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hard rock casino and hotelcom)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.MGM is selling Mirage operating rights.(Image: 8NewsNow.free poker ipad onlineIt offers 30 percent upside to the consensus price targecasino night partyt, and 73 percent of the analysts covering rate it a “buy.” The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.In September, the soon-to-be former Mirage operator shelled out .firekeepers casino facebook

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online casino onlineThat deal was announced after MGM sold Aria and Vdara to the private equity behemoth in a sale-leaseback transaction.(Image: 8NewsNow.Today we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.In late 2019, MGM sold the property assets of Bellagio to Blackstone, and Circus Circus to Treasure Island owner Bruce Ruffin.But on the conference call, an analyst said the sale could generate 0 million to 0 million in proceeds for the seller.MGM has been at the forefront of many of those transactions as both buyer and seller.morongo casino resort