The Venetian Macao (Chinese: 澳門威尼斯人) is a hotel and casino resort in Macau, China owned by the American Las Vegas Sands company.
The 39-story[1] structure on Macau's Cotai Strip has 10,500,000-square-foot (980,000 m2) of floor space, and is modeled on its sister casino resort The Venetian Las Vegas.
[4]: 43 It is used for hosting large indoor functions such as sporting events like basketball, tennis, and boxing, as well as concerts and international televised awards shows.
The next day, Sands' president for Asia announced that up to 11,000 workers would be losing their jobs as the company was halting building projects in Macau.
[8] In early 2011 the United States Department of Justice and the U.S. Securities and Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.