SOON, A SPECTACULAR NEW CITY WILL RISE. 
Project CityCenter – an ambitious multi-dimensional 
urban plan – will contribute to the remarkable 
transformation of Las Vegas as an emerging city 
of global significance.
MANDALAY RESORT GROUP 
AND MGM MIRAGE ANNOUNCE 
MERGER. Mandalay Resort 
Group will add iconic resorts and 
great people to our family. We 
will own 832 acres in the heart 
of Las Vegas, the fastest growing 
city in the United States.
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BORGATA CHANGES THE FACE OF ATLANTIC CITY. 
Borgata is launched in Atlantic City with our joint-venture 
partner Boyd Gaming. Borgata has been a tremendous success, 
raising the bar for casino entertainment in that market.      
BELLAGIO ADDS A JEWEL TO THE 
FAMILY CROWN. The Mirage Resorts 
merger provided outstanding resorts, 
people and land, and has propelled our 
earnings and provided an unparalleled 
platform for future growth.