| Date | Title | |
| Nov.20.09 | City of Gold: Vegas' CityCenter Earns Six LEED(R) Gold Certifications for Hotels, Residences and Retail District Opening This December| LAS VEGAS, Nov. 20 /PRNewswire-FirstCall/ -- Affirming its commitment to bring a new level of environmental consciousness to the Las Vegas Strip, CityCenter has earned its fifth and sixth LEED®+ Gold ratings from the U.S. Green Building Council with the certification of Mandarin Oriental, Las Vegas and Veer Towers. The accomplishment completes the certification process for all CityCenter components opening this December, and marks the highest LEED achievement by any hotel, retail district or re... |
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| Nov.18.09 | CityCenter Web Site Brings Groundbreaking New Las Vegas Destination to Life| Three-Dimensional Video Navigation Immerses User in the CityCenter Experience LAS VEGAS, NV, Nov 18, 2009 (MARKETWIRE via COMTEX) -- An evolutionary destination designed to transform Las Vegas at its
core, CityCenter will be unveiled to the world this December. Yet
now, weeks before the groundbreaking project opens its doors to the
public, people everywhere can sample some of the energy and
sophistication of CityCenter without ever leaving their chairs. Just
launched, CityCenter's new W... |
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| Nov.16.09 | MGM MIRAGE Management to Present at the Global Gaming Expo - G2E|
LAS VEGAS, Nov. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation today at the Global Gaming Investment Forum sponsored by Deutsche Bank and UBS in Las Vegas, Nevada. A complete copy of the presentation will be available by visiting our web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected companies with significant holdings in gaming, hospitality and entertainment, owns and operates 16 prope... |
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| Nov.09.09 | Concierge Now On Hand to Assist ARIA Resort & Casino Guests With Ideal Vegas Visit|
LAS VEGAS, Nov. 9 /PRNewswire-FirstCall/ -- Planning a visit to Las Vegas can now be accomplished with unprecedented ease. Beginning today, the expert Concierge of ARIA Resort & Casino at CityCenter are only a phone call or e-mail away, ready to provide ARIA guests personalized assistance on everything from transportation and tee times to dining, spa and show reservations. Upon opening December 16, ARIA will introduce a new generation of resort experiences, giving people arou... |
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| Nov.05.09 | MGM Mirage Reports Third Quarter Financial Results| LAS VEGAS, Nov. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today announced its financial results for the third quarter of 2009. The Company reported a third quarter diluted loss per share of $1.70 compared to income per share of $0.22 in the prior year third quarter. The current year results were impacted by non-cash impairment charges totaling $1.17 billion, or $1.72 loss per diluted share net of tax, including a pre-tax non-cash impairment charge of $956 million related to the Company... |
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| Nov.03.09 | CityCenter Introduces Vdara Health & Beauty, An Intimate Spa Focused on Holistic Health and Well-Being| Reservations Now Being Accepted
LAS VEGAS, Nov. 3 /PRNewswire/ -- Vdara Hotel & Spa at CityCenter introduces Vdara Health & Beauty, a sensuous spa sanctuary that spotlights holistic health and well-being in an intimate environment. Opening December 1, Vdara Health & Beauty will be an 18,000-square-foot, two-level spa, salon and fitness center celebrating the calming power of water. The spa will present a thoughtfully orchestrated journey, personalized to maximize each guest's experience.
Co... |
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| Oct.27.09 | MGM MIRAGE Announces Non-Cash Charges Relating to its Investment in CityCenter|
LAS VEGAS, Oct. 20 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that it expects to record a pre-tax non-cash impairment charge of approximately $955 million related to its investment in CityCenter; such charge will be reflected in the Company's statement of operations for the third quarter. In addition, CityCenter, the Company's 50/50 joint venture with Infinity World Development Corp, is expected to recognize a $348 million non-cash impairment... |
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| Oct.27.09 | MGM MIRAGE Management to Present at Wells Fargo Securities Consumer Growth Conference|
LAS VEGAS, Oct. 27, /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation today at the Wells Fargo Securities Consumer Growth Conference in New York. A complete copy of the presentation will be available by visiting our web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected companies with significant holdings in gaming, hospitality and entertainment, owns and operates 16 properties located in N... |
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| Oct.22.09 | Crystals at CityCenter Achieves LEED(R) Gold Certification| LAS VEGAS, Oct. 22 /PRNewswire-FirstCall/ -- Crystals, the retail and entertainment district at CityCenter, has achieved LEED®+ Gold Core & Shell certification from the U.S. Green Building Council (USGBC), making it the world's largest retail district to receive this level of recognition. Opening in December, CityCenter was created with a vision to introduce a new level of environmental consciousness to the world-famous Strip and has emerged as a leader in sustainable urban development. Crys... |
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| Oct.20.09 | MGM MIRAGE Announces Non-Cash Charges Relating to its Investment in CityCenter| Company Also Sets Earnings Release for November 5, 2009
LAS VEGAS, Oct. 20 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that it expects to record a pre-tax non-cash impairment charge of approximately $955 million related to its investment in CityCenter; such charge will be reflected in the Company's statement of operations for the third quarter. In addition, CityCenter, the Company's 50/50 joint venture with Infinity World Development Corp, is expected to rec... |
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| Oct.13.09 | CityCenter Reveals The Spa at ARIA, Opening December| Innovative 80,000-Square-Foot Spa and Salon Brings Nature's Elements Within LAS VEGAS, NV, Oct 13, 2009 (MARKETWIRE via COMTEX) -- Synchronizing balance and beauty, The Spa at ARIA invites guests
into a peaceful haven where nature's healing properties take center
stage. Salt, stone, earth, fire and water join to create a spa
experience that will elevate guests to a meditative state for
introspection and relaxation. Opening with ARIA Resort & Casino this
December, the two-level Spa w... |
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| Oct.13.09 | Alexander M. Haig, Jr. Resigns from MGM MIRAGE Board|
LAS VEGAS, Oct. 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that Gen. Alexander M. Haig, Jr. has resigned from the Company's Board of Directors. Gen. Haig has served as a Director and Consultant for the Company since May 1990.
"We are tremendously honored that Gen. Haig has played a key role in the direction of our Company for the past 19 years," said MGM MIRAGE Chairman and Chief Executive Officer James J. Murren. "His knowledge and experti... |
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| Oct.05.09 | CityCenter Announces Residential Price Reductions| Closings to Begin in January with The Residences at Mandarin Oriental, Las Vegas
LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- CityCenter, the groundbreaking 67-acre city-within-a-city on the Las Vegas Strip, has announced that a 30 percent price reduction will be offered at closing to the existing buyers of CityCenter’s three luxury residential offerings: The Residences at Mandarin Oriental, Las Vegas, Veer Towers and Vdara Condo Hotel.
“We believe that in this economic climate this ... |
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| Oct.01.09 | MGM MIRAGE Announces Termination of Its Exchange Offer|
LAS VEGAS, Oct. 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that it has terminated its offer to eligible holders to exchange a portion of the $782 million in aggregate outstanding principal amount of the Company's 8.50% Senior Notes due 2010 (the "Existing Notes") for the Company's 10.00% Senior Notes due 2016 (the "New Notes").
The exchange offer was subject to a minimum condition that no less than $25 million of New Notes must be issuable for... |
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| Sep.21.09 | CityCenter Initiates Job Offers for 12,000 Permanent Positions| Opening in December, CityCenter Represents Nation's Single Largest Employment Opportunity
LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- Today, CityCenter embarks on the single largest hiring effort in the nation as it begins to fill 12,000 permanent positions. The spectacular urban resort destination will open on the Las Vegas Strip this December.
"We're proud to celebrate this significant milestone as we begin to extend job offers to 12,000 deserving individuals. Rich in diversity, intellig... |
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| Sep.18.09 | MGM MIRAGE Prices $475 Million in Senior Unsecured Notes|
LAS VEGAS, Sept. 18 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that, on September 17, 2009, it priced a private offering of $475 million principal amount of 11.375% Senior Notes due 2018 at a price of 97.396%. The transaction is expected to close on September 22, 2009. The net proceeds of the offering will be used to reduce the outstanding borrowings under the Company's senior credit facility and for general corporate purposes.
The notes will be general s... |
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| Sep.17.09 | MGM MIRAGE Announces Amendments to Pending Exchange Offer| LAS VEGAS, Sept. 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today that it is amending the terms of its previously announced offer to eligible holders to exchange a portion of the $782 million in aggregate outstanding principal amount of the Company's 8.50% Senior Notes due 2010 (the "Existing Notes") for the Company's 10.00% Senior Notes due 2016 (the "New Notes"). The exchange offer has been amended to:
-- reduce the maximum aggregate principal amount of Existing N... |
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| Sep.17.09 | MGM MIRAGE Announces Proposed Private Placement of Senior Unsecured Notes|
LAS VEGAS, Sept. 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today announced that it proposes to make a private placement of $350 million in aggregate principal amount of senior unsecured notes due 2018. The Company plans to use the net proceeds from the offering to reduce the outstanding borrowings under the Company's senior credit facility and for general corporate purposes.
The notes will be general senior unsecured obligations of the Company, guaranteed on an unsecured basis ... |
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| Sep.16.09 | Video: Vegas' CityCenter Opens Doors to World's Most Spectacular Offerings in One Singular Setting, December 2009| Landmark Destination to Introduce New Generation of Las Vegas Resort Experiences
LAS VEGAS, Sept. 16 /PRNewswire-FirstCall/ -- In just three short months, the world will be introduced to CityCenter. An extraordinary urban resort destination brought to life by eight world-renowned architects, CityCenter will debut a new era of resort experiences with an ambition to refine and redefine Las Vegas.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/mgm/40097/
(Photo: h... |
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| Sep.11.09 | MGM MIRAGE Announces an Extension of the Early Participation Date for Its Pending Exchange Offer| LAS VEGAS, Sept 11, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) announced today that it is extending the early participation date for its previously announced offer to eligible holders to exchange a portion of the $782 million in aggregate outstanding principal amount of the Company's 8.50% Senior Notes due 2010 (the "Existing Notes") for up to $500 million of the Company's 10.00% Senior Notes due 2016 (the "New Notes"). The early participation date was extended from 5:00 p... |
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| Aug.28.09 | Joseph H. Sugerman, M.D. is Elected to Join the MGM MIRAGE Board of Directors|
LAS VEGAS, Aug. 28 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today announced that Joseph H. Sugerman, M.D., F.A.C.S. has accepted an invitation to join the Company's Board of Directors. The California physician was elected to his new post by the Board of Directors at their meeting held on Aug. 25. Dr. Sugerman's election to the Board is subject to required approvals or waivers from gaming regulators.
"I am delighted to announce that Dr. Sugerman has been elected to join our Boar... |
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| Aug.27.09 | MGM Mirage Announces Exchange Offer Relating to its 8.50% Senior Notes Due 2010| LAS VEGAS, Aug. 27 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) announced today the commencement of an offer to eligible holders to exchange a portion of the $782 million in aggregate outstanding principal amount of its 8.50% Senior Notes due 2010 (the "Existing Notes") for up to $500 million of 10.00% Senior Notes due 2016 (the "New Notes"). The complete terms and conditions of the exchange offer are set forth in a confidential offering memorandum dated August 27, 2009 and the related lett... |
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| Aug.06.09 | Video: Las Vegas' CityCenter To Be One of the World's Largest Green Developments| CityCenter Emerges as Leader of Sustainable Urban Development, Driving Green
Economies of Scale in Multiple Industry Segments
LAS VEGAS, Aug. 6 /PRNewswire-FirstCall/ -- Created with a vision to bring
a new level of environmental consciousness to the world-famous Strip,
CityCenter will be one of the world's largest sustainable developments, from
design and construction to operations and guest amenities. An extraordinary
urban resort destination brought to life by ... |
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| Aug.03.09 | MGM MIRAGE Reports Second Quarter Financial Results| --Significant Capital Raise Improves Financial Position;--Operating Trends Stabilize in Second QuarterLAS VEGAS, Aug 03, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) today announced its financial results for the second quarter of 2009. The Company reported a second quarter diluted loss per share of $0.60 compared to income per share of $0.40 in the prior year second quarter. The current year result was impacted by non-cash impairment charges of $188 million, or $0.34 per dil... |
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| Jul.15.09 | MGM MIRAGE Management to Present at the Oppenheimer 9th Annual Consumer, Gaming, Lodging & Leisure Conference| LAS VEGAS, July 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Oppenheimer 9th
Annual Consumer, Gaming, Lodging, & Leisure Conference being held in Boston,
MA. A complete copy of the presentation will be available by visiting the
Company's website at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
companies with significant holdings in gaming, hospitality and entertainment,
owns... |
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| Jul.15.09 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, July 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) announced today that it will release the Company's financial results for the second quarter ended June 30, 2009 prior to the market open on Monday, August 3, 2009, followed by a conference call at 11:00 a.m. Eastern Daylight Time.
The conference call will include a brief discussion of second quarter results followed by a question and answer period. The call will be accessible via the Internet through www.mgmmi... |
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| Jul.09.09 | HOTEL32 at Monte Carlo -- Life-at-the-Top Accommodations -- Opening August 10| Reservations Now Being Accepted for Boutique Hotel Which Promises to Make Everyone Feel Rich and FamousLAS VEGAS, NV, Jul 09, 2009 (MARKETWIRE via COMTEX) -- You don't have to be a celebrity to be treated like one at the
soon-to-open HOTEL32. Located on Monte Carlo's top floor, the
exclusive boutique hotel, opening August 10, will offer the escape
savvy travelers search for but seldom find; a celebrity VIP
experience, available to all.
Right from the start you'll know you have found somethi... |
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| Jun.16.09 | MGM MIRAGE Announces Receipt of Requisite Consents in Its Consent Solicitation for Its 13% Senior Secured Notes Due 2013| LAS VEGAS, June 16, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) today announced the expiration of, and receipt of requisite consents in, its consent solicitation with respect to an amendment to the indenture governing its 13% Senior Secured Notes due 2013 ($750 million aggregate principal amount; CUSIP Nos. 552953 BD2 and U5928T AH4) (the "Notes"). The amendment provides that the non-collateral asset sale covenant does not apply to the previously announced sale of Treasure ... |
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| Jun.16.09 | MGM MIRAGE and New Giza for Real Estate Development Company Announce Agreement to Include MGM Grand Resort at Development Outside Cairo Near Egypt's Famous Pyramids| LAS VEGAS, June 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
New Giza for Real Estate Development - an Egyptian company building a luxury,
mixed-use community near the base of the famous pyramids - today announced
plans to develop the MGM Grand New Giza. All equity funding for the
development will be provided by New Giza for Real Estate Development. MGM
MIRAGE will provide management services and brand fees through MGM MIRAGE
Hospitality.
Conveniently located 40 minute... |
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| Jun.11.09 | MGM MIRAGE Announces Expiration of the Tender Offer for Senior Notes Maturing in 2009| LAS VEGAS, June 11, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) today announced the final results of the cash tender offer (the "Offer") to purchase any and all of the 6.50% senior notes due July 31, 2009 ($226.3 million aggregate principal amount; CUSIP No. 562567 AM9) of Mandalay Resort Group, and its 6.00% senior notes due October 1, 2009 ($820.0 million aggregate principal amount; CUSIP No. 552953 AF8) collectively (the "Notes").
As of 11:59 p.m., New York City time, on... |
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| Jun.05.09 | MGM MIRAGE Announces Consent Solicitation for Its 13% Senior Secured Notes Due 2013| LAS VEGAS, June 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has commenced a consent solicitation with respect to a
proposed amendment to the indenture governing its 13% Senior Secured Notes due
2013 ($750 million aggregate principal amount; CUSIP Nos. 552953 BD2 and
U5928T AH4) (the "Notes"). The proposed amendment would provide that the
non-collateral asset sale covenant does not apply to the previously announced
sale of Treasure Island. In addition, t... |
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| Jun.01.09 | MGM MIRAGE Management to Present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference| LAS VEGAS, June 1, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation today at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference being held in New York. A complete copy of the presentation will be available by visiting the Company's web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected companies with significant holdings in gaming, hospitality and entertainment, owns and ... |
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| May.28.09 | MGM MIRAGE Announces Early Results in Connection With the Tender Offer for Senior Notes Maturing in 2009| LAS VEGAS, May 28 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced the results to date of the cash tender offer (the "Offer") to
purchase any and all of the 6.50% Senior Notes due July 31, 2009 ($226.3
million aggregate principal amount; CUSIP No. 562567 AM9) of Mandalay Resort
Group, and its 6.00% senior notes due October 1, 2009 ($820.0 million
aggregate principal amount; CUSIP No. 552953 AF8) collectively (the "Notes").
As of 5:00 p.m., Eastern Daylight Time, on ... |
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| May.19.09 | MGM MIRAGE Completes Historic Capital Raise| - Company Completes Sale of
$1.5 Billion
of Senior Secured Notes and Sale
of Over
$1 Billion
of Common Stock
- Senior Credit Facility Amended
LAS VEGAS
,
May 19
/PRNewswire-FirstCall/ --
MGM MIRAGE
(NYSE: MGM)
announced today that it has completed its previously announced private
offering of
$1.5 billion
total principal amount of senior secured notes and
underwritten public offering of more than
$1 billion
of
MGM MIRAGE
... |
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| May.14.09 | MGM MIRAGE Prices $1.5 Billion in Senior Secured Notes| LAS VEGAS, May 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has priced a private offering of $1.5 billion
principal amount of Senior Secured Notes. The company priced $650 million in
10.375% Senior Secured Notes due May 2014 at a price of 97.184% and $850
million in 11.125% Senior Secured Notes due November 2017 at a price of
97.344%. The transaction is expected to close on May 19, 2009.
The notes will rank as general senior obligations of MGM MIRAG... |
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| May.14.09 | MGM MIRAGE Completes $1 Billion Common Stock Offering| LAS VEGAS, May 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has completed its previously announced $1 billion public
offering of common stock through the issuance of 143 million shares. All of
the shares are being sold by MGM MIRAGE.
