MGM Mirage (NYSE:MGM) plans to launch non gaming luxury hotels in India. The company will operate under the name of Bellagio and MGM Grand there. Bellagio will be marketed as the super luxury brand with MGM Grand at a slightly lower price.
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Engaged in gaming and resort operations, MGM Mirage owns and operates casino resorts. Its operations are comprised of 17 wholly owned casino resorts, and 50% investments if four other casino resorts. MGM owned and operated resorts in Las Vegas include Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Treasure Island, New York-New York, Excalibur, Monte Carlo, Circus Circus Las Vegas, and Slots-A-Fun.
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