SF Chronicle |
November 5th, 2008 |
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Nevada gambling regulators have given preliminary approval for Dubai World to invest more than $6 billion in casino giant MGM Mirage Inc. The state Gaming Control Board gave its OK on Wednesday for several subsidiaries of the investment arm of the Persian[...]
LA Times |
October 29th, 2008 |
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Casino giant says third-quarter gambling revenue slumped 8%, and average Strip room rates fell $12, to $135.[...]
SF Chronicle |
October 20th, 2008 |
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A spokesman for MGM Mirage Inc. says the casino company is unlikely to give performance bonuses to its employees at the end of this year because it expects to fall short of its profitability goals. MGM Mirage spokesman Gordon Absher said Monday the company[...]
SF Chronicle |
October 14th, 2008 |
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A spokesman for MGM Mirage Inc. says the casino company has withdrawn from the Nevada Resort Association, the advocacy group for the state's largest industry. MGM Mirage spokesman Gordon Absher said Tuesday that the company is watching its spending carefully[...]
SF Chronicle |
September 28th, 2008 |
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Casinos and other businesses disagree on how best to raise money for Nevada's state budget, but leaders on all sides say they hope tensions won't get out of control next year, when legislators are expected to approve a budget for 2010-2011. MGM Mirage Inc.[...]
Seeking Alpha |
September 10th, 2008 |
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Apparently more than just the lines in the sports book, …at least so says the CEO of MGM Mirage (see Casino CEO Encourages Newspapers to Change).According to Terry Lanni, the CEO of MGM Mirage Casinos (MGM), newspapers stand to learn a fair amount about change from Las Vegas:[...]
SF Chronicle |
September 8th, 2008 |
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The chief executive of the world's second-largest casino company told newspaper editors Monday that he wished them the best in embracing change in the journalism industry, and said Las Vegas casinos have required reinvention to remain profitable. MGM Mirage[...]
The Dow could not get anything going. Low volume and general malaise hit shares of major financial companies, which dragged the rest of the market lower. The equity market was pressured throughout the session after reports on wholesale inflation suggested - again - worry on the inflation front. Seeding the [...]
One pro believes a deal could be in the cards for casino operator MGM Mirage, whose big investors include Kirk Kerkorian and Dubai World[...]
MarketWatch's Bill Spain talks to executives from Boyd Gaming and MGM Mirage about how the new $400 million Borgata Water Club will fare despite the economy's impact on tourism. (June 27)[...]
ATLANTIC CITY - Bill Boyd ignored the naysayers and, with MGM Mirage, placed a $1.1 billion bet here five years ago to build a Las Vegas-style megacasino, the Borgata, in the city's Marina District.[...]
Deutsche Bank is out with a wonderful (and Actionable) call on Casino stocks noting the sector has been hit hard as of late, with large cap names such as Las Vegas Sands (LVS), MGM Mirage (MGM), and Wynn Resorts (WYNN) down 25% on average since oil prices spiked ~3.5 months [...]
MGM Mirage's $9.2 billion CityCenter project on the Las Vegas Strip is drawing intense scrutiny amid a number of construction-worker deaths.[...]
Macau, now known as the "Las Vegas of China", has already passed the entire state of Nevada, let alone the Las Vegas Strip, in terms of revenue. This is fueled by the fact that Macau is the only area in China where gambling is legal, where enormous wealth is being [...]
MGM Mirage officials topped off the first of six high-rise towers on its CityCenter development Wednesday, and a senior company official said it was pushing ahead despite nervousness across the casino industry because of the uneasy U.S. economy. Bobby[...]
