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island view casino shuttleovering for the entire event.Conventions are seen as especially important during the slower middle of the week.Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.casino slot wins 2020(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.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.Las Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.jamul casino resort cache creek casino hotel reservationslive casino in marylandSince 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.Talk of Other SuitorsAt billion, the list of legitimate suitors for Cosmopolitan Las Vegas is short.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.lucky creek casino deposit bonusOn that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.He is also coming off the sale of Golden Nugget Online Gaming to DraftKings for .Conventions are seen as especially important during the slower middle of the week.video poker winning hands online gambling m ajackson rancheria casino couponsSince 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal.It’s not immediately clear if VICI will partner with Apolis the mohegan sun casino in connecticut openlo on a bid for Cosmopolitan.All that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.But the real estate company has a penchant for deals, as highlighted by the aforementioned transaction with Apollo and the recently announced .Since 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal.Apollo and MGM could be in the mix.big m casino table games pechanga casino new years eve 2020 |