This material may not be published, broadcast, rewritten, or redistributed. MGM’s stock jumped 4% in premarket trading following the news of the sale and posting a third-quarter profit. But it’s not completely abandoning the Las Vegas Strip, announcing in September it was buying the Cosmopolitan for $1.6 billion. That transaction is expected to close next year. It’s also expanding sports betting in the United States. MGM is using the money to invest billions of dollars in a new casino in Osaka, Japan. In 2019, MGM sold Circus Circus for $825 million and formed a joint venture with private equity firm Blackstone to acquire the Bellagio’s real estate and lease it back to MGM Resorts in a $4.25 billion agreement. Whereas in New Vegas: The NCR are a poor choice because theyre not exactly the best bunch of people. The Empire has existed for a long time, and its managed to be fair to most of the people under its rule. Mirage is just one of the number of sales that have happened in Las Vegas in recent years. The rebels arent exactly the best bunch, and their leader is morally repugnant and power hungry at best.
The Mirage opened in 1989 under previous owner Steve Wynn and was purchased in 2000 by MGM. MGM owns about a dozen properties in Las Vegas, including the Bellagio, MGM Grand and Mandalay Bay.
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