MGM Mirage to buy land in Vegas

Casino company MGM Mirage Inc. said it agreed to buy several pieces of land on the north end of the Las Vegas Strip for $575 million that would give it a 78-acre site to plan a “major integrated resort destination.”

The company said it agreed to buy a 26-acre parcel from Gordon Gaming Corp. for $444 million and eight acres from Concord Wilshire Acquisitions for $131 million.

MGM Mirage also owns the adjacent Circus Circus hotel casino, which the firm said it would “expand and enhance.”