VICI Properties, which is a real estate investment trust (REIT) that owns the Gold Strike Tunica real estate, will work with Cherokee National Entertainment on a new lease agreement. The transaction is due to close by Q1 next year. The casino company announced the $450m cash sale on Tuesday to Cherokee Nation Entertainment Gaming Holdings, which is a subsidiary of Cherokee Nation Businesses. Barry Employment Litigation counsel Rebecca Sivitz Employment Litigation associate Omar Abdel-Hamid (Not Yet Admitted in New York) and Securities Litigation partner Evert Christensen.MGM Resorts International is selling the operations of the Gold Strike Tunica casino in Mississippi.

The team also includes Real Estate partners Michael Bond and Jannelle Seales Real Estate associates Karen Luo and Alexa King (Not Yet Admitted in New York) Tax Head Joseph Pari Tax associates Brian Senie and Adam Romig Executive Compensation & Benefits Head Paul Wessel Executive Compensation & Benefits partner Amanda Rotkel Executive Compensation & Benefits associate Nate Gross (Not Yet Admitted in New York) Technology & IP Transactions Co-Head Charan Sandhu Technology & IP Transactions/Privacy counsel Olivia Greer Technology & IP Transactions/Privacy associates Catherine Kim, Tyler Fredricks and Tamsin Kantor Environmental Head Annemargaret Connolly Environmental counsel Matthew Morton Antitrust Head Steven Newborn Antitrust partner Brianne Kucerik Antitrust associate Drew Cypher Employment Litigation Head John P. Aiello and includes Mergers & Acquisitions partner Sachin Kohli, Mergers & Acquisitions counsel Rachel Shapiro and Mergers & Acquisitions associates Alyssa Kutner, Karl de la Roche and Chelsea Carpenter. The Weil team advising MGM Resorts International is led by Mergers & Acquisitions partner Michael J.

The transaction is expected to close in the first half of 2023, subject to customary closing conditions and regulatory approvals. Weil is advising MGM Resorts International in its pending $450 million sale of the operations of Gold Strike Casino Resort in Tunica, Mississippi to CNE (a subsidiary of Cherokee Nation Businesses), the gaming and hospitality company of the Cherokee Nation.

Who owns gold strike casino