What happened to the people/companies that originally built the hotel and casinos on the strip? It seems like most of vegas has been bought by either mgm or caesars... I read that Circus Circus enterprises built luxor and excalibur. Wynn built the mirage, mirage built bellagio, which were all bought by mgm. At some point mgm builds nyny, and Mandalay Bay. Hilton hotels once owned a number of what are todays caesars properties. In 1999 Caesars (harrahs at the time) buys the rio. In 2005 harrahs buys/acquires Imperial palace, flamingo, ballys, caesars, paris and in 2010 gets Planet Hollywood. George Maloof built the palms, now only owns 2%. I've heard that the cosmo is in trouble, but I don't know much about it. If these places weren't profitable or have some sort of money trouble, how is it possible that mgm or caesars can buy the place and keep it running? (I'm not saying that mgm or caesars will buy either cosmo or palms) With the exception of wynncore, palazzo+Venetian, the trop and cosmo most all the other casinos/hotels on the strip are owned by one of two companies... Interesting, isn't it?