River Spirit Casino Tulsa Upcoming Events overing for the entire event. borgata casino resort and spa jamul casino news the bicycle casino restaurant People who are only partially vaccinated can attend but must wear a mask at all functions. lake tahoe casino deals Medical and religious exemptions “cannot be accommodated,” the directive states. 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. north lake tahoe casinos open Since 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal. Conventions are seen as especially important during the slower middle of the week. seminole casino new member Low midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily. island view casino birthday offer Since COVID-19 cases began to spike in March 2020, conventions have been slow to return to Las Vegas, adding to the area’s economic woes. Ruby Link Slots Yuai Canada 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. Blackjack Online Real Money Nduf

Las Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now. Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip. Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least billion. free casino slot games for iphone Rumors of a sale of Cosmopolitan Las Vegas, seen above, are live casino table minimumsheating up. casino shooting Apollo and MGM could be in the mix. (Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset. coolcat casino no deposit bonus codes It arrives several days after Vital Vegas reported that chatter regarding a sale is heating up. Reports of the integrated resort being for sale surfaced nearly two and a half years ago. Seneca Niagara Casino Security Jobs Olnl 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.

Key Insights and Expert Analysis

Blackstone acquired Cosmopolitan for . 74 billion from Deutsche Bank in 2014 — a fire sale price, because the German bank shelled out . 9 billion to build the venue. online casino zelle Making Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cosmopolitan. santa ana star casino events But the private equity firm is a credible bidder for the property because it’s been cobbling together an array of gaming assets. encore casino nightclub Earlier this year, Apollo partnered with VICI Properties (NYSE:VICI) to acquire the Venetian, Palazzo, and Sands Convention Center from Las Vegas Sands (NYSE:LVS) for . 25 billion. Ruby Slots Free Spins 2021 Dhsv Australia This year, the investment firm is viewed as a leading contender for William Hill’s international assets, and was a suitor for some sports betting operations in Australia. free online poker home games All that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.

It’s not immediately clear if VICI will partner with Apollive casino table minimumslo on a bid for Cosmopolitan. go wild casino login But the real estate company has a penchant for deals, as highlighted by the aforementioned transaction with Apollo and the recently announced . 2 billion takeover of MGM Growth Properties (NYSE:MGP). pechanga resort casino zoominfo 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. Already tied to other takeover speculation, the Mirage operator has one of the industry’s strongest balance sheets, with more cash coming in by way of the MGP transaction and pending sales of Aria and Vdara. On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies. Blackstone owns the property assets of Bellagio, almost half the real estate of MGM Grand and Mandalay Bay,