MGM Resorts Will Sell the Mirage Casino in Las Vegas

The Mirage Resort & Casino in Las Vegas, Nevada.

Photographer: Bridget Bennett/Bloomberg

MGM Resorts International is putting the Mirage in Las Vegas up for sale, parting with a property known for its lava-spewing volcano and tiger attraction.

The company wants to reduce its exposure to the Las Vegas Strip and is unwilling to invest more in the aging property. It will begin seeking bids at a time when Las Vegas resorts have been fetching record prices.