Hopefully no one was in love with the Monte Carlo concept … because it’s changing. The older property is undergoing a rebranding and rebirth. The property is set to be renamed Park MGM. In addition, the hotel will also feature a second hotel within the property — The NoMad Lad Vegas (think Delano and Nobu style). The entire transformation will ring up to a cool $450 million and include a total room makeover, new venues and a NoMad restaurant.