As part of the deal, MGM Resorts International will receive about $4.4 billion. On Wednesday, MGM Resorts International sold MGM Growth Properties to VICI in a deal worth more than $17 billion. LAS VEGAS (KTNV) - A major deal has been reached involving multiple properties on the Las Vegas Strip.įinancial analyst Steve Budin says about five years ago MGM split its company into two, MGM Resorts International, which operates about a half dozen resort-casinos on the Strip, and MGM Growth Properties, which owns the physical buildings and land that houses those resorts.
