2025.12.14
o casino estoril esta abertoApollo 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.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 .casino near me new mexicoConventions 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.He’s in the process of taking Fertitta Entertainment public, which includes the five Golden Nugget casinos and the Landry’s restaurant empire.But the private equity firm is a credible bidder for the property because it’s been cobbling together an array of gaming assets.royal ace casino coupon pechanga casino veterans daythunder valley casino unionLow midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily.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.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.island resort and casino vipThey 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.Additionally, 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.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.does kansas star casino have a hotel free slot games playmgm casino updatesAll that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.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.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.Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.56 billion in equity.But the real estate company has a penchant for deals, as highlighted by the aforementioned transaction with Apollo and the recently announced .club player casino bonus code when is santa ana casino opening up |