[1] Gary Primm of Primadonna Resorts approached MGM Grand Inc. president Bob Maxey in 1994 with an idea for the site: a casino recreating the New York skyline.
[5] On March 1, 1999, MGM Grand Inc. acquired Primadonna Resorts in an all-stock transaction that had been announced on November 9, 1998.
[6] Since the initiation of New York-New York, analysts had speculated that MGM Grand or Primadonna would buy out the other's interest in the project.
[9] The merger closed in March 1999,[10] giving MGM ownership of three casinos and two golf courses at the Nevada–California state line, in addition to full control of New York-New York.
On October 31, 2006, MGM announced plans to sell Primm Valley Resorts to Herbst Gaming for $400 million.