MGM Grand Inc.
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| Fate | merged with Mirage Resorts |
|---|---|
| Successor(s) | MGM Mirage |
| Founded | Johannesburg, South Africa October 1, October 1, 1998 |
| Founder(s) | Kirk Kerkorian |
| Defunct | May 31, 2000 |
| Number of locations | 6 |
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MGM Grand Inc. was formed by Kirk Kerkorian as a casino owner and operator.[1]
[edit] History
On October 1, 1998 the company opened a temporary casino in Johannesburg, South Africa. It announced a plan to acquire Primadonna Resorts, Inc. on November 9, 1999. This would add three casinos and two golf courses near Primm, Nevada and give the company 100% ownership of the New York New York Hotel/Casino.
The company ceased operations on May 31, 2000 when it merged with Mirage Resorts Inc. to become MGM Mirage. This action was the result of an offer made on February 23, 2000.
[edit] Properties owned at time of merger
- MGM Grand Las Vegas
- MGM Grand Detroit, Detroit Michigan (98% owner in partnership with Partners Detroit, L.L.C. which owns the remaining 2%)
- New York-New York Hotel & Casino, Las Vegas, Nevada
- MGM Grand Darwin (Sold to SKYCITY Entertainment and now known as SKYCITY Darwin)
- MGM Grand Johannesburg (Sold to private South African interests)
- Whiskey Pete's
- Buffalo Bill's
- Primm Valley Resort
[edit] References
- ^ Funding Universe. "MGM Grand Inc.". http://www.fundinguniverse.com/company-histories/MGM-Grand-Inc-Company-History.html. Retrieved 28 December 2009.
