MGM Mirage to buy land in Vegas
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From the Associated Press
Casino company MGM Mirage Inc. said it agreed to buy several pieces of land on the north end of the Las Vegas Strip for $575 million that would give it a 78-acre site to plan a “major integrated resort destination.”
The company said it agreed to buy a 26-acre parcel from Gordon Gaming Corp. for $444 million and eight acres from Concord Wilshire Acquisitions for $131 million.
MGM Mirage also owns the adjacent Circus Circus hotel casino, which the firm said it would “expand and enhance.”
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