Addendum to Goldman Sachs Leveraged Finance Conference Held At The Venetian.Business Editors & Travel Writers LAS VEGAS--(BUSINESS WIRE)--Sept. 19, 2000 As an addendum addendum n. an addition to a completed written document. Most commonly this is a proposed change or explanation (such as a list of goods to be included) in a contract, or some point that has been subject of negotiation after the contract was originally proposed by to the financial press release issued by The Venetian Resort-Hotel-Casino earlier today, certain additional information was disclosed during a financial presentation to Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. & Co.'s 2000 Leveraged Finance Conference held today at The Venetian in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . William P. Weidner, president of Las Vegas Sands Las Vegas Sands Corp. (NYSE: LVS) is a casino resort company based in Las Vegas, Nevada and majority owned by one of the world's richest men, Sheldon Adelson. Las Vegas Sands chairman Sheldon Adelson, the world's sixth richest man, has said that his company will soon be Inc., the parent company of The Venetian, was joined by Thomas Krens, director of the Solomon R. Guggenheim Foundation The Solomon R. Guggenheim Foundation is a nonprofit corporation founded in 1937 by philanthropist Solomon R. Guggenheim and artist Hilla von Rebay. Its primary accomplishment has been the construction of a number of international museums:
"The partnership between the prestigious Guggenheim and Hermitage Museums further solidifies our effort to create an upscale positioning in the marketplace and enhances our business strategy to build a distinctive destination resort within a destination city," said Weidner while presenting to the "2000 Leveraged Finance Conference" sponsored by Goldman Sachs & Co. Krens confirmed that The Venetian, Guggenheim and Hermitage Museums are creating an alliance to develop unique museum and exhibition spaces to display fine and popular art at The Venetian. In addition, Mr. Weidner disclosed that The Venetian is currently averaging $150 per slot win per unit per day for the month of September. Mr. Weidner also stated that as a result of strong room demand at The Venetian, the company is in the preliminary stages of evaluating the possibility of constructing approximately 1,000 additional guest rooms on the top of its existing parking garage. The Venetian boasts the world's largest hotel and convention complex which includes 3,036 hotel suites, the first all-suites hotel on Las Vegas Boulevard; approximately 120,000 square feet of gaming floor; approximately 500,000 square feet of retail space at The Grand Canal Shoppes The Grand Canal Shoppes is a 500,000 sq ft shopping mall adjacent to The Venetian Hotel & Casino on the Las Vegas Strip in Paradise, Nevada. The mall was opened along with the Venetian in 1999. ; approximately 500,000 square feet of meeting space at The Venetian Congress Center; and a direct link to the approximately 1.2 million square foot Sands Expo The Sands Expo and Convention Center, at 1.2 million square feet (110,000 m²), is the second largest convention center in the Las Vegas, Nevada area. It opened in 1990 across the street from the original Sands Hotel. and Convention Center. Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including general economic conditions, acts of god, and competition for construction, hotel, casino, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , and other matters. Reference is hereby made to the "Risk Factors" set forth in the company's Form S-4 filed with the Securities and Exchange Commission. |
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