New property with a 75,000-square-foot casino will open to the public after VIP party

The $3.9 billion Cosmopolitan of Las Vegas is opening to the public on the Las Vegas Strip, giving Sin City its last major casino-resort for at least a little while.

The resort owned by German lender Deutsche Bank was expected to open Wednesday night with bettors placing their first wager about 8 p.m. Casino executives plan an unveiling party with VIPs and hotel guests earlier in the night.

The VIP celebration will culminate with a pool-side concert with Brandon Flowers, the frontman for rock band The Killers. The Cosmopolitan offers a 75,000-square-foot casino and 2,995 rooms and suites - most with full terrace balconies offering panoramic views of the Strip. The hotel-casino will open first with 2,000 rooms, and add the other 995 in the next few months.

Twelve restaurants, nine boutique retail shops, a nightclub, three pools, a spa, and 150,000 square feet of meeting space round out the amenities.