Picasso masterpieces fetch nearly $110m at Las Vegas auction

Eleven Pablo Picasso artworks that have been on display at a Las Vegas hotel for more than two decades have sold at auction for nearly $110m (£80m).

The works, which were owned by MGM Resorts, featured in the Picasso Restaurant at the Bellagio Hotel.

But the company said Saturday’s auction would help it improve the diversity of its fine art collection.

The auction featured nine paintings and two ceramic pieces by the Spanish artist, who died in 1973.