
MGM is selling Mirage casino: 'We have enough of Las Vegas'
CNN
MGM Resorts is putting the Mirage resort and casino in Las Vegas up for sale, ending a 21-year ownership of one of the strip's most famous properties.
The company made the announcement in its earnings call late Wednesday, explaining to analysts that it doesn't want to invest more money into the 32-year-old property best known for its exploding volcano. No buyers or price for the Mirage were revealed.
MGM Resorts CEO Bill Hornbuckle said on the call they are in the "early stages of a process to sell the operations" of the Mirage. "Doing so will allow us to maintain our existing Las Vegas exposure while focusing on the complementary and diverse nature of our offerings in our hometown," he said.

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