bicycle casino outdoor(Image: Eater Vegas)As was widely expected, MGM Resorts International (NYSE:MGM) is involved in the deal. B ut the rumor mill is spinning with some recent speculation involving Caesars Entertainment (NASDAQ:CZR) potentially shopping Planet Hollywood. BREIT is also MGM’s landlord at Bellagio and owns minority stakes in MGM Grand and Mandalay Bay.Cosmopolitan Sale Extends Busy Period of Strip DealsWhile MGM kept its cards close to its vest on a possible Cosmopolitan acquisition, it was widely believed that operator and Blackstone rival Apollo Global Management (NYSE:APO) was the most viable contenders at the price point the seller was seeking.The deal extends a brisk pace of high-level asset sales and mergers involving Strip landlords this year. black hawk co casinoThat’s since the COVID-19 pandemic forced all casinos across Vegas and Nevada to close temporarily.After being shut down for nearly three months, Nevada’s casinos began to reopen with restrictions in June 2020. (Image: Culinary Union/Facebook)The Culinary Union Local 226 held the event. Even as cases rose dramatically, state and local officials chose not to reinstitute any capacity restrictions, although a mask mandate is back in effect in Las Vegas area public hollywood casino 400 results

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peppermill casino concertsA consortium consisting of the Cherng Family Trust, Stonepeak Partners, and Blackstone Real Estate Income Trust (BREIT) is paying approximately billion for the property assets. A consortium consisting of the Cherng Family Trust, Stonepeak Partners, and Blackstone Real Estate Income Trust (BREIT) is paying approximately billion for the property assets. Caesars previously said it’s targeting divestment of one of its Las Vegas venues next year.online casino qualificationThe German banking giant was initially a creditor of Eichner, but ultimately took ownership of the venue, pouring billion into it.That investment didn’t pay off, as Deutsche Bank would sell the gaming property to Blackstone for .74 billion.Based on that price and the 0 million the private equity firm spent to enhance the venue, not only did Blackstone roughly triple its money on the property, selling Cosmopolitan represents Blackstone’s most profitable single asset trade to date, according to the Wall Street Journal.With BREIT getting a stake in the Cosmopolitan’s real estate assets, that Blackstone affiliate has interests in some of the most iconic Strip venues. Hundreds of casino resort workers and their supporters marched down the Las Vegas Strip Friday evening to say they’re ready to get back to work. Already the largest operator on the Strip, MGM is shelling out about .6 billion to purchase Cosmopolitan’s casino and hotel operating rights. online casino no deposit bonus michigan

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chumba casino clab action lawsuitUnion officials noted that more than a third of its 60,000 members have yet to be called back to work. Already the largest operator on the Strip, MGM is shelling out about .6 billion to purchase Cosmopolitan’s casino and hotel operating rights. Members of the Culinary Union Local 226 and their supporters marched down the Las Vegas Strip Friday evening, calling for more people to visit Las Vegas. (Image: Eater Vegas)As was widely expected, MGM Resorts International (NYSE:MGM) is involved in the deal. BREIT is also MGM’s landlord at Bellagio and owns minority stakes in MGM Grand and Mandalay Bay.Cosmopolitan Sale Extends Busy Period of Strip DealsWhile MGM kept its cards close to its vest on a possible Cosmopolitan acquisition, it was widely believed that operator and Blackstone rival Apollo Global Management (NYSE:APO) was the most viable contenders at the price point the seller was seeking.The deal extends a brisk pace of high-level asset sales and mergers involving Strip landlords this year. Union officials noted that more than a third of its 60,000 members have yet to be called back to work. jamul casino jamul casino april 16