MGM Resorts brought on over $2.7 billion in revenue for the third quarter of this year. However, the company still wants to sell their Mirage Casino and Hotel property on the Las Vegas Strip. Their announcement does come as a bit of a surprise if you consider the earnings report they just released showed revenue growth of 140%. Also, MGM Resorts did just purchase the operational rights to The Cosmopolitan property on the Strip at City Center. Their CEO, Bill Hornbuckle, stated that MGM had another strong quarter which was primarily due to domestic operations, adding that the results showed…

Another Las Vegas resort has joined the ranks of midweek closures. The Mirage Las Vegas shut it’s doors today, ceasing all operations at their casino and restaurants Mondays through Thursdays. Their hotel had already been closed for midweek operations in November. In an announcement, MGM Resorts stated that these closures come as midweek demand has been low due to Coronavirus and the state wide restrictions on large groups. MGM says that they do not anticipate the closures to last beyond February. However, they will “continue evaluating business levels”, leaving the door open for the shut down to last longer. Overall,…