In this week's installment of Inside Gaming, a big acquisition was announced this week as MGM Resorts International acquires the Borgata, and a six-year long legal battle between the Las Vegas Sands and its ex-Sands China CEO finally ends with a big cash settlement.
MGM Resorts Acquires Borgata, To Expand East Coast Footprint
There was big industry news this week with the announcement that MGM Resorts International has acquired the Borgata Hotel Casino & Spa.
As Forbes reports, the price tag for the acquisition totaled $900 million to be paid to Boyd Gaming Corp.