2025.12.16
chukchansi casino barMaking Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cosmopolitan.On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.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.online casino r56 billion in equity.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.Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.black oak casino jackpot winners fanduel casino live chatclearwater casino 4th of july 202174 billion from Deutsche Bank in 2014 — a fire sale price, because the German bank shelled out .It’s not immediately clear if VICI will partner with Apollive casino table minimumslo on a bid for Cosmopolitan.Blackstone acquired Cosmopolitan for .ruby slots sign up bonusHe is also coming off the sale of Golden Nugget Online Gaming to DraftKings for .25 billion.He’s in the process of taking Fertitta Entertainment public, which includes the five Golden Nugget casinos and the Landry’s restaurant empire.wild goose casino ellensburg downstream casino joplin mois the wild horse pab casino openIt’s not immediately clear if VICI will partner with Apollive casino table minimumslo on a bid for Cosmopolitan.But prime Strip properties are highly desired, and if the sale rumor is true, it could draw some tire kickers.9 billion to build the venue.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 part of that transaction, Fertitta agreed to hold the DraftKings equity he’s receiving for at least a 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 .call black bear casino www.black lotus casino |