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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.
MGM Grand Detroit: Detroit: Wayne: Michigan: Land-based: MotorCity Casino Hotel: Detroit: Wayne: Michigan: Land-based: Northern Waters Casino Resort: Watersmeet: Gogebic: Michigan: Native American: Owned by the Lac Vieux Desert Band of Lake Superior Chippewa: Odawa Casino Mackinaw: Mackinaw City: Cheboygan: Michigan: Native American: Owned by ...
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.
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 casino advertises via a huge electronic sign on the I-94 freeway, the heavily traveled corridor between Detroit and Chicago. The sign is 50 ft (15 m) tall by 30 ft (9.1 m) wide by 8 ft (2.4 m) deep, and the total structure weighs more than 10 short tons (9,100 kg).
The company was formed on October 23, 2015. [1]On April 25, 2016, the company became a public company via an initial public offering and acquired The Mirage, Mandalay Bay, Luxor Las Vegas, New York-New York Hotel and Casino, Monte Carlo Resort and Casino, Excalibur Hotel and Casino, The Park, Gold Strike Tunica, MGM Grand Detroit, and Beau Rivage from MGM Resorts International.