MGM Resorts International has announced that it has agreed to acquire the operations of The Cosmopolitan of Las Vegas from Blackstone for $1.625 billion in cash. The deal is solely for the property’s operations, not the real estate itself. The purchase is part of a larger transaction in which Blackstone is selling the real estate… Read more »
It usually is not a good thing when the poker police blotter makes the news, and this time around isn’t any different. In one case, a former WPT champion will be headed to jail for some unethical behaviors in business. In another case, a casino bandit who apparently never saw Elliott Gould’s Reuben Tishkoff’s speech… Read more »
Paying employees to get vaccinated The slow march toward the beforetimes continues in Las Vegas, as The Cosmopolitan of Las Vegas is set to increase its gaming floor capacity to 100%. The Nevada Gaming Control Board permitted the casino to go up to full capacity from 80% because The Cosmopolitan reported that 80% of its… Read more »
