Cosmopolitan giving $5K bonuses to each employee

$5,000 Welcome Bonus

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With its multibillion-dollar sale in the works, The Cosmopolitan of Las Vegas gave employees a welcome surprise Wednesday: a $5,000 bonus each.

Bill McBeath, president and CEO of the hotel-casino, made the announcement in The Chelsea theater, a 40,000-square-foot venue at the Cosmo that was packed with workers for the event.

The crowds erupted with cheer as purple confetti came down and a band on-stage played Bruno Mars’ “24K Magic.”

This is a developing story. Check back for updates.