floral Shop. The resort also offers wedding and celebration packages with venue rental, floral services, photography, and honeymoon suite accommodations.
7. Venetian Rewards Loyalty Program: The loyalty program drives revenue through increased guest spend and repeat bookings. Members earn Tier Points and Venetian Rewards Points on gaming, hotel stays, and experiential spend. The program monetizes through point redemption for slot credits, free bets, resort comps, and partnerships like World of Hyatt points conversion.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

The Venetian Resort Las Vegas operates a fully integrated luxury resort on the Las Vegas Strip spanning The Venetian and The Palazzo towers with over 7,000 suites, a full-service casino with table games, slots, high-limit lounges, poker, and Yahoo Sportsbook, and the Venetian Convention & Expo Center providing 655,600 square feet of contiguous expo space. The resort also delivers multiple dining venues, theater entertainment, nightclub experiences, gondola rides, Canyon Ranch spa, retail at Grand Canal Shoppes, and wedding and celebration services, all bookable directly through venetianlasvegas.com or via the Venetian Rewards loyalty program.

Product overview

The Venetian Resort Las Vegas is a fully integrated luxury resort offering hotel accommodations, gaming, entertainment, dining, retail, spa, and meeting/convention services across two properties—The Venetian and The Palazzo. The resort features a comprehensive loyalty program (Venetian Rewards), world-class entertainment venues including theaters hosting Broadway shows and the Sphere immersive experience, diverse dining options from celebrity chefs, a full-service casino, Canyon Ranch Spa, gondola rides, and over 7,000 suites. The Venetian Convention & Expo Center provides 655,600+ square feet of meeting and exhibition space. Guests can book stays directly or through the loyalty program, access mobile check-in, and participate in exclusive events like the Formula 1 Las Vegas Grand Prix.

Differentiator

Problem solved

Functional benefit

Brands

• Venetian Rewards: The resort's loyalty program offering tier-based benefits including complimentary services, dining credits, and exclusive experiences for members.

Products and services

• The Venetian Hotel
• The Palazzo Hotel
• Venetian Rewards Loyalty Program
• Casino
• Venetian Convention & Expo Center
• Gondola Rides
• Canyon Ranch Spa & Fitness
• TAO Beach
• Weddings & Celebrations
• F1 Las Vegas Grand Prix Packages
• Wizard of Oz at Sphere Exhibition
• Madame Tussauds Wax Museum
• Dining & Restaurants
• Grand Canal Shoppes

