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Oct 16, 2025 4:00 PM

What's Going On With MGM Resorts On Thursday?

MGM Resorts International (NYSE:MGM) disclosed a deal to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. for $546 million in cash.

• MGM stock is down today. See the complete data here.

Details

Northfield Park, located in Ohio, is a regional racino (racetrack and casino) serving the Cleveland and Akron areas.

Among the property features are 74,000 square feet of gaming space with about 1,600 video lottery terminals, a half-mile standardbred (harness) racetrack and a 1,820-seat entertainment arena.

Also Read: This MGM Resorts Analyst Is No Longer Bullish Due To Las Vegas Slowdown, Rising Capex

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