Picasso's leaving Las Vegas for auction block

Some 11 Picasso paintings and works by the Spanish artist are going up for auction in October as hotel group MGM Resorts seeks to further diversify its vast art collection.

The auction will take place on Oct. 23 in the Bellagio hotel in Las Vegas, where the works were on display, MGM Resorts and Sotheby's said on Wednesday. The sale could fetch some $100 million and is thought to be the most valuable auction dedicated to Picasso that has ever been held.