Cosmopolitan operations sold to MGM

Unfortunately. I don't like MGM cookie cutter casinos as much as some of the independents. The independents are the ones giving out special concessions and special private table play rules more so than the cookie cutter.

https://www.reviewjournal.com/business/casinos-gaming/cosmo-sold-in-5-65b-deal-mgm-to-take-over-resort-operations-2448618/

MGM agreed to purchase the resort’s operations for $1.625 billion, while the underlying real estate of The Cosmopolitan will be sold to a group of buyers that includes a Blackstone real estate investment trust.

There was some guy who didn't know what he was talking about swearing that the former Hard Rock Vegas was going to buy Cosmo, but I told him he was wrong. About just about everything. Including that.

So this means Cosmo Identity player's club will close and become M life Rewards?

Anyway, right now with about any top tier player's card MGM will tier match.
https://www.mgmresorts.com/en/mlife-rewards-program/tier-match.html

Ask at any MGM property, and the workers there might tell you how great it is that Cosmo is being acquired, and that Cosmo, being more or less in the City Center vicinity, should always have been part of MGM. And these MGM guys will tell you that MGM is going to take over "as soon as possible."

Ask at Cosmo itself, and employees there will discuss the takeover with trepidation that things will start going downhill, but that "nothing will happen for at least a year."

I think they had their own reasons for it