2025.12.15
casino near me pokerLast 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.(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.Blackstone acquired Cosmopolitan for .casino queen liveBut prime Strip properties are highly desired, and if the sale rumor is true, it could draw some tire kickers.Conventions are seen as especially important during the slower middle of the week.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.brian christopher slots chumba casino mountaineer casino gameslucky tiger no deposit codeReports of the integrated resort being for sale surfaced nearly two and a half years ago.All that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.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.gta 5 casino slot machine jackpotAs 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.2 billion takeover of MGM Growth Properties (NYSE:MGP).Golden Nugget owner Tilman Fertitta has long desired a Strip property, and there’s plenty of speculation to that effeis the mohegan sun casino in connecticut openct.foxwoods resort casino buffet seven feathers casino age requirementclearwater casino eventsBut 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.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.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.Low midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily.Since 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal.no deposit bonus casino south africa online slot casino usa |