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Bally's Las Vegas (formerly MGM Grand Hotel and Casino) is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by CaesarsBally's Las Vegas (formerly MGM Grand Hotel and Casino) is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Caesars Entertainment. It originally opened as the MGM Grand Hotel on December 4, 1973. The 26-story hotel contained 2,100 rooms, and was among the world's largest hotels. On November 21, 1980, the MGM Grand was the site of one of the worst high-rise fires in United States history, in which 85 people died. The MGM Grand was rebuilt at a cost of $50 million, and eventually reopened on July 29, 1981, with new fire safety features in place. Another 26-story tower opened later that year, adding more than 700 rooms. The resort has a total of 2,812 rooms, and the casino is 68,375 sq ft (6,352.2 m2).In 1986, Bally Manufacturing purchased the resort and renamed it Bally's. A sister property, Paris Las Vegas, opened next to Bally's in 1999. An outdoor shopping mall, the Grand Bazaar Shops, was added to Bally's in 2015. The resort was home to the long-running Jubilee! theatrical show, which ran from 1981 to 2016.