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Cosmopolitan of Las Vegas sold to Blackstone Group for $1.73 billion

After a nearly-six year ownership, German investment house Deutsche Bank announced Thursday it was parting ways with the Cosmopolitan of Las Vegas, the stylish — but unprofitable — Strip hotel-casino and the last megaresort to open after the recession tore apart the gaming industry.

Collision conference draws who’s who in tech

Collision, a first-time tech conference that ended Wednesday, drew 1,500 techies and investors from around the world. Speakers included professional skater Tony Hawk, WordPress founder Matt Mullenweg and executives from well-known brands such as Facebook, Google Ventures, PayPal, Belkin, Evernote and Uber.

 
Las Vegas visitors board gets look at ‘Summer is Vegas Season’ ads

Members of the Las Vegas Convention and Visitors Authority’s board of directors on Tuesday got their first look at four television ads as well as some of the eight public service announcements that will be viewed by millions of passengers filing through McCarran International Airport’s security checkpoints.

Las Vegas centennial panel watching its money closely

The Las Vegas Centennial Commission seems to getting more careful with its money, even though it collects $1.6 million a year to give to worthwhile historical projects.

Genting’s Strip project may house studio tour-type theme park

The Nevada Gaming Control Board on Wednesday recommended that Malaysia-based Genting Berhad be found suitable to hold a state gaming license, which will lead the way to development of the $4 billion Resorts World Las Vegas.

Las Vegas casino icon Burton Cohen dies

Gaming industry icon Burton Cohen died Monday at his home in the Regency Towers in the Las Vegas Country Club, sources tell the Review-Journal. During his 50 years in Las Vegas, Cohen ran a number of major casinos, including Desert Inn, Dunes and Frontier.