MGM Resorts Will Sell MGM Grand and Mandalay Bay Casinos
MGM Resorts Will Sell MGM Grand and Mandalay Bay Casinos

MGM Resorts announced it will be selling its MGM Grand and Mandalay Bay casinos in Las Vegas.

MGM Grand Las Vegas will be acquired by a joint venture of MGM Growth Properties and Blackstone Real Estate Income Trust for $2.5 billion.