MGM agrees to sell Northfield Park operations for $546 million
MGM Resorts International said it had agreed to sell the operations of MGM Northfield Park in Ohio to funds managed by Clairvest Group for $546 million in cash. The transaction is expected to close in the first half of 2026, subject to regulatory approvals; MGM estimated net proceeds after taxes and transaction costs at about $420 million.
The proposed sale would transfer Northfield Park operations and generate estimated net proceeds for MGM.