GMA quoted in the Associated Press

GMA quoted in the Associated Press

Casino giant MGM Resorts selling land to New York-based firm

By Ken Ritter

A New York-based real estate investment firm will emerge as the largest landholder on the Las Vegas Strip under a $17.2 billion property deal between landholding affiliates of casino giants Caesars Entertainment and MGM Resorts International.

Combined, VICI Properties Inc. will end up with properties in 15 states.

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