![]() ![]() It will rent the property for up to $60 million a year. MGM Growth Properties, which owns a dozen MGM-branded casino properties, including three in Las Vegas, says it wants to sell the operating contract of the property to a willing operator (OpCo). The facility is licensed and managed by Hard Rock, which will continue under the ownership of MGM Growth Properties. The rocksino has more than 2,300 video lottery terminals, retail, food and beverage, entertainment venues and a racetrack. The contract with Hard Rock International, which runs the property, was part of the sale, so it’s likely a new tenant will be recruited. The company owned the racetrack prior to the opening of the Hard Rock Rocksino and will no longer be involved in the operations. MGM Growth Properties, a spinoff of MGM Resorts International, has announced its purchase of the Hard Rock Rocksino Northfield Park in Northfield, Ohio, for $1.06 billion from Milstein Entertainment LLC.
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