MGM Resorts International announced on Thursday that it has agreed to sell its Gold Strike Hotel and Gambling Hall and related assets to JETT Gaming LLC and Gene Ventures LLC.
MGM Resorts, the parent of Macau-based casino operator MGM China Holdings, did not disclose the terms of the sale, which would require approval from Nevada’s gaming regulator.
JETT Gaming is a slot machine root company operating two smaller casinos in Nevada.
This is the second time this year that MGM Resorts has sold a small casino. Last month, it announced the sale of its Rail Road Pass casino in Henderson.
Opened in 1987, Gold Strike hosts 400 slot machines and 10 table games, according to a statement from MGM Resorts. The hotel became owned by MGM after acquiring Mandalay Resorts Group in 2005.
“We will continue to review and improve our real estate portfolio and focus on new developments in international and regional markets,” said Dan Darigo, senior vice president and chief financial officer at MGM Resorts.
In addition to the new project in the U.S., MGM Resorts is currently developing its second large-scale resort in Macau. The $2.9 billion MGM Kotai (pictured) will open in 2016. 안전 슬롯사이트
The company is also interested in the Japanese market. Last month, it unveiled some planning details for Japan if casino gambling becomes legal in the country.