Vici currently holds a 50.1% majority interest in the venture and will purchase the 49.9% stake from JV partner Blackstone Real Estate Income Trust (BREIT) for approximately $1.27bn in cash.
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Original article: https://igamingbusiness.com/strategy/ma/vici-to-acquire-remaining-stake-in-mgm-grand-and-mandalay-bay-jv-for-1-27bn-2/
