When The Mirage changed hands this week, it marked the beginning-of-the-end for its iconic volcano attraction. The sale also shed more light on a growing, lucrative real estate trend on Las Vegas … [Read more...] about Sale of Mirage shines light on high-priced casino rents on Strip
MGM Resorts International
Analysts optimistic after casino companies’ solid earnings
A festive mood permeated MGM Resorts International’s recent second-quarter earnings call, with President and CEO Bill Hornbuckle saying the results were “nothing short of spectacular.” MGM Resorts … [Read more...] about Analysts optimistic after casino companies’ solid earnings
Gaming regulators agree with MGM’s $1.6 billion purchase of Cosmopolitan operations
by Howard Stutz, The Nevada Independent, May 4, 2022 MGM Resorts International is one step away from controlling all of the gaming along a two-mile stretch on the west side of the Las Vegas Strip, … [Read more...] about Gaming regulators agree with MGM’s $1.6 billion purchase of Cosmopolitan operations
Regulators delay gaming license for media mogul Diller amid federal investigation
by Howard Stutz, The Nevada Independent, March 18, 2022 The Nevada Gaming Commission has put on hold the licensing approval for media mogul Barry Diller — the largest shareholder in MGM Resorts … [Read more...] about Regulators delay gaming license for media mogul Diller amid federal investigation
MGM Resorts International selling Mirage operations for over $1B
By Colton Lochhead Las Vegas Review-Journal December 13, 2021 The Mirage, the iconic Strip resort that helped usher in the modern era of ultra-luxury in Las Vegas, is being sold by MGM Resorts … [Read more...] about MGM Resorts International selling Mirage operations for over $1B