Blackstone also owns the Cosmopolitan of Las Vegas, a $1.7 billion transaction, as well at the 68-acre Hughes Center office park, purchased for $347 million, and downtown’s 5.4 million-square Cosmopolitan : Casino Resort : Deutche Bank : n/a : Bruce Eichner (3700 Associates) 2010 : Echelon Place : Casino Resort : Boyd Gaming : Boyd Gaming ? Encore at Wynn Las Vegas : Casino Resort : Wynn Resorts : Wynn Resorts : 2009 : Excalibur : Casino Resort : MGM Resorts LAS VEGAS -- After nearly six years, 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. Germany’s largest bank, which took ownership of the unfinished property in 2008 after its original developer defaulted on a loan 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 Get 30-50% off hotels with exclusive pricing over SMS, Facebook Messenger, WhatsApp, iMessage, Alexa, Slack, and Viber. Find and book hotel deals for 1,000,000+ hotels! At our Las Vegas casino, the latest in technology meets the familiar games you’ve grown to love. Slots and video poker take on an exhilarating new meaning and give you more promise of a thrilling, life-changing experience, while your favorite classic Las Vegas table games take on a touch of modern luxury. The Wall Street Journal. Wednesday, April 17, 2019 | 1:14 p.m. Blackstone Group LP is exploring a sale of the Cosmopolitan hotel and casino, the rare instance of a major casino on the Las Vegas President and CEO, The Cosmopolitan Las Vegas . William McBeath is a senior executive with a proven track record of starting, building, growing and improving the profitability, performance, and value of companies in the gaming and resort industry. Mr. McBeath was the President and COO of Bellagio Resort and Casino from 2004 to 2007 where he Cosmopolitan Las Vegas Review. Owned by The Blackstone Group, The Cosmopolitan of Las Vegas is a resort casino and hotel located on the strip in Las Vegas, NV just south of the Bellagio, north of ARIA Resort & Casino, and directly across the street from Planet Hollywood Resort & Casino. Having opened in December of 2010, The Cosmopolitan (commonly The Cosmopolitan of Las Vegas is owned by The Blackstone Group L.P. and Nevada Property 1, LLC. The following ownership information is a subset of that available in the Gaming Business Directory published by Casino City Press. For more information about Gaming Business Directory products visit www.CasinoCityPress.com.
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