MGM Mirage's Macau Venture Approved

17 Feb 2005

LAS VEGAS -- (PRESS RELEASE) -- MGM MIRAGE (NYSE: MGG) announced today that the Mississippi Gaming Commission has unanimously granted a waiver of approval with respect to the Company's application to engage in gaming activities in Macau S.A.R. The Company intends to develop, construct and operate, through a 50/50 joint venture with Pansy Ho, a resort hotel casino complex in Macau. The venture is subject to further regulatory review. Construction of the MGM Grand Macau is anticipated to commence in the second quarter of 2005, and to be completed for an opening in 2007.

MGM MIRAGE (NYSE: MGG), headquartered in Las Vegas, Nevada, is one of the world's leading and most respected hotel and gaming companies. The Company owns and operates 11 casino resorts located in Nevada, Mississippi and Michigan, and has investments in three other casino resorts in Nevada, New Jersey and the United Kingdom.

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	MGM Mirage's Macau Venture Approved 17 Feb 2005 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> LAS VEGAS -- (PRESS RELEASE) -- MGM MIRAGE (NYSE: MGG) announced today that the Mississippi Gaming Commission has unanimously granted a waiver of approval with respect to the Company's application to engage in gaming activities in Macau S.A.R. The Company intends to develop, construct and operate, through a 50/50 joint venture with Pansy Ho, a resort hotel casino complex in Macau. The venture is subject to further regulatory review. Construction of the MGM Grand Macau is anticipated to commence in the second quarter of 2005, and to be completed for an opening in 2007. MGM MIRAGE (NYSE: MGG), headquartered in Las Vegas, Nevada, is one of the world's leading and most respected hotel and gaming companies. The Company owns and operates 11 casino resorts located in Nevada, Mississippi and Michigan, and has investments in three other casino resorts in Nevada, New Jersey and the United Kingdom.

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MGM Mirage's Macau Venture Approved