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treasure island resort and casino las vegas nvIn the sale-leaseback of Bellagio to BREIT announced last October, MGM agreed to an initial annual rent of 5 million.Still, Fitch believes the Mirage operator is going to burn more cash than expected this year due to the zero-revenue scenario now facing the gaming industry.5x, and the company’s cash burn to be . checks for individuals earning less than ,000 per year (the payments continue for up to ,000 per year earners at a reduced rate).The downside is the deals create new fixed costs for the seller-turned-lessor.5x, and the company’s cash burn to be .mgm grand casino connecticut