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MGM Resorts to rebrand Monte Carlo casino-hotel in Las Vegas

LAS VEGAS, Nev. – MGM Resorts International is rebranding its Monte Carlo resort and casino on the Las Vegas Strip.

The company announced Friday it will renovate the property to create two hotels.

The Strip’s largest casino operator says it will partner with the New York-based Sydell Group on the $450 million renovation.

The Park MGM hotel will have 2,700 rooms and incorporate some of the Monte Carlo’s European design influences.

The other hotel will be known as The NoMad Las Vegas.

The 292-room hotel will build on the Sydell Group’s flagship property in New York by the same name.