{"id":123983,"date":"2021-12-14T17:48:24","date_gmt":"2021-12-14T17:48:24","guid":{"rendered":"https:\/\/fin2me.com\/?p=123983"},"modified":"2021-12-14T17:48:24","modified_gmt":"2021-12-14T17:48:24","slug":"las-vegas-fully-reopens-to-100-percent-capacity","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/","title":{"rendered":"Las Vegas fully reopens to 100 percent capacity"},"content":{"rendered":"<p><cite>New York (CNN Business)<\/cite>MGM Resorts International announced Monday that it&#8217;s selling the operations of The Mirage Hotel &amp; Casino to Hard Rock International for $1.075 billion.<\/p>\n<p>The sale should provide $815 million in net cash proceeds, MGM said. The transaction is expected to close in the second half of 2022.<br \/>\n&#8220;This announcement marks the culmination of a series of transformational transactions for MGM Resorts during the last several years,&#8221; said Paul Salem, MGM&#8217;s chairman, in a statement. &#8220;&#8221;The monetization of our entire real property portfolio, together with the addition of CityCenter and our agreement to acquire The Cosmopolitan of Las Vegas, will position the Company with a fortress balance sheet, premier portfolio, and significant financial resources to pursue our strategic objectives.&#8221;<\/p>\n<ul><\/ul>\n<p><img decoding=\"async\" alt=\"Casino stocks are looking like a big gamble \" class=\"media__image\" src=\"\/\/cdn.cnn.com\/cnnnext\/dam\/assets\/211129081416-wynn-hotel-las-vegas-file-large-169.jpg\"><br \/>\nMGM put The Mirage, which it had owned for 21 years, up for sale in November. It told analysts at the time that it didn&#8217;t want to invest more money into the 32-year-old property.<\/p>\n<ul><\/ul>\n<p>The Mirage is located in the heart of the Las Vegas Strip and is known for its exploding volcano. MGM acquired the property in 2000. MGM owns about a dozen properties in Las Vegas, including the Bellagio, MGM Grand and Mandalay Bay.<\/p>\n<ul><\/ul>\n<p>The Mirage name may not stay. MGM Resorts will license The Mirage name and brand to Hard Rock royalty-free for up to three years &#8220;while it finalizes its plans to rebrand the property.&#8221;<br \/>\n<em>&#8211; CNN&#8217;s Jordan Valinsky contributed to this report. <\/em><br \/>\nSource: <a href=\"https:\/\/edition.cnn.com\/2021\/12\/13\/business\/mirage-mgm-hard-rock\/index.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (CNN Business)MGM Resorts International announced Monday that it&#8217;s selling the operations of The Mirage Hotel &amp; Casino to Hard Rock International for $1.075 [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":123982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Las Vegas fully reopens to 100 percent capacity - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Las Vegas fully reopens to 100 percent capacity - Fin2me\" \/>\n<meta property=\"og:description\" content=\"New York (CNN Business)MGM Resorts International announced Monday that it&#8217;s selling the operations of The Mirage Hotel &amp; Casino to Hard Rock International for $1.075 [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-14T17:48:24+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/12\/Las-Vegas-fully-reopens-to-100-percent-capacity-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/\",\"url\":\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/\",\"name\":\"Las Vegas fully reopens to 100 percent capacity - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-12-14T17:48:24+00:00\",\"dateModified\":\"2021-12-14T17:48:24+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Las Vegas fully reopens to 100 percent capacity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Las Vegas fully reopens to 100 percent capacity - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/","og_locale":"en_US","og_type":"article","og_title":"Las Vegas fully reopens to 100 percent capacity - Fin2me","og_description":"New York (CNN Business)MGM Resorts International announced Monday that it&#8217;s selling the operations of The Mirage Hotel &amp; Casino to Hard Rock International for $1.075 [...]","og_url":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/","og_site_name":"Fin2me","article_published_time":"2021-12-14T17:48:24+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/12\/Las-Vegas-fully-reopens-to-100-percent-capacity-.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/","url":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/","name":"Las Vegas fully reopens to 100 percent capacity - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-12-14T17:48:24+00:00","dateModified":"2021-12-14T17:48:24+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/las-vegas-fully-reopens-to-100-percent-capacity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Las Vegas fully reopens to 100 percent capacity"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/123983"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=123983"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/123983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/123982"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=123983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=123983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=123983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}