Bloomberg reported. Meanwhile, two other multimillion-dollar works soon to be up for auction were hung over a banquette. The Picasso Restaurant will not be stripped bare of its namesake’s work as a result of the auction. “In order for us to keep the name on the door, of course we have to showcase Picasso’s work,” MGM Resorts’ chief hospitality officer Ari Kastrati told Bloomberg.
Some of the 12 other Picassos in the Bellagio’s parent company’s collection will be used to replace the auctioned items. Ahead of their sale, the auction lots will make an appearance in New York on Sept.
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