The global casino giant is putting the Bellagio into a joint venture controlled by a Blackstone Group Inc. real-estate investment trust.
MGM is to hold a 5% stake in the venture and $4.2 billion cash and will continue to operate the hotel and casino, which it will rent from the venture for $245 million a year. The transaction values Bellagio at $4.25 billion, the...
Somewhere an Emirati is sweating gold.
Cool. MGM sucks. 🏯🏰
Bellagio has awful security staff. Very aggressive towards children. I'd like to see it shaken up. It's not a family hotel and they make that clear!
I’ve seen various headlines about millennials “killing the gambling industry” and my response is...good; gambling is objectively awful for society and the fewer people drawn in and sucked dry by its allure the better
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