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Tag Archives: Bellagio

US – Blackstone buys Bellagio for $4.2bn in leaseback deal

MGM Resorts has entered into a definitive agreement to form a joint venture with Blackstone Real Estate Income Trust that values the real estate of Bellagio at $4.25bn, which represents a purchase price multiple of 17.3x rent. In this landmark transaction for the gaming and entertainment industry, the joint venture will acquire the Bellagio real…

US – Blackstone in talks to buy and lease back Bellagio and MGM Grand

Bloomberg has reported that New York-based private equity company Blackstone is looking to buy and lease back two of MGM Resorts’ most prestigious Las Vegas properties. The Bellagio and MGM Grand Las Vegas, two of the jewels in MGM’s crown, are believed to be on the negotiating table as MGM looks to raise funds for…

US – IGT expands live electronic table games footprint to Bellagio

International Game Technology has installed its live Electronic Table Game (ETG) Dynasty cabinets, featuring live roulette and live baccarat games, at Bellagio Resort & Casino in Las Vegas. The installation includes IGT’s Dynasty cabinets and three dealing tables. “The expansion of IGT’s live Electronic Table Games footprint into Bellagio is a great example of our…

US – Spin Games goes live at Bellagio, MGM Grand and The Mirage

Spin Games LLC, an emerging content and technology provider in the interactive and social gaming sector, has announced its content solution has gone live at multiple MGM Resorts International properties in Las Vegas. The Spin games content being deployed at Bellagio, MGM Grand and The Mirage includes a range of premium HTML5 Slot, Video Poker…

US – InteractivePro Tables to be launched in Bellagio

SHIFT Interactive, a division of Suzo-Happ, and MGM Resorts International have announced that the multi-year agreement between the parties has been extended to include Bellagio Resort & Casino. The InteractivePro Tables will be launched publicly in advance of the NCAA March Madness Basketball Tournament, which typically attracts millions of visitors to Las Vegas each year….