2025.09.19
coushatta casino funApollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.Last year, more than 34 percent of eligible employees at one point were without work in the Las Vegas Valley, the worst rate in the nation, according to the Wall Street Journal.tropicana casino laughlin nevadaReports of the integrated resort being for sale surfaced nearly two and a half years ago.They died down as Blackstone went on its own buying spree of Strip real estate assets and high-end casino property deals ebbed following the onset of the coronavirus pandemic.Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.wild horse pab casino and resort eldorado casino reno ownersdownstream casino barLas Vegas is in Clark County.Las Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.Making Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cocliff castle casino slotssmopolitan.seven feathers casino bus schedule9 billion to build the venue.But the private equity firm is a credible bidder for the property because it’s been cobbling together an array of gaming assets.Conventions Crucial to Las VegasConventions, which bring large numbers of people to Las Vegas, are seen as vital in filling up hotel rooms on the resort corridor.paragon casino marketplace buffet viejas casino poker roommorongo casino venueAttendees enter the Las Vegas Convention Center for an event.Blackstone acquired Cosmopolitan for .9 billion to build the venue.25 billion.Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least billion.Low midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily.poker casino as hallmark casino lobby |