Blackstone has purchased the hotels’ real estate for nearly $3.9 billion, and MGM is leasing the properties back.
Search results for:
The multibillion-dollar sale of The Cosmopolitan marks the latest in a string deals on the Strip between two powerhouse companies and another investment on Las Vegas Boulevard from the CEOs of fast-food chain Panda Express.
Chefs, housekeepers, bartenders, bellhops and waiters who are members of the Culinary union marched along the Strip Friday night to urge casinos to call them back to work.
Stan Mallin, half of the duo who changed the face of the Strip by building Caesars Palace and Circus Circus, has died. He was inducted into the Gaming Hall of Fame in 2019.
Blue Wire, the producer of 175 podcasts — most of them featuring sports content — has begun working from a studio housed at Wynn Las Vegas.
The Nevada Gaming Control Board unanimously recommends approval of MGM Resorts International’s plan to buy out Dubai World’s 50 percent share of CityCenter on the Strip.
A guest had a lucky start to their Labor Day, winning $1 million on a Ten Play draw poker machine.