Photographer: David Paul Morris/Bloomberg

Vegas Casinos Plan to Leave Warren Buffett’s Nevada Utility

  • MGM will pay exit fee and buy power from another provider
  • Wynn Resorts also filed paperwork to leave NV Energy

Casino giants MGM Resorts International and Wynn Resorts Ltd. are moving forward with plans to stop buying electricity from Warren Buffett’s utility in Nevada, dealing a blow to the billionaire’s power service provider.

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