MGM Said Close to $1.13 Billion Sale of Las Vegas Mall to Simon

  • Mall is part of MGM's CityCenter casino, hotel complex
  • Casino operator has been trying to reduce its debt load

MGM Resorts International has reached an agreement to sell its Shops at Crystals mall in Las Vegas to a Simon Property Group Inc. partnership for $1.13 billion, according to a person with knowledge of the transaction.

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