On the 43rd anniversary of the MGM fire, let’s bust the myth that the hotel was demolished after the tragedy. In reality, the original MGM wasn’t demolished at all, but fire damage was repaired and the building was sold to Bally’s, which transformed it into the well-known Bally’s Las Vegas. This myth is so pervasive that it even appeared as a fact in the 2009 edition of Frommer’s Las Vegas. The casino underwent several changes and is now known as the Horseshoe. We’ll keep you up to date with more Vegas myths busted here at Casino.org. Visit VegasMythsBusted.com to read more.