Travel

MGM on Hunt for Investor to Join Las Vegas Property Venture

Bloomberg

The Mandalay Bay Resort and Casino in Las Vegas. MGM is looking for joint venture investors. Bloomberg

Skift Take: Like other hospitality companies, MGM is pivoting towards an asset-light model and has spent the last year or so preparing for an economic downturn. It should be in good shape if the worst happens.

— Patrick Whyte

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