Las Vegas Sands Corp. is closing The Venetian, Palazzo and the Sands Expo and Convention Center until at least April 1, effective immediately. The company said no employee layoffs or furloughs are being considered.

According to a Tuesday statement from the company, the process of closing the The Venetian and Palazzo will be completed as soon as possible. Sands will decide whether to extend the closure or reopen the megaresorts “at a later date.”