Blackstone has purchased the hotels’ real estate for nearly $3.9 billion, and MGM is leasing the properties back.
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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.
Las Vegas-based Scientific Games Corp. is selling its OpenBet business to Endeavor Group Holdings, which also owns UFC, for $1.2 billion, the companies announced Monday.
After lighting the Al Davis Memorial Torch, Steve Wynn said he is not on a comeback tour. “I am a private citizen.”
The iconic Manneken Pis statue outside the D Las Vegas in downtown Las Vegas was knocked over during a recent party.
Nevada gaming regulators have accused Station Casinos of accepting hundreds of sports wagers after a game’s outcome had been determined.
Longtime MGM Resorts International executive Cynthia Kiser Murphey is the new general manager of the Palms, the off-Strip resort acquired by the San Manuel Band of Mission Indians.
Hotel guests will pay a pretty penny for any room downtown this weekend as the three-day Life is Beautiful music and arts festival makes its return to Las Vegas.
The downtown Las Vegas hotel-casino will open 6 a.m. Wednesday, marking the first time the Victorian-themed property has welcomed guests since the pandemic prompted casino closures in March 2020.
A guest had a lucky start to their Labor Day, winning $1 million on a Ten Play draw poker machine.