Investment Summary |
|
|---|---|
| Date | 2016-05-31 |
| Target | Marina District Development |
| Sector | Leisure |
| Investor(s) |
MGM Resorts
MGM Growth Properties |
| Sellers(s) | Boyd Gaming |
| Deal Type | Stake Purchase |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Leisure |
| Employees | 52,000 |
| Revenue | 13.1B USD (2022) |
MGM Resorts owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts was founded in 1986 and is based in Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Leisure) | 2 of 2 |
| Type (Stake Purchase) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-25 |
Mandalay Resort Group
Las Vegas, Nevada, United States MGM Resorts International. Mandalay Resort Group operates hotel and casino facilities in the United States. |
Buy | $7.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-02 |
LeoVegas
Stockholm, Sweden LeoVegas is a global online gaming company with licenses in eight jurisdictions primarily in the Nordics and the rest of Europe. LeoVegas was founded in 2010 and is based in Stockholm, Sweden. |
Buy | $607M |
| Category | Company |
|---|---|
| Sector | Real Estate |
| Revenue | 793M USD (2020) |
MGM Growth Properties is a real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP, together with its joint venture, currently owns a portfolio of properties, consisting of 12 premier destination resorts in Las Vegas and elsewhere across the United States, MGM Northfield Park in Northfield, OH, Empire Resort Casino in Yonkers, NY, as well as a retail and entertainment district, The Park in Las Vegas. MGM Growth Properties is based in Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Leisure) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1975 |
| Sector | Gaming |
| Employees | 15,771 |
| Revenue | 3.6B USD (2022) |
Boyd Gaming is a casino entertainment company serving the US market. Boyd Gaming has wholly-owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, and hold a 50% non-controlling interest in a limited liability company in New Jersey. Boyd Gaming was incorporated in 1975 and is based in Las Vegas, Nevada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Leisure) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-25 |
Cannery Casino Resorts - Las Vegas Assets
Las Vegas, Nevada, United States Cannery Casino Resorts - Las Vegas Assets located in North Las Vegas, and Eastside Cannery Casino and Hotel, located adjacent to Sam's Town Hotel & Gambling Hall on Boulder Highway in the eastern part of the Las Vegas Valley. Casino features an 80,000-square-foot casino, a 200-room hotel, five restaurants and five bars, a 30,000-square-foot entertainment venue, and a 14-screen movie theater. Eastside Cannery has a 64,000-square-foot casino, more than 300 hotel rooms, five restaurants and four bars, 20,000 square feet of meeting and ballroom space, and a 250-seat entertainment lounge. |
Buy | $230M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-03 |
Lattner Entertainment Group Illinois
Ottawa, Illinois, United States Lattner Entertainment Group Illinois LLC is a distributor gaming operator with nearly 1,000 gaming units in more than 200 locations across the state of Illinois. |
Buy | - |
