Vici Properties closed its acquisition of MGM Resorts International’s real estate spinoff, giving the buyer several more hotel properties on the Strip.
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The new 265,240-square-foot facility in Henderson will manufacture EGMs — electronic gaming machines — for shipment to the United States, Canada, Latin America and Europe.
“I think it’s safe for me to say that they have a very, very strong interest in our site if the transaction can work to their advantage,” Gaming & Leisure Properties top executive Peter Carlino said during a Friday earnings call.
Occupancy rates at Las Vegas resorts are rising to nearly normal levels while the average daily room rate has soared past last year’s rates and those from 2019.
Clark County and downtown Las Vegas smashed previous gaming win records and players bet — and lost — at the highest level ever for slot machine play statewide in March.
Characters from Aristocrat’s Buffalo, Choy’s Kingdom and Legends slot games will appear on the VivaVision screen with an invitation to play at nearby casinos.
Resorts World guests can rent the electric cars on-site through a new partnership between the hotel-casino and rental company.
A new owner, the San Manuel Band of Mission Indians, is reopening the Palms after the tribe acquired the 766-room resort for $650 million from Station Casinos in May.
The real estate investment trust affiliated with MGM Resorts International also paid a quarterly dividend of 53 cents a share to stockholders earlier in April.
The Summerlin estate has been on and off the market over the past few years and was priced at $24.5 million last fall.