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...Because 'Teen People' Was Taken

By Chuckmonster on Sunday, 22nd June 2008 12:18am
  » filed under Mergers & Acquisitions  comments: 0


Teen People Casino

From the "kick em while there down department" comes this little nugget, via the Las Vegas Review Journal.

The Cosmopolitan Hotel & Casino - the pile of steel and glass shoehorned between Bellagio and CityCenter - has fallen on some rough times as result of the credit market collapse. Finding itself unable to find appropriate terms for financing, the CosmoLVs was foreclosed upon by its primary lender Deutsche Bank, and casting a pall off doubt on its continued viability. Construction on Cosmo is ongoing, and will continue at least as long as the month-to-month checks to construction firm Perini don't bizzounce.

Now comes word that the Cosmopolitan is being sued by Hearst Corporation, owners of the women's magazine "Cosmopolitan," who accuse the casino's developers of infringing on trademark and deceiving potential customers into believing there is a relationship between CosmoLV and Cosmo the magazine.

Five minutes ago, I polled the three women who are sitting in the next room here to see what their first impressions were. This is how I phrased the question:

They are building a new hotel in Las Vegas and it's going to be called "Cosmopolitan." What are your initial thoughts?

I think about ordering a drink... a cosmopolitan.
I think about an urban party atmosphere, New York, Paris London. And a cosmopolitan, like Sex In the City.
Yeah... a sophisticated place to party.

When I mentioned the lawsuit levied by Cosmopolitan magazine, all three of them simultaneously wrinkled their brows and stated that Cosmo (the mag) hadn't even crossed their mind.

Case Dismissed.*WHACK*



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