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MGM Resorts International News
MGM Mirage plans to buy back 20 million shares
6 Dec 2007
MGM Mirage said Wednesday it wants to buy back up to 20 million shares of the company's stock, a move analysts said may boost the casino operator's share price.
MGM Mirage board approves stock repurchase program
5 Dec 2007
MGM Mirage today announced that its Board of Directors has approved a new stock repurchase program authorizing the Company to purchase up to 20 million shares of Company common stock.
Kerkorian halts bid for shares
29 Nov 2007
MGM Mirage majority shareholder Kirk Kerkorian dropped his month-old bid to acquire additional shares of a San Antonio-based petroleum refining corporation after the company's board adopted a poison-pill anti-takeover defense.
Top companies submit Kansas proposal
27 Nov 2007
News Brief: With Wednesday as the deadline, Sumner County officials expect to receive applications from three of the top four casino operators in the world.
Looking in on: Gaming
25 Nov 2007
Handheld gambling devices were the big buzz at last year's Global Gaming Expo trade show but are still undergoing testing in the Gaming Control Board's slot lab.
Jeff Simpson sees hope in a broad-based business tax pushed by the head of MGM Mirage
19 Nov 2007
I had a long talk Friday with MGM Mirage Chairman Terry Lanni, the day after he took his pitch for a broad-based business tax to the annual meeting of the Nevada Development Authority.
Lanni: Free meal is history
16 Nov 2007
MGM Mirage Chairman and CEO Terry Lanni used the Nevada Development Authority's annual luncheon Thursday to say the free meal is over.
MGM Mirage, Kerzner International name exec for venture
16 Nov 2007
MGM Mirage and Kerzner International Holdings Limited reports that the companies have appointed William Velardo as President and Chief Operating Officer of their 50/50 joint venture.
MGM Mirage, Dubai World complete transaction
16 Nov 2007
MGM Mirage and Dubai World today announced that they have completed their previously announced 50/50 joint venture transaction in the landmark CityCenter development in Las Vegas.
Gaming officials: Ready to bet on the Web
15 Nov 2007
Gaming companies are well-positioned for the eventual spread of legalized Internet gambling to the United States, top executives of the world's two largest casino operators said Wednesday during a panel discussion at the Global Gaming Expo.
Jeff Simpson lists some of the business stories that might have been eclipsed by O.J.
14 Nov 2007
Among the business stories underplayed last week was MGM Mirage's announcement that it will develop and manage a $3 billion nongaming resort in Abu Dhabi.
MGM Mirage restaurants make Michelin list
13 Nov 2007
Sixteen Las Vegas restaurants were honored with at least one Michelin star, and seven of those restaurants are within MGM Mirage properties.
MGM Mirage, Foxwoods Development Company join forces
13 Nov 2007
WICHITA, Kansas -- (PRESS RELEASE) -- MGM Mirage (NYSE: MGM) and Foxwoods Development Company announced today that the companies will join forces…
MGM Mirage plans Muslim world resort
8 Nov 2007
MGM Mirage announced Wednesday it will take its first stab at developing a luxury nongambling resort inside the Muslim world.
MGM Grand Abu Dhabi plans revealed
7 Nov 2007
MGM Mirage and Mubadala Development Company plans to develop the MGM Grand Abu Dhabi, a mixed-use development that will serve as an iconic gateway to Abu Dhabi.
Looking in on: Gaming
5 Nov 2007
Developer Triple Five has plunked down $180 million for a piece of the Strip that was home to the historic La Concha Motel.
MGM Mirage CEO honored
5 Nov 2007
Diversity Best Practices recently honored MGM Mirage Chairman & CEO Terry Lanni with the "2007 CEO Diversity Leadership Award" for demonstrating outstanding diversity leadership in corporate America.
MGM Mirage reports record Q3 result
30 Oct 2007
MGM Mirage has reported record third quarter 2007 financial results, achieving diluted earnings per share from continuing operations of $0.62, a 17% increase over the $0.53 per share earned in 2006.
Looking in on: Gaming
29 Oct 2007
Some of the country's largest hotel companies think Micros Systems' Opera hotel reservations system is the cat's meow because of how well it tracks customer purchases and buying preferences.
Computer glitch slows MGM Mirage check-ins
24 Oct 2007
A computer glitch disrupted guest check-ins at seven MGM Mirage hotels, five on the Strip, one in Mississippi and another in Detroit.
Dubai World arm closes stock placement
22 Oct 2007
The investment arm of the Persian Gulf state of Dubai now controls 4.8 percent of MGM Mirage.
MGM Mirage completes deal with Dubai World
19 Oct 2007
MGM Mirage has completed its previously announced private placement whereby Dubai World has purchased 14.2 million shares of common stock of MGM Mirage for a total purchase price of approximately $1.19 billion or $84.00 per share.
Analysts boost ratings
17 Oct 2007
News Brief: Goldman Sachs analyst Steven Kent has boosted his earnings estimates for Las Vegas Sands Corp., Wynn Resorts Ltd. and MGM Mirage.
Inside gaming column: TheStreet sees MGM pressing a point
15 Oct 2007
Was there an issue underlying the timing of MGM Mirage's announcement last week that it would build a $5 billion resort in Atlantic City?
MGM Mirage waiting for Macau probe to close
12 Oct 2007
News Brief: MGM Mirage is waiting for New Jersey gaming regulators to wrap up a lengthy investigation of the company's casino partnership in Macau.
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