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"US casino enterprise, British firm program projects in four UK cities". On December 16, 2008, MGM Mirage announced the sale of its Las Vegas Treasure Island resort and casino to billionaire Phil Ruffin. The sale was completed on March 20, 2009 for $600 million in money plus a $175 million promissory note. In 2004, MGM solidified its plans for the Boardwalk site on the Strip, announcing Project CityCenter, an $8-billion higher-density project such as hotels, condominiums, a casino, and a shopping mall.

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