2025.12.14
black oak casino menu(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.Reports of the integrated resort being for sale surfaced nearly two and a half years ago.Blackstone acquired Cosmopolitan for .ellis island hotel and casino in las vegasEarlier 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 .Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least billion.Since 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal.fanduel casino bonus codes gold coast casino cornerstonefree online poker sites ukIt’s not immediately clear if VICI will partner with Apollive casino table minimumslo on a bid for Cosmopolitan.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.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.blackjack online pedigree2 billion takeover of MGM Growth Properties (NYSE:MGP).All that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.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 .viejas casino thanksgiving buffet river spirit casino fitneb centerfree slots era coinsAdditionally, the reported billion-plus price tag for Cosmopolitan implies the real estate is for sale, which is interesting because the private equity company is building an empire of sorts with Strip property assets.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.Blackstone acquired Cosmopolitan for .Las Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.He’s in the process of taking Fertitta Entertainment public, which includes the five Golden Nugget casinos and the Landry’s restaurant empire.Conventions are seen as especially important during the slower middle of the week.foxwoods resort casino 301 at new hampshire motor speedway firekeepers casino mijem |