Wynn Resorts and Galaxy Entertainment Group, was one of the first to be granted a casino operating concession. The Sands Macao resort, Macau's first American-operated casino, opened in 2004. Las Vegas Sands Corporation's future Macau properties were largely in Cotai, a district of reclaimed land created through public works projects and designated for hotels and casinos. The Venetian Macao, the second-largest in the world at 550,000 square feet, opened in 2007. In 2008, Las Vegas Sands opened a Four Seasons hotel next to the Venetian Macao. It was followed by The Londoner Macao, originally branded Sands Cotai Central, and The Parisian Macao. Development plans proceeded in 2010 for Marina Bay Sands resort in Singapore, at $5.6 billion the most expensive hotel and casino ever built. The resort was designed by Israeli-Canadian architect Moshe Safdie and is composed of three 57-story towers connected at the top by a 3-acre Skypark. The integrated resort was the second built in Singapore after Resorts World Sentosa. Eight months after opening, Marina Bay Sands set a record for posting a $600 million operating profit. Recent history In September 2012, the Las Vegas Sands Corporation announced that Madrid had been chosen as destination for a casino resort project dubbed EuroVegas. In February 2013, the Corporation named the town of Alcorcón, on the outskirts of Madrid, as the site for the EuroVegas project. Plans included six casinos, twelve hotels, a convention center, three golf courses, shopping centers, bars, and restaurants, and was expected to take 10 years to build. In December 2013 the EuroVegas project was officially canceled. In 2015, the Las Vegas Sands Corporation and California-based co-developer California-based Majestic Realty Co. proposed a $1.2 billion 65,000-seat stadium located near UNLV for the Oakland Raiders football team. The proposal required $420 million from private investors and $780 million in public funding, primarily from tourism. The company's 2018 annual report anticipated "a significant and adverse effect" from the "proliferation of gaming venues, particularly in Southeast Asia." In May 2019, the Corporation sold Sands Bethlehem to the Poarch Band of Creek Indians of Alabama for $1.3 billion. Finances In March 2021, two months after Sheldon Adelson's death, the Sands Corporation announced the sale of its Las Vegas properties to Vici Properties and its operations to Apollo Global Management. In 2021 the COVID-19 pandemic further negatively impacted the Corporation's finances with a 97.1% decrease in revenue and a second-quarter fiscal