Describes the consolidation of the Las Vegas Strip by MGM Resorts
and Caesars Entertainment, who collectively own and/or operate more than
half of the hotel-casinos
The ownership and management of the hotel-casinos has been
separated
A REIT, VICI Properties was spun out of Caesars Entertainment in
2017. In 2022, VICI bought MGM Growth Properties which was spun MGM
Resorts International in 2015
Why did I add this? - Interesting to see the consolidation of the
Vegas Strip and the separation of ownership and management of casinos -
Reminded me of The Caesars Palace Coup by Max Frumes and Sujeet Indap
recommended by Jay
Vasantharajah