2025.12.17
jackson rancheria casino hotel roomsApollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.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.Golden Nugget owner Tilman Fertitta has long desired a Strip property, and there’s plenty of speculation to that effehigh noon online casino no deposit bonusct.hard rock hotel y casino hollywood9 billion to build the venue.It arrives several days after Vital Vegas reported that chatter regarding a sale is heating up.Talk of Other SuitorsAt billion, the list of legitimate suitors for Cosmopolitan Las Vegas is short.downstream casino phone number boulder station casino careersmychoice casino unhandled errorThere’s also been talk ofMaking Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cosmopolitan.All that comes after Apollo bought a Canadian casino operator and Italian sports wagering business last year.club player casino loginBlackstone 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.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.Reports of the integrated resort being for sale surfaced nearly two and a half years ago.silver oak casino sign in harrah s casino valet parking3 rivers casino online gamblingLas Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.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.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.Conventions 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.Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least billion.25 billion.live casino rewards sign up harrah s casino new orleans covid 19 |