|
 |
|||
MGM Resorts International News
MGM Mirage board approves repurchase plan
14 May 2008
MGM Mirage reports that its Board of Directors has approved a new stock repurchase program authorizing the Company to purchase up to twenty million shares of Company common stock.
MGM Mirage spending billions
13 May 2008
Even as gamblers, shoppers and diners are clutching to their dollars and Las Vegas reels from the worst economic slowdown since Sept. 11, MGM Mirage is spending billions of dollars on itself.
Inside gaming column: MGM Mirage may say 'take two'
12 May 2008
A selection of news and views from inside the industry this week.
MGM Grand Macau underperforming
12 May 2008
International News Brief: MGM Mirage, the 50 percent stake holder in the MGM Grand Macau stated its first quarter earnings report that its Macao venue was under-performing and it needed to increase its marketing effort in the mainland.
Earnings: MGM Mirage profits slide
7 May 2008
MGM Mirage Chairman CEO's suggestion that the gaming company could be split in two sent the company's stock up the most in eight months despite news that its quarterly earnings were down 30 percent.
MGM Mirage reports Q1 results
6 May 2008
MGM Mirage reports it earned $0.40 per diluted share from continuing operations in the first quarter, compared to $0.55 in the prior year.
Inside gaming column: Paging Mr. Kerkorian, Mr. Kirk Kerkorian
5 May 2008
A selection of news and views from inside the industry this week.
Casino executives to lead finance effort
28 Apr 2008
The Strip's top three casino titans, a group often at odds with one another, are banding together to help Republican John McCain get elected president in November.
MGM Mirage chief asks staff not to sign teachers union petition
25 Apr 2008
MGM Mirage asked its roughly 58,000 Nevada employees to not sign a petition being circulated by the state teachers union seeking to increase the state gaming tax by 44 percent.
Strip security guards seek unionization
21 Apr 2008
Security guards are trying to organize a union on the Strip, and the move has brought a strong response from casino giant MGM Mirage.
Beau Rivage, Gold Strike slash 100 jobs to combat weak economy
16 Apr 2008
News Brief: One hundred managers and salaried employees at MGM Mirage's two Mississippi casinos have lost their jobs.
Share prices for major casino companies drop
16 Apr 2008
Share prices of the major casino operators tumbled Tuesday, the day after MGM Mirage said it eliminated 440 manager and supervisory level positions at both property and corporate levels.
Lanni last year: $9.6 million in compensation
16 Apr 2008
Excluding the value of stock options and awards, MGM Mirage Chief Executive Terry Lanni earned $9.6 million in compensation last year.
MGM Mirage to cut 440 jobs
15 Apr 2008
MGM Mirage is laying off some 440 management employees at both the property and corporate levels, a response to the souring national economy but also part of a corporate belt-tightening program begun last year.
Dubai World gets regulators' nod
9 Apr 2008
Michigan lawmakers clear Persian Gulf state arm's bid to boost stake in MGM Mirage.
Dubai World files for Nevada gaming license
9 Apr 2008
Dubai World, the government-owned conglomerate of the Arab state, has filed an application for a Nevada gaming license with the expectation of buying more than 10 percent of MGM Mirage's outstanding stock.
Sands chief questions MGM Mirage's motives
1 Apr 2008
Las Vegas Sands Corp. Chairman Sheldon Adelson said rival Chairman Terry Lanni's MGM Mirage Corp. was investing in Atlantic City only to appease New Jersey gaming regulators.
MGM Mirage unveils $40 million fine art program
11 Mar 2008
MGM Mirage is unveiling initial plans for CityCenter's $40 million Fine Art Program.
Casinos accused of looking the other way
10 Mar 2008
Casino companies should have known about the huge amounts of cash washing through nightclubs on their properties long before the IRS began investigations of two of Las Vegas’ most popular clubs, say former gaming executives and others familiar with the industry.
Jeff Simpson explains why he doesn't think Signature towers buyers will win in court
3 Mar 2008
Jeff Simpson on the folks who are suing MGM Mirage because they believe they were misled about their purchase of condo-hotel units at the Signature towers at MGM Grand.
Inside gaming column: Board seeking air-tariff controls
3 Mar 2008
Las Vegas Sands Corp. is proceeding with plans to retrofit two former passenger airliners to serve as modified flying casinos, on which high-end customers can pass the time gambling while being shuttled between Asia and the company's Strip casinos.
Nevadan at work: Exec sees diversity as tool
3 Mar 2008
Debra Nelson, the MGM Mirage vice president of corporate diversity, communications and community affairs, sees diversity as a tool to help businesses get foothold and thrive.
Gaming sector caught in market skid
3 Mar 2008
Volatility continued to plague gaming industry stocks in February.
Raises won't deter union
28 Feb 2008
The New York-based union that is hoping to organize dealers at two MGM Mirage resorts said the company's decision to raise the base salaries of its Strip casino dealing staff won't affect the labor group's tactics.
Looking in on: Gaming
27 Feb 2008
Wynn Las Vegas recently posted a notice acknowledging amongst other things that it can’t threaten workers with discharge if they go on strike.
|
|||
