MGM’s Land-Light Pivot Seems To Be Nearing Conclusion

MGM Grand - Las Vegas

MGM Resorts will only own 15 acres of the Las Vegas Strip by the end of 2021. In 2014, they owned more than 800 acres of the strip. They achieved this by spinning off an investment trust to control their land, thereby retaining access but bringing in further revenue. LAS VEGAS – MGM Resorts has … Read more