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Wednesday, October 01, 2014         

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Cosmopolitan of Las Vegas up for gambling license

By OSKAR GARCIA

POSTED:



LAS VEGAS — Nevada gambling regulators plan to give final consideration to whether the $3.9 billion Cosmopolitan of Las Vegas hotel-casino can have a gambling license.

Executives for the nearly 3,000-room resort owned by Deutsche Bank are expected to appear Thursday before the Nevada Gaming Commission in Carson City.

A key panel previously recommended approval of the project. The Cosmopolitan is expected to be the last major hotel-casino to open on the Las Vegas Strip for the next few years. It is set to open Dec. 15.

Deutsche Bank picked up the property in August 2008 for $1 billion after its original developers entered foreclosure.

Plans call for a 100,000-square-foot casino with 1,500 slot machines and 83 table games.






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