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MGM Resorts International News
MGM Mirage Calls it Quits on UK's Wembley
5 May 2004
ews Brief: MGM Mirage said all bets were off in its bid for UK racetrack owner Wembley Plc because it would not trump a 309 million pound recommended offer.
Casino Shares Fall
4 May 2004
News Brief: Shares of casino operators Mandalay Resort Group and MGM Mirage fell 6 percent on Tuesday after Merrill Lynch downgraded ratings on concerns growth in the white-hot sector would slow.
Gaming Execs Make Forbes Compensation List
4 May 2004
Top executives at four Nevada gaming companies -- Caesars Entertainment, Harrah's Entertainment, International Game Technology and MGM Mirage -- made this year's Forbes list of compensation at the top 500 U.S. companies.
MGM Mirage Reports Most Profitable Quarter
22 Apr 2004
MGM Mirage capitalized on strong casino play and improved hotel demand to produce its most-profitable quarter since MGM Grand Inc. and Mirage Resorts merged nearly four years ago.
MGM Mirage Profit Soars 50%
21 Apr 2004
Profit at MGM Mirage more than doubled in the first quarter as the improving economy and special events including Chinese New Year and the Super Bowl boosted results at the company's resorts in Las Vegas, the company reported today.
MGM Mirage Puts Diversity in Spotlight
21 Apr 2004
Diversity in the gaming industry was the focus of attention again Tuesday as MGM Mirage Chairman Terry Lanni released the company's 2003 diversity report.
MGM Mirage, UK Developer Reveal Casino Plans
19 Apr 2004
International News Brief: MGM Mirage and Manchester-based Peel Holdings are planning to build casinos in Manchester, Salford, Glasgow and Liverpool.
MGM Mirage UK Deal in Jeopardy
8 Apr 2004
International News Brief: MGM Mirage said last night a recommendation by MPs to limit the number of slot machines could jeopardise its plans in the UK.
MGM Mirage Raises Wembley Bid
8 Apr 2004
International News Brief: MGM Mirage raised its recommended offer for British racetrack owner Wembley Plc to at least 301 million pounds on Thursday, in a bid to knock out a rival U.S. suitor.
Casino Companies Compete for Lincoln Park
6 Apr 2004
News Brief: Rhode Island’s Lincoln Park could morph into a Las Vegas-style casino under plans laid out by a pair of high-powered gambling empires competing to buy the racing venue.
Wembley Adjourns Vote on Takeover
2 Apr 2004
News Brief: UK racetrack owner Wembley has postponed a shareholder vote on an agreed bid from U.S. casino operator MGM Mirage in order to weigh up a higher offer from a group of U.S. leisure firms.
Brokerage Sees Vegas Company Expanding in U.K.
30 Mar 2004
MGM Mirage officials are expected to announce three to four more deals this year to build casinos in the United Kingdom.
UK Panel: MGM Mirage Broke Rules
30 Mar 2004
International News Brief: Britain's Takeover Panel says that MGM Mirage was in breach of its rules when the casino firm said earlier that it might improve its offer for British gaming firm Wembley Plc.
Group Close to Upsetting MGM Bid for Wembley
19 Mar 2004
News Brief: A U.S. consortium including the owner of Bahamas' Atlantis resort moved a step closer to upsetting MGM Mirage's $493 million cash offer for British gaming firm Wembley on Friday.
MGM, Sands Deny Links to Liverpool
16 Mar 2004
MGM Mirage and Las Vegas Sands officials Monday denied reports that they are in talks with the British city of Liverpool about developing a hotel-casino there.
MGM Mirage Named Most Admired
3 Mar 2004
Fortune Magazine has named MGM Mirage one of 'America's Most Admired Companies'in its annual survey of companies with large U.S. operations.
Man Sues MGM Mirage
3 Mar 2004
News Brief: A Los Angeles lawyer who claims he was thrown out of Las Vegas last year because he was too lucky has sued MGM Mirage.
MGM Mirage Calls Reports of Imminent Deal with Macau Magnate Premature
11 Feb 2004
MGM Mirage confirmed Tuesday it still has its sights on developing a new casino in Macau, but said reports over the weekend of an imminent deal between Stanley Ho and the Las Vegas gaming giant were premature.
Shun Tak Denies Casino Venture with MGM
10 Feb 2004
News Brief: Shun Tak Holdings Ltd, controlled by Macau casino mogul Stanley Ho, denies a newspaper report that it was to take part in a venture to be formed with MGM Mirage Inc.
SJM, MGM to Announce Macau Deal
9 Feb 2004
Stanley Ho Hung-sun's casino company, Sociedade de Jogos de Macau and MGM-Mirage casino sub-concession will invest 4.4 billion patacas in Macau, according to an. informed source.
MGM Mirage, British Land Company Plan Entertainment Complex
3 Feb 2004
MGM Mirage and The British Land Company PLC plan to develop a leisure and entertainment complex adjacent to
British Land's Meadowhall Shopping Centre in Sheffield.
CEO Upbeat About Borgata's Future
29 Jan 2004
News Brief: Terry Lanni, CEO of MGM Mirage, is optimistic about the future of Borgata.
MGM Mirage Encouraged by Governor Plans
29 Jan 2004
News Brief: MGM Mirage's chairman and chief executive officer says he is encouraged by Gov. James E. McGreevey's new pledge not to raise taxes on casinos or push for video slot machines at New Jersey racetracks without first winning the gaming industry's support.
Properties Lift MGM Mirage Performance
28 Jan 2004
Profit more than doubled at MGM MIRAGE in Q4 2003 as gamblers and other customers rode an economic rebound, driving more visits to company resorts and higher spending on hotel rooms and other non-gaming amenities.
MGM Mirage Makes Offer to Wembley
27 Jan 2004
International News Brief: MGM Mirage has offered £270 million to Wembley, which owns dog tracks including Wimbledon, Oxford and Portsmouth and last year announced the closure of the Catford venue.
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