The Company plans to use the net proceeds from the offering, together with
the net proceeds of a concurrent offering of senior secured notes, to (i)
repay not less than $750 million of the outstanding amount under its se... |
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| May.13.09 | MGM MIRAGE Announces Tender Offer for Senior Notes Maturing in 2009| LAS VEGAS, May 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (the "Company") today announced that it has commenced a cash tender offer (the "Offer") to purchase any and all of the 6.50% Senior Notes due July 31, 2009 ($226.3 million aggregate principal amount; CUSIP No. 562567 AM9) of Mandalay Resort Group, and its 6.00% senior notes due October 1, 2009 ($820.0 million aggregate principal amount; CUSIP No. 552953 AF8) collectively (the "Notes"). The tender offer is being made pursuant... |
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| May.13.09 | MGM MIRAGE Announces Proposed Private Placement| LAS VEGAS, May 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it proposes to make a private placement of $1.5 billion in
aggregate principal amount of senior secured notes in two tranches due 2014
and 2017, respectively. The Company plans to use the net proceeds from the
offering, together with other proceeds, to (i) repay not less than $750
million of the outstanding amount under its senior credit facility, (ii)
redeem all of the 7.25% senior debentures due ... |
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| May.13.09 | MGM MIRAGE Announces Common Stock Offering| LAS VEGAS, May 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has commenced an underwritten public offering of 81.0
million shares of its common stock. It is expected that the offering will
have gross proceeds of approximately $1 billion. Merrill Lynch & Co.,
Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and UBS Investment Bank
are acting as joint book-running managers for the offering. The underwriters
for the offering will have a 30-day option ... |
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| May.13.09 | MGM MIRAGE Enters into an Amendment and Waiver to its Senior Credit Facility| LAS VEGAS, May 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) today announced that it has entered into amendment no. 6 and waiver to its senior credit facility, the effectiveness of which is conditioned upon (i) the closing of concurrent offerings of our common stock and our new senior secured notes offering, with the gross proceeds of the offerings not to be less than $2.5 billion, (ii) permanent repayment of $750 million of the credit facility borrowings, allocated betwee... |
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| May.04.09 | MGM MIRAGE Reports First Quarter Financial Results| LAS VEGAS, May 4, 2009 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM) today announced its financial results for the first quarter of 2009. The Company reported first quarter diluted earnings per share (EPS) of $0.38 compared to $0.40 per share in the prior year first quarter. The current year results include a gain of $0.44, net of tax, related to the sale of the Treasure Island hotel and casino.
Operating Results and Outlook
Net revenue decreased 20% to $1.5 billion in the fir... |
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| May.01.09 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, May 1 /PRNewswire-FirstCall/ -- MGM MIRAGE will formally
release its results of operations for the first quarter ended March 31, 2009
following the market close on May 4, 2009. The Company will host a conference
call at 5:00 p.m. Eastern time which will include a brief discussion of first
quarter results followed by a question and answer period.
The call will be accessible via the Internet through www.mgmmirage.com and
www.companyboardroom.com or by calling 1-800-526-85... |
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| Apr.29.09 | MGM MIRAGE ENTERS INTO AN AMENDMENT TO ITS SENIOR CREDIT FACILITY| Company Secures Approval To Fund Its Share Of CityCenter Equity
Contributions And Extends Waiver Period Through June 30, 2009
LAS VEGAS, April 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has entered into an amendment to its senior credit facility,
including a waiver through June 30, 2009, of the requirement that the Company
comply with the senior credit facility's financial covenants.
Under the terms of the amendment and waiver, the Company will ... |
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| Apr.29.09 | MGM MIRAGE, Dubai World and CityCenter's Lenders Reach Agreement for Completion of CityCenter| Project Receives Approval for Full Financing
Dubai World Dismisses Lawsuit Against MGM MIRAGE
LAS VEGAS and DUBAI, United Arab Emirates, April 29 /PRNewswire-FirstCall/
-- MGM MIRAGE (NYSE: MGM) and Dubai World through subsidiary Infinity World,
50/50 joint venture partners in the CityCenter project, today announced that
the companies have reached an agreement on a revised joint venture agreement
and also reached an agreement with CityCenter's lenders on a comprehensi... |
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| Apr.17.09 | MGM MIRAGE Provides Funds to Ensure Construction Continues at CityCenter| LAS VEGAS, April 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that, as permitted under the terms of the Company's previously
announced amendment of its senior credit facility, it has provided $70 million
to cover the current construction costs for CityCenter. The payment by MGM
MIRAGE includes $35 million that should have been funded by Infinity World, a
subsidiary of Dubai World.
"MGM MIRAGE remains dedicated to supporting the completion of CityCenter,
reco... |
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| Apr.13.09 | MGM MIRAGE Receives Bank Support to Fund 100 Percent of Current Construction Costs for CityCenter| LAS VEGAS, April 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM),
today announced that it has received the support of its banks and has entered
into an amendment of its senior credit facility.
Under the newly obtained amendment, MGM MIRAGE's senior lenders have
provided the company with the ability to pay the full amount of current
construction costs for CityCenter totaling $70 million due no later than April
17, 2009. This amendment allows MGM MIRAGE to fund Dubai World's $35... |
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| Mar.27.09 | MGM MIRAGE Provides Required Funds to Ensure Construction Continues at CityCenter| Company Receives Waiver From Its Lenders to Fund 100 Percent of Required
March Equity Contributions for CityCenter
LAS VEGAS, March 27 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM),
today announced that it is, with the authorization of its senior lenders,
providing $200 million of funding to CityCenter to satisfy the required
sponsor equity contributions due on or about March 24, 2009. The funding
includes $100 million which should have been funded by Dubai World. This
allows... |
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| Mar.20.09 | MGM MIRAGE Completes the Sale of Treasure Island to Phil Ruffin| LAS VEGAS, March 20 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has completed its previously announced sale of Treasure
Island Hotel & Casino ("TI") to Ruffin Acquisition, LLC for $775 million.
Ruffin Acquisition, LLC is wholly owned by Phil Ruffin.
At closing, MGM MIRAGE received $600 million in cash proceeds and a $175
million secured note bearing interest at 10% payable not later than 36 months
after closing. Ruffin Acquisition, LLC has an opt... |
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| Mar.17.09 | MGM MIRAGE Reports Fourth Quarter and Full Year Results| Company Enters into an Amendment to Its Senior Credit Facility Providing a
Waiver of Financial Covenants through May 15, 2009
LAS VEGAS, March 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its 2008 fourth quarter and full year financial results and provided
details of a waiver and amendment of its senior credit facility.
Summary of Fourth Quarter Operating Results
The Company reported a fourth quarter diluted loss per share from
continuing operations o... |
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| Mar.16.09 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, March 16 /PRNewswire-FirstCall/ -- MGM MIRAGE will formally
release its results of operations for the fourth quarter and full year 2008
following the market close on March 17, 2009. The Company will host a
conference call at 6:00 p.m. Eastern Daylight Savings Time which will include
a brief discussion of these results followed by a question and answer period.
The call will be accessible via the Internet through www.mgmmirage.com and
www.companyboardroom.com or by callin... |
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| Jan.07.09 | CityCenter Announces Scope Changes| LAS VEGAS, Jan 07, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- The Harmon Hotel & Spa Opening to Be Postponed and The Harmon Condominium Component to be Cancelled
CityCenter Holdings, LLC, a joint venture between MGM MIRAGE (NYSE: MGM) and Infinity World Development Corp, today announced certain scope changes related to The Harmon Hotel & Spa which include postponing the opening of the hotel to late 2010 and cancelling The Harmon residential condominium component.
CityCenter Holdi... |
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| Dec.15.08 | MGM MIRAGE Enters Into Agreement to Sell Treasure Island to Phil Ruffin| LAS VEGAS, Dec. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Ruffin Acquisition, LLC today announced that they have entered into an
agreement whereby MGM MIRAGE, through its wholly-owned subsidiary The Mirage
Casino-Hotel, will sell Treasure Island Hotel & Casino ("TI") to Ruffin
Acquisition, LLC for $775 million. Ruffin Acquisition, LLC is wholly owned by
Phil Ruffin.
The purchase price is to be paid at closing as follows: $500 million in
cash and $275 million in secu... |
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| Dec.09.08 | MGM MIRAGE Hospitality Forms Global Gaming Division with Lloyd Nathan as President| LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE Hospitality, a
wholly owned subsidiary of MGM MIRAGE (NYSE: MGM), announced today the
formation of MGM MIRAGE Global Gaming Development, a new division principally
focused on MGM MIRAGE's international gaming expansion into new markets.
Lloyd Nathan has been named to lead MGM MIRAGE Global Gaming Development
as President.
"Lloyd's extensive international gaming development experience, coupled
with his strong legal backgrou... |
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| Dec.09.08 | The Mirage Introduces New Volcano to The Las Vegas Strip| Superstar Terry Fator, Mayor Oscar Goodman and Grateful Dead Drummer Mickey Hart On Hand to Introduce New Iconic Attraction to the CityLAS VEGAS, NV, Dec 09, 2008 (MARKET WIRE via COMTEX News Network) -- The Mirage, a wholly owned subsidiary of MGM MIRAGE (NYSE: MGM),
once again set the standard for Strip-front attractions today as its
redesigned signature Volcano premiered to the world. When The Mirage
first unveiled The Volcano in 1989 the landscape of Las Vegas was
forever altered. This... |
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| Dec.09.08 | Video: The Mirage Introduces New Volcano to the Las Vegas Strip| Superstar Terry Fator, Mayor Oscar Goodman and Grateful Dead Drummer
Mickey Hart On Hand to Introduce New Iconic Attraction to the City
LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- The Mirage once again set the
standard for Strip-front attractions today as its redesigned signature Volcano
premiered to the world. When The Mirage first unveiled The Volcano in 1989 the
landscape of Las Vegas was forever altered. This all-new audio/visual
spectacle again raises the bar with never-before... |
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| Dec.08.08 | MultiVu Video Feed: THE MIRAGE DEBUTS NEW VOLCANO ON THE LAS VEGAS STRIP| The Mirage will set a new standard for Strip-front attractions with the
premiere of its redesigned signature Volcano. Raising the bar with
never-before-seen fire effects and an all-new soundtrack created by Grammy
award-winner and Rock and Roll Hall of Famer Mickey Hart and Indian tabla
virtuoso Zakir Hussain, The Volcano will again light up the Las Vegas Strip.
In honor of the new Volcano and the exclusive soundtrack composed by Hart
and Hussain, The Mirage also will present a d... |
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| Nov.18.08 | Your Personal Vegas Concierge Is Only a Click Away at yourvegasbeat.com| MGM MIRAGE Delivers the Latest Las Vegas Deals and Information via Twitter and Facebook
LAS VEGAS, NV, Nov 18, 2008 (MARKET WIRE via COMTEX News Network) -- Whether planning a trip, scouting for deals or simply scoping out
the Vegas scene, the MGM MIRAGE powered website, yourvegasbeat.com,
provides a simple one-stop source for everything Las Vegas. Visitors
even receive personal answers to individual queries via the Vegas
Concierge.
On hand to shoot out last-minute data on everything from... |
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| Nov.18.08 | James J. Murren Elected Chairman and CEO of MGM MIRAGE| LAS VEGAS, Nov. 18 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that its Board of Directors has elected James J. Murren as the
Company's Chairman and Chief Executive Officer, effective December 1, 2008.
J. Terrence Lanni will continue as a member of the Board and will join the
Diversity Committee.
"I am honored to have been chosen to lead this remarkable company," said
Mr. Murren. "We are fortunate to have the industry's best people and most
enduring brands. ... |
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| Nov.18.08 | MGM MIRAGE Hospitality and Asian Coast Development Ltd. Announce Plans to Develop MGM Grand Ho Tram Integrated Resort in Vietnam| Collaborative project to be owned and financed by Asian Coast Development and
Managed by MGM MIRAGE
LAS VEGAS, Nov. 18 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Asian Coast Development Ltd. (ACDL) today announced plans to develop the MGM
Grand Ho Tram -- Vietnam's first "Las Vegas style" integrated resort. ACDL
will own and finance the project, and MGM MIRAGE will provide development
assistance, brand equity and operate the five-star integrated r... |
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| Nov.17.08 | MGM MIRAGE Management to Present at Global Gaming Investment Forum| LAS VEGAS, Nov. 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Global Gaming
Investment Forum sponsored by Goldman Sachs and Deutsche Bank in Las Vegas,
Nevada. A complete copy of the presentation will be available by visiting our
web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertai... |
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| Nov.14.08 | MGM MIRAGE Closes on Previously Announced $750 Million Senior Secured Note Offering| LAS VEGAS, Nov. 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has closed on its previously announced private
offering of $750 million principal amount of 13% Senior Secured Notes due
November 2013 at a price of 93.132%. The notes rank as general senior
obligations of MGM MIRAGE, are guaranteed by substantially all of MGM MIRAGE
subsidiaries, and have a first priority security interest in the Company's New
York -- New York Hotel & Casino. The Company rece... |
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| Nov.13.08 | Terry Lanni Announces Retirement| Jim Murren Recommended as new Chairman and CEO
LAS VEGAS, Nov. 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
Chairman and CEO Terry Lanni notified the Company today that he is retiring
from his executive positions, effective November 30, but will remain as a
member of the Board of Directors.
Mr. Lanni said, "I have served as Chairman for more than 13 years and have
seen this company grow from owning one resort in Las Vegas to 17 resorts
internationally, with ... |
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| Oct.31.08 | MGM MIRAGE Prices $750 Million in Senior Secured Notes| LAS VEGAS, Oct. 31 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has priced a private offering of $750 million
principal amount of 13% Senior Secured Notes due November 2013 at a price of
93.132%. The transaction is expected to close on November 14, 2008. The
notes will rank as general senior obligations of MGM MIRAGE, will be
guaranteed by substantially all of MGM MIRAGE subsidiaries, and will have a
first priority security interest in the Company's New Yo... |
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| Oct.29.08 | MGM MIRAGE Reports Third Quarter Results| The Company is Effectively Managing its Cost Structure to Maximize Cash Flow
and Making Significant Strides to Increase Liquidity
LAS VEGAS, Oct. 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its third quarter 2008 financial results. The Company earned $0.22
per diluted share from continuing operations for the 2008 third quarter
compared to $0.62 in the prior year third quarter. Results for the 2008
quarter included a non-cash write-down of $30 milli... |
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| Oct.24.08 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, Oct. 24 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
third quarter ended September 30, 2008 prior to the market open on Wednesday,
October 29, 2008, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the third quarter
followed by a question and answer period. The call will be accessible via the
Internet through http://w... |
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| Oct.06.08 | CityCenter Secures First Phase of Its $3.0 Billion Senior Credit Facility| MGM MIRAGE and Dubai World Complete $1.8 Billion Financing Through an Initial Group of Leading Financial Institutions
LAS VEGAS, Oct. 6 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that CityCenter, a joint development project with Dubai World,
successfully completed the first phase of its $3.0 billion financing package
by securing a $1.8 billion senior bank credit facility. The facility, which
matures in April 2013, is expected to be increased to a total amount of $... |
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| Oct.06.08 | MGM MIRAGE Amends Senior Bank Credit Facility| LAS VEGAS, Oct. 6 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has entered into Amendment No. 1 (the "Amendment") to
the Company's Fifth Amended and Restated Loan Agreement by and among the
Company, MGM Grand Detroit, LLC, as initial co-borrower, and the lenders named
therein.
"We are pleased by the overwhelming support our financial partners have
shown in our Company," said Dan D'Arrigo, Executive Vice President and CFO of
MGM MIRAGE. "MGM enjoys on... |
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| Sep.30.08 | Disney's The Lion King to Open at Mandalay Bay May 2, 2009| First Ever Disney Theatrical Production to be Launched in Las Vegas
LAS VEGAS, Sept. 30 /PRNewswire-FirstCall/ -- Disney Theatrical
Productions and Mandalay Bay are proud to announce the award-winning Broadway
phenomenon THE LION KING coming to the Mandalay Bay Theatre May 2, 2009 with
preview performances beginning April 20, 2009. This sit-down production will
join the six other highly successful companies of THE LION KING around the
world in New York, London, Hamburg, Paris, Tokyo an... |
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| Sep.24.08 | MGM MIRAGE Management to Present at the Deutsche Bank 2008 Leveraged Finance Conference| LAS VEGAS, Sept. 24 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Deutsche Bank 2008
Leveraged Finance Conference being held in Scottsdale, AZ. A complete copy of
the presentation will be available by visiting the Company's web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, ow... |
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| Sep.15.08 | CityCenter to Deliver Most Technologically Advanced Hotels in U.S. When It Opens in Late 2009| ARIA Resort & Casino, Mandarin Oriental, Las Vegas and The Harmon Will Be First in Country to Debut Unrivaled Custom Automation by Control4 Providing Guest Experience Unparalleled in Hospitality IndustryLAS VEGAS, NV, Sep 15, 2008 (MARKET WIRE via COMTEX News Network) -- Upon opening in late 2009, CityCenter will debut the most advanced
guestroom technology in the country at ARIA Resort & Casino, Mandarin
Oriental, Las Vegas and The Harmon Hotel, Spa & Residences.
CityCenter collaborated with... |
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| Sep.15.08 | MGM MIRAGE Management to Present at the Bank of America 38th Annual Investment Conference| LAS VEGAS, Sept. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Bank of America 38th
Annual Investment Conference being held in San Francisco, CA. A complete copy
of the presentation will be available by visiting the Company's web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainmen... |
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| Sep.10.08 | Video: The Mirage Reignites Las Vegas Strip With Dramatic Transformation of Iconic Volcano| Grateful Dead Drummer Mickey Hart and International Musical Phenomenon Zakir
Hussain Provide Back Beat for Audio/Visual Spectacular
LAS VEGAS, Sept. 10 /PRNewswire-FirstCall/ -- The Mirage, a wholly owned
subsidiary of MGM MIRAGE (NYSE: MGM), today announced details of a dynamic
redesign to its signature Volcano. Known the world over for its iconic
Strip-front feature, The Mirage has joined forces with legendary Grateful Dead
drummer Mickey Hart, Indian tabla sensation Zak... |
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| Sep.10.08 | The Mirage Volcano Web Network Grants Users Unique Way to Get Up-Close-and-Personal With Strip Icon| Click for a Chance to Attend the Grand Re-opening of a Las Vegas Legend
LAS VEGAS, NV, Sep 10, 2008 (MARKET WIRE via COMTEX News Network) -- Click, enter and immerse yourself in an up-close-and-personal
encounter with a Las Vegas Strip icon. Today, The Mirage, a wholly
owned subsidiary of MGM MIRAGE (NYSE: MGM), announced details of a
dynamic redesign to its landmark Volcano. In conjunction with the
announcement, the resort is offering visitors an interactive way to
experience the transf... |
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| Sep.03.08 | MGM MIRAGE Management to Present at the Barclay's Capital Gaming, Hospitality & Leisure Credit Conference| LAS VEGAS, Sept. 3 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Barclay's Capital
Gaming, Hospitality & Leisure Credit Conference being held in Atlantic City,
NJ. A complete copy of the presentation will be available by visiting the
Company's web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality an... |
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| Aug.05.08 | MGM MIRAGE Reports Second Quarter Results|
LAS VEGAS, Aug. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today reported
its second quarter 2008 financial results. The Company achieved 97% occupancy
at its Las Vegas Strip resorts, while company-wide net revenue declined 2%.
The Company earned $0.40 per diluted share from continuing operations in the
2008 second quarter, compared to $0.62 in the prior year second quarter. The
2007 quarter included $63 million, or $0.14 per diluted share net of tax, of
reside... |
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| Jul.14.08 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, July 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
second quarter ended June 30, 2008 prior to the market open on Tuesday, August
5, 2008, followed by a conference call at 11:00 a.m. Eastern Daylight Time.
