True but if the thread that I mentioned is true, things can be one thing when a merger or buyout takes place but over time may become less of an asset.

I am only talking hypothetical here but if Mirage were to be deminishing in it's reputation and the name started to loose it's value and even carry on it's own negative reputation they might later decide to strip it from their identity.

Let's say for arguement that While TI is still viable and Bellagio still has it's class reputation but that Mirage is sliding down hill, they could find value in selling it back to Wynn who, whith his personal connection and interest, might revitalize it. I haven't been to Mirage in a couple years and haven't played there in even longer. Therefore I realy don't have any personal feelings regarding where Mirage is today, reputation wise.

As I recall, back when the buyout first took place, MGM didn't have the cash to continue on with much of the improvements and developments that Mirage already planned. They abandoned certain projects like Bordwalk(?) in favor of an AC property and expanding in other markets. Thus they may have seen Mirage valuable for it's cash and reputation. If the cash has been spent and the reputation is starting to tarnish they may not need that identitiy anymore. Maybe they would see it as not worth putting huge sums of money into it to revitalize it vis a vis TI. Or maybe with all that is being spent on other projects maybe they just don't have the resources. Like I said I really haven't been there in a while but as Vegas Casinos go I would think that MIRAGE is at a point in it's age where it might need a makeover. If they can't afford that renovation or updating than maybe they might need to sell it to someone who has the resources. Or, partially, strip it off and bring in a partner to put in an investment?