As an expert in the field of gaming and hospitality, I can provide a comprehensive overview of the ownership landscape of Las Vegas casinos. The ownership of Las Vegas casinos has evolved over the years, with various entities and individuals playing a significant role in shaping the city's entertainment and gambling industry.

The Kirk Kerkorian mentioned in the provided information was a prominent figure in the Las Vegas casino industry. He was an Armenian-American businessman and investor who, through his company MGM Mirage, owned a significant portion of the hotel rooms on the Las Vegas Strip. His acquisitions included the Mirage, which he purchased from Steve Wynn, and the Mandalay Bay Resorts, for which he paid a staggering $7.9 billion in 2004.

However, it's important to note that the landscape of casino ownership in Las Vegas is dynamic and has undergone several changes since the time of Kerkorian's significant influence. Today, the ownership is spread across various companies and investors, both domestic and international.

Some of the major players in the Las Vegas casino industry today include:


1. Caesars Entertainment: This company owns several iconic properties on the Strip, including Caesars Palace, the Flamingo, and the Linq.


2. MGM Resorts International: A successor to MGM Mirage, MGM Resorts International owns and operates a number of high-profile casinos, including the MGM Grand, Bellagio, and Mandalay Bay.


3. Wynn Resorts: Founded by Steve Wynn, Wynn Resorts owns the Wynn Las Vegas and the Encore at Wynn Las Vegas, both of which are known for their luxury accommodations and gaming offerings.


4. Las Vegas Sands Corporation: Known for its integrated resorts, Las Vegas Sands operates The Venetian Resort and Sands Expo, among others.


5. Boyd Gaming: This company operates several casinos in Las Vegas, including the Orleans, Suncoast, and California.


6. Station Casinos: Primarily focused on locals, Station Casinos owns a chain of casinos and hotels in the Las Vegas area.

7.
Genting Group: An international company that owns Resorts World Las Vegas, which is one of the newer additions to the Strip.

8.
Red Rock Resorts: Owns a number of properties in the Las Vegas Valley, including Red Rock Casino and Green Valley Ranch.

9.
Penn National Gaming: This company has a presence in Las Vegas with the M Resort and the Tropicana Las Vegas.

10.
Elaine Wynn: Steve Wynn's ex-wife, Elaine Wynn, also holds a significant number of shares in Wynn Resorts, making her a notable stakeholder in the company.

It's also worth mentioning that Las Vegas casinos are subject to a variety of regulations and licensing requirements, which can influence ownership structures. Additionally, the industry has seen a trend of consolidation, with larger companies acquiring smaller ones to expand their footprint.

In conclusion, the ownership of Las Vegas casinos is a complex and ever-changing landscape, with a mix of public companies, private investors, and international conglomerates all playing a part. The influence of historical figures like Kirk Kerkorian has paved the way for the modern casino industry we see today, which continues to evolve with new ownership and investment trends.

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The 90-year-old Kerkorian and his company MGM Mirage own more than half of the hotel rooms on the Las Vegas strip. His properties include the Mirage, which he bought from Wynn, and the Mandalay Bay Resorts, which he shelled out $7.9 billion for in 2004.Apr 17, 2008read more >>