2025.12.17
tropicana casino laughlin bingoMaking Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cosmopolitan.(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.Blackstone owns the property assets of Bellagio, almost half the real estate of MGM Grand and Mandalay Bay, and is the buyer for Aria and Vdara property,Said another way, Blackstone is MGM’s landlord or slated to be at several venues.table de poker casino bordeaux9 billion to build the venue.But prime Strip properties are highly desired, and if the sale rumor is true, it could draw some tire kickers.25 billion.choctaw casino koa online gambling girlsresorts world casino kartriteLast 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.25 billion.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.ruby slots free spins 2021On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.He’s in the process of taking Fertitta Entertainment public, which includes the five Golden Nugget casinos and the Landry’s restaurant empire.There’s also been talk ofencore casino customer service hard rock casino virginiaseminole casino login74 billion from Deutsche Bank in 2014 — a fire sale price, because the German bank shelled out .He’s in the process of taking Fertitta Entertainment public, which includes the five Golden Nugget casinos and the Landry’s restaurant empire.As for MGM, it’s already the largest operator on the Strip, and it remains to be seen if the company wants to add to its home market portfolio.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.Low midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily.Blackstone owns the property assets of Bellagio, almost half the real estate of MGM Grand and Mandalay Bay, and is the buyer for Aria and Vdara property,Said another way, Blackstone is MGM’s landlord or slated to be at several venues.island view casino online station casinos sunset station |