hard rock hotel casino lake tahoe yelpBut prime Strip properties are highly desired, and if the sale rumor is true, it could draw some tire kickers.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.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.resorts casino mabageBlackstone 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.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.(Image: KTNV)A Bloomberg article out earlier today identifies private equity giant Apollo and MGM as potential suitors for the plush Sin City asset.resorts casino catskills

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ruby slots bonus 20209 billion to build the venue.Making Sense of Cosmopolitan Sale RumorsApollo didn’t confirm or deny interest in Cosmopolitan.Rumors of a sale of Cosmopolitan Las Vegas, seen above, are vegas casino online 100 no deposit bonusheating up.raging bull casino 300 no deposit bonus codes56 billion in equity.Conventions are seen as especially important during the slower middle of the week.On that note, MGM buying an asset from Blackstone would flip the script previously penned by the companies.island view casino players club

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winstar world casino poker roomLow midweek demand in the pandemic’s earlier stages forced several casino companies to close their hotel towers temporarily.It arrives several days after Vital Vegas reported that chatter regarding a sale is heating up.That indicates he’d have to find capital elsewhere to finance a potential run at Cosmopolitan.Las Vegas continues to lead the nation’s large cities in unemployment, though the rate is in the single digits now.Talk of Other SuitorsAt billion, the list of legitimate suitors for Cosmopolitan Las Vegas is short.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.borgata casino website