NJ, MGM Resorts Ink $72M Deal Over Property Tax Appeals

By Bill Wichert (February 15, 2017, 9:24 PM EST) -- New Jersey officials on Wednesday announced a deal to pay $72 million to MGM Resorts International to resolve outstanding property tax appeals filed by the company's Borgata Hotel Casino & Spa in Atlantic City, saying the move would save taxpayer dollars as the state oversees the fiscal recovery of the struggling resort town....

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