Sep
8
Bank buys Cosmopolitan casino from itself
Filed Under Las Vegas, Las Vegas Casinos, Las Vegas Hotels, The Cosmopolitan Resort | Leave a Comment
The bank that foreclosed on the Cosmopolitan casino hotel, Deutsche Bank, the bank that foreclosed on the Cosmopolitan casino a while back, just found a buyer for the troubled resort - Deutsche Bank!
Las Vegas Sun reports the news, saying the transaction “a bit of good news for the property.”
Not quite sure if I consider the fact that nobody else was really interested in buying the thing, so Deutsche had to sell the thing to itself, good news. But I guess it looks like construction will continue and the Cosmo will eventually get built with a 2010 opening date. Read more
