MGM Re­sorts sale

Travel Daily - - News -

MGM Re­sorts In­ter­na­tional has reached a de­fin­i­tive agree­ment to sell ho­tel Cir­cus Cir­cus Las Ve­gas to “an af­fil­i­ate of Trea­sure Is­land owner Phil Ruf­fin”, for US$825m.

“MGM Re­sorts has en­gaged in an ex­haus­tive process to eval­u­ate its owned real es­tate,” said Chair­man and Chief Ex­ec­u­tive Of­fi­cer Jim Mur­ren.

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