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MGM Resorts International News
Analyst not impressed by MGM Mirage
14 Sep 2009
Susquehanna gaming analyst Robert LaFleur said in a note to investors that he believes MGM Mirage should be trading at $4 a share, not $12.
Detroit MGM and Beau Rivage not for sale
11 Sep 2009
MGM Mirage says it has resolved its immediate financial problems and that MGM Grand Detroit and the Beau Rivage in Biloxi, Miss are not for sale.
MGM Mirage sees "profound" improvement in Macau
8 Sep 2009
International news brief: The gaming giant lifted its market share of Macau gambling revenue to 11% in August, up from 8% in June.
California doctor joins MGM Mirage board
31 Aug 2009
MGM Mirage announces California physician Joseph H. Sugerman is joining its board of directors.
Gaming sector latest target of shareholder lawsuits
31 Aug 2009
Federal class action lawsuits have been filed in recent weeks against slot machine manufacturer International Game Technology and casino operator MGM Mirage.
Lawsuit claims MGM misled shareholders
20 Aug 2009
The lawsuit claims that MGM Mirage put out a series of "false and misleading statements" concerning the company's liquidity and the prospects for CityCenter.
M Resort chief reflects on first six months
19 Aug 2009
Anthony Marnell III says more convention business is key to turnaround.
MGM Mirage says M Resort has lost its value
18 Aug 2009
The economic downturn may lead to a write-down for MGM Mirage's investment in the M Resort.
CityCenter highlights sustainable activities
10 Aug 2009
MGM Mirage is highlighting the sustainability aspects of the $8.5 billion CityCenter development, including having the first-ever fleet of stretch limos powered by clean-burning compressed natural gas .
MGM's CityCenter upstages earnings report
4 Aug 2009
Wall Street had more interest in the prospects for CityCenter than MGM Mirage's $212.6 million operating loss in the second quarter.
Vegas downturn weighs on MGM Mirage earnings
3 Aug 2009
MGM Mirage's Las Vegas customers spent considerably less in the second quarter, a decline contributing to a quarterly loss by the hotel-casino operator.
MGM Mirage under scrutiny in N.J.
3 Aug 2009
New Jersey's casino regulators are reopening a licensing hearing to determine MGM Mirage's suitability to hold a gaming license in New Jersey.
IGT, MGM Mirage sign pact
24 Jul 2009
International Game Technology signed an agreement to add approximately 300 Wheel of Fortune slot machines MGM Mirage casino properties.
Analysts issue first report, name MGM a top pick
13 Jul 2009
A new gaming industry analysis group issued its first public research today, with Las Vegas-based MGM Mirage and Bally Technologies among its top picks.
Excalibur poker room removes electronic tables
6 Jul 2009
After becoming the first casino in Las Vegas to have an all-electric poker room, Exaclibur removed the PokerPro tables today and expects to have its live poker room back up and running later this week.
Court rules MGM can recover insurance claims
29 Jun 2009
The Nevada Supreme Court has ruled the MGM Mirage and another Las Vegas company have the right to recover hundreds of thousands of dollars from a state insurance pool.
Fears of demise fade for MGM Mirage
26 Jun 2009
The gaming company sent a filing to the SEC that said "there is no longer substantial doubt (about the company's) ability to continue as a going concern."
MGM Mirage removes bankruptcy warning
24 Jun 2009
MGM Mirage announced in a Securities and Exchange filing that there is no longer "substantial doubt about its ability to continue as a going concern".
MGM Mirage doesn't plan to sell Vegas casinos
18 Jun 2009
News brief: MGM Mirage CEO Jim Murren doesn't plan to sell any Vegas Strip casinos because of low offers.
MGM Mirage plans hotel in Egypt
17 Jun 2009
Project planned near the base of the pyramids close to Cairo.
MGM Mirage continuing global reach
17 Jun 2009
The gaming giant has reached an agreement to build an MGM Grand non-gaming luxury hotel near Cairo, Egypt.
MGM, Harrah's casinos among those suing ex-Illinois governor
15 Jun 2009
Casinos battling law over profit sharing with horse racing tracks.
MGM Mirage looks to Asia for expansion
8 Jun 2009
MGM Mirage in talks with three investor groups to develop a casino in Taiwan.
MGM plans to expand to Mideast, Asia
22 May 2009
News brief: The casino company has signed eight-hotel management deals with developers under the banners of its iconic Vegas properties.
Pansy Ho may fight NJ ruling
21 May 2009
New Jersey’s Division of Gaming Enforcement believes the Hong Kong businesswoman is an "unsuitable" business partner for MGM Mirage.
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