{"id":280,"date":"2024-06-28T21:17:44","date_gmt":"2024-06-28T18:17:44","guid":{"rendered":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/"},"modified":"2024-06-28T21:17:44","modified_gmt":"2024-06-28T18:17:44","slug":"mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition","status":"publish","type":"post","link":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/","title":{"rendered":"MGM Growth Properties Reports Third-Quarter Earnings Before VICI Acquisition"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/SBJc39q4XZM\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>MGM Growth Properties (MGP) experienced a decline in its third-quarter earnings before being acquired by VICI Properties for a hefty $17.2 billion.  Income remained consistent at $194.3 million.<\/p>\n<p>MGP, which possesses a collection of hotels managed by MGM Resorts, including the renowned MGM Grand, Mandalay Bay, and The Mirage, witnessed revenue mirroring that of 2020. This encompassed $188.3 million in rental income and $6 million in ground lease revenue.<\/p>\n<p>Nevertheless, expenditures escalated by 9.5% to $74 million. Depreciation constituted the most substantial expense, although it decreased by 1.0% to $57.6 million. The surge in costs was primarily attributed to $6.3 million in newly incurred acquisition-related expenses. The company also incurred $5.9 million in ground lease expenses and $3.9 million in management fees.<\/p>\n<p>Consequently, MGP\u2019s operating income dwindled to $120.3 million, representing a 5.1% reduction. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MGM Growth Properties (MGP) experienced a decline in its third-quarter earnings before being acquired by VICI Properties for a hefty $17.2 billion. Income remained consistent at $194.3 million. MGP, which possesses a collection of hotels managed by MGM Resorts, including the renowned MGM Grand, Mandalay Bay, and The Mirage, witnessed revenue mirroring that of 2020. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MGM Growth Properties Sold for $17.2 Billion<\/title>\n<meta name=\"description\" content=\"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"MGM Growth Properties Reports Third-Quarter Earnings Before VICI Acquisition\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Dreams Become Reality | Secure &amp; Licensed Games\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T18:17:44+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/\",\"url\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/\",\"name\":\"MGM Growth Properties Sold for $17.2 Billion\",\"isPartOf\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-28T18:17:44+00:00\",\"dateModified\":\"2024-06-28T18:17:44+00:00\",\"author\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.\",\"breadcrumb\":{\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/clubplayernodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MGM Growth Properties Reports Third-Quarter Earnings Before VICI Acquisition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/clubplayernodepositbonuscodes.icu\/\",\"name\":\"Where Casino Dreams Become Reality | Secure &amp; Licensed Games\",\"description\":\"Unlock the secrets of casino success through our fresh news, honest game reviews, and informative insights. Stay informed and maximize your gambling experience at our platform.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/clubplayernodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/clubplayernodepositbonuscodes.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MGM Growth Properties Sold for $17.2 Billion","description":"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/","og_locale":"en_GB","og_type":"article","og_title":"MGM Growth Properties Reports Third-Quarter Earnings Before VICI Acquisition","og_description":"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.","og_url":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/","og_site_name":"Where Casino Dreams Become Reality | Secure &amp; Licensed Games","article_published_time":"2024-06-28T18:17:44+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/","url":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/","name":"MGM Growth Properties Sold for $17.2 Billion","isPartOf":{"@id":"https:\/\/clubplayernodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-28T18:17:44+00:00","dateModified":"2024-06-28T18:17:44+00:00","author":{"@id":"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"MGM Growth Properties (MGP) was acquired by VICI Properties for a massive $17.2 billion. Despite a decline in earnings, income remained steady.","breadcrumb":{"@id":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/clubplayernodepositbonuscodes.icu\/2024\/06\/28\/mgm-growth-properties-reports-third-quarter-earnings-before-vici-acquisition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/clubplayernodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"MGM Growth Properties Reports Third-Quarter Earnings Before VICI Acquisition"}]},{"@type":"WebSite","@id":"https:\/\/clubplayernodepositbonuscodes.icu\/#website","url":"https:\/\/clubplayernodepositbonuscodes.icu\/","name":"Where Casino Dreams Become Reality | Secure &amp; Licensed Games","description":"Unlock the secrets of casino success through our fresh news, honest game reviews, and informative insights. Stay informed and maximize your gambling experience at our platform.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/clubplayernodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/clubplayernodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/clubplayernodepositbonuscodes.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/280"}],"collection":[{"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=280"}],"version-history":[{"count":0,"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/280\/revisions"}],"wp:attachment":[{"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clubplayernodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}