Blackstone acquisition of Bellagio casino complete

Home » Blackstone acquisition of Bellagio casino complete

Las Vegas’ iconic landmark casino resort, the Bellagio, is now in the portfolio of Blackstone Real Estate Income Trust after its $4.25bn purchase from MGM Resorts International.



The location will continue to be run by MGM after a leaseback deal. The deal closed yesterday. It was a joint venture between the two companies to acquire the real estate assets of the Bellagio.

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