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seminole casino revenuerights. Already the largest operator on the Strip, MGM is shelling out about .6 billion to purchase Cosmopolitan’s casino and hotel operating rights. 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. free slots betty yetiHundreds 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. The 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. 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. chumba casino codes 2021

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