I have previously discussed the estate of the late billionaire casino tycoon Kirk Kerkorian. It appears that Kerkorians influence and legacy over MGM Resorts will continue to be wielded through his close friend and executor of his estate Anthony Mendekic, who is the CEO of Tracinda Corp., a holding company that owns a large portion of MGM Resorts. Kerkorian left instructions for Mendekic to conduct an orderly disposition of MGM Resort shares. MGM Resorts is continuing to expand, with a number of projects underway in different parts of the country. Kirk Kerkorians legacy over the large company is going to continue long after his death.
See Howard Stutz, Inside Gaming: Even after death, Kerkorian’s legacy through Tracinda will wield influence, RGT Online, July 1, 2015.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.
