MGM’s Sale of Mirage for a Rich Price Highlights Vegas Appeal

 MGM’s Sale of Mirage for a Rich Price Highlights Vegas Appeal

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https://www.barrons.com/articles/mgms-sale-of-mirage-for-a-rich-price-highlights-vegas-appeal-51639499213


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Las Vegas is the hottest gambling market in the world.

  The deal by MGM Resorts International (ticker MGM) Monday to sell the operations of its Mirage hotel and casino on the Vegas Strip to Hard Rock International for $1.075 billion highlights the lofty prices being paid for Vegas properties at a time when Wall Street is wary about Macau for political reasons.

Macau…


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