MGM Resorts eyes in-house sale of National Harbor casino in short order

MGM National Harbor is driving up its parent company’s revenues, already ranking among its top properties, but the Prince George’s County resort is likely to change hands sooner rather than later.

That’s not to say MGM National Harbor will leave the MGM brand. It won’t. But MGM Resorts International (NYSE: MGM) CEO Jim Murren indicated Thursday that a sale to the company’s subsidiary real estate investment trust, MGM Growth Properties LP (NYSE: MGP), is in the cards in the short-term.

“We were…

from https://www.bizjournals.com/baltimore/news/2017/07/28/mgm-resorts-eyes-in-house-sale-of-national-harbor.html?ana=RSS%26s=article_search
from http://baltimorecheckbook.tumblr.com/post/163528072257

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Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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