The Nevada Gaming Commission gave unanimous final approval Thursday to MGM Resorts International’s plan to buy The Cosmopolitan of Las Vegas for $5.65 billion.
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With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.
Slot machine technician Jereme Barrios is appealing a regional National Labor Relations Board ruling on a union decertification vote.
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Las Vegas-based gaming product manufacturer PlayAGS reported higher first quarter earnings but saw losses widen.
Vici CEO Ed Pitoniak says the company has become “the leading real estate owner” on what “we believe is the most economically productive street in the world, the Las Vegas Strip.”
Bally’s Corp., winner of the bid to build a casino in Chicago and the future owner of Tropicana’s operations, still isn’t sharing what’s in store for the Strip property.
MGM Resorts International cleared a key regulatory hurdle Wednesday in its bid to acquire operations of The Cosmopolitan of Las Vegas.
Caesars Entertainment said it started the process of selling one of its Strip casinos during its first quarter earnings call, but did not say which one.
With the acquisition of The Cosmopolitan of Las Vegas and the sale of The Mirage on the horizon, MGM Resorts International reports good quarter for Las Vegas properties.