The Cosmopolitan hotel and casino, located on the Las Vegas Strip, was first opened in 2010. The casino had yet to report a quarterly profit since opening five years ago, until now. A quarterly profit was posted for the second quarter, showing an earnings report of $15.3 million, which was compared to a loss of $13.6 million one year ago. The property was purchased for almost $1.73 billion last December by an affiliate of Blackstone, a private equity firm.  The […]

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