Cosmopolitan Sold to MGM Resorts

[serenasea]

No longer just a rumor:

https://finance.yahoo.com/news/blackstone-announces-sale-cosmopolitan-las-121500321.html

[clemi]

Such sad news IMO :(

[charlie50]

That sucks ...I was wondering why we where seeing more offers all of a sudden.

[zeus]

I honestly never thought it would happen. It makes sense that they only bought the operations. But MLIFE is going to have to make some changes for this to work to their benefit. They are going to need to keep the atmosphere that Cosmo currently has, and also the quality of bartenders and cocktails. And to do this they will need to do some upgrades to their beverage quality and service at their upper end properties like Bellagio and Aria so they can retain their business because everyone always wants to go to the newest place. If they don't then they can kiss their new customer base and $1.625B investment goodbye.

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[CPT]

Hopefully they still allow filming with the change.

[tee2green]

Hopefully they still allow filming with the change.That's a major point for shit ton of slot channels that film in Vegas!

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[CPT]

That's a major point for shit ton of slot channels that film in Vegas!

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I believe they say Aria is fairly friendly, so hopefully they continue that tradition for that point alone. I've always enjoyed going over there and live streaming. We shall see what happens!

[Brandon]

Boooooo. Awful, awful news.

[Elf70]

This breaks my heart. The more MGM incorporates their policies into Cosmo the faster the decline will be. [emoji30]

[sondor]

I know it's sad for the Cosmo lovers...Hope they keep the slot selection...I would like to stay there sometime