Hard Rock completes $1.08bn Mirage purchase from MGM

Hard Rock International has completed the acquisition of the Mirage Hotel & Resort in Las Vegas, Nevada from MGM Resorts International for $1.08bn (£890.0m/€1.02bn).

vegas-g0e80aeec3_1920

The deal was agreed in December of last year and closed following approval from the Nevada Gaming Commission, with Hard Rock assuming control of the venue at 6am local Las Vegas time yesterday (December 19).

The 3,044-room casino resort will continue to operate as the Mirage Hotel & Casino until the renovation and rebranding of the property to the Hard Rock Hotel & Casino Las Vegas is complete.

Read the full story on iGB North America.