![]() ![]() Cit圜enter on the Strip, a 50-50 joint venture between MGM Resorts and Dubai World, is operated by MGM Resorts and not part of a REIT. MGM Growth also currently owns seven MGM Resorts’ properties in Detroit, Cleveland, Mississippi, Maryland, Atlantic City, and New York.īellagio is owned by a REIT controlled by the Blackstone Group and leased back to MGM Resorts. MGM Growth’s portfolio currently includes eight Strip hotel-casino and The Park dining and entertainment complex, all operated by MGM Resorts. MGM Growth said the sale is expected to close by the end of the year. ![]() Truist Securities gaming analyst Barry Jonas said he continues to be “constructive on MGM Growth given the security of its rent and an increasingly visible pathway to the removal of corporate governance overhangs.”
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