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In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airways, and was compelled to sell a majority of his casino firm, International Leisure, to Hilton Accommodations at a steep discount. Patricia Richardson (January 21, 2002). "MGM rolling dice on Rosemont". Fortune has named MGM Resorts one of the World's Most Admired Companies. Michigan legislation, however, forbade one company from owning multiple casinos, requiring the sale of both the MGM Grand Detroit or Mandalay's 54 percent stake in the MotorCity Casino. American architect, Hillier, opened on 27 November 1997, was certainly one of the biggest building tasks ever carried out in Australia. Mandalay accepted a $525-million supply for its curiosity in MotorCity from Marian Ilitch, the casino's second largest shareholder. Since the initiation of recent York-New York, analysts had speculated that MGM Grand or Primadonna would buy out the other's curiosity within the undertaking.
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