![]() “As we looked at capital allocation, we have enough of Las Vegas,” Hornbuckle said on Wednesday’s call. ![]() The Mirage fell down MGM’s list of financial priorities amid a changing business model increasingly focused on digital gaming and away from the headache of owning real estate. ![]() The sale exploration talks come after the company announced plans in September to acquire the operations at the Cosmopolitan of Las Vegas for $1.6 billion and won a bid to become a resort partner to bring a casino to Osaka, Japan. The company, which operates about 40,000 hotel rooms across 13 resorts in Las Vegas, plans to sell operations of The Mirage, MGM Resorts CEO William Hornbuckle announced Wednesday on a third quarter earnings call. Even MGM Resorts hits a limit on how much of Sin City it can take.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |