MGM says Mirage name has ‘outlived its usefulness’

MGM Mirage shareholders have voted to change the company’s name to MGM Resorts International in an effort to to ’emphasize the brand’s scope’. Huh. We thought it might be because they were tired of the jokes about MGM being the company where ‘profits are a mirage’. For the record, MGM Mirage was the name MGM Grand assumed after it bought Mirage Resorts in 2000. Confused yet? Well, that’s why you’re not an MGM shareholder. Read more.