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Kerkorian eventually quit the business, but the holding company he founded — MGM Grand, Inc. — grew from strength to strength, acquiring Mirage Resorts in 2000. It was the largest gaming industry transaction of its kind at that time. Renamed MGM MIRAGE, the company went on to acquire Mandalay Resort Group in 2005. In 2010, the company changed its name to MGM Resorts International. Since then, MGM Resorts has become a global entertainment brand, owning 31 unique hotel and gaming destinations globally.
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