Mirage Sale Benefits Caesars, Wynn, Says AnalystWritten by: Todd Shriber

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On Monday, MGM Resorts International (NYSE:MGM) announced the sale of the Mirage operating rights to Hard Rock International for $1.075 billion. There are potential benefits in that deal for rival gaming companies. That price tag was surprisingly high, and underscores the desirability of Las Vegas Strip assets, even when real estate isn’t included. In a
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