The conversion of MGM Resorts International’s Monte Carlo into Park MGM makes perfect sense: Why invest more than $550 million to upgrade a hotel that first opened its doors in 1996 when you can get two hotels for the price of one.
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Visitation fell 4.2 percent to 3.6 million tourists in October, the Las Vegas Convention and Visitors Authority reported Thursday, the second steepest year-over-year drop of 2017.