Tag: Cosmopolitan Las Vegas
Nevada Officials Break Up Cheating at Cosmo
What the what? People still try this? There was cheating at Cosmo? Well, yes. In late 2021, the Enforcement Division of the Nevada Gaming Control Board responded to a licensee’s self-report and investigated a group of individuals allegedly involved in several incidents of cheating at gaming. That set off an investigation and a series of events. On December 1st, 2021, The Cosmopolitan of Las Vegas contacted the Board to report suspected dice sliding on an electronic craps game totaling a casino loss of $180,000. Based on video surveillance and slot tracking player accounts, Board Agents identified four individuals who were…
Cosmopolitan Las Vegas Up for Sale
The Blackstone group is once again looking to the sell their Cosmopolitan Las Vegas property. And all you need to add this resort to your portfolio is a meager $5 billion… maybe more. It’s being reported that Apollo Global is exploring an offer. Another potential partner is MGM Resorts International. However, representatives for Blackstone, Apollo and MGM all declined to comment. Blackstone, the New York-based investment firm, tried two years ago to find a buyer at $4 billion or more. Prices for Las Vegas casinos have continued to rise despite the pandemic as real estate investment trusts purchase properties and…