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MGM Resorts International News
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.
Top-10 CityCenter facts and figures
21 Dec 2009
Gary Trask takes an inside look at CityCenter and breaks down some of the extravagant numbers that went into creating the new $8.5-billion resort on the Las Vegas Strip.
Executive who helped CityCenter stay afloat leaves MGM Mirage
21 Dec 2009
Gary Jacobs, one of the key MGM Mirage executives who helped resolve the company's financial issues surrounding CityCenter, has resigned from the casino operator.
CityCenter's long-awaited centerpiece opens
18 Dec 2009
MGM Mirage officials said that the 18 million-square-foot Aria casino would transform Las Vegas.
CityCenter a project of firsts
18 Dec 2009
The $8.4 billion CityCenter on the Las Vegas Strip is the largest private-sector development ever built in the U.S. and has racked up a dizzying roster of firsts and biggests.
Kerkorian calls CityCenter "amazing"
14 Dec 2009
MGM Mirage founder Kirk Kerkorian considers CityCenter's opening another historic event for the Strip.
CityCenter might siphon business from Strip
14 Dec 2009
A gaming analyst says that while Strip gaming and non-gaming revenues will increase in 2010, 70 to 90 percent of Citycenter's revenues will come at the expense of other Strip properties.
Jim Murren kept CityCenter on track
8 Dec 2009
Murren just completed a tumultuous first year as MGM Mirage's chairman and chief executive officer and helped keep the CityCenter mega-project on track.
MGM banking on CityCenter high-rises
8 Dec 2009
CityCenter residential officials believe the opening of the $8.5 billion project as well as a price reduction implemented in October, will spur sales in the project's remaining high-rise condominiums.
Mandarin Oriental brings unique amenities
4 Dec 2009
The new CityCenter hotel is billing itself as a true boutique nongaming hotel on the Las Vegas Strip.
CityCenter's Crystal aims to be retail "epicenter"
3 Dec 2009
MGM Mirage wants Crystals, the 500,000-square-foot luxury retail and entertainment district at CityCenter, to be the retail "epicenter" of the West.
Gaming officials keep eye on Dubai
2 Dec 2009
Nevada gaming regulators are closing watching the financial maneuvers of Dubai World, who received a license to share in revenue from CityCenter's Aria casino.
CityCenter hoping for a presidential cameo
30 Nov 2009
MGM Mirage officials are hoping that President Barack Obama will drop by Las Vegas to acknowledge the opening of CityCenter.
CityCenter ready for debut after months of headlines
30 Nov 2009
The $8.5 billion CityCenter development will open its first hotel, Vdara, on Tuesday. The MGM Mirage project has made a number of headlines in the last 61 months, including coming within hours of filing for bankruptcy in March.
MGM Mirage reports $750.4 million quarterly loss
6 Nov 2009
The casino giant also reported a revenue decline of 9 percent on the heels of the much-anticipated CityCenter opening.
CityCenter licensing gets own hearings
4 Nov 2009
The Gaming Control Board and the Nevada Gaming Commission will both discuss the $8.5 billion project is separate hearings.
Crystals at CityCenter receives LEED Gold Certification
22 Oct 2009
The retail and entertainment district at CityCenter has achieved LEED Gold Core & Shell certification from the U.S. Green Building Council, making it the world’s largest retail district to receive this level of recognition.
CityCenter worth about half of building cost
21 Oct 2009
The $8.5 billion CityCenter project is worth about half of what it cost MGM Mirage and Dubai World to build the massive Strip development, according to a third-party.
MGM Mirage explores Hong Kong IPO
19 Oct 2009
The casino giant is is exploring an initial public offering in the Asian market.
Murren says Wynn doesn't speak for enitire industry
19 Oct 2009
MGM Mirage CEO Jim Murren said Steve Wynn isn’t the voice for the entire gaming industry with his critical remarks on Obama administration.
MGM plans Macau casino expansion
16 Oct 2009
International news brief: MGM Mirage and business partner Pansy Ho plan to expand their Macau casino.
Former MGM CEO Lanni diagnosed with cancer
14 Oct 2009
Terry Lanni reportedly has been diagnosed with cancer and will undergo surgery and chemotherapy treatments.
CityCenter condo prices cut 30 percent
6 Oct 2009
The move comes as potential buyers of the 2,400 condominium units threatened possible lawsuits against developers MGM Mirage and Dubai World.
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