Picasso artworks in Las Vegas fetch more than $100 million
The Hindu
The sale was a part of a bid by MGM Resorts to diversify its vast collection to include more art from women, people of color and emerging nations as well as from LGBTQ artists and artists with disabilities
Eleven Picasso paintings and other works that helped turn Las Vegas into an unlikely destination for art were sold at auction on October 23 for more than $100 million.
The Sotheby's auction was held at the Bellagio hotel in Las Vegas, where the works had been on display for years, and took place two days before the 140th birthday of the Spanish artist on October 25.
Five of the paintings had hung on the walls of the Bellagio's fine dining restaurant, Picasso. The restaurant will continue to display 12 other Picasso works.
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