Blackstone Secures $800M Equity Investment for CityCenter Las Vegas
Wednesday 03 de December 2025 / 12:00
⏱ 1 min read
(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 North America 2026
01 de September 2026
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
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