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MGM Selling Gold Strike Operating Rights to Tribal Buyer for $450 MillionWritten by: Todd Shriber

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MGM Resorts International (NYSE:MGM) is selling the operating rights to Gold Strike Hotel & Casino in Tunica, Miss. to Cherokee Nation Entertainment Gaming Holdings, LLC for $450 million in cash. The Las Vegas-based gaming company made the announcement after the close of US markets and the shares are little changed in after-hours trading after slumping
The post MGM Selling Gold Strike Operating Rights to Tribal Buyer for $450 Million appeared first on Casino.org.
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