MGM RESORTS INTERNATIONAL
COMPANY HISTORY

MGM MIRAGE was formed when MGM Grand, Inc. acquired Mirage Resorts, Inc. on May 31, 2000, in what was, at that time, the largest transaction of its kind in the gaming industry, valued at $6.4 billion. MGM MIRAGE acquired Mandalay Resort Group in March 2005 for $7.9 billion and retained the MGM MIRAGE name until 2010, when the Company was renamed MGM Resorts International.

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MGM Resorts Owns a Lot of Casinos in Las Vegas Mandalay Bay and MGM Resorts merged nearly 15 years ago to become one of the biggest casino-owning companies in the city. Some (but not all) of the casinos in Las Vegas they own include the following. MGM Growth Properties LLC has said it is “definitely interested” in buying a large Las Vegas Strip casino, provided it can find a suitable tenant to operate it. The news comes just one week after casino resort operator Las Vegas Sands announced it was in early talks to sell $6bn worth of its Sin City assets.

Prior to the Mirage Resorts acquisition, MGM Grand, Inc. owned and operated the MGM Grand Hotel and Casino in Las Vegas, Nevada. The hotel commenced operations December 18, 1993 and was billed as the largest hotel and casino in the world. The Company also owned New York-New York Hotel and Casino in Las Vegas; Whiskey Pete’s, Buffalo Bill’s and the Primm Valley Resort in Primm, Nevada; MGM Grand Detroit Casino; MGM Grand Australia in Darwin, Australia; and also managed casinos in Nelspruit, Witbank and Johannesburg, Republic of South Africa. The Company sold its South African interests in 2002, its Darwin resort in 2004, and its Primm Resorts in 2007.

Earn and redeem Reward Credits at over 55 resorts and casinos around the world. Choose your dream destination today. Harrah's Ak-Chin Hotel And Casino, Maricopa. MGM Resorts International has many hotels and casinos all around the United States. While many of the casino resorts are located in Las Vegas, MGM Resorts features a number of Vegas-style resorts throughout the Midwest & East Coast.

Through predecessor companies, MGM Grand developed and built some of the largest and most elaborate hotels and casinos of their time dating back to the late 1960s. Those resorts included the International Hotel (sold to Hilton in 1971 and now known as the Las Vegas Hilton) and the original MGM Grand in Las Vegas, and the MGM Grand in Reno (both sold to Bally’s in 1986).
Mirage Resorts, Inc. had a history of developing some of the world’s most successful and acclaimed resort properties. Mirage Resorts was first licensed by the Nevada Gaming Commission in 1946 under the name “Golden Nugget, Inc.” and in 1991 adopted the Mirage Resorts name. At the time of the merger with MGM Grand, Inc., it was the oldest established gaming company in the state and its holdings included Bellagio, The Mirage, Treasure Island (TI) and Golden Nugget in Las Vegas; Monte Carlo, a joint venture with Mandalay Resort Group; the Golden Nugget in Laughlin, Nevada; Beau Rivage in Biloxi, Mississippi; and Borgata, a joint venture with Boyd Gaming Corp. MGM MIRAGE sold Golden Nugget in Las Vegas and Golden Nugget in Laughlin in 2004. MGM MIRAGE sold Treasure Island in 2009.
Mandalay Resort Group was a leading owner and operator of world-class entertainment destinations in Las Vegas and other key regions of the United States. Founded in 1968 as Circus Circus Enterprises, Inc., the company owned 15 resorts nationwide plus 50 percent of Monte Carlo Hotel & Casino on the Las Vegas Strip when it merged with MGM MIRAGE. The diverse mix of properties included Mandalay Bay Resort & Casino, Luxor, Excalibur, Circus Circus and Slots-A-Fun in Las Vegas; Circus Circus Reno; Colorado Belle and Edgewater in Laughlin; Gold Strike and Nevada Landing in Jean and Railroad Pass in Henderson, and Gold Strike, a hotel/casino in Tunica County, Mississippi.
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According to the best data I could find on the subject, you can gamble at any of 136 total casinos in Las Vegas.

But they’re not all separate business entities.

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In fact, most of them are not individual businesses. Most of the casinos on the Strip are owned by one of four different companies.

Who owns the Las Vegas casinos?

This post offers some answers.

Not every business in Las Vegas counts as a casino, and some of the casinos included in that tally of 136 casinos are located just outside the Las Vegas city limits.

When most people think of Las Vegas these days, they think of the Strip, which is in Paradise and Winchester — both unincorporated towns just outside the city limits.

Also, for purposes of this tally, I’m not including small local businesses with a gambling machine or two — you can find plenty of bars and gas stations that fit that criteria. None of them are what I would call a casino, although definitions vary.

Any business with more than 15 slot machines or that offers tables games (like blackjack, craps, or roulette) can safely be included under the category of “casino,” though.

Most of the casinos in Las Vegas are either on (or just off) the Strip or on Boulder Highway. Between just those two locations, you’ll find over 90 of those 136 casinos.

Downtown Las Vegas also has a couple of dozen casinos, and the rest are in North Las Vegas.

Together, Las Vegas casinos generate $10 billion a year in revenue. About two-thirds of that is generated from casinos on the Strip.

MGM Resorts Owns a Lot of Casinos in Las Vegas

Mandalay Bay and MGM Resorts merged nearly 15 years ago to become one of the biggest casino-owning companies in the city. Some (but not all) of the casinos in Las Vegas they own include the following.

Aria
Bellagio
Circus Circus
CityCenter
Delano
Excalibur
Luxor
Mandalay Bay
MGM Grand
The Mirage
New York New York
Park MGM (Used to be the Monte Carlo)
Vdara

That’s a huge number of casinos on the Las Vegas Strip for one company to own — almost 25% of the properties on the Strip, in fact.

And since these are some of the largest casinos on the Strip, MGM Resorts controls a larger number of the gambling action than you might expect. They probably account for 40% or 45% of the gambling revenue on the Strip.

In the last couple of years, MGM Resorts has started moving into the online gaming space, too. They recently signed a partnership agreement with Yahoo Sports to provide sports betting functionality.

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Caesars Entertainment Is the Other Big Player in Las Vegas Casinos

Caesars Entertainment got big as the result of a merger between Caesars and Harrah’s. They own the following casinos.

Bally’s
Caesars Palace
The Cromwell
Flamingo
Harrah’s
Linq
O’Sheas
Paris
Planet Hollywood
Rio Suites
Harrah’s in Laughlin

https://omegarenew.amebaownd.com/posts/15443586. Caesars is the fourth-largest gaming company in the world, and they generate $8.6 billion a year in revenue. Not all of that is generated by their Las Vegas properties, but a huge chunk of it is.

Caesars also owns close to 96 acres of undeveloped land near the Las Vegas Strip. I’m betting that they’ll add more casinos there at some point, but this post is about who owns which casinos in Las Vegas now, not in the future, so I’ll save the speculation for later.

Boyd Gaming Is Probably the Biggest Casino Company You’ve Never Heard Of

Boyd Gaming runs multiple casino properties from its headqu

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