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MGM Resorts International News
CASINO INDUSTRY: Kerkorian bids for key properties
22 May 2007
The private investment arm of MGM Mirage majority shareholder Kirk Kerkorian announced Monday it would enter negotiations with the company to buy Bellagio and the under-construction CityCenter development.
MGM Mirage comments on Tracinda SEC filing
22 May 2007
MGM Mirage noted that its majority stockholder, Tracinda Corporation, today filed an amended Schedule 13D with the Securities and Exchange Commission .
MGM Mirage strip deal closed
18 May 2007
Colliers International-Las Vegas
brokers Michael Mixer and Alexander Rodrigo represented the MGM Mirage in
the purchase of approximately 33.5 acres of land on the Las Vegas Strip.
A new way to play the game on the Strip
14 May 2007
A new business model is slowly but significantly unfolding along the Strip.
Looking in on: Gaming
14 May 2007
Conveniently, spectacular profits in entertainment, food and beverage departments diverted attention from MGM Mirage's surprisingly lackluster casino results.
MGM Mirage goes far and wide
14 May 2007
MGM Mirage is taking an all-inclusive approach to expansion.
Looking in on: Gaming
7 May 2007
The missteps of MGM Mirage's top marketing executive for the Asia region were the lead item on the Gaming Control Board's monthly meeting agenda.
MGM exec not concerned about getting N.J. approval
4 May 2007
MGM Mirage Chairman Terry Lanni is confident his company's joint venture in Macau with a controversial Chinese businesswoman will be approved by New Jersey gaming authorities.
MGM Mirage exec takes swipe at NBA
4 May 2007
MGM Mirage executives used the company's Thursday morning quarterly earnings conference call to deliver a broadside on Las Vegas' hosting of the NBA All-Star Game in February.
MGM Mirage, union talks stalled
3 May 2007
egotiations between the Culinary Union and MGM Mirage are stalled over just one issue: whether about 800 new jobs at two CityCenter hotels will be covered, sources close to the talks say.
MGM Mirage units settle cases
3 May 2007
Two subsidiaries of MGM Mirage on Wednesday signed settlements with the Justice Department ending 5-year-old cases addressing Americans with Disabilities Act violations at the company's Mandalay Bay and Tunica, Miss., Gold Strike resorts.
MGM Mirage reports results
3 May 2007
MGM Mirage has reported its Q1 2007 financial results, achieving the Company's
highest ever first quarter diluted earnings per share from continuing
operations of $0.55, a 15% increase over the $0.48 per share earned in 2006.
MGM Mirage could be pushed to leave AC
1 May 2007
ews Brief: An investigation by New Jersey regulators into MGM Mirage's business dealings in Macau could result in the gambling behemoth's exit from Atlantic City, an analyst said yesterday.
MGM Mirage terminates talks with NYRA, New York state
1 May 2007
MGM Mirage has formally withdrawn its proposal to develop and manage a video lottery terminal facility at the Aqueduct Racetrack and has terminated its negotiations with the New York Racing Association and the State of New York.
MGM Mirage to invest $160 million in M Resort
27 Apr 2007
MGM Mirage announced Thursday it was investing $160 million in the proposed M Resort that is being developed on the far southern end of Las Vegas Boulevard by Anthony Marnell III, the son of casino building pioneer Tony Marnell.
MGM Mirage to Invest in the M Resort
26 Apr 2007
MGM Mirage will invest in The M Resort, an 80-acre mixed-use development, currently being developed by Anthony A. Marnell III.
MGM Mirage buy could boost Strip investment
20 Apr 2007
Development opportunities on the Strip's north end created by MGM Mirage's land acquisitions might entice some of the casino operator's new foreign-based joint venture partners to invest in Las Vegas.
MGM buys parcels for new center
19 Apr 2007
MGM Mirage has assembled the acreage to construct a similar and potentially larger development on the Strip's northern end.
MGM Mirage purchases more property
19 Apr 2007
MGM Mirage has entered into agreements with two landowners to purchase several parcels of land located on the Las Vegas Strip, which, combined with existing holdings, will give the company a new, 78-acre site for future development.
Casino exec passes away
17 Apr 2007
James D. Aljian, a longtime
Tracinda Corporation executive and former senior vice president of finance
for MGM Studios and MGM/UA Entertainment, passed away April 12.
MGM Mirage Recognized by DiversityBusiness.com
13 Apr 2007
DiversityBusiness.com, the nation's primary resource portal for small businesses and large organizational buyers, today recognized MGM Mirage as one of the leading companies for multicultural businesses.
MGM Mirage signs U.A.E. deal
12 Apr 2007
MGM Mirage has signed a definitive agreement with Mubadala Development Company, an investment and development vehicle established and wholly owned by the Government of the Emirate of Abu Dhabi, U.A.E.
Back to a family fold in Primm
11 Apr 2007
Herbst Gaming completed its $400 million acquisition Tuesday of Whiskey Pete's, Primm Valley hotel and Buffalo Bill's at the Nevada-California border from MGM Mirage, a deal originally announced in November.
MGM Mirage completes Primm Valley Resorts sale
10 Apr 2007
MGM Mirage and Herbst Gaming, Inc. have completed their previously announced transaction involving the sale of Buffalo Bill's, Primm Valley and Whiskey Pete's hotel-casinos for $400 million.
MGM Mirage signs China deal
3 Apr 2007
MGM Mirage has signed a definitive agreement with the Diaoyutai State Guesthouse in Beijing, People's Republic of China aimed at creating a strategic relationship to pursue non-gaming business opportunities.
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