deutsche bank casino in las vegas

deutsche bank casino in las vegasDeutsche Bank Casino in Las Vegas – Business Insider
× Check Out The Gorgeous Las Vegas Casino Deutsche Bank Owns. Deutsche Bank's portfolio includes the $3.9 billion Cosmopolitan of Las Vegas, which the bank finished building after the developer defaulted on their loans.

Cosmopolitan casino leaves Deutsche Bank underwater in Vegas
Revenue on the Strip is down 12% as America's gambling capital is hit hard by the credit crunch.

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Deutsche Bank Sells Las Vegas Cosmopolitan to Blackstone
That meant it was somewhat surprising when Deutsche Bank announced that they had sold the casino to another group with very limited casino experience. Blackstone Invests in Las Vegas Recovery. That said, it's not quite as far of a reach for the group as it might seem.

Deutsche Bank to sell $400m stake in Las Vegas gambling group
Deutsche Bank is preparing to cash in on a $400m stake in a Las Vegas gaming group, giving the bank a boost at a time of lingering concerns over the state of its balance sheet. In a prospectus issued last week, Red Rock Resorts, operator of more than a dozen casinos across Nevada and California…

Recession Strikes Las Vegas – ABC News
Deutsche Bank has "massive exposure" in Las Vegas, to the tune of a figure of double-digit billions, says Moriarty, who launched his own Even so, the bankers will still not be able to operate the casino themselves. Instead, they will have to hire a professional with a license to run a gaming operation.

Tour The Gorgeous Las Vegas Casino Deutsche Bank Owns…
And this gorgeous casino Deutsche bank owns looks like an awesome place to do just that. (Corey Deshon shared his photos with us.) The Cosmopolitan Las Vegas, a luxury resort and casino, opened in December 2010.

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Deutsche Bank to Remain A Casino Bank? – MFI-Miami
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Cosmopolitan of Las Vegas sold… | Las Vegas Review-Journal
Deutsche Bank announced Thursday that the The Cosmopolitan of Las Vegas has been sold to the Blackstone Group for $1.73 billion. Blackstone also owns a small stake in casino operator Caesars Entertainment Corp. NEW MANAGEMENT.

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Deutsche Bank Sells Cosmopolitan Casino & Resort In Las Vegas…
– – Blackstone Real Estate Partners VII, a real estate fund managed by the Blackstone Group, has agreed to buy Nevada Property 1 LLC, the entity which owns the Cosmopolitan casino and hotel in Las Vegas. – – Deutsche Bank took over the resort only reluctantly, in January 2008, when the original…

Cosmopolitan of Las Vegas – Wikipedia
The Cosmopolitan of Las Vegas (commonly referred to simply as The Cosmopolitan or The Cosmo) is a luxury resort casino and hotel on the Las Vegas Strip in Paradise, Nevada. The resort opened on December 15, 2010…

Deutsche Bank Looking To Sell Cosmopolitan in Las Vegas
Card Player – Deutsche Bank is in talks with potential buyers of the Cosmopolitan on the Las Vegas Strip, Bloomberg reported this week. The casino features more than 100,000 square feet of gaming floor space. The Cosmopolitan, like many of its kind in Las Vegas, suffered thanks to the Great…

Report: Deutsche Bank To Sell $400 Million Interest In Las Vegas…
One of the world's largest banks is cashing out for hundreds of millions of dollars in Las Vegas. Added by: Poker news Post by: Report: Deutsche Bank To Sell 0 Million Interest In Las Vegas Casinos.

Economic Troubles Affect the Vegas Strip – The New York Times
One of the most prominent Las Vegas casino operators, Tropicana Entertainment, said Monday it would seek bankruptcy protection. "It's accelerating to the downside," said Bill Lerner, a senior gambling analyst at Deutsche Bank who lives in Las Vegas.

Cosmopolitan casino leaves Deutsche Bank underwater in Las Vegas
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Buyout keeps Cosmopolitan in play – Las Vegas Sun News
They include New York-based real estate developer Related Cos., which will oversee the project, and W.A. Richardson Builders, a gaming construction design firm in Las Vegas. Deutsche Bank has yet to name a company to manage the hotel or the casino.

Deutsche Bank Risk Alert | The passion for due dilligence
companies in Las Vegas." {read more}. News/Blog. Deutsche Bank should insist on an immediate buyout of its Las Vegas casino stake through the Station Casinos IPO.

Las Vegas casino ownership — who owns what
Las Vegas Casino Ownership. A list of who owns what. Note, Nick Christenson is doing a better job of maintaining a current & accurate list at LV Revealed. Cosmpolitan, next to Aria, is actually not part of MGM's CityCenter, and is in fact owned by Deutsche Bank.

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The Cosmopolitan of Las Vegas sold by Deutsche Bank – CASINO
The Deutsche Bank, as for it, hopes to sell the hotel-casino for $2 billion. One of the reasons of the sale of the Cosmopolitan in Las Vegas is the zero profit of the institution, since the opening of the doors in 2010, while the casino cost $3.9 million.

Deutsche Bank divests lossmaking Las Vegas gambling for $1.7bn
Germany's biggest lender, Deutsche Bank, has sold its luxury, but profitless, casino resort, The Cosmopolitan of Las Vegas, to the US-based Blackstone Group for $1.7 billion in cash.

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