{"id":117354,"date":"2019-10-15T14:12:19","date_gmt":"2019-10-15T21:12:19","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=117354"},"modified":"2019-10-15T17:30:22","modified_gmt":"2019-10-16T00:30:22","slug":"mgm-finally-reaches-a-deal-to-sell-bellagio-to-blackstone-for-4-25-billion","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-finally-reaches-a-deal-to-sell-bellagio-to-blackstone-for-4-25-billion\/","title":{"rendered":"Blackstone Banks on Bellagio in $4.25 Billion Deal With MGM Resorts International, Ruffin Gets Circus Circus For $825 Million"},"content":{"rendered":"
In a widely anticipated move, MGM Resorts International (NYSE:MGM) formally announced today it is selling the Bellagio on the Las Vegas Strip to a real estate investment trust (REIT) controlled by private equity firm Blackstone Group Inc. (NYSE:BX) for $4.25 billion.<\/p>\n