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MGM Resorts International News
Beau Rivage Plans Golf Course
25 Jan 2005
Beau Rivage plans to build a new 18-hole championship golf course on a 510-acre tract 20 minutes north of the resort.
Company Hires Former FBI Official To Oversee Security
25 Jan 2005
MGM Mirage has hired the former deputy director of the FBI to oversee security at its hotel-casinos as the gambling giant expands its operations into the Far East and possibly other countries.
Casinos Still Leery of Lottery
24 Jan 2005
Introducing a state lottery could be counterproductive and even hurt the state's primary industry, according to one casino representative.
Singapore Lures Gaming Groups
21 Jan 2005
The Singapore Tourism Board has hooked two of the sea's largest fish in its quest to lure world-class casinos to the Southeast Asian city-state.
Mandalay Buyout Prompts Changes in Management
20 Jan 2005
Sources familiar with Mandalay say it intends to divvy up control of the Mandalay properties among its executives rather than create and maintain a separate Mandalay Resort Group operating unit after its merger with MGM Mirage.
MGM Mirage, CapitaLand to Submit Singpore Proposal
20 Jan 2005
MGM Mirage and CapitaLand have agreed to submit a joint concept proposal to the Singapore government for the development of an integrated entertainment resort complex at Marina Bayfront in Singapore.
Big Six's Earnings Soar 40 percent in '04
17 Jan 2005
With the top six gaming companies about to report that their combined earnings are up more than 40 percent, analysts are predicting the Las Vegas gaming industry is entering the largest expansion in at least five years.
MGM-Mirage, Mandalay Deal Seen as Matter of When, Not If
17 Jan 2005
Federal antitrust approval of MGM Mirage's $7.9 billion buyout of the Mandalay Resort Group didn't materialize Friday.
MGM Mirage Calls in Notes
11 Jan 2005
MGM Mirage has called all of its outstanding 6 7/8% Senior Collateralized Notes due February 6, 2008 for redemption.
Developers Visit Possible Casino Sites
7 Jan 2005
News Brief: More than 100 potential developers, investors and operators discussed Singapore's proposed casino with the Singapore Tourist Board on Wednesday and visited two possible sites for the project.
MGM Mirage Named on Forbe's Best Managed List
6 Jan 2005
Forbes magazine has named MGM
Mirage one of the "Best Managed Companies in America," as part of
its annual Forbes Platinum 400 list of top-performing big corporations.
AGA Elects New Chairman, Board Members
5 Jan 2005
The board of directors elected MGM Mirage Chairman and CEO Terry Lanni to succeed former Harrah’s Chairman Phil Satre as chairman of the AGA.
Reservation Frustration: Getting Bumped
4 Jan 2005
Industry sources attribute overbooking primarily to hotel operators' collective desire to run as close to 100 percent occupancy as possible.
Index Shows 2004 a Scorcher for Casino Stocks
4 Jan 2005
Gaming stocks closed 2004 with a flourish and analysts don't foresee future roadblocks that could slow the climbing prices.
Casino Stocks Amongst Bests of 2004
3 Jan 2005
News Brief: Taking a gamble on gambling paid off handsomely in 2004. Casino stocks were among the best performers last year.
2004 In Review: Merging And Converging
28 Dec 2004
A rebounding economy, roller-coaster gasoline prices, corporate mergers, and record earnings were stories with national implications that had local undertones.
Bellagio's New Rooms Keep Luxury Level High
23 Dec 2004
With Bellagio recognized by AAA as a five-diamond property -- the organization's highest rating -- the hotel-casino's executives say they needed to carry that same level of expectation into the resort's newest addition, which opens to customers this morning.
Future of Gaming: A Developing Interest
20 Dec 2004
The scheduled opening in April of the $2.5 billion Wynn Las Vegas may be the catalyst for the newest wave of casino construction along the Strip and around the valley.
Casino Stocks on a Roll
20 Dec 2004
News Brief: Casino stocks have been on a roll, and some investors are betting on continued strong growth in Las Vegas and gains from industry expansion as far afield as China.
Mississippi Commission Approves MGM Mirage-Mandalay Merger
15 Dec 2004
MGM Mirage report that the Mississippi Gaming Commission has approved the company's merger with Mandalay Resort Group pending receipt of other required approvals.
Mandalay Shareholders Approve Merger
13 Dec 2004
In a meeting that ended almost as quickly as it began, shareholders of Las Vegas-based Mandalay Resort Group on Friday approved their company's proposed $7.9 billion sale to local gaming giant MGM Mirage.
Mandalay Stockholders Approve Merger
10 Dec 2004
Mandalay Resort Group reports that this morning at its 2004 annual meeting of stockholders the merger agreement between MGM Mirage and the company was approved by the company's stockholders.
Exec: Encouraging Diversity Can Help Bottom Line
9 Dec 2004
The head of the MGM Mirage's diversity program says having same-sex benefits available may be the difference in a recruitment battle with a competitor.
Execs: Nevada's Success Lies in Investment
8 Dec 2004
Two Las Vegas gaming executives say there is an ever-increasing need for capital investment in attractions and attention to quality customer service if Nevada is going to maintain its edge as the premiere gaming destination in the world.
MGM Mirage Changes Tactics in Detroit
6 Dec 2004
In a quest to complete its proposed $7.9 billion acquisition of the Mandalay Resort Group during the first quarter of 2005, MGM Mirage plans to sell its Detroit casino and keep that city's Mandalay-owned casino.
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