This Just In
  • AVIXA, organizer of InfoComm in Las Vegas, is teaming with InfoCommAsia to launch InfoComm Southeast Asia in Bangkok May 15-17, 2019.
  • Shomex Productions will partner in the Unmukt Festival, which will target the senior citizen market in India and launch in December.
  • Lance Fensterman has been promoted to President of Global ReedPOP, the pop culture division of Reed Exhibitions.
  • The Las Vegas City Council votes April 4 on a proposal to build a new $76 million 350,000-sf downtown exhibition center.
  • Hilton will cut commissions to housing firms and other agencies that book room blocks at its U.S. and Canadian hotels from 10% to 7% in Oct.
  • The Reno-Sparks Convention & Visitors Authority announced a 4-year deal for SMG to operate four major Reno-Sparks venues.
  • RetailX will co-locate GlobalShop, Internet Retailer Conference & Exhibition (IRCE) and RFID Journal LIVE! June 2019 in Chicago.
  • Freeman is launching cloud-based digital floorplan management system BlueprintTM in the U.S. to make real-time booking data available.
  • A new CEIR report provides benchmarks for all phases of a marketing campaign and details characteristics for success in growing attendance.
  • Mad Event Management is launching UAS/Drones for Disaster Response April 19-20 in Miami. First responders are the target audience.

MGM Mirage’s Expected  Acquisition of Mandalay Resort Will Create New Mega-Player in Trade Show Industry

Trade Show Executive
June 17, 2004
Share On:

By Lisa Goell Sinicki, Senior Editor


Las Vegas - MGM Mirage announced Wednesday that it has entered into a definitive agreement to acquire the Mandalay Resort Group. Pending approval by shareholders and regulators, this will create the largest casino company in the world as well as one of the world’s largest hotel/convention center conglomerates.


Following the acquisition, MGM Mirage will own and operate 28 properties throughout Nevada, Mississippi, Illinois, Michigan and New Jersey.  The company’s Las Vegas holdings alone will include Bellagio, MGM Grand Las Vegas, The Mirage, Mandalay Bay, Luxor, Excalibur, New York-New York and Treasure Island—giving the company a combined total of over 1.1 million square feet of exhibit space and the capability to host exhibitions of practically every size and kind.

Under the agreement, MGM will purchase Mandalay for $71.00 per share in cash (approx. $4.8 billion) plus the assumption of approximately $2.5 billion in debt and $600 million in convertible debt. The deal is expected to close in first quarter of 2005.


Reach Alan Feldman, Senior Vice President, Public Affairs, MGM Mirage at (702) 891-7147.

Share On: