Blackstone bet big on 4 huge Las Vegas casinos. Then the coronavirus brought Sin City to a halt, right as the PE giant was trying to unload one of its multi-billion-dollar jewels.

Blackstone bet big on 4 huge Las Vegas casinos. Then the coronavirus brought Sin City to a halt, right as the PE giant was trying to unload one of its multi-billion-dollar jewels.

Blackstone poured billions into a 1.5-mile stretch of Las Vegas in the last five years. 
The private-equity giant bought two casinos outright and purchased interests in two others as it bet big on a simple investing thesis that extended to strategies beyond …
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