desert diamond casino ceoApollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.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.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.free slots no download casino worldThat indicates he’d have to find capital elsewhere to finance a potential run at Cosmopolitan.But the private equity firm is a credible bidder for the property because it’s been cobbling together an array of gaming assets.On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.resorts casino hotel atlantic city rooms

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scarlet pearl casino telephone numberBut the real estate company has a penchant for deals, as highlighted by the aforementioned transaction with Apollo and the recently announced .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.56 billion in equity.red stag casino bonusLas Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.As part of that transaction, Fertitta agreed to hold the DraftKings equity he’s receiving for at least a year.Talk of Other SuitorsAt billion, the list of legitimate suitors for Cosmopolitan Las Vegas is short.scarlet pearl casino news

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sam s town hotel casino shreveport expediaSince 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.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.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 .Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.Blackstone acquired Cosmopolitan for .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.riverwind casino online games