The conference call will include a brief discussion of the second quarter
followed by a question and answer period. The call will be accessible via the
Internet through http://www.mgmmi... |
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| Jul.10.08 | MGM MIRAGE Management to Present at the Oppenheimer 8th Annual Consumer Growth Conference| LAS VEGAS, July 10 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Oppenheimer 8th
Annual Consumer Growth Conference being held in Boston, MA. A complete copy
of the presentation will be available by visiting the Company's website at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, owns a... |
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| Jul.01.08 | MGM MIRAGE Named One of Black Enterprise's '40 Best Companies for Diversity'| LAS VEGAS, July 1, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- For the fourth consecutive
year, Black Enterprise (BE) magazine has named MGM MIRAGE one of the 40 Best
Companies for Diversity in the U.S. MGM MIRAGE is the only company in the
gaming industry named to the list.
MGM MIRAGE clearly takes its diversity efforts seriously, said BE
Editorial Director Sonia Alleyne. Having fostered an environment where
diversity is an imperative, they have excelled in all four key areas... |
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| Jul.01.08 | MGM MIRAGE Named to Computerworld Magazine's List of '100 Best Places to Work in IT'| LAS VEGAS, July 1 /PRNewswire-FirstCall/ -- Computerworld magazine has
named MGM MIRAGE (NYSE: MGM) to its list of 100 Best Places to Work In IT
recognizing companies that excel at keeping their Information Technology
workers well-compensated, well-trained and satisfied on the job.
We have a tremendously talented team backed by business partners who
embrace and support technology, said Tom Peck, Senior Vice President and
Chief Information Officer of MGM MIRAGE. We get to see the r... |
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| Jun.18.08 | MGM MIRAGE Hospitality, Diaoyutai State Guesthouse and Sinosteel Announce Major Project in Tianjin, China| LAS VEGAS, June 18 /PRNewswire-FirstCall/ -- MGM MIRAGE Hospitality, a
subsidiary of MGM MIRAGE (NYSE: MGM), along with its joint venture partner
Diaoyutai State Guesthouse today announced that they have executed definitive
agreements with Sinosteel International Plaza Co., Ltd. to provide development
and management services for a major mixed use project in Tianjin, China. The
project, to be called "Sinosteel International Plaza" will be built in two
phases, and will consist of two to... |
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| Jun.12.08 | MultiVu Video Feed: THE MIRAGE TO WELCOME TIGER CUBS TO SIEGFRIED & ROY'S SECRET GARDEN| Siegfried & Roy continue their animal conservation efforts with the
addition of rare tiger cubs to Siegfried & Roy's animal family. The cubs,
including white-striped tigers, snow white tigers and a golden tiger, will be
on exhibit at Siegfried & Roy's Secret Garden at The Mirage beginning Friday,
June 13.
The Mirage is home to Siegfried & Roy's secret garden and dolphin
habitat. While providing enjoyment for guests, the habitats also serve as
educational centers for guests and sch... |
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| Jun.12.08 | Video: The Mirage Welcomes Tiger Cubs to Siegfried & Roy's Secret Garden & Dolphin Habitat| LAS VEGAS, June 12, 2008 /PRNewswire via COMTEX News Network/ -- The Mirage today welcomed its newest
addition to Siegfried & Roy's Secret Garden and Dolphin Habitat --
six-week-old white, white-striped and golden tiger cubs. The public will get
its first chance to see these rare and adorable cubs in a special nursery
created for them in the Secret Garden Friday, June 13, 2008, which happens to
be Siegfried's 69th birthday.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080612/NYTH117 ... |
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| Jun.03.08 | MGM Grand Detroit Reports Diversity Progress| MGM MIRAGE Chairman & CEO Terry Lanni and Property President & COO Lorenzo Creighton outline strides made in purchasing and construction at Annual Diversity Report & Presentation
DETROIT, June 3, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE executives today
presented for the first time the company's Annual Diversity Report at its MGM
Grand Detroit property. Since 2002, MGM MIRAGE reports its diversity
performance annually to demonstrate transparency and accountability i... |
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| Jun.02.08 | MGM MIRAGE Management to Present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference| LAS VEGAS, June 2 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Goldman Sachs
Lodging, Gaming, Restaurant and Leisure Conference being held in New York. A
complete copy of the presentation will be available by visiting the Company's
website at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertain... |
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| May.22.08 | MGM MIRAGE Reports Continuing Momentum for Diversity Initiative| Company outlines significant gains in purchasing and construction at Annual
Diversity Report & Presentation
LAS VEGAS, May 22 /PRNewswire-FirstCall/ -- MGM MIRAGE today announced
that its Diversity Initiative continues to gain momentum in key areas such as
human resources, strategic sourcing, construction and corporate philanthropy.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080522/LATH107-a)
(Photo: http://www.newscom.com/cgi-bin/prnh/20080522/L... |
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| May.19.08 | CityCenter Unveils Details of Development's Resort Casino| ARIA Will Forever Change the Las Vegas Skyline
LAS VEGAS, May 19, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- CityCenter has revealed that
its stunning resort casino, scheduled to open in late 2009, will be named
ARIA. With an unprecedented combination of striking architecture, sustainable
design, high-end service and spectacular amenities, ARIA Resort & Casino will
immediately become the focal point not only of the Las Vegas skyline but of
the hospitality industry.
"ARIA will ... |
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| May.14.08 | CityCenter Commemorates Construction Milestone With 'Topping Out' of First Tower, Vdara Condo Hotel| LAS VEGAS, May 14 /PRNewswire-FirstCall/ -- CityCenter today commemorated
the "topping out" of its 57-story Vdara Condo Hotel, the first of six
distinctive high-rise towers that will be topped within the coming months.
The completion of Vdara's structure is a milestone for the construction
progress of CityCenter as it moves toward opening in late 2009.
"CityCenter commenced in 2004 as a blank canvas imagined by a diverse
group of people. With the topping out of Vdara, we see our v... |
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| May.14.08 | MGM MIRAGE's Board of Directors Approves New Twenty Million Share Repurchase Program| LAS VEGAS, May 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that its Board of Directors has approved a new stock repurchase
program authorizing the Company to purchase up to twenty million shares of
Company common stock. The purchases can be made from time to time through
open market purchases, privately negotiated third party transactions or other
transactions including but not limited to tender offers as market conditions
warrant.
The Company additionally... |
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| May.06.08 | MGM MIRAGE Reports First Quarter Results|
LAS VEGAS, May 6 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today reported
its first quarter 2008 financial results. The Company earned $0.40 per diluted
share from continuing operations in the first quarter, compared to $0.55 in
the prior year. The Company experienced low-single digit percentage decreases
in both gaming and non-gaming revenues on a quarter-over-quarter basis, while
earnings were also negatively impacted by the temporary closure of Monte Carlo
an... |
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| Apr.14.08 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, April 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
first quarter ended March 31, 2008 prior to the market open on Tuesday, May 6,
2008, followed by a conference call at 11:00 a.m. Eastern Daylight Time.
The conference call will include a brief discussion of the first quarter
followed by a question and answer period. The call will be accessible via the
Internet through http://www.mgmmirag... |
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| Apr.07.08 | MGM MIRAGE Management to Present at the Japan Business Federation (Nippon Keidanren)| LAS VEGAS, April 7, 2008 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation on Wednesday, April 9, 2008 at the
Japan Business Federation (Nippon Keidanren) in Tokyo, Japan. A complete copy
of the presentation will be available by visiting the Company's web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entert... |
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| Mar.27.08 | MGM MIRAGE Management to Present at the JPMorgan Gaming, Lodging and Restaurants Conference| LAS VEGAS, March 27 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the JPMorgan Gaming,
Lodging and Restaurants Conference being held in Las Vegas, NV. A complete
copy of the presentation will be available by visiting the Company's web site
at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment,... |
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| Mar.12.08 | MGM MIRAGE Management to Present at the Deutsche Bank Gaming & Hospitality Conference| LAS VEGAS, March 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Deutsche Bank Gaming
& Hospitality Conference being held in Boston, MA. A complete copy of the
presentation will be available by visiting the Company's web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, owns and ... |
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| Mar.10.08 | MGM MIRAGE Unveils $40 Million Fine Art Program at CityCenter|
Ambitious Public Art Program To Feature Groundbreaking Works By International
Artists Including Maya Lin, Jenny Holzer and Nancy Rubins
LAS VEGAS, March 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
MGM MIRAGE (NYSE: MGM) is unveiling initial plans for CityCenter's $40 million
Fine Art Program. Opening in late 2009, CityCenter will feature works by acclaimed
artists including Maya Lin, Jenny Holzer, Nancy Rubins, Claes Oldenburg and
Coosje van Bruggen, Frank ... |
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| Mar.06.08 | NAACP Names Lorenzo Creighton a 'Barrier Breaker'| LAS VEGAS, March 6 /PRNewswire-FirstCall/ -- The Washington, D.C. chapter
of the National Association for the Advancement of Colored People (NAACP)
honored Lorenzo Creighton, who was recently appointed President & Chief
Operating Officer of MGM Grand Detroit, as one of America's trailblazers in
diversity.
At its annual Freedom Fund Dinner, the NAACP honored Creighton as a
"Barrier Breaker" who has helped blaze a path for African Americans.
Creighton, the first African American to ... |
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| Mar.05.08 | MGM MIRAGE Management to Present at the Bear Stearns 14th Annual Retail, Restaurant & Consumer Conference| LAS VEGAS, March 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Bear Stearns 14th
Annual Retail, Restaurant & Consumer Conference being held in New York. A
complete copy of the presentation will be available by visiting the Company's
web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entert... |
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| Feb.26.08 | MGM MIRAGE and Infinity World (Cayman) L.P. Announce Final Results of Their Joint Tender Offer| LAS VEGAS, Feb. 26 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Infinity World (Cayman) L.P., an indirect wholly owned subsidiary of Dubai
World, announced today the final results of their joint tender offer, which
expired at 12:00 midnight, New York City time, on February 14, 2008.
Based on the final tabulation by Mellon Investor Services LLC, the
depositary for the joint tender offer, 99,125,707 shares of common stock of
MGM MIRAGE were properly tendered and not withdrawn... |
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| Feb.21.08 | MGM MIRAGE Announces Three Executive Promotions| Lorenzo Creighton Named President and COO of MGM Grand Detroit
Cynthia Kiser Murphey Named President and COO of New York-New York
Bill Hornbuckle Named President and COO of MGM Grand Atlantic City development
in addition to his current role as President and COO of Mandalay Bay.
LAS VEGAS, Feb. 21 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced several major promotions at the company's resorts effective March 3.
"As we continue to build this ... |
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| Feb.21.08 | MGM MIRAGE Reports Record Fourth Quarter Results| LAS VEGAS, Feb. 21 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported record fourth quarter and full year 2007 financial results. The
Company earned $2.85 per diluted share from continuing operations in the
fourth quarter, compared to $0.68 in the prior year. The current quarter
included a significant gain, $1.03 billion before income taxes, on the
contribution of CityCenter to a joint venture on November 15, 2007. The
following table lists significant items which affect... |
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| Feb.15.08 | MGM MIRAGE and Infinity World (Cayman) L.P. Announce Updated Preliminary Results of Their Joint Tender Offer| LAS VEGAS, Feb. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Infinity World (Cayman) L.P., an indirect wholly owned subsidiary of Dubai
World, announced today updated preliminary results of their joint tender
offer, which expired at 12:00 midnight, New York City time, on February 14,
2008.
Subsequent to the announcement earlier today of the preliminary results of
the joint tender offer, Mellon Investor Services LLC, the depositary for the
joint tender offer, advised MGM... |
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| Feb.15.08 | Monte Carlo Hotel Reopens on Las Vegas Strip| Las Vegas Landmark Welcomes Guests for Busy Presidents' Day Holiday Weekend
LAS VEGAS, Feb 15, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
announced today that the Monte Carlo Hotel reopened as scheduled today and
welcomed guests into the resort's casino, hotel tower, restaurants, showroom
and meeting facilities.
"Today we celebrate the spirit of Monte Carlo," said Monte Carlo President
and COO Anton Nikodemus. "After three weeks of hard work and dedicated... |
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| Feb.15.08 | MGM MIRAGE and Infinity World (Cayman) L.P. Announce Preliminary Results of Their Joint Tender Offer| LAS VEGAS, Feb. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Infinity World (Cayman) L.P., an indirect wholly owned subsidiary of Dubai
World, announced today the preliminary results of their joint tender offer,
which expired at 12:00 midnight, New York City time, on February 14, 2008.
Based on the preliminary count, subject to final verification and
conditional tenders, 101,906,722 shares of MGM MIRAGE's common stock were
tendered, including 19,225,965 shares which were... |
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| Feb.08.08 | Monte Carlo Hotel to Reopen Friday, February 15| Round-the-Clock Effort Will Have Hotel Ready
To Welcome Customers for Presidents' Day Weekend
LAS VEGAS, Feb. 8 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that the Monte Carlo Hotel will reopen its doors for customers
on Friday, February 15.
Monte Carlo President and COO Anton Nikodemus announced the news, saying,
"After what can only be described as an incredible effort by the best team of
employees and contractors in the busi... |
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| Feb.07.08 | MGM MIRAGE Reports Preliminary Fourth Quarter Results| Company Expects to Report a Significant Gain on the Contribution of CityCenter
to a Jointly Owned Venture
LAS VEGAS, Feb. 7 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its preliminary expectations of financial results for the fourth
quarter of 2007. Except where noted otherwise, the results contained in this
release exclude an expected significant gain -- approximately $1 billion,
before income taxes -- on the November 15, 2007 contributio... |
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| Jan.22.08 | MGM MIRAGE Hospitality Appoints Michael Evans as Executive Vice President of Global Development| LAS VEGAS, Jan 22, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE Hospitality, a
wholly owned subsidiary of MGM MIRAGE (NYSE: MGM), today announced the
appointment of Michael Evans as Executive Vice President of Global
Development.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080122/LATU065)
MGM MIRAGE Hospitality (MMH), formed in May 2007, is principally focused
on extending the company's renowned hotel brands and developing new luxury
hotel brand concepts for dest... |
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| Jan.16.08 | MGM MIRAGE Management to Present at the CLSA Asia Investors' Forum| LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the CLSA Asia Investors'
Forum being held at the Four Seasons Hotel in Las Vegas, Nevada. A complete
copy of the presentation will be available by visiting the Company's web site
at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, ow... |
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| Jan.16.08 | MGM MIRAGE and Dubai World Increase Their Tender Offer to 15,000,000 Shares of MGM MIRAGE Common Stock and Set a Fixed Price of $80.00 Per Share| LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Dubai World today jointly announced that they will increase their offer to
purchase shares of MGM MIRAGE common stock from 10,000,000 to 15,000,000, and
set the tender price at $80.00 per share from the previously announced price
range of $75.00 to $80.00 per share. The offer price represents approximately
a 20.4% premium over MGM MIRAGE's closing stock price of $66.47 on
January 15, 2008.
With respect to the... |
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| Jan.15.08 | CityCenter Releases Last of Luxury Residences| Limited Number of Upscale Condominiums Now Available for Purchase at The Harmon Hotel, Spa & Residences
LAS VEGAS, Jan 15, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
released the last of CityCenter's exclusive residential offerings with the
sales launch of The Harmon Hotel, Spa & Residences. Recently accepted as a
distinguished member of The Leading Hotels of the World, The Harmon will be
one of the most luxurious, high-quality boutique hotels acros... |
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| Jan.15.08 | MGM MIRAGE Files CAFRA Application for MGM Grand Atlantic City Project| LAS VEGAS, Jan. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced it has filed application with the New Jersey Department of
Environmental Protection, Land Use Regulation Program for a Coastal Area
Facility Review Act (CAFRA) permit for the Company's proposed MGM Grand
Atlantic City project. Securing a CAFRA permit is one of the first
requirements of all major New Jersey coastal area developments.
MGM MIRAGE previously announced plans to develop a major resort casino
p... |
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| Jan.09.08 | MGM MIRAGE Management to Present at Citigroup's Entertainment, Media and Telecommunications Conference| LAS VEGAS, Jan 09, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at Citigroup's 18th Annual
Entertainment, Media and Telecommunications Conference being held in Phoenix,
Arizona. A complete copy of the presentation will be available by visiting
the Company's web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in ... |
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| Jan.09.08 | MGM MIRAGE and Dubai World Announce Intention to Commence a Dutch Auction Tender Offer for up to 10,000,000 Shares of MGM MIRAGE Common Stock| LAS VEGAS, Jan. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Dubai World today announced that they intend to jointly make a cash tender
offer for up to 10,000,000 shares of common stock of MGM MIRAGE at a price per
share of not less than $75.00 and not greater than $80.00. The offer price
represents an approximately 7.2% to 14.3% premium over MGM MIRAGE's closing
stock price of $69.98 on January 8, 2008. As of January 8, 2008, MGM MIRAGE
had 293,764,426 shares issued and outs... |
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| Jan.08.08 | Forbes Magazine Names MGM MIRAGE as One of the 'Best Managed Companies in America'| LAS VEGAS, Jan. 8 /PRNewswire-FirstCall/ -- Forbes magazine has named MGM
MIRAGE (NYSE: MGM) one of the "Best Managed Companies in America," as part of
its annual Forbes Platinum 400 list of top-performing large corporations. MGM
MIRAGE was one of nine companies recognized in the "Hotels, Restaurants and
Leisure" category. The company also made the list in 2005.
"The commitment to outstanding performance from each of our employees made
this recognition possible," said Terry Lanni... |
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| Dec.18.07 | MGM Grand Macau Debuts Stylish New Icon| Macau Chief Executive, celebrities and dignitaries attend grand opening celebrationMACAU, China, Dec 18, 2007 /PRNewswire via COMTEX News Network/ -- MGM Grand Macau officially opened
its doors this evening at 10:50 p.m. local time, to thousands of guests eager
to experience the burgeoning gaming destination's latest grand resort.
Owned by MGM Grand Paradise, a 50/50 joint venture between MGM MIRAGE
(NYSE: MGM) and Pansy Ho Chiu-king, the 600-room MGM Grand Macau resort casino
marks the pow... |
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| Dec.18.07 | MGM MIRAGE Hospitality Readies for Global Development by Naming New Executive Appointments| Stuart Fearnley appointed Executive Vice President of Development - Design and Construction
Tobias Mattstedt promoted to Senior Vice President of Development and
Operations
David Van Kalsbeek promoted to Executive Vice President of Sales and Marketing
LAS VEGAS, Dec. 18 /PRNewswire-FirstCall/ -- With the recently announced
agreement to develop MGM Grand Abu Dhabi and several additional development
opportunities under discussion around the world, MGM ... |
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| Dec.05.07 | MGM Mirage Board of Directors Approves New 20 Million Share Repurchase Program| LAS VEGAS, Dec. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that its Board of Directors has approved a new stock repurchase
program authorizing the Company to purchase up to 20 million shares of Company
common stock. The purchases can be made from time to time through open market
purchases, privately negotiated third party transactions or other transactions
including but not limited to tender offers as market conditions warrant.
