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MGM Resorts International News
MGM Mirage asks shareholders for name change
20 Apr 2010
MGM Mirage wants to change its name to MGM Resorts International, but The Mirage is not on the market.
Vegas makes room for stranded visitors
20 Apr 2010
The canceled flights due to the volcanic eruption in Iceland have left some casino operators with an overflow crowd of European guests who can't get home.
CityCenter unveils model units at Mandarin Oriental
16 Apr 2010
Officials at the Las Vegas resort showed off two stylishly designed model units on the Mandarin Oriental's 24th floor.
MGM Mirage stock drops more than five percent
16 Apr 2010
Shares of MGM Mirage fell a day after the company told investors it expected to report a $96.7 million loss in the first quarter.
CityCenter to report $255 million loss
15 Apr 2010
The Las Vegas mega-complex is expected to report an operating loss of $255 million in the first quarter when MGM Mirage releases earnings in early May.
Analysts boost prospects for three casino operators
14 Apr 2010
Analyst Steven Kent of Goldman Sachs and Joe Greff of JPMorgan increased their price target for MGM Mirage and Greff also upped his opinion of Wynn Resorts and Las Vegas Sands Corp.
Illinois investigating MGM Mirage's Macau partner
5 Apr 2010
The Illinois Gaming Board is investigating the business partnership between MGM Mirage and Hong Kong businesswoman Pansy Ho.
Perini files major lawsuit against MGM Mirage over CityCenter
29 Mar 2010
Perini Building filed a lawsuit Thursday against MGM Mirage, seeking $492 million for unpaid construction work.
Would Pansy Ho get a Nevada gaming license?
19 Mar 2010
Nevada Gaming Control Board Chairman Dennis Neilander said that he "didn't know" if he could answer a question on whether Pansy Ho would win a Nevada gaming license.
Macau may take back land promised to casino operators
17 Mar 2010
Macau's chief executive said Macau may seek to reclaim land promised to casino operators, with the sites being used for other development purposes.
Contractor plans liens against CityCenter owners
15 Mar 2010
MGM Mirage and Perini Building Co. are disputing payment of almost $500 million for construction of the CityCenter mega-development.
MGM Mirage to sell stake in Borgata
12 Mar 2010
MGM Mirage has reached a settlement agreement with Atlantic City regulators to sell its 50 percent stake in the Borgata.
MGM announces debt-exchange plan
10 Mar 2010
MGM Mirage announced a debt-exchange plan where the company will offer up to $845 million in senior secured notes due 2020 in a private placement.
Bill Bible nominated to MGM board
9 Mar 2010
Nevada Resort Association President Bill Bible has been nominated to become a member of the MGM Mirage Board of Directors.
MGM Mirage gets extension on debt payment
1 Mar 2010
MGM Mirage's lenders have given the casino operator three more years to pay back about $4.37 billion of a $5.5 billion credit line that was due next year.
Cost cuts narrow MGM Mirage loss
19 Feb 2010
MGM Mirage said the the opening of CityCenter and cost-cutting efforts narrowed a fourth-quarter net loss from a year ago.
Murren has job creation ideas for Obama
19 Feb 2010
MGM Mirage Chairman and CEO Jim Murren says that he would like to discuss ideas for creating jobs with the President Barack Obama.
MGM Mirage exec appointed to Shuffle Master board
9 Feb 2010
Former MGM Mirage executive Dan Wade has been appointed to the board of directors of Shuffle Master Gaming.
MGM Mirage, chamber reconcile to battle budget
29 Jan 2010
With a sagging ecomomy Nevada's revenue plummeting, MGM Mirage and the Las Vegas Chamber of Commerce have called an end to their seven-year separation.
N.Y. council members endorse MGM Mirage Aqueduct bid
29 Jan 2010
The three New York City Council members who represent the Southeast Queens Community where Aqueduct is located support an MGM Mirage bid.
Bellagio room rates out-pacing Aria
26 Jan 2010
Room rates for the brand new Aria have been priced below those offered at Bellagio, which contradicts the original plans of MGM Mirage to make the CityCenter centerpiece its premium resort.
MGM Mirage may exit Atlantic City
25 Jan 2010
MGM Mirage is looking at an initial public offering on the Hong Kong Stock Exchange that could hasten its exit from the sagging Atlantic City gaming market.
Analyst upbeat on MGM Mirage
12 Jan 2010
Steven Kent of Goldman Sachs said “the lion will roar again” in a report to investors.
Gazing ahead at gaming in 2010
4 Jan 2010
A number of stories in 2009 will play a major factor in how 2010 unfolds, including the opening of CityCenter in Las Vegas.
CityCenter grand opening brings a renewed optimism to Las Vegas
21 Dec 2009
The general feeling among those in attendance at CityCenter's official grand opening last week at Aria Resort & Casino is that the new $8.5-billion project could indeed spark an economic revival for a city that has been hit hard by the recession.
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