MGM to sell Bellagio for $4.25 billion, lease property back

MGM Resorts International has a deal in place to sell the Bellagio to a real estate investment trust for $4.25 billion.

In a joint news release, MGM and real estate firm Blackstone today announced the deal, which will not alter MGM’s operation of the Strip casino and resort.

Read Full Article: https://lasvegassun.com/news/2019/oct/15/mgm-to-sell-bellagio-for-425-billion-lease-propert/