The Company additionally anno... |
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| Dec.05.07 | MGM MIRAGE Management to Present at Wachovia Global Real Estate Conference| LAS VEGAS, Dec. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the 11th Annual Wachovia
Global Real Estate Conference being held in New York. A complete copy of the
presentation will be available by visiting our web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, owns and operates... |
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| Nov.29.07 | Gayot Names MGM Grand Detroit One of Top 10 New Hotels in the Nation for 2007| DETROIT, MI, Nov 29, 2007 (MARKET WIRE via COMTEX News Network) -- In its annual hotel guide, Gayot.com has named MGM Grand Detroit one
of its Top 10 New U.S. Hotels of 2007.
Gayot described MGM Grand Detroit as, "a destination unto itself" and
noted the property's many amenities including its opulent lobby living
room with a wall-long fireplace; telephones that serve as a "Butler"
with color touch-screen technology that enable guests to access
property information, schedule wake-up calls ... |
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| Nov.16.07 | MGM MIRAGE and Kerzner International Announce New President of Las Vegas Joint Venture| LAS VEGAS and PARADISE ISLAND, Bahamas, Nov. 16 /PRNewswire-FirstCall/
-- MGM MIRAGE (NYSE: MGM) and Kerzner International Holdings Limited
("Kerzner" or "Kerzner International") announced today that the companies have
appointed William Velardo as President and Chief Operating Officer of their
50/50 joint venture to develop a multi-billion dollar integrated resort
property on the Las Vegas Strip. Velardo, who most recently led the
Fontainebleau Las Vegas as President and COO, is a 30 y... |
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| Nov.15.07 | MGM MIRAGE and Dubai World Complete CityCenter Joint Venture Transaction| LAS VEGAS, Nov. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Dubai World today announced that they have completed their previously
announced 50/50 joint venture transaction in the landmark CityCenter
development in Las Vegas.
MGM MIRAGE contributed the CityCenter assets which the parties had
mutually valued at $5.4 billion, and received 50 percent of the equity in
CityCenter. Pursuant to the terms of the joint venture agreement, Dubai World
contributed approximately $2... |
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| Nov.13.07 | MGM MIRAGE Restaurants Awarded Michelin Stars, Highlighted By Three-Star Honors For Joel Robuchon at MGM Grand| Joel Robuchon Only Las Vegas Restaurant to Earn Michelin's Highest Honor
LAS VEGAS, Nov. 13 /PRNewswire-FirstCall/ -- The debut of the Michelin
Guide in Las Vegas is a European nod to Las Vegas' evolution into one of the
world's top dining destinations. Sixteen restaurants were honored with at
least one Michelin star, and seven of those restaurants are within MGM MIRAGE
properties. Receiving top honors is the Michelin three-star restaurant, Joel
Robuchon at MGM Grand, the only Las V... |
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| Nov.12.07 | MGM MIRAGE Joins Foxwoods Development Company in Plans to Develop and Manage a Destination Casino Resort in South-Central Kansas| WICHITA, Kan., Nov. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
and Foxwoods Development Company announced today that the companies will join
forces along with Sumner Gaming Ventures, LLC, dba Chisholm Creek Casino
Resort, in the application to develop and manage a resort casino in
south-central Kansas.
For MGM MIRAGE and Foxwoods Development Company this will be their first
joint project under their previously formed joint venture Unity Gaming, LLC.
The two gaming leaders... |
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| Nov.12.07 | MGM MIRAGE Management to Present at Global Gaming Expo Investment Forum| LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Global Gaming Expo
Investment Forum sponsored by Goldman Sachs and Deutsche Bank in Las Vegas,
Nevada. A complete copy of the presentation will be available by visiting our
web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
ente... |
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| Nov.12.07 | MGM Grand Macau Announces Grand Opening Celebration| Stylish new icon to open December 18th
LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- MGM Grand Paradise, a 50/50
joint venture between MGM MIRAGE (NYSE: MGM) and Pansy Ho Chiu-king, announced
today that the much anticipated grand opening of the MGM Grand Macau resort
casino has been scheduled for Tuesday, December 18th, marking the powerful
partnership's first venture into the rapidly growing Macau gaming market.
"We believe December 18th will mark the beginning ... |
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| Nov.07.07 | MGM MIRAGE and Mubadala Development Company Announce Plans to Develop Multi-Billion Dollar MGM Grand Abu Dhabi| Iconic mixed-use development to be first project of strategic partnership
LAS VEGAS, Nov. 7 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Mubadala Development Company, a strategic investment and development firm
wholly-owned by the government of Abu Dhabi, today announced plans to develop
the MGM Grand Abu Dhabi, a mixed-use development that will serve as an iconic
gateway to Abu Dhabi.
The MGM Grand Abu Dhabi will be strategically located at a prominent
downtown waterfro... |
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| Nov.05.07 | BLT Burger to Open Spring 2008 at The Mirage| BLT (Bistro Laurent Tourondel) Brand Coming to Las Vegas
LAS VEGAS, Nov. 5 /PRNewswire-FirstCall/ -- The Mirage continues to grow
its roster of innovative dining concepts with the introduction of acclaimed
Chef Laurent Tourondel's BLT Burger. Slated to open in spring 2008, the
restaurant will unite the nationally renowned BLT brand with an approachable
dining environment at this famed resort.
Tourondel, recently named Restaurateur of the Year by Bon Appetit
magazine, m... |
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| Nov.02.07 | MGM MIRAGE Chairman & CEO Terry Lanni Honored for Diversity Leadership| LAS VEGAS, Nov 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Diversity Best Practices (DBP)
recently honored MGM MIRAGE Chairman & CEO Terry Lanni with the "2007 CEO
Diversity Leadership Award" for demonstrating outstanding diversity leadership
in corporate America. He was named among other leading chairmen of Fortune
500 companies at the organization's 14th Annual Diversity and Inclusion
Leadership Summit & Gala in Washington, D.C.
(Photo: http://www.newscom.com/cgi-bin/prn... |
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| Oct.30.07 | MGM MIRAGE Reports Record Third Quarter Results| LAS VEGAS, Oct. 30 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported record third quarter 2007 financial results, achieving diluted
earnings per share from continuing operations of $0.62, a 17% increase over
the $0.53 per share earned in 2006. Earnings benefited from continued
year-over-year growth in net revenues and income recognized during the quarter
from Hurricane Katrina insurance recoveries.
Net revenues increased 6% to $1.9 billion, a record third quarter for ... |
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| Oct.19.07 | MGM MIRAGE Completes The Private Placement of Common Stock to Dubai World| LAS VEGAS, Oct. 19 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has completed its previously announced private placement
whereby Dubai World, through its wholly-owned subsidiary Infinity World
Investments, has purchased 14.2 million shares of common stock of MGM MIRAGE
for a total purchase price of approximately $1.19 billion or $84.00 per share.
The shares were issued directly by MGM MIRAGE to Infinity World Investments
from treasury shares held by MGM MIRA... |
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| Oct.18.07 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, Oct. 18 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
third quarter ended September 30, 2007 prior to the market open on Tuesday,
October 30, 2007, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the third quarter
followed by a question and answer period. The call will be accessible via the
Internet through http://www... |
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| Oct.16.07 | Studio 54's Legendary Spookfest, Nightmare on 54th Street, Haunts Again October 26-31| Las Vegas' Premier Nightclub Transforms Into a Haunted Haven for a Wicked Weekend of Costume Parties, Spooktacular Performances and Cash Prizes
LAS VEGAS, NV, Oct 16, 2007 (MARKET WIRE via COMTEX News Network) -- This ghoulish season, legendary nightclub Studio 54 inside of MGM
Grand presents its 10th annual Halloween celebration: Nightmare on
54th Street. Beginning Friday, October 26 through Wednesday, October
31, Studio 54 will host the spookiest Halloween soirees on The Strip
as the illu... |
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| Oct.10.07 | MGM MIRAGE Announces Plan for Multi-Billion Dollar Resort Complex on 72-Acre Site in Atlantic City| MGM Grand Atlantic City planned as largest hotel and largest casino in market,
featuring three hotel towers, 3,000 rooms and suites, major retail, convention
center and resort amenities
LAS VEGAS, Oct. 10 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today the company's Board of Directors has approved the development
of a major resort casino project at Renaissance Pointe in Atlantic City, New
Jersey. The new resort will have a budget in the $4.5-$5... |
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| Oct.04.07 | Innovative Technology Meets Sophistication at eyecandy sound lounge & bar(TM) Inside Mandalay Bay| LAS VEGAS, NV, Oct 04, 2007 (MARKET WIRE via COMTEX News Network) -- Located in the center of Mandalay Bay's casino floor, eyecandy sound
lounge & bar(TM) features unrivaled technology that will redefine the
Las Vegas nightlife experience. Featuring high-tech twists on the
classic cocktail lounge, eyecandy combines interactive touch tables,
revolutionary sound stations and a dance floor with an ever-changing
landscape.
Realisations.net, a pioneer in touch-controlled technology, has
creat... |
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| Oct.03.07 | MGM MIRAGE Management to Present at Deutsche Bank Leveraged Finance Conference| LAS VEGAS, Oct. 3 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Deutsche Bank Annual
Leveraged Finance Conference in Scottsdale, Arizona. A complete copy of the
presentation will be available by visiting our web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 17 properties located in Nevada,
Mississippi and Michigan, and... |
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| Oct.01.07 | MGM MIRAGE Announces Top Executive Promotions at Las Vegas Resorts| Bill McBeath Named President and COO of CityCenter Hotel and Casino Randy Morton Named President and COO of Bellagio Anton Nikodemus Named President of Monte Carlo ResortLAS VEGAS, Oct 01, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
announced several major personnel changes and promotions at the company's
resorts. These executive moves are being made in preparation for the
November 2009 opening of CityCenter, the company's $7.4 billion mixed-use
develo... |
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| Sep.28.07 | Media Event Schedule for Grand Opening of MGM Grand Detroit $800-Million Luxury Hotel and Entertainment Destination, October 2, 2007| MGM Grand Detroit, First Ever Las Vegas-Style Destination Built in a Major Metropolitan Core, Brings New Level of Luxury to Midwest; Opens for General Public October 3; Grand Opening Press Conference, October 2 at 11 a.m. ET DETROIT, MI, Sep 28, 2007 (MARKET WIRE via COMTEX News Network) -- MGM Grand Detroit will open its more than $800-million hotel and
entertainment destination on October 3, making it the first ever Las
Vegas-style resort built in a major metropolitan core. Upon opening,... |
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| Sep.19.07 | MGM MIRAGE Named a Top Company for Hispanics| Hotel and Gaming company recognized by prominent organizations for inclusion
of Latin community
LAS VEGAS, Sept. 19 /PRNewswire-FirstCall/ -- MGM MIRAGE was recently
recognized by three prominent organizations as a top company for Hispanics.
The company was named to the "Corporate Diversity Honor Roll" by Latin
Business magazine; one of the "Top 60 Companies for Diversity" by Hispanic
Business magazine; and one of the "50 Best Companies for Latinas" by LA... |
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| Sep.17.07 | MGM MIRAGE Management to Present at Bank of America Annual Investment Conference| LAS VEGAS, Sept. 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Bank of America
Securities 37th Annual Investment Conference in San Francisco. A complete
copy of the presentation will be available by visiting our web site at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 17 properties located in Nevada,
Mississippi and Michig... |
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| Sep.11.07 | MGM MIRAGE, Kerzner International and Istithmar Finalize Definitive Agreements to Develop Multi-Billion Dollar Las Vegas Resort| LAS VEGAS and PARADISE ISLAND, Bahamas, Sept. 11 /PRNewswire-FirstCall/ --
MGM MIRAGE (NYSE: MGM), Kerzner International Holdings Limited ("Kerzner" or
"Kerzner International") and Istithmar Hotels FZE ("Istithmar") announced
today that the companies have entered into definitive agreements forming their
previously announced joint venture which will develop a multi-billion dollar
integrated resort property on the Las Vegas Strip.
Under the terms of the agreement, MGM MIRAGE will pro... |
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| Sep.06.07 | MGM MIRAGE Management to Present at Barclays Capital Gaming, Hospitality & Leisure Conference| LAS VEGAS, Sept 06, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
management will make a company presentation today at the Barclay Capital
Gaming, Hospitality & Leisure Conference being held at the Borgata Hotel
Casino & Spa in Atlantic City, New Jersey. A complete copy of the
presentation will be available by visiting the company's website at
http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming c... |
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| Aug.31.07 | MGM MIRAGE Takes Neutral Position Regarding Infinity World Investments Tender Offer| LAS VEGAS, Aug. 31 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has filed a Schedule 14D-9 Solicitation/Recommendation
Statement with the Securities and Exchange Commission in response to the
previously announced cash tender offer by Infinity World Investments, LLC, an
indirect wholly owned subsidiary of Dubai World, for up to 14.2 million shares
of MGM MIRAGE common stock at a price of $84 per share. In response to the
tender offer, the MGM MIRAGE Board of ... |
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| Aug.28.07 | Wolfgang Puck and Michael Mina Announce Culinary Teams for Signature Restaurants at MGM Grand Detroit, Opening Oct. 2, 2007| Executive Chefs Marc Djozlija and Don Yamauchi at Helm for WOLFGANG PUCK GRILLE, SALTWATER and BOURBON STEAKDETROIT, MI, Aug 28, 2007 (MARKET WIRE via COMTEX News Network) -- Chefs Wolfgang Puck and Michael Mina each have announced the
culinary teams for their restaurants inside MGM Grand Detroit, slated
to open October 2, 2007. Executive Chef Marc Djozlija will lead the
kitchen at WOLFGANG PUCK GRILLE and also will oversee the celebrity
chef's 24-hour in-room dining program. Executive Che... |
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| Aug.22.07 | MGM MIRAGE and Dubai World to Form Long-Term Strategic Relationship| - Dubai World to invest $2.7 billion for a 50 percent interest in CityCenter
in Las Vegas and will make a significant equity investment in MGM MIRAGE -
LAS VEGAS, Aug. 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Dubai World today announced that they have signed definitive agreements to
form a long-term strategic relationship whereby Dubai World will invest
approximately $5 billion in MGM MIRAGE consisting of a $2.7 billion investment
in CityCenter and up to $2.4 billion ... |
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| Aug.21.07 | MGM MIRAGE Announces Corporate Management Promotions| LAS VEGAS, Aug. 21 /PRNewswire-FirstCall/ -- Reflecting its increasing
emphasis on growth and development, MGM MIRAGE (NYSE: MGM) Chairman and CEO
Terry Lanni today announced several promotions of the company's senior
management.
Jim Murren has been promoted to the role of President and Chief Operating
Officer. Mr. Murren previously had served as the company's President, Chief
Financial Officer and Treasurer.
Bobby Baldwin has been named to serve in a new position as the comp... |
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| Aug.02.07 | MGM MIRAGE Reports Record Second Quarter Results| LAS VEGAS, Aug 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
reported its second quarter 2007 financial results, achieving the Company's
highest ever second quarter diluted earnings per share from continuing
operations of $0.62, a 27% increase over the $0.49 per share earned in 2006.
Earnings benefited from strong revenue trends, solid operating margins, and
profits from sales of Tower 3 of The Signature at MGM Grand.
Net income per share on a dilu... |
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| Aug.01.07 | Exclusive Resorts(R) Enters Las Vegas Market with Acquisition of 30 Residences at MGM MIRAGE's Visionary CityCenter Development| Las Vegas Becomes 40th Resort Destination for World's Leading Luxury
Destination Club
DENVER and LAS VEGAS, Aug. 1 /PRNewswire-FirstCall/ -- Culminating a
three-year search for the best Las Vegas has to offer, leading destination
club Exclusive Resorts today announced that it will develop and own 30 luxury
condominiums at MGM MIRAGE's (NYSE: MGM) highly anticipated Vdara at
CityCenter on the Las Vegas Strip. Vdara Condo Hotel, one of the $7.4 billio... |
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| Jul.20.07 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, July 20 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
second quarter ended June 30, 2007 prior to the market open on Thursday,
August 2, 2007, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the second quarter
followed by a question and answer period. The call will be accessible via the
Internet through http://www.mgm... |
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| Jul.13.07 | A New Era for Luxor| Las Vegas Strip Icon Unveils Renovation PlansLAS VEGAS, NV, Jul 13, 2007 (MARKET WIRE via COMTEX News Network) -- Luxor, a wholly owned subsidiary of MGM MIRAGE (NYSE: MGM), one of
the most iconic resorts on the Las Vegas Strip, today announced a
multi-phase enhancement plan designed to revolutionize the resort and
bring new energy to the south end of the Las Vegas Strip. Luxor is
partnering with industry leaders to bring exciting new restaurant,
nightclub and entertainment amenities to th... |
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| Jun.20.07 | MGM MIRAGE Comments on Advice From Tracinda| LAS VEGAS, June 20 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced that its majority stockholder Tracinda Corporation advised the
Company's Board of Directors at yesterday's regularly scheduled meeting that
it had determined not to pursue negotiations regarding a possible acquisition
of the Company's Bellagio and CityCenter properties, and that it would be
making a public announcement to that effect. In view of this advice, the Board
of Directors terminated the Transactions ... |
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| Jun.20.07 | MGM MIRAGE and Kerzner International to Develop Multi-Billion Dollar Las Vegas Resort| LAS VEGAS and PARADISE ISLAND, Bahamas, June 20 /PRNewswire-FirstCall/ --
MGM MIRAGE (NYSE: MGM) and Kerzner International Holdings Limited ("Kerzner"
or "Kerzner International") announced today that the companies have entered
into a letter of intent to form a 50/50 joint venture to develop a multi-
billion dollar integrated resort property on the Las Vegas Strip. The parties
plan to enter into immediate negotiations with a view to concluding a
definitive agreement in the third quarter... |
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| Jun.15.07 | MGM MIRAGE Among Black Enterprise's '40 Best Companies for Diversity'| Company also named to two 'Top 15' sub lists
LAS VEGAS, June 15, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE has been named one
of the "40 Best Companies for Diversity" by Black Enterprise (BE) magazine.
The company is ranked for the third consecutive year and is the only company
in the gaming industry to make the list.
