Topic: MGM Mirage Inc.
During MGM Mirages fourth-quarter earnings conference call last month, the companys executives attempted to address questions that have dogged them since the recession began. With tourism down, would CityCenter steal business from the companys other Strip hotels rather than attract additional customers to Las Vegas? Would Aria have to use extremely low rates to keep rooms occupied? Three months after ...
Asian casino magnate Stanley Ho denied Thursday that he has ties to Chinese organized crime gangs. His denial via a spokeswoman came a day after New Jersey gambling regulators released a report that accused Ho of letting gangs operate and prosper inside his casinos. MGM Mirage ...
LOS ANGELES/HONG KONG (Reuters) - MGM Mirage's plan to exit the mature Atlantic City market in favor of booming Macau removes a year of overhang from the company and should clear the way for a share offering in Hong Kong by June. MGM Mirage said it planned to give up its New Jersey gambling license by selling its 50 ...
