MGM Northfield Park is officially the new name of the property that had been known since December 2013 as the Hard Rock Rocksino Northfield Park.

On Monday, April 1, MGM Resorts International (NYSE: MGM) announced it completed a previously announced deal to buy the operating assets of the Rocksino from MGM Growth Properties LLC (NYSE: MGP) and to lease the property from MGM Growth.

With the deal, the Rocksino has been rebranded MGM Northfield Park. The property has about 950 employees.

MGM Growth closed a deal last July to acquire the Rocksino from Milstein Entertainment for a little more than $1 billion.

Under the deal completed on Monday, an entity called MGM Growth Properties Operating Partnership LP redeemed about 9.4 million of its operating partnership units from a subsidiary of MGM Resorts, representing a purchase price of $275 million, according to an MGM Resorts news release. Following the redemption, MGM Resorts has an ownership stake of about 69% in the operating partnership.

MGM Northfield Park is 16 miles southeast of downtown Cleveland and 18 miles north of Akron along Interstate 271. The 110-acre property includes a 200,000-square-foot gaming facility, 1,900-seat music venue and 250-seat event space. It also includes a year-round horse racetrack, gas station and car wash.

The property is the largest of the seven racino slot operations in the state regulated by the Ohio Lottery Commission.