About the Company
MGM Growth Properties LLC is one of the leading real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP currently owns a portfolio of properties, consisting of 11 premier destination resorts in Las Vegas and elsewhere across the United States , MGM Northfield Park in Northfield, OH , Empire Resort Casino in Yonkers, NY , as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2018 , its destination resorts, the Park, and MGM Northfield Park collectively comprise approximately 27,400 hotel rooms, 2.7 million convention square footage, 150 retail outlets, 300 food and beverage outlets and 20 entertainment venues. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries.
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $MGP News
MGM Resorts reportedly exploring sale of Springfield casino
MGM won the license to operate in Springfield after Massachusetts authorized casino gambling. The casino, which opened in ...
MGM National Harbor battles for lower tax assessment
The casino resort sits on land owned by National Harbor Grand LLC, an affiliate of National ... to a real estate investment trust called MGM Growth Properties LP (NYSE: MGP).
MGM Resorts explores sale of Northfield Park Casino
The real estate at both casinos is owned by Vici Properties Inc., a New York-based real estate investment trust that acquired MGM Growth Properties, MGM’s REIT affiliate, almost two years ago. A Vici ...
Beat the S&P 500 With This Cash-Gushing Dividend Stock
As the rental income of its properties increases, so does their intrinsic value. Vici has made several acquisitions, including the Venetian Resort and rival REIT MGM Growth Properties, that have ...
VICI Properties: A Value Grab in an Overpriced Market
The gaming REIT sector was created in 2013 with the development of Gaming and Leisure Properties Inc. (NASDAQ:GLPI), the first entrant into the space. The second entrant, MGM Growth Properties ...
MGM Resorts rallies after Mizuho says shares are undervalued
Mizuho thinks MGM (MGM) should command a higher trading multiple due to the growth opportunities with the Marriott ...
Breaking Down MGM Resorts Intl: 7 Analysts Share Their Views
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $55.29, along with a high estimate of $61.00 and a low estimate of $45.00. Marking an ...
MGM RESORTS INTERNATIONAL REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2023 RESULTS
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
MGM Resorts reportedly exploring sale of Springfield casino
The real estate at both casinos is owned by Vici Properties Inc., a New York-based real estate investment trust that acquired MGM Growth Properties, MGM’s REIT affiliate, almost two years ago.
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