Weil Advises MGM Resorts in its Pending $450M Sale of the Operations of Gold Strike Casino Resort

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. The transaction is expected to close in the first half of 2023, subject to customary closing conditions and regulatory approvals.

The Weil team advising MGM Resorts International is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Sachin Kohli, Mergers & Acquisitions counsel Rachel Shapiro and Mergers & Acquisitions associates Alyssa KutnerKarl de la Roche and Chelsea Carpenter (Not Yet Admitted in New York). 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 associate 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 KimTyler 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. Barry; Employment Litigation counsel Rebecca Sivitz; Employment Litigation associate Omar Abdel-Hamid (Not Yet Admitted in New York); and Securities Litigation partner Evert Christensen.