Tag: mgm resorts

Oct 08 2021

MGM Resorts buys Cosmopolitan of Las Vegas for $1.625 billion

MGM Resorts announced the purchase of the Cosmopolitan of Las Vegas, a reputable luxury resort and casino, for $1.625 billion. The lifestyle industry giant was owned and operated by Blackstone, a New York-based investment group. Prior to the purchase, Cosmopolitan was already in the market with a $5 billion price tag. However, MGM Resorts managed to buy the las vegas...

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