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MGM Northfield Park Sold for More than $500M

The sale will reduce MGM's annual rent payments by $54 million and is expected to close by mid-2026, allowing MGM to focus on digital gaming and international expansion.

MGM Northfield Park was sold to private equity funds managed by Clairvest Group Inc. for $546 million in cash, according to a news release sent out Thursday morning.

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KSNV broke the news in on Thursday, October 16, 2025.
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