Blackstone Is Said to Weigh Offers for Stake in Bellagio Casino in Las Vegas

The Bellagio Hotel and Casino in Las Vegas. — The Bellagio Hotel and Casino in Las Vegas.
Photographer: Roger Kisby/Bloomberg

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By Christopher Palmeri and Kamaron Leach

June 26, 2023 at 9:40 PM UTC

This article is for subscribers only.

Blackstone Inc. is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, a property purchased almost four years ago for $4.25 billion.

The New York-based investment firm is considering its options and hasn’t committed to a sale, according to people with knowledge of the matter who asked not to be identified because the deliberations are private.