According to MGM MIRAGE Chairman and CEO Terry Lanni, recognition by BE is
a significant accomplishment for the company and its 67,000 employees. "It... |
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| Jun.08.07 | MGM MIRAGE Presents Its Annual Diversity Report in Biloxi, Mississippi| Company announces a total of $200,000 to be distributed to four local
organizations
BILOXI, Miss., June 8 /PRNewswire-FirstCall/ -- MGM MIRAGE executives
today presented the company's Annual Diversity Report at its Beau Rivage
Resort and Casino in Biloxi. For the last six years, the company has annually
reported its diversity performance at its headquarters in Las Vegas, Nevada,
to demonstrate transparency and accountability in the key areas of
con... |
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| Jun.06.07 | MGM MIRAGE Receives Global Diversity and Innovation Award| Gaming and hospitality Chairman and CEO to be recognized at the
2007 World Diversity Leadership Summit at the United Nations
LAS VEGAS, June 6 /PRNewswire-FirstCall/ -- MGM MIRAGE Chairman and CEO
Terry Lanni today received the Global Diversity and Innovation Award during
the 2007 World Diversity Leadership Summit at the United Nations in New York
City. The World Diversity Leadership Summit selected Lanni because of his
leadership and MGM MIRAGE's innovative diversity ef... |
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| Jun.04.07 | MIRAGE Management to Present at Goldman Sachs Lodging, Gaming, Restaurant & Leisure Conference| LAS VEGAS, June 4, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
management will make a company presentation today at the Goldman Sachs
Lodging, Gaming, Restaurant & Leisure Conference being held in New York. A
complete copy of the presentation will be available by visiting the company's
web site at http://www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 17 properties loca... |
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| Jun.01.07 | MGM MIRAGE Completes Sale of Laughlin Properties to a Group Led by Anthony Marnell III| LAS VEGAS, June 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has completed its previously announced sale of the
Colorado Belle and Edgewater hotel-casinos located in Laughlin, Nevada, to a
group led by Anthony Marnell III for $200 million.
On a combined basis, these two properties contain some 2,500 guest rooms
and over 100,000 square feet of casino space featuring approximately 2,200
slot machines and 70 gaming tables. MGM MIRAGE acquired these prope... |
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| May.29.07 | MGM MIRAGE Forms New Luxury Resort Subsidiary to Pursue Global Opportunities for Hotel Brands| Experienced hotelier Gamal Aziz will lead company's expansion of luxury brands
internationally
LAS VEGAS, May 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today the formation of MGM MIRAGE Hospitality, LLC, a new corporate
subsidiary principally focused on extending the company's renowned hotel
brands and developing new luxury hotel brand concepts for destinations in the
U.S. and abroad.
MGM MIRAGE Hospitality will initially work wit... |
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| May.25.07 | MGM MIRAGE Transactions Committee Selects Advisors| LAS VEGAS, May 25 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that the Transactions Committee of the MGM MIRAGE Board of
Directors, which was formed on May 22, 2007 to consider the amended Schedule
13D filed by Tracinda Corporation and strategic alternatives available to MGM
MIRAGE, has engaged UBS Investment Bank, as its financial advisor, and Weil,
Gotshal & Manges LLP, as its legal advisor, to assist it in this process.
MGM MIRAGE (NYSE: MGM), one of the wor... |
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| May.23.07 | MGM MIRAGE Champions Diversity Evolution| Company Reports Impact of Diversity Initiative in Business and CommunityLAS VEGAS, May 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE today announced
that its Diversity Initiative continues to experience gains in key areas such
as human resources, strategic sourcing, construction and corporate
philanthropy. Details of the company's performance are published in its
Annual Diversity Report released today.
Since 2000, MGM MIRAGE has reported its diversity performance to... |
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| May.23.07 | MGM MIRAGE Forms Transactions Committee| LAS VEGAS, May 23 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that in response to an amended Schedule 13D filed by Tracinda
Corporation with the Securities and Exchange Commission on May 21, 2007, in
which Tracinda stated: "[Tracinda] intends to enter into negotiations with
MGM MIRAGE to purchase the Bellagio Hotel and Casino and City Center
properties. Tracinda also wishes to pursue strategic alternatives with
respect to its investment in MGM MIRAGE which may in... |
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| May.22.07 | Kenny C. Guinn Elected to MGM MIRAGE Board of Directors| LAS VEGAS, May 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that former Nevada Gov. Kenny C. Guinn has been elected to the
Company's Board of Directors.
"We are very pleased and honored to announce the addition of Kenny Guinn
to the MGM MIRAGE Board of Directors," said Terry Lanni, Chairman and Chief
Executive Officer of MGM MIRAGE. "His vast experience in both the public and
private sector will serve as a tremendous asset to the future direction of our
Com... |
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| May.21.07 | MGM MIRAGE Comments on SEC Filing From Tracinda| LAS VEGAS, May 21 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) noted
that its majority stockholder, Tracinda Corporation, today filed an amended
Schedule 13D with the Securities and Exchange Commission in which Tracinda
states: "that it intends to enter into negotiations with MGM MIRAGE to
purchase the Bellagio Hotel and Casino and City Center properties. Tracinda
also wishes to pursue strategic alternatives with respect to its investment in
MGM MIRAGE which may include financial r... |
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| May.03.07 | MGM MIRAGE Reports Record First Quarter Results| LAS VEGAS, May 3 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its first quarter 2007 financial results, achieving the Company's
highest ever first quarter diluted earnings per share from continuing
operations of $0.55, a 15% increase over the $0.48 per share earned in 2006.
Net income per share on a diluted basis, including the results of discontinued
operations, was $0.57 per share compared to $0.49 per share in 2006. Net
revenues for the first quarter increased 9%... |
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| May.01.07 | MGM MIRAGE Terminates Negotiations With the New York Racing Association and the State of New York| LAS VEGAS, May 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that it has formally withdrawn its proposal to develop and manage a
video lottery terminal ("VLT") facility at the Aqueduct Racetrack and has
terminated its negotiations with the New York Racing Association ("NYRA") and
the State of New York.
"We have worked closely with NYRA and the State of New York for almost
four years on this project. It has been fraught with obstacles, ranging from
NYRA's lega... |
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| Apr.26.07 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, April 26 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
first quarter ended March 31, 2007 prior to the market open on Thursday,
May 3, 2007, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the first quarter
followed by a question and answer period. The call will be accessible via the
Internet through www.mgmmirage.com... |
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| Apr.26.07 | MGM MIRAGE to Invest in The M Resort| LAS VEGAS, April 26 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will invest in The M Resort, an 80-acre mixed-use
development, currently being developed by Anthony A. Marnell III. The project
is located on the southeast corner of Las Vegas Boulevard and St. Rose
Parkway, approximately 10 miles south of Bellagio.
The M Resort will be developed in multiple phases, with the first phase
located on approximately 40 acres consisting of an Italian contemporar... |
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| Apr.20.07 | MGM MIRAGE Provides Update on CityCenter Progress| Project Size Increases by 670,000 Square Feet Residential Sales Exceed $800 Million to DateLAS VEGAS, April 20, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
provided updated information on its CityCenter cost estimates and the progress
of the residential sales efforts.
CityCenter Program and Cost Estimates
Construction of all components of CityCenter is well underway. The
components of CityCenter remain unchanged while the gross construction square
... |
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| Apr.19.07 | MGM MIRAGE Secures Additional Land on North Strip| Strip Frontage Parcels Adjacent to Existing Land Holdings Create Prime 78-Acre Tract for Future Development LAS VEGAS, April 19, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
announced that is has entered into agreements with two landowners to purchase
several parcels of land located on the Las Vegas Strip, which, combined with
existing holdings, will give the company a new, 78-acre site for future
development.
The newly acquired real estate was pur... |
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| Apr.12.07 | MGM MIRAGE Recognized by DiversityBusiness.com as One of 'America's Top Organizations for Multicultural Business Opportunities'| LAS VEGAS, April 12 /PRNewswire/ -- DiversityBusiness.com, the nation's
primary resource portal for small businesses and large organizational buyers,
today recognized MGM MIRAGE as one of the leading companies for multicultural
businesses.
"Those organizations that buy the most products and services, most
consistently, from diversity businesses, and that sustain the most mutually
beneficial business relationships with their multicultural suppliers, should
be recognized not only by... |
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| Apr.12.07 | MGM MIRAGE Signs Joint Venture Agreement With Mubadala Development Company| LAS VEGAS, April 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced it has signed a definitive agreement with Mubadala Development
Company, an investment and development vehicle established and wholly owned by
the Government of the Emirate of Abu Dhabi, U.A.E., to create a new company to
develop luxury non-gaming hotels and resorts globally, initially targeting
locations in Abu Dhabi and Las Vegas.
The formalization of this agreement advances plans for the joint co... |
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| Apr.10.07 | July Opening of The Signature at MGM Grand's Tower 3 Marks Completion of Las Vegas' First Condo Hotel Project| Non-Gaming, Non-Smoking Luxury Hotel Concept Sets New Trend
LAS VEGAS, April 10 /PRNewswire/ -- The Signature at MGM Grand announced
today the July opening of its third 576-suite tower. The debut of this
all-suite tower will mark the completion of The Signature at MGM Grand
complex, a first-of-its-kind hotel concept in Las Vegas that features an
entirely non-gaming, non-smoking environment focused on personal service
within an intimate, exclusive environment.
"There are ... |
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| Apr.10.07 | MGM MIRAGE Completes the Sale of Primm Valley Resorts to Herbst Gaming, Inc.| LAS VEGAS, April 10 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Herbst Gaming, Inc. announced today that they have completed their previously
announced transaction involving the sale of Buffalo Bill's, Primm Valley and
Whiskey Pete's hotel-casinos (collectively known as "Primm Valley Resorts")
located in Primm, Nevada to Herbst Gaming for $400 million.
"My brothers and I are extremely pleased about the acquisition of these
three great assets. We look forward to continuing... |
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| Apr.03.07 | MGM MIRAGE Signs Agreement With Diaoyutai State Guesthouse for Joint Projects in China| LAS VEGAS, April 3, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has signed a definitive agreement with the Diaoyutai
State Guesthouse in Beijing, People's Republic of China aimed at creating a
strategic relationship to pursue non-gaming business opportunities.
The parties intend to create a joint venture to develop luxury non-gaming
hotels and resorts globally, initially targeting locations in the People's
Republic of China.
The ... |
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| Mar.27.07 | MGM MIRAGE Recognized by Fortune Magazine| LAS VEGAS, March 27 /PRNewswire-FirstCall/ -- For the seventh consecutive
year, MGM MIRAGE has been named one of "America's Most Admired Companies" by
Fortune Magazine. This recognition follows the magazine's annual survey that
evaluates the reputation of companies with large U.S. operations.
MGM MIRAGE moved up two spots from 2006 and is ranked second in the
Hotels, Casinos and Resorts industry. Additionally, MGM MIRAGE ranked first
in the industry in several attributes, includi... |
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| Mar.22.07 | MGM MIRAGE Management to Present at JPMorgan Gaming, Lodging & Restaurant Conference| LAS VEGAS, March 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the JPMorgan Gaming,
Lodging & Restaurant Conference being held in Las Vegas, Nevada. A complete
copy of the presentation will be available by visiting the Company's web site
at www.mgmmirage.com.
* * *
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 22... |
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| Mar.22.07 | Daniel J. Taylor Elected to MGM MIRAGE Board of Directors| LAS VEGAS, March 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that Mr. Daniel J. Taylor has accepted an invitation to join the
Company's Board of Directors. Mr. Taylor was elected to his new post by the
MGM MIRAGE Board of Directors at their regularly scheduled meeting held on
March 20, 2007.
"We are very pleased to welcome Dan to the Board of Directors," said Terry
Lanni, Chairman and Chief Executive Officer of MGM MIRAGE. "His financial,
entertainment an... |
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| Mar.21.07 | DiversityInc Recognizes MGM MIRAGE as One of the Top 50 Companies for Diversity| LAS VEGAS, March 21 /PRNewswire-FirstCall/ -- DiversityInc today announced
that Las Vegas-based hotel and gaming company MGM MIRAGE (NYSE: MGM) has been
named to its seventh annual "Top 50 Companies for Diversity" list for the
second consecutive year. MGM MIRAGE is the only gaming company to make the
list.
"We take tremendous pride in seeing our diversity efforts recognized in
such a prestigious forum," said Terry Lanni, Chairman and CEO of MGM MIRAGE.
"We are committed to crea... |
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| Mar.14.07 | MGM MIRAGE and Perini Building Company Launch Nationwide Outreach to Find Diverse Contractors for CityCenter| * Construction and Business Management Training Program Created to Prepare Contractors for Work on $7 Billion Project
LAS VEGAS, March 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE and Perini
Building Company have launched a nationwide campaign to identify qualified
minority, women, and disadvantaged-owned business enterprises (MWDBEs) to
participate in the construction of a $7 billion construction project underway
in Las Vegas known as CityCenter. Recently, the two... |
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| Mar.14.07 | MGM MIRAGE Management to Present at Bank of America Consumer Conference| LAS VEGAS, March 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Bank of America
Consumer Conference being held in New York. A complete copy of the
presentation will be available by visiting the Company's web site at
www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 23 properties located in Nevada,
Mississippi and ... |
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| Mar.08.07 | MGM MIRAGE Appoints Aldo Manzini Executive Vice President and Chief Administrative Officer| Long-time Disney Executive Brings Global Experience to Newly Created Position
LAS VEGAS, March 8 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that Mr. Aldo Manzini has been named to the newly created position
as the company's Executive Vice President and Chief Administrative Officer.
This addition to senior company management will bring strategic coordination
to the company's administrative functions.
Mr. Manzini will oversee multiple corporate departments provi... |
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| Feb.28.07 | MGM MIRAGE Management to Present at the Bear Stearns Retail, Restaurant and Consumer Conference| LAS VEGAS, Feb. 28 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Bear Stearns 13th
Annual Retail, Restaurant and Consumer Conference being held in New York. A
complete copy of the presentation will be available by visiting the Company's
web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 23 properties located in Nevada,
Mississ... |
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| Feb.14.07 | Residences at CityCenter's Mandarin Oriental Las Vegas Nearly Sold Out After Two Weeks on Market| More Than $600 Million in Real Estate Sold in 14 Days
LAS VEGAS, Feb. 14 /PRNewswire-FirstCall/ -- More than 90 percent of the
luxury residential offerings at CityCenter's Mandarin Oriental Las Vegas have
sold in a mere 14 days and generated more than $600 million, signifying a
robust market for Las Vegas' next generation development. The first of
CityCenter's four residential developments to be released to the public for
purchase, The Residences at Mandarin Oriental achie... |
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| Feb.14.07 | MGM MIRAGE Reports Record Fourth Quarter and Full Year Results| LAS VEGAS, Feb. 14 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its fourth quarter and full year 2006 financial results, achieving
record fourth quarter and annual earnings. Diluted earnings per share from
continuing operations for the quarter was $0.68 compared to $0.33 per share
earned in 2005. Net revenues reached a record high and operating margins
remained solid during the fourth quarter, resulting from strong returns on
strategic capital investments in the Com... |
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| Feb.13.07 | MGM Grand Paradise to Commence Planning for Its Second Major Macau Project| LAS VEGAS, Feb. 13 /PRNewswire-FirstCall/ -- MGM Grand Paradise, a 50/50
joint venture between MGM MIRAGE (NYSE: MGM) and Pansy Ho Chiu-king, today
announced that it has been engaged in discussions with the Government of Macau
S.A.R. concerning the development of its second major resort project in Macau.
As a result of these discussions, MGM Grand Paradise will commence planning
for a second resort and expects to submit plans for the new resort later this
year. The project will be loc... |
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| Feb.12.07 | MGM MIRAGE Enters Into Partnership Agreement to Develop New Community In Jean, Nevada| Development strengths of American Nevada Corp. and Diamond Resorts will team
with MGM to create a 166-acre development 25 miles south of Las Vegas
LAS VEGAS, Feb. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has entered into a partnership agreement with Jeanco
Realty Development, LLC to form a 50/50 joint venture whose purpose is to
master plan a mixed-use development on approximately 166-acres of land
currently owned by MGM MIRAGE in Jean, Nevada. ... |
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| Jan.23.07 | MGM MIRAGE's Terry Lanni Honored at the 15th Annual Trumpet Awards| Chairman and CEO of MGM MIRAGE Wins Prestigious Award for His Business Acumen
and Commitment to Corporate Diversity
LAS VEGAS, Jan. 23 /PRNewswire-FirstCall/ -- Terry Lanni, Chairman and CEO
of MGM MIRAGE, was honored at the 15th Annual Trumpet Awards for his business
acumen and commitment to corporate diversity. He received the Chairman's
Award for his consistent support of minority achievement. Other honorees
included celebrated singer Dionne Warwick and profess... |
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| Jan.22.07 | MGM MIRAGE Announces New Promotion and Appointment| Merlinda Gallegos is promoted to Vice President of Corporate Philanthropy Gary Mayo is appointed as Vice President of Energy and Environmental Services
LAS VEGAS, Jan 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
announced the promotion of Merlinda Gallegos to the position of Vice President
of Corporate Philanthropy where she will oversee the company's charitable
giving initiatives and activities associated with the Voice Foundation. The
Voice Foun... |
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| Jan.22.07 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, Jan 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
fourth quarter and fiscal year ended December 31, 2006 prior to the market
open on Wednesday, February 14, 2007, followed by a conference call at
11:00 a.m. Eastern Standard Time.
The conference call will include a brief discussion of the fourth quarter
and fiscal year end results followed by a question and answer peri... |
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| Jan.15.07 | Monte Carlo Sparkles With Prestigious New Honor| Las Vegas Hotel Earns Esteemed 2007 AAA Four Diamond Award
LAS VEGAS, Jan. 15 /PRNewswire-FirstCall/ -- AAA has awarded Monte Carlo
its first Four Diamond Award in the hotel's 10-year history. Monte Carlo is
one of only two first-time hotel winners in Las Vegas for 2007.
"This is a proud moment for the more than 2,800 employees of Monte Carlo,"
said Monte Carlo President & COO Randy Morton. "Their hard work and
dedication are the primary reasons for our success. We are... |
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| Jan.15.07 | MGM Grand Dazzles the Travel Industry With the Most 2007 AAA Diamond Awards| MGM Grand Earns 14 Diamond Designations for Exceptional Level of Hospitality
and Service
LAS VEGAS, Jan. 15 /PRNewswire-FirstCall/ -- AAA has awarded MGM Grand
more 2007 AAA Diamonds under one roof than any other hotel in the United
States, Canada, the Caribbean and Mexico. These highly prestigious honors
follow a multi-year evolution that has redefined MGM Grand as the ultimate Las
Vegas experience.
