What The Cosmopolitan of Las Vegas does

The Cosmopolitan of Las Vegas is an integrated luxury resort and casino operating at 3708 Las Vegas Boulevard South, owned and operated by MGM Resorts International since its 2018 acquisition. The property spans over 3,000 rooms across City, Terrace Studio, Terrace Suite Fountain View, and Premium Suite categories, including 24 recently renovated Chelsea Tower penthouse suites and 14 entourage rooms with personalized butler service. Revenue is generated across hotel accommodations, casino gaming (slots, table games, BetMGM sportsbook), 20+ food and beverage venues (including STK, Zuma, Jaleo, Scarpetta, Wicked Spoon, Superfrico, Block 16, and the upcoming Corner Store), nightlife (Marquee Nightclub and Dayclub, The Chandelier), entertainment at The Chelsea, Sahra Spa, and meetings and events.

The underlying operating platform is the integrated MGM Resorts ecosystem: the MGM Rewards loyalty program provides cross-property point earning and tiered benefits, mobile check-in/check-out and the Rose text-based digital concierge (SMS to 447673) handle guest engagement, and BetMGM powers on-site and mobile sports betting. Distribution combines direct booking via cosmopolitanlasvegas.mgmresorts.com, third-party OTAs, MGM Rewards member channels, dedicated VIP and corporate sales teams, and partner channels with Marriott Bonvoy, Royal Caribbean, Celebrity Cruises, and Southwest Airlines. Customer segments span luxury leisure travelers, high-limit casino players, corporate and meeting groups, and private event guests, with marketing amplified through entertainment partnerships (Power Slap 2026-2030) and celebrity-driven programming.

Pricing is dynamic and not publicly disclosed, reflecting premium positioning across rooms, F&B, and entertainment. The strategic posture is one of continuous capex reinvestment (Chelsea Tower renovations, F&B refresh with Catch Hospitality) and entertainment-led demand generation, anchored within MGM Resorts' broader Las Vegas portfolio.

Name

The Cosmopolitan of Las Vegas

Legal name

MGM Resorts International

Website

https://cosmopolitanlasvegas.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Cosmopolitan of Las Vegas is a 3,000+ room luxury integrated resort and casino on the Las Vegas Strip, operated by MGM Resorts International since 2018, serving affluent leisure travelers, gaming guests, and corporate groups with hotel, dining, nightlife, spa, and entertainment offerings.

Ownership category

akta.pro rank

Product category

Luxury Resort and Casino Hospitality

NAICS

Casino Hotels (721120), Casino Hotels (72112)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

Keywords

• Luxury hotel accommodations
• Casino gaming services
• Resort dining experiences
• Entertainment venue hosting
• Meetings event catering

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D

Revenue model

1. Hotel Accommodations: Revenue from room rentals across various room types including City Rooms, Terrace Studios, Terrace Suite Fountain View, and premium penthouse suites. Includes revenue from renovated Chelsea Tower penthouse suites and entourage rooms.
2. Casino Gaming: Revenue from casino floor operations including slots, table games, tournaments, and high-limit gaming areas. Casino marketing efforts target high-value players through VP of Casino Marketing position.
3. Food & Beverage: Revenue from diverse dining venues including Amaya Modern Mexican, Superfrico, STK, Zuma, Jaleo, Scarpetta, Wicked Spoon buffet, Block 16 Urban Food Hall, and upcoming The Corner Store from Catch Hospitality Group.
4. Entertainment & Nightlife: Revenue from entertainment venues including Marquee Nightclub, Marquee Dayclub, The Chelsea venue hosting shows like Chelsea Handler, tournament events, and Dive In Movies. Ticket sales and bottle service generate significant revenue.
5. Spa & Wellness: Revenue from Sahra Spa Salon & Hammam offering spa treatments, salon services, and wellness experiences.
6. Retail & Shops: Revenue from on-site retail shopping experiences within the resort.
7. Meetings & Events: Revenue from meeting spaces, special events, catering, and group bookings for corporate events and private functions.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

The Cosmopolitan of Las Vegas is a luxury resort and casino on the Las Vegas Strip offering more than 3,000 guest rooms across multiple towers, a full-service casino with slots, table games and a BetMGM sportsbook, 20+ dining venues, nightlife venues such as Marquee Nightclub/Dayclub, an entertainment venue (The Chelsea), Sahra Spa, pool district, meeting and event spaces, and integrated digital services (mobile check-in, Rose digital concierge, MGM Rewards loyalty program). The property is operated by MGM Resorts International and targets the luxury travel, gaming, dining, and entertainment segments.

