πŸ€‘ Ocean's Thirteen - Wikipedia

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The Bank was a fictional hotel created in Oceans 11 – but nearly became reality. The Oceans 11 franchise are iconic Las Vegas movies, so it would only make.


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Ocean's Thirteen is a American heist film directed by Steven Soderbergh. It is the third Filming began in July in Las Vegas and Los Angeles, based on a script by Brian Koppelman and David Levien. roulette tables, and craps, to pay out millions in winnings; Bank's casino has to make $ million in order to.


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Wikipedi Wall Street has often been referred to as a casino, but one bank actually owns a Las Vegas casino. Deutsche Bank's portfolio includes.


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The Cosmopolitan of Las Vegas is the most expensive casino ever built in Las Vegas -- and its owner, Deutsche Bank, is already planning its.


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Deutsche Bank soon recruited a high-powered management team, led by John Unwin, the former Caesars executive. Others decided to wait out the economic downturn. Lerner said. Its chief executive, Josef Ackermann, has visited the Cosmopolitan only twice in recent years. Many big lenders and opportunistic investors ended up owning troubled, half-built properties in recent years. While they willingly spend on food and drinks, they are less likely to drop thousands on roulette or poker, typically the largest source of industry profits. And management has lured popular restaurateurs and retailers. The lender foreclosed on Mr. But the young clientele attracted to the Cosmopolitan is a notoriously fickle group. The demographic cuts both ways, said David B. All that has left Deutsche Bank struggling to attract a critical mass of gamblers. The Cosmopolitan, say rivals who have lost staff, is offering pay packages 30 percent higher than the industry standard. But behind the scenes, executives at Deutsche Bank have balked at some aspects of casino ownership. Eichner and took control of the property, one of the first signs that the city was headed for hard times. Almost immediately, the bank scrapped Mr. Guests rave about the oversize luxury hotel rooms with wrap-around terraces, which are often sold out. It is less at the Cosmopolitan, according to industry analysts. Meanwhile, Deutsche Bank also has to contend with a tricky plot of land. Lerner of Union Gaming, who previously covered the industry for Deutsche Bank. After three years and an enormous financial commitment, the Cosmopolitan opened late last year to favorable reviews, said Mr. The Cosmopolitan is missing just one major component: a deep base of gamblers. People that are 40 years old and older simply have more money. The casino occupies the first floor, while restaurants, retailers and a common area with a pool table take up the next two. It is a challenging design, as it forces customers to leave the casino floor for food and shopping. The bank reluctantly inherited the Cosmopolitan in , just as the local and national economy began to crumble. The billionaire Carl C. See next articles.{/INSERTKEYS}{/PARAGRAPH} The Cosmopolitan has also attracted a distinctive lineup of retailers and restaurants, many of which are new to the local scene. The Cosmopolitan sits on a mere 8. The bond powerhouse Cantor Fitzgerald runs the sports books at the Tropicana and other locales. While the list does not specifically focus on gamblers, it does allow the hotel to market its services to a wider group. Unwin cut a deal with Marriott to gain access to its large database of travelers. The investment is also putting Deutsche Bank at odds with its own clients. Gallagher, a spokesman for Deutsche Bank. It is betting on a relatively young demographic, a challenging crowd that usually prefers partying. On a recent Saturday night, the casino was almost empty as visitors flocked up one flight to the Marquee nightclub, where one inebriated partygoer threw up in line. While big banks bristle at comparisons to casinos, big banks β€” by choice and by circumstance β€” have become a force in Las Vegas and other gambling hot spots. At most Las Vegas properties, the casinos typically represent half of revenue, with the balance coming from lodging, retail and the like. Meanwhile, Deutsche Bank is years β€” if not decades β€” away from breaking even on the Cosmopolitan, say analysts, given the weak cash flow and heavy debt load. Deutsche Bank spared no expense on the Cosmopolitan, whose casino floor is dominated by a three-story glass chandelier that encompasses a cocktail bar. But few companies have as much riding on the industry as Deutsche Bank. Unwin said. In contrast, Deutsche Bank doubled down on the Cosmopolitan, opting to go it alone after failing to find a partner. In , it hired the general manager at Caesars Palace to run the Cosmopolitan β€” a move that upset the parent company, Caesars Entertainment, a crucial customer of the bank, according to people with knowledge of the situation who were not authorized to speak publicly. {PARAGRAPH}{INSERTKEYS}But the owner of the most expensive casino ever built in this hedonistic city, Deutsche Bank, is not announcing its arrival in lights.