Quantifiable outcome

• Ranked No. 3 in Cvent's 2026 Top Meeting Hotels in North America out of 250 ranked properties
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• GHOST EnergycoreGTM or Marketing Partner · 16 June 2026GHOST® Energy named official energy drink partner of The Venetian Resort Las Vegas, including The Palazzo. The partnership, formalized after nearly two years of collaboration, brings GHOST® Energy products throughout the resort property as part of the brand's expansion into premier hospitality venues. GHOST® CEO Dan Lourenço called the partnership a significant milestone for the brand's growth in top-tier hospitality sectors.
• FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIXflagshipStrategic or Co-development Partner · 13 May 2026The Venetian Resort announced a five-year extension of its Founding Partner agreement with FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX through 2030. The resort offers exclusive race weekend packages, limited-edition Venetian Shoey products, and ultra-premium hospitality offerings including trackside Velocity Club and Paddock Club suites.
• BWT Alpine Formula One TeamcoreGTM or Marketing Partner · 13 May 2026BWT Alpine Formula One Team returns as The Venetian Resort's official home base for the fourth consecutive year during the November 19-21, 2026 F1 race weekend. The partnership includes exclusive hospitality access and race weekend experiences for resort guests.
• evianminorGTM or Marketing Partner · 7 May 2026Evian natural spring water established expanded hospitality presence at The Venetian Resort as part of its 200th anniversary celebration. The brand positions itself as the water of choice across Las Vegas fine dining and entertainment venues, including restaurants featured in The MICHELIN Guide's return to the city.
• The Just One ProjectminorStrategic or Co-development Partner · 27 February 2026The Venetian Resort's Food Rescue Alliance initiative, led by VP of CSR Anna Schmid, has rescued approximately 280,000 meals annually since 2023 through partnership with The Just One Project. The program was recognized by the White House in February 2024 as a national model addressing food insecurity in Nevada.
• American ExpressminorGTM or Marketing Partner · 15 October 2025American Express serves as the presenting sponsor of the F1 Las Vegas Hub at The Venetian Resort, debuting merchandise collections including collaborations with LEGO Group, Hello Kitty, BAPE®, Malbon Golf, and Vegas Golden Knights.
• Sphere Entertainment Co.coreStrategic or Co-development Partner · 2 August 2025Sphere Entertainment Co. and The Venetian Resort announced a new immersive Wizard of Oz exhibition at The Venetian, featuring life-size characters from the film. The partnership builds anticipation for the Sphere attraction and includes hotel packages for The Sphere Experience.
• World of HyattcoreGTM or Marketing Partner · 25 March 2025Venetian Rewards program members can link accounts with World of Hyatt to convert points (2 Venetian Rewards Points = 1 World of Hyatt Bonus Point) and receive tier matching (Diamond = Explorist, Chairman = Globalist). The partnership extends redemption options and status benefits across both loyalty programs.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wynn Las Vegas: Luxury integrated casino resort on the Las Vegas Strip with ~4,700+ rooms, full-service casino, fine dining, and convention facilities. Directly comparable as a premium Strip competitor chasing the same high-end leisure, gaming, and convention demand.
• Bellagio (MGM Resorts): Iconic luxury Strip resort operated by MGM Resorts with ~3,900 rooms, casino, F&B, and entertainment venues. Comparable luxury-tier positioning and integrated offerings serving overlapping leisure, gaming, and group segments.
• Caesars Palace: Large Strip integrated casino resort with thousands of rooms, full gaming operations, multiple entertainment venues, and convention space. Closely comparable scale and product mix targeting both leisure and convention demand.
• The Cosmopolitan of Las Vegas: Boutique luxury integrated resort on the Strip with casino, dining, and entertainment. Comparable upper-tier positioning targeting similar millennial and affluent leisure/gaming guests.
• Resorts World Las Vegas: Newer Strip integrated resort (~3,500 rooms) with casino, F&B, entertainment, and convention space opened in 2021. Direct competitor for next-generation integrated-resort demand and group business.
• ARIA Resort & Casino (MGM Resorts): Modern Strip integrated casino resort with ~4,000 rooms, large convention facilities, and tech-forward amenities. Comparable as a premium integrated property competing for the same corporate meetings and luxury leisure segments.

Emerging players

• Fontainebleau Las Vegas: Newly opened ultra-luxury Strip resort (~3,600 rooms) entering the integrated-resort market in 2023. Comparable as a newer luxury competitor targeting similar high-end leisure, F&B, and group demand.

Broad incumbents

• Encore Boston Harbor (Wynn Resorts): Wynn-operated luxury integrated resort (~671 rooms, smaller scale) outside Boston. Comparable integrated-resort operating model with gaming, F&B, and entertainment but on a different geographic and scale axis.
• Marina Bay Sands: Iconic integrated resort in Singapore (~2,500 rooms) with casino, convention facilities, and entertainment. Comparable as a marquee integrated-resort operator with global destination appeal and convention-driven business model.
• Atlantis Paradise Island: Large integrated destination resort in the Bahamas with casino, lodging, entertainment, and convention facilities. Comparable integrated-resort product mix targeting leisure and group demand outside Las Vegas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/VenetianVegas
• Facebookfacebook.com/VenetianLasVegas
• LinkedInlinkedin.com/company/the-venetian

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Venetian Resort Las Vegas