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Casino Landlord Vici Buys Mgm Resorts Spinoff In $17B Deal | Las Vegas Review

by reviewjournal.com posted 1month ago 18 views
The transactions puts the real estate ownership of many of Las Vegas’ biggest resorts under one company. : The transactions puts the real estate ownership of many of Las Vegas’ biggest resorts under one company. A major casino landlord is buying another in a $17 billion-plus deal, putting the real estate ownership of many of Las Vegas’ biggest resorts under one company. Caesars Entertainment-spinoff Vici Properties is acquiring MGM Resorts International-spinoff MGM Growth Properties, the companies announced today. The transaction is valued at $17.2 billion, which includes the assumption of about $5.7 billion of debt.

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