Search results
Jul 26, 2024 · **This deal officially closed on April 29, 2022** (As part of the sale, VICI acquired several MGM Resorts-operated properties along Las Vegas Boulevard including Mandalay Bay, MGM Grand, The Mirage, Park MGM, New York-New York, Luxor and Excalibur.
Aug 31, 2023 · Not only do properties change hands frequently, but there are more and more situations where a Real Estate Investment Trust (or REIT) owns the physical property while a separate entity leases the building and owns the operations of the resort.
May 26, 2021 · In 1969, as the studio disclosed a loss, financier and Las Vegas hotel owner Kirk Kerkorian nabbed control over MGM from Edgar Bronfman, who had been the firm’s largest shareholder.
- Erik Hayden
May 17, 2021 · Amazon (NASDAQ:AMZN) is rumored to be in talks to acquire MGM — the movie studio, not the gaming company. But confusion over nearly similar company names sent MGM Resorts International...
May 18, 2021 · Is Amazon buying MGM Resorts? The MGM movie studio doesn’t own MGM Resorts International (NYSE: MGM), the gaming company whose holdings include top Las Vegas casinos MGM Grand and MGM...
Nov 5, 2021 · There is going to be a bit of a shakeup on the Las Vegas Strip as both MGM Hotels & Resorts and Caesars Entertainment have announced they would sell properties in order to rearrange their portfolio.
Mar 17, 2022 · Amazon finalized its $8.45 billion purchase of MGM Thursday, paving the way for thousands of films to be added to its platform—but the acquisition still won’t give Amazon users access to most...
