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In August 2002, MGM Grand Detroit acquired 25 acres of nearby property for an undisclosed price from DTE Energy. [5] In 2005, the MGM Grand Detroit Casino was the subject of a possible sale when parent company MGM MIRAGE announced that it was acquiring rival casino company Mandalay Resort Group, owners of the MotorCity Casino.
The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. [15] In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines, and was forced to sell a majority of his casino company, International Leisure, to Hilton Hotels at a steep discount.
MGM Resorts International and former MGM Mirage projects and properties — of the company based in Paradise, Clark County, Nevada. Subcategories This category has the following 4 subcategories, out of 4 total.
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