Product overview

The Cosmopolitan of Las Vegas is a luxury resort and casino operated by MGM Resorts International, offering a unified hospitality portfolio. The property spans accommodations (City Room, Terrace Studio, Terrace Suite Fountain View, and Premium Suites including renovated Chelsea Tower penthouse suites), a full-service casino with slots, table games, and BetMGM sportsbook, diverse dining across multiple restaurants (Amaya Modern Mexican, Superfrico, Wicked Spoon, STK, zuma, Jaleo, Scarpetta, Block 16 Urban Food Hall, and upcoming The Corner Store), nightlife venues (Marquee Nightclub, Marquee Dayclub, The Chandelier, The Barbershop, Clique Bar & Lounge, The Ski Lodge), entertainment shows (Chelsea Handler, THE PARTY at Superfrico, Dive In Movies), a spa (SAHRA Spa Salon & Hammam), pool district (Boulevard Pool, The Chelsea Pool), meeting and event spaces, and a 24/7 digital concierge (Rose). The MGM Rewards loyalty program spans all MGM Resorts properties. The resort hosts live events including Power Slap competitions at The Chelsea venue.

Differentiator

Problem solved

Functional benefit

Brands

• Marquee Nightclub: Premier nightclub at The Cosmopolitan featuring world-class DJs and reimagined main room with next-generation audiovisuals.
• Marquee Dayclub
• Rose

Products and services

• Hotel Accommodations Luxury hotel rooms and suites across multiple towers including City Rooms, Terrace Studios, Terrace Suite Fountain View rooms, Premium Suites, and renovated Chelsea Tower penthouse suites and entourage rooms with personalized butler service.
• Casino Gaming Full-service casino floor offering slot machines, table games, high-limit gaming areas, and casino tournaments and events for gaming guests.
• BetMGM Sportsbook

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Power SlapflagshipStrategic or Co-development Partner · 23 March 2026Power Slap and MGM Resorts announced a five-year live event residency partnership (2026-2030) making MGM Resorts the Official Home of Power Slap in Las Vegas. Four live events per year will be hosted at The Chelsea at The Cosmopolitan, beginning with Power Slap 19 on April 17. Power Slap is a slap fighting promotion founded by Dana White and Lorenzo Fertitta with over 30 million followers and 25 billion social media views.
• Catch Hospitality GroupcoreStrategic or Co-development Partner · 16 January 2026The Cosmopolitan will open The Corner Store restaurant from Catch Hospitality Group in late 2026, marking the brand's first expansion outside NYC. The restaurant will occupy the space currently held by Blue Ribbon American Grill & Oyster Bar, which closes February 16, 2026. This builds on the prior 2018 launch of CATCH at ARIA Resort & Casino, representing continued expansion of the partnership across MGM Resorts properties.
• MGM Resorts InternationalflagshipOthersThe Cosmopolitan is operated by MGM Resorts International, providing access to the MGM Rewards loyalty program, integrated booking platforms, and cross-property marketing. Partners within the MGM ecosystem include Marriott Bonvoy, Royal Caribbean & Celebrity Cruises, Southwest Airlines, and other preferred partners offering cross-promotional benefits.
• BetMGMcoreTechnology or IntegrationBetMGM operates the sportsbook at The Cosmopolitan, providing sports betting services with on-site facility and mobile app integration for casino gaming experience.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Caesars Palace: Iconic Strip integrated casino resort with broad luxury dining, entertainment, and high-limit gaming. Competes for the same affluent traveler and premium-suite guest as The Cosmopolitan.
• Encore at Wynn Las Vegas: All-suite tower of Wynn Las Vegas, targeting the same ultra-premium segment as The Cosmopolitan's renovated Chelsea Tower penthouse inventory.
• Wynn Las Vegas: Standalone luxury integrated casino resort on the Strip with comparable room count, Michelin-level dining, and high-end casino. Sets the upper bound of luxury ADR and amenities that The Cosmopolitan competes against.
• The Venetian Resort Las Vegas: Large luxury integrated casino resort on the Strip with comparable suites, celebrity-chef dining, casino, and meetings offerings. Direct competitor for group events and luxury leisure demand.
• ARIA Resort & Casino: Sister MGM-operated luxury integrated casino resort on the Las Vegas Strip. Competes directly with The Cosmopolitan for the same high-end gaming, dining, and nightlife guest, with similar room counts and MGM Rewards integration.
• Bellagio Las Vegas: Iconic MGM luxury Strip resort with comparable premium room, dining, casino, and entertainment offerings. Closest direct comp on the Strip in terms of target guest (affluent travelers and high-limit gamers) and MGM Rewards overlap.
• The Palazzo at The Venetian: All-suite luxury tower connected to The Venetian, comparable in product (large suites, premium amenities, casino) and target demographic to The Cosmopolitan's premium offerings.
• Resorts World Las Vegas: Newer (2021) luxury integrated casino resort on the Strip with Hilton hotel integration, premium F&B, and large gaming floor. Represents a fresh, well-capitalized direct competitor in the same luxury segment.
• Park MGM Las Vegas: Sister MGM-operated Strip property targeting a slightly more contemporary segment. Overlaps with The Cosmopolitan on F&B, gaming, and MGM Rewards; competes for the same Strip foot traffic.

Broad incumbents

• Waldorf Astoria Las Vegas: Non-gaming luxury hotel on the Strip with similar high-end room, dining, and spa product. Competes for luxury leisure travelers but lacks an integrated casino floor, making it a partial comp.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Cosmopolitan_LV
• Facebookfacebook.com/TheCosmopolitan
• LinkedInlinkedin.com/company/112855

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Cosmopolitan of Las Vegas