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Mandalay Bay has 3,209 rooms, excluding the other on-site hotels. [90] The Mandalay Bay tower is built out in a Y-shaped layout. [91] Rows of gold neon tubing run up the tower's sides, in between mirrored, gold-colored windows. [92] Although the tower is 43 stories, the top four floors are numbered 60 through 63.
Following the completion of Mandalay Bay in 1999, the name of the company was changed to Mandalay Resorts Group. [17] [18] On December 14, 1999, MotorCity Casino Hotel opened. On May 23, 2002, the Mandalay Resort Group announced a second 1,122-room hotel tower at their Mandalay Bay property, with a cost of at least $200 million.
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.
The Michelob Ultra Arena, formerly the Mandalay Bay Events Center, is a 12,000-seat multi-purpose indoor arena at the Mandalay Bay Resort and Casino, located on the Las Vegas Strip in Paradise, Nevada. [1] It is owned and operated by MGM Resorts International, and was opened on April 10, 1999.
It was developed by original owner Mandalay Resort Group, at a cost of $236 million. Construction began in 2001, but was temporarily halted due to the economic impact of the September 11 attacks. The Mandalay Bay Convention Center opened on January 6, 2003, with 1,500,000 sq ft (140,000 m 2). MGM acquired the facility two years later.
The Mandalay Bay Tram is a Cable Liner Shuttle installation consisting of an elevated 2,749-foot-long (838 m) guideway with two completely independent shuttle systems running side-by-side. [4] The guideway alignment passes above street level at a height of between 16 and 26 ft (4.9 and 7.9 m). [ 4 ]