This is the answer management gave to drjack about why they moved.
*AERL had already moved to a new room at the Venetian months ago but the minor remodel (carpet) just didn't cut it with their clientele. (johnmassey is correct to say major renovations in the VIP rooms DID NOT TAKE PLACE) If LVS does a real renovation AERL might consider going back. The new room in Cotai has the advantage of a private table and room for expansion, AERL would not "be embarrassed to bring good clients there" as they were at the Venetian.
If VIP continues to improve AERL will look at other opportunities in the downtown area.*
Just the opposite. Go back and look at some of the earlier posts on the subject. Sands Cotai offers them a brand new room better suited to their clients (the room at the Venetian was in need of a face lift), it's bigger with room to expand, the Venetian's vocus was more on mass players, and most importantly the new room includes a private table........something they have wanted for a very long time. Private tables are able to generate much more revenue because the elite clients like to play in privacy.