MGM Grand's coveted AAA Diamond accolades i... |
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| Jan.11.07 | MGM MIRAGE Management to Present at Citigroup's Entertainment, Media and Telecommunications Conference| LAS VEGAS, Jan. 11 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at Citigroup's 17th Annual
Entertainment, Media and Telecommunications Conference being held at the
Mandalay Bay Resort and Casino in Las Vegas, Nevada. A complete copy of the
presentation will be available by visiting the Company's web site at
www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns... |
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| Jan.02.07 | Reservations Now Being Taken for Luxury Residences at MGM MIRAGE's $7B CityCenter| CityCenter's Stunning Residential Sales Pavilion Opens on the Las Vegas Strip
LAS VEGAS, Jan. 2 /PRNewswire-FirstCall/ -- CityCenter's spectacular
Residential Sales Pavilion opened today, designed to showcase the
development's offerings and take reservations for approximately 2,700 luxury
residences. CityCenter, MGM MIRAGE's $7 billion dazzling vertical city in the
heart of the Las Vegas Strip, will redefine the possibilities of sophisticated
urban living. World-class architects and ... |
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| Dec.28.06 | MGM MIRAGE Executive Named to Black Professionals' Top 100 List| Debra J. Nelson, MGM MIRAGE VP, Recognized as a Top African-American Executive
LAS VEGAS, Dec. 28 /PRNewswire-FirstCall/ -- Debra J. Nelson, MGM MIRAGE
Vice President of Corporate Diversity, Communications and Community Affairs,
has been named among Black Professionals magazine's list of "Top 100 Blacks in
Corporate America." Nelson was selected by Black Professionals magazine based
on criteria that included level of responsibility, commitment to the
community, and accomplishments tha... |
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| Dec.18.06 | Mashantucket Pequot Tribal Nation and MGM MIRAGE Sign, Enter Into Multi-Faceted Strategic Alliance| MASHANTUCKET, Conn. and LAS VEGAS, Dec. 18 /PRNewswire-FirstCall/ -- The
Mashantucket Pequot Tribal Nation (MPTN) and MGM MIRAGE (NYSE: MGM) announced
today that they have signed and entered into a series of agreements to
implement their multi-faceted strategic alliance, first announced in April
2006, encompassing a major new destination hotel/casino resort adjacent to
Foxwoods Resort Casino and the development of additional gaming and non-gaming
projects, both at Mashantucket and outs... |
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| Dec.15.06 | MGM MIRAGE Takes Neutral Position Regarding Tracinda Tender Offer| LAS VEGAS, Dec. 15 /PRNewswire-FirstCall -- MGM MIRAGE (NYSE: MGM)
announced today that it has filed a Schedule 14D-9 Solicitation/Recommendation
Statement with the Securities and Exchange Commission (the "SEC") in response
to an unsolicited tender offer by its majority stockholder, Tracinda
Corporation ("Tracinda"), to purchase up to 15 million shares of the common
stock, par value $.01 per share, of MGM MIRAGE for $55.00 per share in cash
(the "Offer"). The terms and conditions of t... |
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| Dec.13.06 | MGM MIRAGE in Discussions With Diaoyutai State Guesthouse for Joint Projects in China| LAS VEGAS, Dec. 13 /PRNewswire-FirstCall -- MGM MIRAGE (NYSE: MGM)
announced today that it is in advanced discussions with the Diaoyutai State
Guesthouse in Beijing, People's Republic of China aimed at creating a
strategic relationship to pursue non-gaming business opportunities.
The parties intend to create a joint venture to develop luxury non-gaming
hotels and resorts globally, initially targeting locations in the People's
Republic of China.
The expectation is that the joint ... |
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| Dec.12.06 | Debra Nelson Speaks at Governor's Conference on Tourism| LAS VEGAS, Dec. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE Vice President of
Corporate Diversity, Communications and Community Affairs Debra Nelson will
speak today at the Nevada Governor's Conference on Tourism in Reno, Nevada.
The conference is an annual event that brings together prominent business
leaders to address trends in the tourism industry and discuss ideas for
improvement. Nelson's presentation is entitled "Beyond Affirmative
Action -- The Scope of Diversity in the 21st Centu... |
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| Dec.06.06 | MGM MIRAGE Announces Agreement With Mubadala Development Company| LAS VEGAS, Dec. 6 /PRNewswire-FirstCall
MGM MIRAGE (NYSE: MGM)
announced today that it and Mubadala Development Company of Abu Dhabi, U.A.E.,
have signed a memorandum of understanding with the aim of creating a strategic
relationship to pursue non-gaming related business opportunities.
The intention is to create a joint venture with the principal purpose of
developing luxury non-gaming hotels and resorts globally, but initially
targeting locations in Abu Dhabi, Las Vegas and the Uni... |
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| Nov.09.06 | Joel Robuchon at MGM Grand Receives Mobil Five-Star Rating From Mobil Travel Guide| One of Only Two Las Vegas Restaurants to Receive Recognition
LAS VEGAS, Nov. 9 /PRNewswire-FirstCall/ -- Joel Robuchon at MGM Grand was
honored with a Mobil Five-Star Award by Mobil Travel Guide, originators of the
prestigious Five-Star rating system and providers of one of the most
comprehensive evaluation systems of hotels, restaurants and spas. This rating
recognizes Joel Robuchon as among the top restaurants in the United States and
Canada for 2007.
"We are thrilled to receiv... |
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| Nov.02.06 | MGM MIRAGE Reports Record Third Quarter Results| LAS VEGAS, Nov. 2 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its third quarter 2006 financial results, achieving record third
quarter revenues and earnings. Diluted earnings per share was $0.54, a 74%
increase over the $0.31 per share earned in 2005, driven by strong top-line
performance -- 5% increase in net revenues -- and higher operating margins.
Highlights from the quarter include:
5% increase in gaming revenues, with strong high-end table game... |
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| Nov.01.06 | MGM MIRAGE's Terry Lanni Regarded as a CEO Who 'Gets It' in New Book| * Diversity Best Practices releases first-ever CEO book on diversity
LAS VEGAS, Nov. 1 /PRNewswire-FirstCall/ -- MGM MIRAGE Chairman and CEO
Terry Lanni discusses the importance of diversity in business and life in a
new book entitled CEOs Who Get It: Diversity Leadership from the Heart and
Soul. Lanni, who is the driving force behind MGM MIRAGE's six-year old
diversity initiative, is the only gaming industry CEO profiled in the book.
The book features corporate chairmen and... |
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| Nov.01.06 | MGM MIRAGE Enters Into an Agreement to Sell Primm Valley Resorts to Herbst Gaming, Inc.| LAS VEGAS, Nov. 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) and
Herbst Gaming, Inc. today announced that they have entered into an agreement
whereby MGM MIRAGE will sell its Buffalo Bill's, Primm Valley and Whiskey
Pete's hotel-casinos (collectively known as "Primm Valley Resorts") located in
Primm, Nevada, to Herbst Gaming, Inc. for $400 million. The transaction is
subject to customary closing conditions contained in the purchase agreement,
including receipt of necessary regul... |
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| Oct.20.06 | MGM MIRAGE Serves Up Diverse Talent in the Culinary Arts| Chefs Jeffrey Henderson and Erika Davis to Be Featured at Ebony Magazine's
Taste of EBONY as Two of America's Leading Chefs
LAS VEGAS, Oct. 20 /PRNewswire-FirstCall/ -- Two MGM MIRAGE executive
chefs will showcase their talents at the Taste of EBONY, an event that
celebrates the contributions of African-Americans in the culinary arts.
Jeffrey Henderson, executive chef of Cafe Bellagio at the Bellagio Resort and
Casino in Las Vegas, Nevada, and Erika Davis, executive pa... |
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| Oct.16.06 | MGM MIRAGE to Sell Laughlin Properties to a Group Led by Anthony Marnell III| LAS VEGAS, Oct 16, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has entered into an agreement to sell its Colorado
Belle and Edgewater hotel-casinos located in Laughlin, Nevada, to a group led
by Anthony Marnell III for $200 million. The transaction is subject to
customary closing conditions contained in the purchase agreement, including
receipt of all necessary regulatory and governmental approvals. Both parties
anticipate the tran... |
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| Oct.16.06 | MGM MIRAGE Announces Third Quarter Earnings Release Date| LAS VEGAS, Oct. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
third quarter ended September 30, 2006 prior to the market open on Thursday,
November 2, 2006, followed by a conference call at 11:00 a.m. Eastern Standard
Time.
The conference call will include a brief discussion of the third quarter
results followed by a question and answer period. The call will be accessible
via the Internet through... |
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| Oct.10.06 | MGM MIRAGE Amends and Restates $7 Billion Loan Agreement| LAS VEGAS, Oct. 10 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has entered into the Fifth Amended and Restated Loan
Agreement (the "Fifth Loan Agreement") by and among the Company, MGM Grand
Detroit, LLC, as initial co-borrower, and the lenders named therein. The
Fifth Loan Agreement provides for a maximum borrowing capacity of $7 billion
consisting of a revolving credit facility and a term loan facility.
"We are extremely gratified by the overwhelming... |
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| Sep.28.06 | Two Hispanic Business Publications Name MGM MIRAGE Among Top Companies for Diversity| Gaming Company Recognized by Latin Business and Hispanic Business MagazinesLAS VEGAS, Sept 28, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- In recognition of the
company's outreach to the Hispanic community, Latin Business magazine recently
named MGM MIRAGE to the third annual "2006 Corporate Diversity Honor Roll."
MGM MIRAGE, one of 21 recognized companies, is the only gaming company on the
list.
Latin Business evaluated more than 80 companies which had received
diversity reco... |
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| Sep.25.06 | Japonais - Signature Style, European Elegance and Modern Japanese Cuisine Debut at The Mirage in Las Vegas| LAS VEGAS, Sept. 25 /PRNewswire-FirstCall/ -- This fall, Japonais, one of
Chicago and New York City's most adored and critically acclaimed restaurants,
goes west. Renowned restaurateurs and partners in all three Japonais
properties, Miae Lim, Rick Wahlstedt and Jeffrey Beers (also the restaurant's
designer) have joined forces with The Mirage to open a Japonais outpost in one
the country's most thriving culinary cities.
Las Vegas tourists, avid foodies and locals alike will be inst... |
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| Sep.20.06 | MGM MIRAGE to Receive 2006 Secretary of Defense Employer Support Freedom Award| Award Is the Department of Defense's Highest Honor for Employer Support
LAS VEGAS, Sept. 20 /PRNewswire-FirstCall/ -- MGM MIRAGE is one of 15 U.S.
companies to receive the 2006 Secretary of Defense Employer Support Freedom
Award. This prestigious award is the highest honor a company can receive from
the Department of Defense for exceptional support above the requirements of
federal law.
The Freedom Award is sponsored by the National Committee for Employer
Support of the Guard ... |
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| Sep.06.06 | Executive Appointments Announced at Hotel and Gaming Company| * MGM MIRAGE Names Marshall Minor as Assistant VP of Corporate Finance * MGM Grand Resorts Names Mark Huntley as Executive VP of Operations at MGM Grand Hotel & CasinoLAS VEGAS, Sept 06, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE today announced
the appointment of Marshall Minor as Assistant Vice President of Corporate
Finance. In this newly created position, Minor will be responsible for
reviewing and monitoring the financial performance of all properties,
exploring ... |
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| Aug.29.06 | Beau Rivage Resort & Casino - The Largest Employer in Biloxi - Puts 3,800 Employees Back to Work; Re-Opens Resort 12 Months After Katrina| BILOXI, Miss., Aug. 29 /PRNewswire-FirstCall/ -- The Beau is back. In a
symbolic ceremony led by U.S. Senator Trent Lott, Mississippi Governor Haley
Barbour, Biloxi Mayor A.J. Holloway and MGM MIRAGE executives, Beau Rivage
Resort & Casino opened its doors for business today, ushering in nearly 4,000
employees and continuing the era of hope and recovery for the Gulf Coast.
(Photo: http://www.newscom.com/cgi-bin/prnh/20060829/LATU069)
"The re-opening of Beau Rivage repr... |
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| Aug.28.06 | MGM MIRAGE Named to LATINA Style 50| Gaming Company Considered One of the Best for Latinas to Work for in the U.S.
LAS VEGAS, Aug. 28 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named one
of the "50 Best Companies for Latinas" by LATINA Style Magazine. The company
is the only in the gaming industry to make the list.
To select the best companies, LATINA Style evaluated more than 800 U.S.
corporations on issues that the publication's readers identified as most
important in the workplace. Principal areas of evaluatio... |
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| Aug.17.06 | CKX and Cirque du Soleil Announce the Return of Elvis to Las Vegas at MGM MIRAGE's Project CityCenter| Elvis Presley Show, to be Permanently Located at CityCenter Hotel/Casino,
Expected to Open November 2009
NEW YORK, Aug. 17 /PRNewswire-FirstCall/ -- CKX, Inc., (Nasdaq: CKXE), its
subsidiary Elvis Presley Enterprises and Cirque du Soleil have reached an
agreement with MGM MIRAGE (NYSE: MGM) to create a permanent Elvis Presley show
at the CityCenter hotel/casino, under construction in Las Vegas. The show is
expected to open with the hotel in November 2009.
... |
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| Aug.15.06 | MGM MIRAGE Unveils 'New' Beau Rivage Resort & Casino| Resort Will Feature Dynamic New Restaurants and Poker Room; Redesigned Guest
Rooms, Casino, Theatre and More; Reservations Now Being Accepted
BILOXI, Miss., Aug. 15 /PRNewswire-FirstCall/ -- Blending new amenities
with guest favorites, Beau Rivage Resort & Casino will reopen 12 months after
Hurricane Katrina on August 29, 2006, employing 3,800 Mississippians. The
resort will feature the charm and elegance guests have come to love, while
offering a fresh new experience that wil... |
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| Aug.13.06 | MGM MIRAGE Executives Honored for Community Service| LAS VEGAS, Aug. 13 /PRNewswire-FirstCall/ -- Two MGM MIRAGE executives
were recently honored for their community service and dedication to promoting
diversity in Southern Nevada.
The Las Vegas Urban Chamber of Commerce awarded Punam Mathur, MGM MIRAGE
Senior Vice President of Corporate Diversity and Community Affairs, with the
Community Enrichment Award in Civil Rights. The award was presented at the
Chamber's Annual Ann Gregory Memorial Scholarship and Community Enrichment
Award... |
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| Aug.03.06 | MGM MIRAGE Reports Record Second Quarter Results| Same-Store Cash Flow Growth and Increased Operating Margins Highlight Results
LAS VEGAS, Aug. 3 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its second quarter 2006 financial results, achieving record second
quarter revenues and earnings. The Company continues to drive increased
revenues as a result of strategic capital investments in existing resorts.
Operating margins increased and earnings benefited from a full quarter of
results from the Mandalay Resort Group ("... |
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| Jul.19.06 | MGM MIRAGE Announces Second Quarter Earnings Release Date| LAS VEGAS, July 19 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
second quarter ended June 30, 2006 prior to the market open on Thursday,
August 3, 2006, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the second quarter
results followed by a question and answer period. The call will be accessible
via the Internet through www.mg... |
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| Jul.11.06 | MGM MIRAGE Appoints Richard Vosburgh and Promotes Miriam Hammond as Senior Vice Presidents of Human Resources| LAS VEGAS, July 11 /PRNewswire-FirstCall/ -- MGM MIRAGE has announced the
appointment of Richard Vosburgh as Senior Vice President of Human Resources
for Mirage Resorts. Vosburgh will oversee human resources at all Mirage
Resorts properties including Project CityCenter, a $7 billion development
project currently underway in Las Vegas. He will report to Bobby Baldwin,
Mirage Resorts President and Chief Executive Officer.
According to Baldwin, Vosburgh's expertise will be a tremend... |
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| Jul.07.06 | MGM MIRAGE Voice Foundation Sets a New Benchmark in Employee Giving| Employees Raise More Than $5.7 Million to Benefit the Community
LAS VEGAS, July 7 /PRNewswire-FirstCall/ -- The MGM MIRAGE Voice
Foundation today announced that more than $5.7 million was raised during its
2006 fundraising campaign. The Voice Foundation is the company's nonprofit,
philanthropic entity that collects and disburses employee donations to
deserving charities and causes where its employees live and work.
Approximately 47 percent of 70,000 MGM MIRAGE employees partici... |
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| Jun.26.06 | MGM MIRAGE Sets Project CityCenter Foundation With 'Big Pour'| Studio Daniel Libeskind, Murphy/Jahn Architects, Rockwell Group Join
International Design Team; Innovative Urban Metropolis Offers Opportunity to
Live the Las Vegas Strip Experience
LAS VEGAS, June 26 /PRNewswire/ -- With more than 10,000 cubic yards of
concrete delivered by convoy, MGM MIRAGE set the foundation today for the
transformation of the Las Vegas Strip. Project CityCenter, an unprecedented
$7 billion urban metropolis, will be defined by spectacular arch... |
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| Jun.22.06 | MGM MIRAGE Appoints Tom Peck as Senior Vice President and Chief Information Officer| LAS VEGAS, June 22, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE has announced the
appointment of Tom Peck as Senior Vice President and Chief Information
Officer. Peck will be responsible for the overall management and leadership
of the company's Information Technology (IT) department, including technology,
software development, operations and project management. He will report to
Jim Murren, MGM MIRAGE President and Chief Financial Officer, and will be
based in Las ... |
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| Jun.13.06 | MGM MIRAGE Among Black Enterprise's '40 Best Companies for Diversity'| LAS VEGAS, June 13 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named one
of the "40 Best Companies for Diversity" by Black Enterprise (BE) magazine.
This is the second consecutive year that the company has been named to the
list.
According to MGM MIRAGE Chairman and CEO Terry Lanni, recognition by Black
Enterprise is a significant accomplishment for the company and its 70,000
employees. "It is a great honor to be recognized for our diversity efforts by
such a prominent publicat... |
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| Jun.07.06 | MGM Grand Hotel and Casino Named One of Southern Nevada's 'Best Places to Work'| LAS VEGAS, June 7 /PRNewswire-FirstCall/ -- Southern Nevada Human Resource
Association (SNHRA) has named MGM Grand Hotel and Casino as the "Best Place to
Work" in the gaming industry for 2006. This marks the second consecutive year
that MGM Grand has received this award.
"Being named the 'Best Place to Work' two years in a row is an honor for
our company and employees," said MGM Grand President and COO Gamal Aziz.
"This award is recognition of our strong benefits, innovative appro... |
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| May.29.06 | MGM MIRAGE Named a 'Top 20 Company for Asian Pacific Americans' by Asian Enterprise| LAS VEGAS, May 29 /PRNewswire-FirstCall/ -- MGM MIRAGE was recently named
a "Top 20 Company for Asian Pacific Americans" by Asian Enterprise magazine at
an annual awards ceremony in Kona, Hawaii.
Top companies were chosen based on criteria such as the number of Asian
American employees, the number of Asian vendors and suppliers utilized by the
company, and involvement in the Asian Pacific American community.
Additionally, an MGM MIRAGE vendor, Royal Pacific Enterprises, was... |
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| May.22.06 | MGM MIRAGE Recognized by Forbes as a Global High Performer| Company Also Received 'Supplier Diversity Program of the Year' Award by Nevada
Minority Business Group
LAS VEGAS, May 22 /PRNewswire-FirstCall/ -- MGM MIRAGE was recently
recognized by Forbes Magazine as one of the leading companies in the hotel,
restaurant and leisure industry. Named a "Global High Performer," MGM MIRAGE
was the only company in the gaming industry to receive the recognition.
