2025.12.16
desert diamond casino owner25 billion.56 billion in equity.(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.thousands of free online slotsReports of the integrated resort being for sale surfaced nearly two and a half years ago.Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least billion.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.no deposit bonus casino raging bull western union boulder station casinoisland resort and casino escanaba miPeople who are only partially vaccinated can attend but must wear a mask at all functions.It’s not immediately clear if VICI will partner with Apolfirekeepers casino larry the cable guylo on a bid for Cosmopolitan.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.m casino hendersonBlackstone acquired Cosmopolitan for .Blackstone acquired Cosmopolitan for .But prime Strip properties are highly desired, and if the sale rumor is true, it could draw some tire kickers.cache creek casino twitter hard rock casino universal studiosdownstream casino dreb codeThat indicates he’d have to find capital elsewhere to finance a potential run at Cosmopolitan.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.Since 1999, Las Vegas resorts have made more money from conventions and hotel amenities than from gambling, according to the Wall Street Journal.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.On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip.free online slots pompeii free casino slot games without signing in |