Tag: Cosmopolitan
Cosmopolitan sold for $5.6B, without any real estate transfer taxes
When investment giant Blackstone sold The Cosmopolitan of Las Vegas, it fetched billions above what it paid years earlier, with an executive lauding the resort’s…
Cosmopolitan Las Vegas exec Patrick Nichols named CEO of The Venetian
An executive at The Cosmopolitan of Las Vegas is returning to The Venetian to become president and CEO, replacing longtime leader George Markantonis. Patrick Nichols,…
Cosmopolitan execs leave company; former Mirage exec is new GM
Some executives from The Cosmopolitan of Las Vegas have left for new jobs, just over a week after MGM Resorts International took over operations of…
Nevada Gaming Commission OKs sale of Cosmopolitan to MGM Resorts
The Nevada Gaming Commission on Thursday unanimously approved a transfer of interest that will enable MGM Resorts International to acquire The Cosmopolitan of Las Vegas…
Cosmopolitan exec says MGM Resorts needs to keep hotel’s ‘identity’
The “Act of Appreciation,” as Bill McBeath called it, was also the final act for the outgoing Cosmopolitan CEO. McBeath announced a $27 million jackpot…
MGM Resorts prepares for Mirage sale, Cosmopolitan of Las Vegas purchase
MGM Resorts International on Monday reported it had narrowed losses in the first quarter of 2022 as it prepares to buy The Cosmopolitan of Las…