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MGM Resorts International News
Dubai World gets OK to increase ownership in MGM Mirage
21 Nov 2008
Dubai World has an agreement with MGM Mirage to acquire up to 20 percent of the company.
MGM Mirage to develop casino in Vietnam
19 Nov 2008
MGM Mirage announced today it is teaming up with an Asian development company to build a "Las Vegas-style" casino in Vietnam.
MGM Mirage announces new chief
19 Nov 2008
Jim Murren was approved by the casino company's board of directors five days after Terry Lanni resigned.
Insiders see doubts over diploma as career drag
17 Nov 2008
State gaming regulators are investigating the academic credentials of MGM Mirage Chief Executive Terry Lanni, who may have embellished his resume with a nonexistent MBA.
Lanni exits at perilous time as industry faces hardship
17 Nov 2008
Terry Lanni’s decision to retire as chief executive of MGM Mirage will be viewed with some concern, if only because he is one of the industry’s most respected leaders.
MGM Mirage chief retiring at end of the month
14 Nov 2008
Terry Lanni, 65, has recommended that he be replaced by the company's chief operating officer, Jim Murren.
Dubai World seen as suitable partner
6 Nov 2008
State gaming commission to decide whether entity can work as ally with MGM Mirage.
Dubai World deal with MGM Mirage OK'd
5 Nov 2008
The state Gaming Control Board today recommended approval of MGM Mirage's association with Dubai World.
Casinos market to gays, lesbians
4 Nov 2008
Harrah's and MGM plan to continue marketing to gay and lesbian travelers, who spend $64.5 billion a year.
MGM cuts reassure investors
30 Oct 2008
Despite 67 percent loss, shares jump on postponements and reduced spending.
Vegas casino giants may signal "ugly" 2009
27 Oct 2008
News brief: Eight straight months of declining gambling revenue in Las Vegas and tightened visa restrictions in Macau eroded third-quarter profits.
MGM Mirage stock still on downslide
24 Oct 2008
Those investors who figured MGM Mirage couldn't trade much below $20 a share a few weeks ago got another nasty surprise this week.
Casino stocks continue to plummet
24 Oct 2008
Some shares reached new lows Thursday on rising anxiety about the economy.
MGM Mirage announces end to bonuses
21 Oct 2008
Company executives will not receive any cash bonuses or non-equity incentive compensation this year.
MGM Mirage quits tourism group
15 Oct 2008
Casino giant MGM Mirage resigned from the Nevada Resort Association, saying budgetary cutbacks were the reason for dropping out of the gaming lobby group.
Economic downturn leaves 40 Circus Circus employees without jobs
7 Oct 2008
News brief: Reno's Circus Circus says it is laying off as many as 40 employees due to ongoing evaluations and adjusting labor demands.
CityCenter secures first phase of its $3.0 billion senior credit facility
6 Oct 2008
MGM MIRAGE and Dubai World complete $1.8 billion financing through an initial group of leading financial institutions.
Bailout bill's collapse reverberates in valley
30 Sep 2008
Carnage on Wall Street visited Las Vegas Boulevard as well, with share prices in local gaming operators taking major hits.
Ex-dealers dispute statements
2 Sep 2008
Former Excalibur poker dealers are disputing MGM Mirage's statements that they have been placed in gaming jobs at the company's other resorts.
MGM Mirage secures more funds
2 Sep 2008
MGM Mirage President Jim Murren said Friday the company has secured $2.3 billion of the remaining financing for its CityCenter project, leaving $700 million still to be funded.
Top-10 Las Vegas sportsbooks
1 Sep 2008
While all sports books share the same basic attributes, each has a different look, a different feel and a unique charm. With football season finally upon us, we decided to go out and visit virtually every sports book in Las Vegas and come up with a list of our Top 10.
Dubai World gets OK to boost stake
25 Aug 2008
New Jersey gaming regulators gave MGM Mirage's second-biggest shareholder, Dubai World, permission to acquire as much as 20 percent of the Strip's largest casino operator, which sent the company's stock price soaring Friday.
Mike Sexton says all-electronic poker rooms are 'the wave of the future'
22 Aug 2008
The “Ambassador of Poker” tells Casino City that he expects Excalibur's decision to install PokerPro tables in its poker room to be a recurring trend in Las Vegas.
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