Blackstone Secures $800M Equity Investment for CityCenter Las Vegas
Wednesday 03 de December 2025 / 12:00
2 minutos de lectura
(Las Vegas).- A major equity infusion has been made into a prime Las Vegas asset owned by Blackstone Real Estate, with Simpson Thacher confirming its role as Blackstone’s legal representative in the deal.
Blackstone Real Estate has secured a major equity investment in one of its flagship Las Vegas properties. The private equity firm announced that Realty Income Corporation, a publicly traded real estate investment trust specializing in single‑tenant commercial properties, will provide an $800 million preferred equity investment into Blackstone’s ownership stake in CityCenter, the 18‑million‑square‑foot mixed‑use complex on the Las Vegas Strip. Law firm Simpson Thacher advised Blackstone on the transaction.
The definitive agreement outlines that Realty Income’s investment will be directed toward the real estate assets of CityCenter, which include the ARIA Resort & Casino and the Vdara Hotel & Spa. Despite the new capital infusion, Blackstone Real Estate will retain full common equity ownership of the property, while MGM Resorts International will continue to manage operations. The deal highlights both companies’ commitment to expanding their presence in high‑profile hospitality and entertainment assets.
This marks the second collaboration between Realty Income and Blackstone Real Estate, following their successful joint venture at the Bellagio Las Vegas in 2023. Alongside the announcement, Realty Income raised its 2025 investment outlook to more than $6 billion. The transaction is expected to close on December 9, 2025, subject to customary closing conditions, reinforcing the strategic partnership between the two firms in the Las Vegas market.
Categoría:Casino
Tags: Sin tags
País: United States
Región: North America
Event
SiGMA Central Europe
03 de November 2025
1xBet Partners Strengthens Relationships and Showcases Innovations at SiGMA Central Europe 2025
(Rome, SoloAzar Exclusive).- In an exclusive post‑show interview, Simon Westbury, Strategic Advisor at 1xBet, highlighted the company’s focus on reinforcing ties with affiliate partners during SiGMA Central Europe 2025 in Rome. The firm presented key tools such as live reporting with cohort views, geo‑targeted creatives in more than 25 languages, API product feeds and deep links, along with compliance and responsible gaming assets. Audience response was highly positive, with partners praising dashboard transparency, broad local payment coverage, and CRM strategies that optimize conversion between sports and casino.
Monday 01 Dec 2025 / 12:00
Galaxsys Showcases Chicken Crash and Expanding Fast-Game Portfolio at SiGMA Central Europe 2025
(Rome, SoloAzar Exclusive).- In an interview with Teni Grigoryan, Chief Sales and Partner Management Officer at Galaxsys, the company highlighted its newest release Chicken Crash alongside popular titles like Maestro and Tower Rush at SiGMA Central Europe 2025. With a focus on fast, engaging, and easy-to-understand gameplay, Galaxsys drew strong audience interest, reinforced its diverse portfolio, and outlined clear priorities for continued expansion and innovation heading into 2026.
Friday 28 Nov 2025 / 12:00
Toni Karapetrov from Habanero at SiGMA Central Europe: "Italy has been a fundamental market for us since 2016"
(Rome, SoloAzar Exclusive ).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, discusses the company’s emphasis on its slot portfolio, strong audience engagement, and the growing importance of adaptable technology—while assessing the event’s networking value and business potential across Europe.
Friday 28 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.