Cosmopolitan of Las Vegas
October 13, 2022 Michael Friedman

MGM, Cosmopolitan Las Vegas And Loyalty Programs. How Much Harmonization Is Enough?

The MGM Cosmopolitan Las Vegas acquisition was a game-changer for the company. Not only did MGM solidify its position on the west side of the Strip but it also picked up one of the hottest properties with a higher ADR (average daily rate for a room). Its sale of Mirage will help finance the purchase. In the realty world, it’s pretty straightforward. MGM is now the owner of Cosmo-Vegas operations.

Vegas NEWs | New MGM Grand Rooms, New Buffalo Slot And New Construction Update
September 19, 2022 Marc

Vegas NEWs | New MGM Grand Rooms, New Buffalo Slot And New Construction Update

This week we will get to a new construction update as well as some current renovations. We mentioned that MGM Resorts planned on renovating a portion of the rooms at MGM Grand after the company’s recent earnings call. Some of the rooms in the newly named Studio Tower (former West Wing) will be available in late October. The rest should be completed before the end of the year.

Vegas News | MGM Small Steps Cosmopolitan - MGM Operating Cosmopolitan Sportsbook, Robotaxis Launch
August 24, 2022 Marc

Vegas News | MGM Operating Cosmopolitan Sportsbook, Robotaxis Launch And New York-New York Gets New Rooms

It is very real that we are seeing MGM taking small steps at Cosmopolitan. Last week we mentioned Silk Sonic performing at the Barbershop inside the Cosmopolitan as the first marker that MGM Resorts is taking over operations at the property. Typically performers at Park MGM make aftershow appearances at the same property. This was a change of pace to have an aftershow at a different MGM Resorts property.