The Washington Post

Kerkorian Drops Casinos Bid

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Billionair­e investor Kirk Kerkorian abandoned efforts to buy two of MGM Mirage’s Las Vegas casino complexes after the company disclosed plans to build another resort in the city. The moves damped speculatio­n that MGM may be for sale. MGM said it would join with Kerzner Internatio­nal Holdings to build the new resort.

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