mgm resorts international
New York-New York Hotel & Casino Launches $63 Million Guest Room Remodel
New York-New York | August 16, 2022
LAS VEGAS (August 16, 2022) –New York-New York launched a $63 million room remodel project this week of its 1,830 rooms and 155 of its suites. When completed in the summer of 2023, the accommodations will feature vibrant new designs and upgraded in-room amenities that will appeal to travelers from around the world. Crafted by hospitality design firm HVS Design in partnership with MGM Resorts International Design Group, the design aesthetic draws inspiration from the energy and excitement of two of the world’s great cities -- Las Vegas and New York City. The remodel features design details that harken to New York City, such as rooms wi...
MGM Resorts International Completes Acquisition of Las Vegas’ The Cosmopolitan Operations for $1.625 Billion
MGM Resorts International | May 18, 2022
LAS VEGAS, May 18, 2022 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "company") today announced the closing of its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the "property" or "The Cosmopolitan") for cash consideration of $1.625 billion. With the closing of the transaction, The Cosmopolitan of Las Vegas officially joins MGM Resorts' roster of iconic brands along the Las Vegas Strip. "This is a big moment for our company and for the Las Vegas Strip. The Cosmopolitan of Las Vegas has already established itself as one of the Strip's premier resorts with an iconic brand, w...
MGM Resorts International Reports Fourth Quarter and Full Year 2021 Financial and Operating Results
MGM Resorts International | February 10, 2022
LAS VEGAS, NV - February 10, 2022 - MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2021. "Our record fourth quarter results are a testament to our talented team across the globe, our sharpened focus on operational efficiency and the proven resiliency of demand for the service and experiences that we provide at MGM Resorts," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International. "The strategic milestones we achieved in 2021 position us for further success in 2022, and we remain excited about our lon...
Brandon Dardeau Named MGM Resorts Southeast Operations President & COO
BEAU RIVAGE | January 12, 2022
BILOXI, MS - January 12, 2022 - MGM Resorts International has announced the appointment of Brandon Dardeau as President & Chief Operating Officer of Southeast Operations which includes Gold Strike Casino Resort in Tunica, Miss. and Beau Rivage Resort & Casino in Biloxi, Miss., where he will oversee daily operations while providing strategic direction and leadership. A 20-year veteran of the hospitality and gaming industry, Dardeau most recently served as General Manager and Senior Vice President of Marketing & Operations for Gold Strike in Tunica, Mississippi. Dardeau began his career with MGM Resorts International as a Casino ...
Travis Lunn Named President & COO of Borgata Hotel Casino & Spa
MGM Resorts International | January 12, 2022
ATLANTIC CITY, NJ – January 12, 2022 – MGM Resorts International has announced the appointment of Travis Lunn as President & Chief Operating Officer (COO) of Borgata Hotel Casino & Spa. He will oversee the resort’s daily operations and provide strategic leadership and direction. Lunn will assume the role previously held by Melonie Johnson, who is returning to the company’s MGM National Harbor property as President & COO. Most recently, Lunn served as the MGM Resorts Southeast Group President & COO, where he led Beau Rivage Resort & Casino in Biloxi, Mississippi and Gold Strike Casino Resort in Tunica, Mississip...
Travis Lunn Named President & COO of Borgata Hotel Casino & Spa
January 6, 2022
ATLANTIC CITY, NJ., (January 5, 2022) – MGM Resorts International has announced the appointment of Travis Lunn as President & Chief Operating Officer (COO) of Borgata Hotel Casino & Spa. He will oversee the resort’s daily operations and provide strategic leadership and direction. Lunn will assume the role previously held by Melonie Johnson, who is returning to the company’s MGM National Harbor property as President & COO. Most recently, Lunn served as the MGM Resorts Southeast Group President & COO, where he led Beau Rivage Resort & Casino in Biloxi, Mississippi and Gold Strike Casino Resort in Tunica, Mississi...
VICI Properties Inc. Enters Into Agreements Relating to the Mirage Hotel & Casino in Las Vegas
VICI Properties | December 14, 2021
NEW YORK, NY - December 14, 2021 - VICI Properties Inc. (“VICI Properties” or “VICI” or the “Company”) announced today that, in connection with MGM Resorts International’s (“MGM Resorts”) agreement to sell the operations of The Mirage Hotel & Casino (the “Mirage”), located in Las Vegas, NV, to Hard Rock International (“Hard Rock”), VICI has agreed to enter into a new separate lease with Hard Rock related to the operations of the Mirage (the “Mirage Lease”) and also enter into an amendment to the Master Lease to be made by and between VICI Properties and MGM Resorts (the “MGM Master Lease”). The transac...
MGM to Sell Operations of The Mirage to Hard Rock for $1.075 Billion
MGM Resorts International | December 14, 2021
LAS VEGAS, NV - December 14, 2021 - MGM Resorts International ("MGM Resorts" or the "Company") (NYSE: MGM) today announced it has reached an agreement to sell the operations of The Mirage Hotel & Casino ("The Mirage") to Hard Rock International ("Hard Rock") for $1.075 billion in cash, subject to customary working capital adjustments. "This transaction is a significant milestone for MGM Resorts, and for Las Vegas," said Bill Hornbuckle, CEO & President, MGM Resorts International. "As part of the team that opened The Mirage in 1989, I know firsthand how special it is, and what a great opportunity it presents to the Hard Rock...
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