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Blackstone puts the Cosmopolitan hotel and casino up for sale

Anthony Noto
Blackstone puts the Cosmopolitan hotel and casino up for sale

When Blackstone Group LP acquired The Cosmopolitan hotel and casino in 2014, the private equity firm was rolling the dice on the Las Vegas casino scene. Las Vegas visitation reached a four-year low in 2018. According to The Wall Street Journal, New York-based Blackstone put the 3,000-room hotel on the auction block.