MGM Resorts purchased the Las Vegas Strip hotel-casino from Blackstone last year.
MGM Resorts International
“We’re not in favor of any tax dollars put into this,” said MGM Resorts International CEO Bill Hornbuckle during the company’s earnings call with investors.
The Las Vegas company announced that Japan’s Ministry of Land, Infrastructure, Transport and Tourism has officially certified its area development plan.
The sale, marks a new chapter for a property that once had unspeakable violence.
Thanks to revenue generated by its newest property, The Cosmopolitan of Las Vegas, and a full quarter of revenue from Aria, the company generated more than $2.3 billion.
After the closing of a $1.625 billion deal Tuesday, MGM Resorts International is now the official owner of the 3,033-room Strip property.
Matt Goss’ song about chasing fame is as current as the latest Twitter post.
Hans Klok and “Thunder From Down Under” will have a fancy new room at Excalibur.