To identify the top "Global High Performers," Forbes analyzed ... |
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| May.12.06 | Anthony Mandekic Joins the MGM MIRAGE Board of Directors| LAS VEGAS, May 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
announced that Anthony Mandekic has accepted an invitation to join the
Company's Board of Directors. Mr. Mandekic was elected to his new post by the
MGM MIRAGE Board of Directors at their regularly scheduled meeting held on
May 9, 2006.
"We are very pleased to welcome Anthony Mandekic to the MGM MIRAGE Board
of Directors," said MGM MIRAGE Chairman and Chief Executive Officer J.
Terren... |
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| May.10.06 | MGM MIRAGE Unveils 2005 Diversity Report| Company Touts Diversity Education as Key to Corporate Merger and Announces
Forward Movement in HR, Purchasing, Construction and Corporate Philanthropy
LAS VEGAS, May 10 /PRNewswire-FirstCall/ -- MGM MIRAGE today heralded its
diversity education program as a key factor in helping create a unified
company vision and a culture of shared values following its merger with
Mandalay Resort Group (MRG). At the time of the merger in April 2005,
MGM MIRAGE grew from 11 to 23 hotel and casino ... |
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| Apr.27.06 | MGM MIRAGE Reports Record First Quarter Results| Results Exceed Company Guidance by $0.06 Per ShareLAS VEGAS, April 27, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM) today
reported its first quarter 2006 financial results, highlighted by record first
quarter revenues and earnings. Revenues were driven by continued operating
strength at the Company's resorts. The Company also maintained its
industry-leading margins and continued to benefit from the accretive
acquisition of Mandalay Resort Group ("Mandalay"... |
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| Apr.25.06 | MGM MIRAGE to Announce its 2005 Diversity Performance at Upcoming Meeting| Company Also to Host Diversity Expo to Help Drive Business to Minority, Women
and Disadvantaged Businesses
WHAT: MGM MIRAGE will release the 2005 results of the company's
Diversity Initiative focusing on advancements in the areas of
human resources/employment, purchasing, construction and
philanthropy.
WHEN: Wednesday, May 10, 2006
WHO: J. Terrence Lanni, Chairman and CEO, MGM MIRA... |
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| Apr.25.06 | Mashantucket Pequot Tribal Nation and MGM MIRAGE Announce Multi-Faceted Strategic Alliance| MASHANTUCKET, Conn. and LAS VEGAS, April 25 /PRNewswire-FirstCall/ -- The
Mashantucket Pequot Tribal Nation ("MPTN") and MGM MIRAGE (NYSE: MGM)
announced today that they have agreed to enter into a multi-faceted strategic
alliance encompassing a major new destination hotel/casino resort at Foxwoods
Resort Casino and the development of additional gaming and non-gaming
projects, both at Foxwoods and outside of Connecticut.
The strategic alliance, which is subject to the execution of ... |
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| Apr.24.06 | MGM MIRAGE Appoints Dzidra Junior as National Diversity Sales Manager| LAS VEGAS, April 24 /PRNewswire-FirstCall/ -- MGM MIRAGE today announced
the appointment of Dzidra Junior as the company's National Diversity Sales
Manager. She will be responsible for developing and implementing a business
strategy to attract diverse markets and consumers to the properties of MGM
MIRAGE. The position will report to Chuck Bowling, Executive Vice President
of Sales and Marketing for MGM Grand Resorts and will be based in Las Vegas.
"MGM MIRAGE strives for its pr... |
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| Apr.21.06 | MGM MIRAGE Presents $25,000 to Latin Chamber of Commerce at Scholarship Luncheon| LAS VEGAS, April 21 /PRNewswire-FirstCall/ -- MGM MIRAGE has provided the
following caption for the photo below.
Caption: Carlos Castro, left, Mandalay Bay Chief Financial Officer,
presents Robert Gomez, center, Latin Chamber of Commerce
Chairman of the Board, and Otto Merida, right, Latin Chamber
of Commerce President, with a check for $25,000 on behalf of
MGM MIRAGE. These funds will launch the 2006 MGM MIRAGE
... |
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| Apr.18.06 | DiversityInc Names MGM MIRAGE One of the Top 50 Companies for Diversity| LAS VEGAS, April 18 /PRNewswire-FirstCall/ -- DiversityInc Magazine
announced today that Las Vegas-based hotel and gaming company MGM MIRAGE has
been named to its sixth annual "Top 50 Companies for Diversity" list. This is
first time that MGM MIRAGE has been selected to the Top 50 list. MGM MIRAGE
is the only gaming company to make the list.
A total of 256 companies, a 100 percent increase over the last three
years, competed for a spot on the highly coveted list developed by on... |
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| Apr.17.06 | MGM MIRAGE Voice Foundation Celebrates Five Years of Fundraising Success| Property Presidents Make Unique Promises to Reach This Year's GoalLAS VEGAS, April 17, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The MGM MIRAGE Voice
Foundation is currently celebrating its fifth year of service to the
community. The Voice Foundation is MGM MIRAGE's nonprofit, philanthropic
entity that collects and disperses employee donations to deserving charities
and causes where its employees live and work.
Annually, the Voice Foundation conducts fundraising campaigns at... |
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| Apr.10.06 | MGM MIRAGE Hosts 2006 Diversity Expo| Event Provides Business Owners With Unique Opportunity to Meet and Pitch Their
Goods and Services to Key Executives
LAS VEGAS, April 10 /PRNewswire-FirstCall/ -- MGM MIRAGE will host its
third Diversity Expo next month in Las Vegas at The Mirage Events Center. The
Expo will feature all of the company's properties and corporate units
including Construction, Corporate Retail and Corporate Purchasing. Business
owners will have the unique opportunity to meet with key... |
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| Apr.10.06 | MGM MIRAGE Announces First Quarter Earnings Release Date| LAS VEGAS, April 10 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
first quarter ended March 31, 2006 prior to the market open on Thursday,
April 27, 2006, followed by a conference call at 11:00 a.m. Eastern Daylight
Time.
The conference call will include a brief discussion of the first quarter
results followed by a question and answer period. The call will be accessible
via the Internet through www.mg... |
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| Apr.03.06 | Teresa Reynolds Joins MGM MIRAGE as Chief Procurement Officer| LAS VEGAS, April 3 /PRNewswire-FirstCall/ -- MGM MIRAGE today announced
the appointment of Teresa Reynolds as Chief Procurement Officer. In this
newly created position, Reynolds will be responsible for leading a strategic
sourcing team that will leverage procurement activity throughout the company.
She will report to Heidi Sealy, Senior Vice President for Corporate Services
and will be based in Las Vegas.
"Teresa's vast experience and proven leadership in strategic sourcing and
p... |
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| Mar.27.06 | Photo Advisory - MGM MIRAGE| LAS VEGAS, March 27 /PRNewswire/ -- Editors are advised that a
high-resolution photo is available for MGM MIRAGE.
Caption: At Jean-Philippe Patisserie at Bellagio, bunnies are delivering
eggs in a chocolate hot rod! Standing five feet tall and weighing 380 pounds,
Executive Pastry Chef Jean-Philippe Maury has sculpted a mouth-watering Easter
display of two chocolate bunnies driving a chocolate car. The Easter
sculpture will be on display until April 30, 2006. (PRNewsFoto)
M... |
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| Mar.16.06 | Punam Mathur Named as 'Woman of Distinction' for Gaming by the National Association of Women Business Owners of Southern Nevada| LAS VEGAS, March 16, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Punam Mathur, MGM MIRAGE
Senior Vice President of Corporate Diversity and Community Affairs, has been
named as one of Southern Nevada's "Women of Distinction" by the National
Association of Women Business Owners of Southern Nevada (NAWBO).
Annually, NAWBO honors women for their contributions in the Southern
Nevada business community. Mathur was selected for her achievements in the
gaming industry. She was nomin... |
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| Mar.09.06 | MGM MIRAGE Scores Among Top Corporate Web Sites by Diversity Best Practices| LAS VEGAS, March 9, 2006 /PRNewswire via COMTEX News Network/ -- The MGM MIRAGE corporate web site has
been ranked among the leading corporate Internet sites for its diversity
content by Diversity Best Practices (DBP) and The Business Women's Network.
The ranking follows an in-depth review by the University of Maryland's QUEST
Honor Student Program in which 500 corporate web sites representing
38 industries were evaluated. Listed among the "Top 50" corporate web sites,
MGM MIRAGE is the h... |
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| Mar.03.06 | MGM MIRAGE Recognized by Leading Business Publications Fortune Magazine and Hispanic Trends Magazine| LAS VEGAS, March 3 /PRNewswire-FirstCall/ -- For the fifth consecutive
year, MGM MIRAGE has been named one of "America's Most Admired Companies" by
Fortune Magazine. This recognition follows the magazine's annual survey that
evaluates the reputation of companies with large U.S. operations.
To identify "America's Most Admired Companies" for 2006, Fortune asked
10,000 executives, directors and securities analysts to rate companies based
on criteria including investment value, innova... |
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| Feb.24.06 | MGM MIRAGE Management to Present at Wachovia Consumer Growth Conference| LAS VEGAS, Feb. 24 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Wachovia Consumer
Growth Conference in Key Biscayne, Florida. A complete copy of the
presentation will be available by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 23 properties located in Nevada,
Mississippi and Michigan, and has investments in... |
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| Feb.23.06 | MGM MIRAGE Reports Record Fourth Quarter and Full Year Results| Core Operations Remain Strong; Progress Made on Growth Initiatives
LAS VEGAS, Feb. 23 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported record fourth quarter and full year 2005 financial results,
highlighted by impressive revenue growth in all operating areas.
Adjusted earnings from continuing operations per diluted share ("Adjusted
EPS") was $0.35 in 2005, representing the Company's best fourth quarter
performance ever, and an increase of 25% over the $0.28 ear... |
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| Feb.21.06 | MGM MIRAGE Joins KVVU FOX 5's Salute to Black History Month| Feb 22, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE executives are
currently featured on KVVU FOX 5's salute to Black History Month. Featured
executives include Debra Nelson, Vice President, Corporate Diversity &
Community Affairs; Lorenzo Creighton, President and COO, New York-New York
Hotel Casino; and Catherine Bingue, Operations Manager, Teatro at the MGM
Grand.
Participants were invited to give personal reflections on the
contributions of important African ... |
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| Feb.21.06 | MGM MIRAGE Announces Resignation of Director Terry Christensen| LAS VEGAS, Feb. 21 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced that Terry Christensen has resigned from the Company's Board of
Directors pending resolution of legal matters unrelated to the company.
J. Terrence Lanni, MGM MIRAGE Chairman and Chief Executive Officer, said:
"Terry Christensen is a founding director of MGM MIRAGE and we are confident
that after a trial on the merits, he will be exonerated. Mr. Christensen has
always put the interests of the Company and... |
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| Feb.09.06 | MGM MIRAGE Provides Update on Las Vegas Development Plans| Approves Design and Budget for Project CityCenter;
Releases Profitability Forecast for Current Residential Program at MGM Grand
Las Vegas
LAS VEGAS, Feb. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
announced that its Board of Directors has approved the design and budget for
Project CityCenter, the Company's previously announced urban development
project at the heart of the Las Vegas Strip. Project CityCenter will feature
a... |
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| Feb.07.06 | MGM MIRAGE Announces Earnings Release Date| LAS VEGAS, Feb. 7 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
fourth quarter and fiscal year ended December 31, 2005 prior to the market
open on Thursday, February 23, 2006, followed by a conference call at 11:00
a.m. Eastern Standard Time.
The conference call will include a brief discussion of the fourth quarter
and fiscal year end results followed by a question and answer period. The
call will be ... |
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| Feb.06.06 | The Signature at MGM Grand, Las Vegas, to Debut in May 2006| Reservations Now Being Accepted for New Luxury Accommodations
LAS VEGAS, Feb. 6 /PRNewswire-FirstCall/ -- MGM Grand announced that it is
now accepting reservations as of February 6 for The Signature at MGM Grand,
the luxurious suite hotel to debut in May 2006.
A stylish addition to the MGM Grand portfolio, The Signature's suites are
set within three beautiful and distinct towers and will provide guests with a
serene retreat and an intimate setting where the focus is on pers... |
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| Jan.27.06 | MGM MIRAGE is Recognized for Outstanding Supplier Diversity by Multicultural Business Owners| LAS VEGAS, Jan. 27 /PRNewswire-FirstCall/ -- MGM MIRAGE has been cited as
one of the top corporations in the U.S. for multicultural businesses by
DiversityBusiness.com, the leading B2B online portal for diversity businesses
and large organizational buyers.
According to Kenton Clark, president & CEO, DiversityBusiness.com, the
recognition is based on factors such as volume, consistency and quality of
business opportunities that a company grants women and minority-owned
suppliers. ... |
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| Jan.24.06 | MGM MIRAGE's Lorenzo Creighton Honored at the 14th Annual Trumpet Awards| President and COO of MGM MIRAGE's New York-New York Hotel & Casino Wins
Prestigious Award for Business Excellence
LAS VEGAS, Jan. 24 /PRNewswire-FirstCall/ -- Lorenzo Creighton, President
and COO of MGM MIRAGE's New York-New York Hotel and Casino, was among the
outstanding honorees at the 14th Annual Trumpet Awards held in Atlanta
yesterday at the Georgia World Congress Center. The Trumpet Awards highlight
the accomplishments of African Americans in business, law,... |
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| Jan.23.06 | MGM MIRAGE is 'Most Admired' for HR Practices by Human Resource Executive Magazine| Jan 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE has been named
among the "most admired companies" for its human resources practices by Human
Resource Executive Magazine. According to the publication, the recognition is
based upon Fortune Magazine's "most admired companies" ranking which listed
MGM MIRAGE as one of the 50 best companies for minorities in 2004.
Human Resource Executive Magazine evaluated companies in four human
resources-related areas: people ma... |
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| Jan.12.06 | MGM MIRAGE's Lorenzo Creighton Listed Among 2006 Trumpet Awardees| President and COO of MGM MIRAGE's New York-New York Hotel & Casino Wins Prestigious Award for Business ExcellenceLAS VEGAS, Jan 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Lorenzo Creighton, President
and Chief Operating Officer of MGM MIRAGE's New York-New York Hotel & Casino,
has been named recipient of the prestigious Trumpet Award for his
contributions in business. Creighton is the first and only African American
to lead a property on the Las Vegas Strip. He also is dist... |
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| Jan.09.06 | MGM Grand Macau Announces Project Enhancements and Secures $700 Million in Project Financing| LAS VEGAS, Jan. 9 /PRNewswire-FirstCall/ -- MGM Grand Macau, a
hotel-casino resort currently under construction in Macau S.A.R., today
announced significant enhancements to the project and that it has secured
$700 million in project financing from a consortium of leading financial
institutions. MGM Grand Macau is 50/50 owned and will be jointly operated by
MGM MIRAGE (NYSE: MGM) and Pansy Ho Chiu-king.
The enhancements to the project include a premier entertainment venue and
an i... |
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| Dec.29.05 | In Memoriam: Walter M. Sharp, Former Member of the MGM Mirage Board of Directors and Former Community Bank President| Aug. 26, 1916 - Dec. 22, 2005
Committee Member for the Los Angeles Chamber of Commerce and President of the
Community Bankers of California; Catalyst in the Independent Banking Industry;
Memorial Service is Scheduled for Jan. 5.
LAS VEGAS, Dec. 29 /PRNewswire-FirstCall/ -- Walter M. Sharp, a longtime
member of the MGM MIRAGE (formerly MGM Grand, Inc.) Board of Directors and a
highly respected member of the California banking industry, passed aw... |
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| Dec.15.05 | MGM MIRAGE Properties Selling Special Bracelets to Help Hurricane Katrina Victims Rebuild Their Lives|
Company Enables Employees to Contribute Flex Time to Katrina Recovery Fund
MGM MIRAGE to Match All Employee Contributions Through Dec. 31
LAS VEGAS, Dec. 15 /PRNewswire-FirstCall/ -- Thanks to MGM MIRAGE, holiday
shoppers can now find a good stocking stuffer and contribute to a worthwhile
cause at the same time.
(Photo: http://www.newscom.com/cgi-bin/prnh/20051215/LATH088 )
To help its employees in Mississippi recover from this year's hurricanes,
MGM MIRAGE an... |
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| Dec.15.05 | Bellagio's Conservatory & Botanical Gardens Transforms Into Whimsical Winter Wonderland| A Bountiful Ocean Spray Cranberry Bog, Fanciful Penguins and Carnation-Covered
Polar Bears, Shimmering Lights and a Towering Tree Make This a Display to
Remember
LAS VEGAS, Dec. 15 /PRNewswire-FirstCall/ -- Bellagio's Conservatory &
Botanical Gardens combines the nostalgia of yesteryear with the wonders of
modern technology to create a multitude of picture-perfect moments this
holiday season. A colorful cranberry bog calls to mind the vision of a
plen... |
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| Dec.12.05 | MGM MIRAGE Chosen to Develop Regional Casino at Birmingham NEC, to Create Multimillion-Pound, 125-Year Regeneration Legacy for Birmingham, Solihull and the West Midlands| BIRMINGHAM, England, Dec 12, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- The NEC Group today
announced that MGM MIRAGE (NYSE: MGM) has been chosen to develop a unique
multimillion-pound regeneration proposal that, if awarded a license, promises
to create a spectacular regional entertainment casino complex -- MGM Grand at
the NEC -- at the National Exhibition Centre in Birmingham.
The NEC conducted a competitive bid between ten UK and international
operators, which, among other... |
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| Dec.09.05 | MGM MIRAGE Extends the Expiration Dates for Exchange Offers| LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it is extending until 5:00 p.m., New York City time, on
December 13, 2005, unless further extended, the expiration date of its offer
to exchange $500 million in aggregate principal amount of its 6.625% Senior
Notes due 2015 registered under the Securities Act of 1933 (the "$500 Million
Notes") for a like principal amount of its unregistered 6.625% Senior Notes
due 2015 validly tendered in the corres... |
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| Nov.30.05 | 200 Pound, Life-Size Chocolate Santa Arrives at Bellagio's Jean-Philippe Patisserie|
WHAT: A life-size chocolate Santa Claus kicks off the holiday season at
Bellagio. Executive Pastry Chef Jean-Philippe Maury, at his
namesake patisserie, created the dark and milk chocolate rendition
of good ole Saint Nick. Weighing 200 pounds and standing 5 feet
tall, the edible masterpiece is perched above Jean-Philippe
Patisserie for everyone to see. The Santa took two weeks to
create and will be on displa... |
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| Nov.18.05 | MGM MIRAGE is Cited for Outstanding Corporate Philanthropy by Fundraising Professionals| LAS VEGAS, Nov. 18 /PRNewswire-FirstCall/ -- MGM MIRAGE, along with its
employee-funded Voice Foundation, are recipients of the "Outstanding
Corporation/Foundation of the Year" award from the Las Vegas Chapter of the
Association of Fundraising Professionals (AFP). The company was recognized
this week for its philanthropic contributions to help improve the quality of
life within the communities in which its employees live and work.
