Deutsche Bank spent $4bn building the Cosmopolitan after it foreclosed on developer Bruce Eichner in 2008. The casino is being bought through Blackstone’s real estate arm, also the world’s largest real estate firm with $81bn.
This is Blackstone’s first full venture into casinos, although it has owned part of Caesars.
SkyCity Entertainment is seeking damages of over NZ$330m from the construction company responsible for its New Zealand International Convention Centre (NZICC), after years of delays on the project.
Following on from a record year in 2024, Allwyn has reported further growth in the quarter ending March 31, 2025.
A new, 24,000sq.ft area has opened dedicated to all things Ultimate Fire Link at the MGM National Harbour Hotel & Casino in Maryland, US.
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