![]() ![]() ![]() “But as we look at capital allocation and we looked at the notion of diversification. It was built to last,” MGM Chief Executive Officer Bill Hornbuckle said on a call with investors Wednesday. It will begin seeking bids at a time when Las Vegas resorts have been fetching record prices. The company wants to reduce its exposure to the Las Vegas Strip and is unwilling to invest more in the aging property. (Bloomberg) - MGM Resorts International is putting the Mirage in Las Vegas up for sale, parting with a property known for its lava-spewing volcano and tiger attraction.
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