MGM Mirage
MGM Mirage is a
Las Vegas, Nevada based business engaged in the development, ownership and operation of hotels and casinos throughout the world. The company began operations on May 31,2000 after the completion of the $6.4 Billion U.S. Dollars merger of
MGM Grand Inc. and
Mirage Resorts Inc. Prior to the merger of the two companies,
MGM Grand had been in operation since the 1960's and
Mirage Resorts (
Formerly Golden Nugget Companies, Inc.) had been in operation since the 1970's.
On June 26,2003 MGM Mirage announced that they have entered into a definitive agreement to sell it's Golden Nugget Hotel/Casino properties located in Las Vegas, Nevada and Laughlin, Nevada to Poster Financial Group. The sale is expected to be completed sometime in 2004 pending normal governmental approvals.
MGM Mirage's common stock is publicly traded on the New York Stock Exchange under the ticker symbol 'MGG'. Billionaire Kirk Kerkorian and his Tracinda Corporation are currently the majority owners of MGM Mirage. Mr.Kerkorian also is the majority owner of the Metro-Goldwyn-Mayer movie studio from which MGM Mirage's name is partly detrived from.
The company's corporate headquarters is located at 3600 Las Vegas Boulevard South, Las Vegas Nevada 89109.
Current MGM Mirage Properties
All properties are wholly owned subsidaries except where indicated.
- Beau Rivage Hotel/Casino, Biloxi Mississippi
- Bellagio Hotel/Casino, Las Vegas
- Boardwalk Hotel/Casino (Formerly Boardwalk Casino & Holiday Inn), Las Vegas Nevada
- Borgata Hotel/Casino and Spa, Atlantic City New Jersey (50% owner through Marina District Development Corporation, LLC)
- Golden Nugget Casino/Hotel, Las Vegas Nevada
- Golden Nugget Casino/Hotel, Laughlin Nevada
- MGM Grand Hotel/Casino, Darwin Australia
- MGM Grand Hotel/Casino and City of Entertainment, Las Vegas Nevada
- MGM Grand Detroit Casino, Detroit Michigan (50% owner in partnership with Partners Detroit, L.L.C.)
- MGM Mirage Vacations, Milwaukee Wisconsin
- Mirage Hotel/Casino, Las Vegas Nevada
- Monte Carlo Hotel/Casino, Las Vegas (50% owner in partnership with Mandalay Resort Group)
- New York New York Hotel/Casino, Las Vegas Nevada
- Primm Valley Resorts, Primm Valley Nevada
- Shadow Creek Golf Course, North Las Vegas Nevada
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