Making Sense Of MGM Resorts Decision To Sell Circus Circus And Lease Back Bellagio

MGM operates 9 properties in Las Vegas, 2 properties in Macau, and 8 properties in other regions of the U.S. In October, the company announced the sale of Bellagio and Circus Circus, two prominent properties in Las Vegas. But more recently, it decided to lease back Bellagio. Trefis analyzes ...