{"id":186995,"date":"2021-09-27T07:14:13","date_gmt":"2021-09-27T14:14:13","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=186995"},"modified":"2021-09-28T12:21:34","modified_gmt":"2021-09-28T19:21:34","slug":"cosmopolitan-las-vegas-selling-for-5-65b-mgm-buying-operating-rights","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/cosmopolitan-las-vegas-selling-for-5-65b-mgm-buying-operating-rights\/","title":{"rendered":"Blackstone Selling Cosmopolitan Las Vegas for $5.65B in Lucrative Asset Trade"},"content":{"rendered":"
Blackstone (NYSE:BX) is selling Cosmopolitan of Las Vegas for $5.65 billion, meaning the private equity behemoth nearly tripled its investment on the Strip venue seven years after acquiring it.<\/p>\n