The casino suffered a major amount of ownership issues and would only last a few years. It was then bought by Larry Wolf, demolished, and was replaced with the 160-room Bonanza Hotel and Casino. History MGM Grand (1973 - 1986) Concept and Construction Įarlier, the property that sat before the MGM Grand was the Three Coins Motel, operating from 1962 to 1966. 1.3 Ownership from Caesars Entertainment.1.2.1 Ownership from Bally Manufacturing.
