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An unfounded rumor and a confirmation around casinos

Today we invite you to discover two news that revolve around physical casinos, but which go in a radically opposite direction from each other. Indeed, we learn this week that the rumor about the takeover of The Cosmopolitan was unfounded, while the construction project of the Casino Resort of Beloit by Ho-Chunk Nation is confirmed.

Hard Rock International and The Cosmopolitan

It’s been quite a while since a rumor has circulated in the gaming world, in fact assuming that Hard Rock International would be greatly interested in buying The Cosmopolitan. But here is today a rebound in this affair, since the latter himself has just said in a statement that The Cosmopolitan was absolutely not for sale. An opportunity for the management of the establishment to underline in passing that this rumor was largely unfounded. This marks a response that could not be clearer and clearer on the part of The Cosmopolitan who does not necessarily see these hallway noises with a good eye.

Las Vegas casino denies

So here we are in front of a statement which does not please everyone, but which puts things back on the right track since the casino of Las Vegas has denied the rumor according to which Hard Rock International would be interested and especially ready to buy the hotel complex these next weeks.

It did not take less for the managers of The Cosmopolitan to then specify that the hotel complex was absolutely not for sale. They will even add that until now, no discussion on this subject had been raised. You should know that The Cosmopolitan is currently a very large subsidiary of the Blackstone group, a group which quite simply bought the complex in the spring of 2014 for an incredible amount of 1.7 billion dollars.

A rumor that had a tough skin

It is interesting to note that these rumors about the sale of the property started last spring. They had taken their sources on a popular blog, through an article on this media which then explained with aplomb that the Florida company Hard Rock International would be interested in the acquisition of The Cosmopolitan.

Here then is the beginning of what will set the powder on fire, the turn of this article therefore assuming that Hard Rock International would be really ready to buy out the resort. But if the rumor persisted and swelled quickly enough, it is simply because it seemed quite believable, Hard Rock International being currently in phase of expansion. In fact, we know that the company has for some time expressed the wish to expand its market to the international sector. And so it is aiming for this objective by establishing headquarters in many countries.

Another project which is itself founded

We now suggest that you stay in the world of the project and the construction, but starting from the side of a confirmation rather than a rumor this time. Indeed, we learned in parallel this week that the construction project of the Casino Resort of Beloit by Ho-Chunk Nation was well founded. An opportunity for to tell you more about what will make casino players happy.

We therefore learn at the end of November that Ho-Chunk Nation is currently awaiting approval from the Office of Indian Affairs of the United States. A deliberation which concerns in fact the construction of a very large hotel complex whose value of the site amounts to more than 400 million dollars. This is therefore a rather expensive project, but which nevertheless remains very interesting for many parties.