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Construction on the MGM Grand Las Vegas and the MGM Grand Adventures theme park began in October 1991, [38] and the property opened in December 1993 at a final cost of $1 billion. [39] The park permanently closed in 2002 due to a lack of interest. [40] The company moved its headquarters from Beverly Hills to Las Vegas in July 1992. [41]
MGM Resorts International, the largest employer on the Las Vegas Strip, has joined rival Caesars Entertainment in reaching a tentative deal with the Las Vegas hotel workers union to narrowly avert ...
On September 10, 2014, the New Jersey Casino Control Commission approved MGM Resorts International's licensure to resume its 50 percent ownership stake in the partnership. [3] On August 1, 2016, MGM Resorts International completed the purchase of Boyd Gaming's 50 percent in Marina District Development and The Borgata for $900 million. [4]
The MGM Grand Las Vegas is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada.It is owned by Vici Properties and operated by MGM Resorts International.The resort was developed by Kirk Kerkorian through his company, MGM Grand, Inc. Kerkorian had previously developed another MGM Grand, opened on the Strip in 1973 and renamed Bally's in 1986.
Image source: Getty Images. The most attractive thing about MGM's stock is its price tag. With a forward price-to-earnings (P/E) multiple of around 14, shares trade at a substantial discount to ...
Aria Resort and Casino is a luxury resort and casino, and the primary property at the CityCenter complex, located on the Las Vegas Strip in Paradise, Nevada. It is owned by The Blackstone Group and operated by MGM Resorts International. Construction began on June 25, 2006, with a design by Pelli Clarke Pelli Architects.