The Cosmopolitan of Las Vegas News - Page 19

The $3.9 billion resort is still operating in the red, although the property showed quality year-over-year increases across its business segments in the first quarter.

The $3.9 billion resort posted its best quarter in terms of casino revenue, generating $40.87 million, a 32.6 percent increase from $30.83 million in the first quarter of 2012.

The Strip hotel-casino on Friday reported that it posted a net loss of $106.5 million for 2012, up from the $96.9 million net loss posted in 2011.

According to the Sun Herald in Biloxi, Gulf Coast players can earn trips to the Las Vegas Strip while Cosmopolitan players can try their luck in southern Mississippi.

Deutsche Bank is embroiled in an escalating labor dispute with 2,000 workers at its Cosmopolitan casino resort.

Vin Narayanan and Aaron Todd discuss fun prop bets you can make while celebrating Thanksgiving, the outdoor ice rink at The Cosmopolitan, and one of the craziest poker hands you'll ever see. They also pick every game on this week's NFL slate against the spread.

The Cosmopolitan will transform its Boulevard Pool into an original holiday theme with a real ice rink set to open Nov. 30.

Lisa Marchese never expected a career in the gaming and hospitality business, much less overseeing the marketing of a new $3.9 billion hotel-casino in Las Vegas.

In a quarterly earnings report, the Cosmopolitan of Las Vegas posted a third-quarter loss of $34.3 million, a significant decrease from the $58.4 million reported in the third quarter of last year.

The idea of leasing out retail, club, sports book or restaurant space to a third-party operator is now woven into the fabric of the Las Vegas resort industry.

The lawsuit, filed in U.S. District Court in Las Vegas on Tuesday, asks for an injunction requiring the domain name registrar, Jiangsu Bangning Science & Technology Co. Ltd., to remove or disable the misleading website.

The Cosmopolitan lost $23.4 million in the first quarter of 2012, compared with $56.8 million last year, when the resort was in its first quarter of operations.

Before the economy tanked and the Strip's building boom went bust, the development of multibillion-dollar hotel-casino projects centered on Las Vegas. Now those resorts are being built elsewhere.

The Las Vegas casino has opened a new pool and will be opening a new nightclub in the next two months.

Cantor Gaming will accept credit cards from most major issuers, including Visa, MasterCard, and Discover, to fund race and sports wagering accounts.

Casino City's Vin Narayanan loves dining in Las Vegas and has had some memorable meals in Sin City. But there are still plenty of food options he hasn't experienced. Here are 10 restaurants he'd like to eat at on his next trip to Vegas.

The Cosmopolitan of Las Vegas announced Tuesday that it has laid off more than 40 employees in its gaming operations department.

The Nevada Gaming Commission on Thursday unanimously approved Cantor Gaming's application to take over operations of the race and sports book at the Palms.

Last year over 300,000 people flocked to Las Vegas to celebrate New Year's, creating a non-gaming economic impact of $189.6 million.

John Unwin, the CEO of The Cosmopolitan, said that next year will all about making a profit for the Las Vegas Strip resort.