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MGM Resorts International’s purchase of Boyd Gaming Corp’s 50 percent stake in Atlantic City’s Borgata Hotel Casino and Spa has received regulatory approval in New Jersey, reports the Associated Press (AP). MGM Resorts had been effectively forced to give up control of its then 50-percent interest in the Borgata,... -
MGM Resorts is to purchase Borgata Hotel Casino & Spa in its entirety, after agreeing to buy the remaining 50% stake in the casino from its partner Boyd Gaming for a consideration of $900m. This does not mean that MGM Resorts will be the sole owner of Borgata, however,...
