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MGM Resorts International News
Nevadan at Work: MGM Mirage Executive Feels Gratified Teaching Others to Succeed
18 Jul 2005
Most people would find it daunting to be cast as a role model for James Caan, the movie actor who stars as the president of hotel operations in the hit NBC series "Las Vegas."
Inside Gaming Column: Mover, Not Monorail, Motivates MGM Mirage
18 Jul 2005
A selection of news and views from inside the industry this week.
McKinney-James Joins MGM Mirage's Board
11 Jul 2005
Renewable energy consultant and Las Vegas resident Rose McKinney-James, who spent almost six years on the Mandalay Resort Group board of directors, on Friday officially joined the board of MGM Mirage.
New Member Joins the MGM Mirage Board of Directors
8 Jul 2005
Local business owner and former Mandalay Resort Group board member Rose McKinney-James has joined the MGM Mirage Board of Directors.
MGM Mirage To Spend $170 Million on Video Lottery Casino
21 Jun 2005
MGM Mirage will spend $170 million to build and operate a 4,500-machine video lottery casino at the Aqueduct Race Track outside New York City.
Magazine Touts MGM Mirage's Diversity Efforts
17 Jun 2005
MGM Mirage has been named to Black Enterprise magazine's 30 Best Companies for Diversity list.
MGM Shares Fall
17 Jun 2005
News Brief: Shares of MGM Mirage fell nearly 2% after the casino operator was downgraded to neutral from buy at Merrill Lynch due to valuation concerns.
MGM Mirage and NYRA Enter Into Agreement
16 Jun 2005
MGM Mirage has entered into a definitive management agreement with the New York Racing Association, under which MGM Mirage will develop and manage a 4500-unit video lottery terminal facility at Aqueduct.
MGM Mirage Exec: Yemenidjian Will be Tough Competitor
10 Jun 2005
Departing MGM Mirage board member Alex Yemenidjian won't likely partner with the company on any future gaming projects and would instead emerge as a competitor, a top MGM Mirage executive said.
Lanni: Mandalay Purchase Hurt MGM's Diversity Stats
9 Jun 2005
Terry Lanni, chairman and chief executive of MGM Mirage, says that since the company's merger with Mandalay Resort Group the company's minority management numbers have fallen slightly.
Alex Yemenidjian Resigns From MGM Mirage
8 Jun 2005
MGM Mirage reports that long-time director and former President and Chief Operating Officer, Alex Yemenidjian, has resigned from its Board of Directors and Executive Committee to pursue other opportunities.
The Future of Las Vegas: The Big Two and Then Who?
6 Jun 2005
This is the second of two stories examining how mergers are affecting competition in the gaming industry.
Inside Gaming Column: Urban Village by Wynn May Cost $4 Billion
6 Jun 2005
Details are starting to slither out about developer Steve Wynn's concept for an urban village development on 135 acres of his Desert Inn site.
MGM Mirage Selects Perini Building
12 May 2005
Perini Building Company has been selected for a multi-billion dollar construction contract from MGM Mirage to build a major portion of Project CityCenter in Las Vegas.
Inside Gaming: Schaeffer May be Moving Uptown
9 May 2005
A selection of news and views from inside the industry this week.
Kerkorian Makes Offer for GM Shares
5 May 2005
News Brief: Billionaire investor and Las Vegas casino mogul Kirk Kerkorian has made an $870 million offer to become one of the largest shareholders of General Motors Corp.
MGM Mirage to Double Stock, Keep Focus
4 May 2005
While panning Las Vegas as a community without a heart, MGM Mirage executives Tuesday outlined bold plans at the company's annual meeting for giving the destination an ambitious new urban core.
Nevada Economy: Sizing Up, Seeing Success
2 May 2005
The $7.9 billion merger of MGM Mirage and Mandalay Resort Group is closed. And Chairman Terry Lanni is convinced the deal will benefit Nevada and its economy.
Inside Gaming: Little Testimony in Tests for Merger
2 May 2005
A selection of news and views from inside the industry this week.
Ho Grabs Half-Stake in MGM Grand Paradise
28 Apr 2005
International News Brief: Casino heiress Pansy Ho has invested $80 million for a half-stake in MGM Grand Paradise, slated to become the city's fifth casino operator.
MGM Mirage, Mandalay Debt Rating Cut
27 Apr 2005
News Brief: Fitch Ratings on Tuesday cut its ratings on casino operators MGM Mirage and Mandalay Resort Group deeper into junk territory, citing MGM Mirage's acquisition of Mandalay.
MGM Mirage to Change NYSE Ticker Symbol
26 Apr 2005
MGM Mirage, which currently trades on the New York Stock Exchange under the ticker symbol MGG, has today announced that it will change its trading symbol to MGM.
MGM Scales Top of Heap
26 Apr 2005
MGM Mirage completed its $7.9 billion merger with Mandalay Resort Group on Monday afternoon, making it the largest gaming company in the world and the dominant business interest in Nevada.
Mandalay Purchase Expected to Close Today
25 Apr 2005
MGM Mirage is expected to close its historic $7.9 billion buyout of Mandalay Resort Group by this afternoon, welcoming the Mandalay properties into the fold, company officials said this morning.
MGM Mirage Invited to Submit Proposal for Singapore Casino
22 Apr 2005
MGM Mirage reports that it, along with its partner CapitaLand, has been invited by the Singapore government to submit a joint proposal for an integrated resort complex in the Marina Bayfront.
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