The Mirage is disappearing from the Las Vegas strip—but new operators Hard Rock will reinvent it as a massive guitar-shaped hotel [Fortune]
MGM Resorts International (MGM)
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Source: Fortune
hotel-casino that opened in 1989 with a fire-spewing volcano outside, and Siegfried & Roy's lions and dolphins inside. Frenzied final days have seen standing-room crowds wagering to win $1.6 million in slot machine progressive jackpot winnings that state regulations say have to be disbursed before the lights go out and a massive transformation of the property begins. Guest rooms are already empty. The Beatles-themed Cirque du Soleil show “Love” ended its 18-year run earlier this month. When gamblers are gone, only memories will remain of former casino mogul Steve Wynn's hotel that revolutionized the casino resort industry. “Las Vegas always reinvents itself,” said Michael Green, a University of Nevada, Las Vegas history professor whose father dealt blackjack for decades at casinos, including the long-ago-imploded Stardust and Showboat. “The Mirage is no longer state-of-the-art.” New operators Hard Rock International and Florida-based Seminole Gaming plan to add 600 rooms to an
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MGM
News
- Atlantic City's top-performing Borgata casino was short on its online gambling taxes by $1.1 million, regulators say [Fortune]Fortune
- Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Jersey says Borgata, Atlantic City's top casino, underpaid its online gambling taxes by $1.1M [Financial Post (Toronto, Ontario, Canada)]Financial Post
- New Jersey says Borgata, Atlantic City's top casino, underpaid its online gambling taxes by $1.1M [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Jersey says Borgata, Atlantic City's top casino, underpaid its online gambling taxes by $1.1M [Yahoo! Finance]Yahoo! Finance
MGM
Earnings
- 7/31/24 - Beat
MGM
Sec Filings
- 9/5/24 - Form 424B2
- 9/3/24 - Form FWP
- 8/23/24 - Form 4
- MGM's page on the SEC website