MGM buying full stake in top Atlantic City casino

Posted online June 3, 2016 | 11:30 am

MGM Resorts International penned a deal for Boyd Gaming's 50 percent stake in Atlantic City's top casino. MGM owns the other half.

The company is paying $900 million for the stake in the Borgata casino.

The deal is expected to close in the third quarter.

Read more from The Associated Press.

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