During the most recent quarter

Cosmopolitan continues to show improvement

2013-11-13
Reading time 24 seg
(US).- Privately-held Cosmopolitan of Las Vegas, struggling through periodic harassment from the local Culinary Union, continues to show improvement. During the most recent quarter Deutsche Bank’s USD 3.8 billion hotel/casino on the Las Vegas Strip reported a drop in loss from last year’s USD 34.3 million to USD19.4 million.

Helping reduce the loss was an increase in gaming revenue that went to USD 44.3 million from last year’s USD 22.5 million.

Looking to increase its gaming revenues even further, the company said it would add more table games through an expansion of the Bond Bar near the Strip entrance to the property.

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