"MGM MIRAGE and the MGM MIRAGE Voice Foundation ar... |
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| Nov.17.05 | MGM MIRAGE to Present at Deutsche Bank Hospitality and Gaming Conference| LAS VEGAS, Nov. 17 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Deutsche Bank
Hospitality and Gaming Conference in New York. A complete copy of the
presentation will be available by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 24 properties located in Nevada,
Mississippi and Michigan, and has investments in ... |
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| Nov.10.05 | Punam Mathur Named to Women's Hall of Fame by Women's Chamber of Commerce of Nevada| LAS VEGAS, Nov. 10 /PRNewswire-FirstCall/ -- Punam Mathur, MGM MIRAGE
Senior Vice President of Diversity & Corporate Community Affairs, is one of 10
business leaders inducted this week into the Hall of Fame by the Women's
Chamber of Commerce of Nevada.
On behalf of MGM MIRAGE, Mathur oversees the company's diversity
initiative, as well as government affairs, community relations, corporate
philanthropy and the MGM MIRAGE Voice Foundation.
During her tenure, MGM MIRAGE has recei... |
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| Nov.09.05 | MGM MIRAGE is Named One of the 'Best Companies to Work For' by Nevada Business Journal| LAS VEGAS, Nov. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named one
of Nevada's "Best Companies to Work For" by Nevada Business Journal. The
gaming and hospitality company was recognized for providing top quality
employee benefits such as retirement and employee assistance programs, health
insurance, tuition reimbursement, on-site daycare and training initiatives
that address the needs of a diverse workforce.
"We are proud of this designation as it reflects our commitment to... |
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| Oct.31.05 | MGM MIRAGE Named Among 'Top 25 Companies for African-Americans' by Black Professionals Magazine| LAS VEGAS, Oct. 31 /PRNewswire-FirstCall/ -- MGM MIRAGE has been
recognized as one of the "Top 25 Companies for African-Americans," according
to the Fall Issue of Black Professionals Magazine. The list salutes major
corporations for their workforce and supplier diversity initiatives, in
addition to overall commitment to hiring diverse candidates.
MGM MIRAGE was cited for being the first company in the gaming industry to
establish a voluntary diversity initiative in 2000. In addit... |
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| Oct.26.05 | MGM MIRAGE Reports Record Third Quarter Results| Core Operations Remain Strong; Progress Made on Growth Initiatives
LAS VEGAS, Oct. 26 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its third quarter 2005 financial results. Adjusted earnings from
continuing operations per diluted share ("Adjusted EPS") increased to a third
quarter record of $0.38 in 2005, an increase of 36% over the previous third
quarter record of $0.28 earned in the 2004 quarter.(1) The strong earnings
were driven by the accretive acquisiti... |
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| Oct.13.05 | MGM MIRAGE Employees Featured in Photo Exhibit Celebrating 100th Centennial of Las Vegas| LAS VEGAS, Oct. 13 /PRNewswire-FirstCall/ -- MGM MIRAGE employees will be
celebrated for their contributions to the hospitality industry as part of
"Reflections: A Centennial Celebration of African American Achievement," a
photo exhibit on display now at Nevada Partners.
According to the organizers, "The display is designed to honor African
Americans of the past, present and future that have been, are now, and will be
leaders, advocates, and pioneers of the Las Vegas hospitality in... |
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| Oct.11.05 | MGM MIRAGE Named 'Corporation of the Year' by Latin Chamber of Commerce| LAS VEGAS, Oct. 11 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named the
2005 'Corporation of the Year' by the Latin Chamber of Commerce, one of the
premier business organizations serving the Hispanic community in Southern
Nevada.
The award is presented annually to recognize companies whose commitment to
diversity is exemplified through outstanding workplace initiatives and
community relations efforts.
"We are proud to present this award to MGM MIRAGE, a company that believe... |
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| Oct.11.05 | New York-New York Hotel and Casino Receives 'Healthy Workplace' Award From the Nevada State Psychological Association| LAS VEGAS, Oct. 11 /PRNewswire-FirstCall/ -- New York-New York Hotel and
Casino is recipient of the leading 'Healthy Workplace' award from the Nevada
State Psychological Association (NSPA) and the American Psychological
Association (APA). The award recognized the hotel and casino for excellence
in creating and maintaining a work environment that is considerate of the
psychological health of its 2,400 employees.
New York-New York was selected following a comprehensive, five-year st... |
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| Oct.07.05 | In Memoriam: George Mason, Longtime Member of the MGM MIRAGE Board of Directors and Senior Managing Director of Bear, Stearns & Co. Inc., 1930-2005| LAS VEGAS, Oct. 7 /PRNewswire-FirstCall/ -- George Mason, a longtime
member of the MGM MIRAGE Board of Directors and a highly respected member of
the financial community as Senior Managing Director of Bear, Stearns & Co.
Inc., Los Angeles, passed away October 5, 2005. He was 74.
"We are deeply saddened at George's passing," said Terry Lanni, Chairman
and Chief Executive Officer of MGM MIRAGE. "He was an incredibly influential
figure in the gaming and finance industries. With his... |
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| Oct.05.05 | MGM MIRAGE Announces Third Quarter Earnings Release Date| LAS VEGAS, Oct. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
third quarter prior to the market open on Wednesday, October 26, 2005,
followed by a conference call at 11:00 a.m. Eastern Daylight Time.
The conference call will include a brief discussion of the third quarter
followed by a question and answer period. The call will be accessible via the
Internet through www.mgmmirage.com and www.companybo... |
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| Sep.29.05 | MGM MIRAGE to Present at Deutsche Bank Global High Yield Conference| LAS VEGAS, Sept. 29 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Deutsche Bank Global
High Yield Conference in Phoenix, Arizona. A complete copy of the
presentation will be available by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM) owns and operates 24 properties located in Nevada,
Mississippi and Michigan, and has investments in four other properties in
Nevada, New Jersey, Illinois and the United Ki... |
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| Sep.23.05 | MGM MIRAGE Secures Existing Management Team to 2010| LAS VEGAS, Sept. 23 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it has entered into long-term employment contracts with
its top five senior executives until 2010.
"With the unanimous support of the Board of Directors, the Compensation
and Stock Option Committee undertook the initiative of securing the long-term
services of this senior management team," said Jim Aljian, Chairman of the
committee. "In consideration of the fact that there is a continued dema... |
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| Sep.21.05 | Innovative Partnership Between MGM MIRAGE and American Red Cross Brings Cash Relief to Mississippi Gulf Coast Neighborhoods| BILOXI, Miss., Sept 21, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- MGM MIRAGE (NYSE: MGM)
has teamed with the American Red Cross in a creative partnership to help
provide cash relief to Mississippi residents whose lives have been disrupted
by Hurricane Katrina.
MGM MIRAGE is providing supplemental employment to 125 employees of its
Beau Rivage Resort and Casino for this pilot effort to disburse relief funds
at American Red Cross service support sites in Gulf Coast neighborhoo... |
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| Sep.21.05 | MGM MIRAGE Named Among Leading Companies for Gay and Transgender Employees by The Human Rights Campaign Foundation| LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named
among the leading companies in the U.S. for gay, lesbian, bisexual and
transgender (GLBT) employees by the Human Rights Campaign (HRC), a national
advocacy organization. The recognition follows a comprehensive examination of
the company's policies and practices related to GLBT audiences.
This is the first year that MGM MIRAGE has participated in HRC's Corporate
Equality Index which rates Fortune 500 and other ... |
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| Sep.21.05 | MGM MIRAGE to Present at Banc of America Securities Conference| LAS VEGAS, Sept. 21 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Banc of America
Securities 35th Annual Investment Conference in San Francisco. A complete
copy of the presentation will be available by visiting our web site at
www.mgmmirage.com.
* * *
MGM MIRAGE (NYSE: MGM) owns and operates 24 properties located in Nevada,
Mississippi and Michigan, and has investments in four oth... |
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| Sep.16.05 | Irene Bustamante Named Among Four Finalists for United States Hispanic Chamber of Commerce Business Advocate Award| LAS VEGAS, Sept. 16 /PRNewswire-FirstCall/ -- In recognition of her
outreach efforts in support of Hispanic-owned businesses, MGM MIRAGE Director
of National Diversity Relations Irene Bustamante has been named one of four
finalists for the United States Hispanic Chamber of Commerce (USHCC) Corporate
Hispanic Business Advocate of the Year Award. The award recipient will be
announced Saturday, September 17, at the USHCC's Annual Awards Gala.
On behalf of MGM MIRAGE, Bustamante is resp... |
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| Sep.15.05 | World-Class Architects and Designers Giving Shape to Las Vegas' Future With MGM MIRAGE Project CityCenter|
From Street to Sky, Unprecedented Project Creates Urban Core on Las Vegas
Strip; Sustainable Designs, Authentic Lifestyle Enhance City's
Growth and Maturity
LAS VEGAS, Sept. 15 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
introduced its world-class team of architects and designers giving shape to
Project CityCenter and offered up first glimpses of an unprecedented
sustainable vertical city, at an approximate cost of $5 billion, tha... |
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| Sep.14.05 | Danny Gans, Las Vegas Entertainer of the Year, Donates $100,000 to the American Red Cross and a 2001 Corvette Z-06 for Raffle to Raise Money for Hurricane Survivors| LAS VEGAS, Sept. 14 /PRNewswire-FirstCall/ -- Las Vegas Entertainer of the
Year and The Mirage Hotel headliner Danny Gans who has personally donated
$100,000 to the American Red Cross to support victims of Hurricane Katrina,
felt he wanted to do more. He has now donated a 2001 Black Z-06 Corvette for
a raffle to raise money for the hurricane survivors. The raffle is being held
at The Mirage Hotel in Las Vegas where he performs five nights a week.
All proceeds from the raffle will b... |
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| Sep.12.05 | MGM MIRAGE Media Advisory Update| LAS VEGAS, Sept. 12 /PRNewswire-FirstCall/ -- The following is a summary
of current MGM MIRAGE facts related to the recovery and rebuilding after
Hurricane Katrina:
Employees and Vendors
All Beau Rivage employees remain employed and will be provided full pay
and benefits through Dec. 6, 2005. This includes all earned vacation,
including additional vacation earned during the next 90 days. The company
also will continue to provide 401K matching contributions during this period... |
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| Sep.09.05 | MGM MIRAGE Named Among 'Top 40 Companies for Hispanics' by Hispanic Business Magazine| LAS VEGAS, Sept. 9 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named as
one of the Top 40 Companies for Hispanics by Hispanic Business magazine. The
recognition follows an examination of the company's efforts to engage
Hispanics in its business operations.
According to Hispanic Business magazine, the top 400 companies on the
Fortune 500 list were invited to participate in an in-depth analysis that
examined how companies reach Hispanics in areas such as employment,
procurement, ph... |
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| Sep.08.05 | MGM MIRAGE Announces Commitment to 'Rebuild and Rebuild Quickly' in Biloxi, Mississippi|
All Employees Will Retain Benefits and Payroll for 90 Days
With Commitment to Rehire When Resort Reopens
Company Establishes Recovery Fund With $1 Million Initial Donation
Plus Dollar-For-Dollar Match of All Employee Donations
LAS VEGAS, Sept. 8 /PRNewswire-FirstCall/ -- MGM MIRAGE announced today
that plans for recovery and rebuilding its Beau Rivage Resort in Biloxi, MS
are underway. As the assessment process has begun, the compa... |
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| Sep.07.05 | MGM MIRAGE Announces Commitment to 'Rebuild and Rebuild Quickly' in Mississippi|
All Employees Will Retain Benefits and Payroll for 90 Days
With Commitment to Rehire When Resort Reopens
Company Establishes Recovery Fund With $1 Million Initial Donation
Plus Dollar-for-Dollar Match of All Employee Donations
LAS VEGAS, Sept. 7 /PRNewswire-FirstCall/ -- MGM MIRAGE announced today
that plans for recovery and rebuilding its Beau Rivage Resort in Biloxi, MS
are underway. As the assessment process has begun, the co... |
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| Aug.31.05 | Updated Statement from MGM MIRAGE Regarding Hurricane Katrina Impact on Beau Rivage Resort and Casino, Biloxi, MS| LAS VEGAS, Aug. 31 /PRNewswire/ -- The following is a statement from
Robert Baldwin, President & CEO of Mirage Resorts, updating Hurricane Katrina
Impact on Employees and Guests of Beau Rivage:
"We have spent the last 24 hours trying to re-establish communication
systems so that our employees and customers can reach us to get updated
information.
"We have established a call center in Las Vegas and have re-routed the
toll-free number for the Beau Rivage employee Hurricane Hotli... |
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| Aug.30.05 | Statement From Terry Lanni, Chairman and CEO, MGM MIRAGE (NYSE: MGM), Regarding the Impact of Hurricane Katrina on Beau Rivage Resort & Casino, Biloxi| LAS VEGAS, Aug. 30 /PRNewswire-FirstCall/ -- "The significant damage
sustained by Beau Rivage is part of a substantially larger story of
devastation in Gulfport and Biloxi. We must allow local, state and federal
authorities to do their work and ensure the safety of the overall area.
"Clearly, re-establishing basic services and a sense of normalcy
throughout the region must take precedence over concerns for this interruption
to our business. This process will, in all likelihood, tak... |
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| Aug.03.05 | Multimedia News Release - The Resort That Changed the Face of Las Vegas in 1989 Ups the Ante on the Strip With 2005/2006 Transformation|
LAS VEGAS, Aug. 2 /PRNewswire/ -- The Mirage, the hotel that introduced the concept of destination resort to the Las Vegas Strip in 1989, today announced details of a transformation intended to maintain its preeminent position in what has become an increasingly competitive tourism market. To recapture its leading-edge position, The Mirage will introduce new amenities including restaurants created by the world's most acclaimed designers and featuring menus by renowned chefs, a dynamic nightcl... |
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| Aug.01.05 | MGM MIRAGE Receives First Annual TAMACC Chairman's Award| LAS VEGAS, Aug 01, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE, a leader in
corporate diversity initiatives is one of two companies selected to receive
the first annual Chairman's Minority Procurement Award from the Texas
Association of Mexican-American Chambers of Commerce (TAMACC). The award was
presented at TAMACC's Chairman's Banquet on Saturday, July 30th in Houston.
"MGM MIRAGE has been selected for its exceptional efforts, its outstanding
'want to help' attitude, and f... |
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| Jul.28.05 | MGM MIRAGE Reports Record Second Quarter Results| Mandalay Merger Immediately Accretive, Strong Operating Trends Continue
LAS VEGAS, July 28 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today
reported its second quarter 2005 financial results. Adjusted earnings from
continuing operations per diluted share ("Adjusted EPS") increased to $0.46 in
the second quarter of 2005, the Company's highest quarterly Adjusted EPS ever,
and significantly better than the $0.37 earned in the second quarter of
2004.(1) The strong earnings reflec... |
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| Jul.08.05 | Local Businesswoman Rose McKinney-James Joins the MGM MIRAGE Board of Directors| LAS VEGAS, July 8, 2005 /PRNewswire-FirstCall via COMTEX/ -- Local business owner and
former Mandalay Resort Group board member Rose McKinney-James has joined the
MGM MIRAGE (NYSE: MGM) Board of Directors.
McKinney-James brings a tremendous depth of experience to the 17-member
Board, including her roles as a local business owner, former governmental
affairs executive and former state official.
"We are delighted to welcome Rose McKinney-James to the MGM MIRAGE Board
of Directors," ... |
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| Jun.17.05 | MGM MIRAGE Among Black Enterprise 30 Best Companies for Diversity| LAS VEGAS, June 17 /PRNewswire-FirstCall/ -- MGM MIRAGE has been named to
Black Enterprise (BE) magazine's inaugural list of the "30 Best Companies for
Diversity." The magazine recognized MGM MIRAGE for its "commitment to making
diversity a business imperative" in its operations.
MGM MIRAGE's selection follows an extensive survey conducted by BE editors
of 1,000 of America's largest publicly traded companies and 50 leading global
companies with significant U.S. operations. Companies... |
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| Jun.16.05 | MGM MIRAGE and NYRA Enter Into Agreement for VLT Facility at Aqueduct| LAS VEGAS, June 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced that it has entered into a definitive management agreement with the
New York Racing Association (NYRA), under which MGM MIRAGE will develop and
manage a 4500-unit video lottery terminal (VLT) facility at Aqueduct. The
project had been on hold pending favorable legislative and judicial
developments in New York State, which now will permit the project to move
forward. MGM MIRAGE's participation remains subject to... |
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| Jun.13.05 | Spa & Salon Bellagio Offers Just for Men Makeover Package| New Spa Package Great Gift for Father's Day or Any Day
LAS VEGAS, June 13 /PRNewswire/ -- In celebration of Father's Day, the
newly expanded Spa & Salon Bellagio is offering the Just for Men Makeover
Package. Now the important man in your life can have a custom-designed spa
experience fit for a champ, complete with a boxing fitness class taught by a
former middleweight boxer.
The $340 package includes:
Private Boxing Lesson with Steve "Rocket" Rosen - Your favori... |
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| Jun.09.05 | MGM MIRAGE Announces Second Quarter Earnings Release Date| Company Cites Strong Post-Merger Debt Reduction
LAS VEGAS, June 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced today that it will release the Company's financial results for the
second quarter prior to the market open on Thursday, July 28, 2005, followed
by a conference call at 11:00 a.m. Eastern Daylight Time.
"We look forward to announcing the results of our first period as a
combined company, as we have already made tremendous progress since combining
Mandalay... |
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| Jun.08.05 | Alex Yemenidjian Resigns From MGM MIRAGE Board to Pursue Other Opportunities| LAS VEGAS, June 8 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
announced 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. Mr. Yemenidjian, former
Chairman and Chief Executive Officer of movie studio Metro-Goldwyn-Mayer Inc.,
recently completed the sale of that company to a consortium led by Sony
Corporation of America.
Mr. Yemenidjian stated... |
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| Jun.01.05 | MGM Grand Macau Breaks Ground on 600-Room Resort Set for 2007 Debut| MACAU, June 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) -- At a
ceremony held Wednesday morning in Macau, MGM Grand Paradise, the
international partnership of Pansy Ho and MGM MIRAGE, officially launched
construction on its joint venture MGM Grand Macau, which on opening in the
second half of 2007 will take the Macau gaming industry to a new level.
Terry Lanni, Chairman of the Board and Chief Executive Officer of MGM
MIRAGE said "Our decision to invest in Macao's future came s... |
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| May.18.05 | MGM MIRAGE Management to Present at the Prudential Annual Gaming Investment Forum| LAS VEGAS, May 18, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM)
management will present today at the Prudential 2nd Annual Gaming Investment
Forum being held in New York. A complete copy of the presentation can be
obtained by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), the world's leading and most respected hotel and
gaming company, owns and operates 24 properties located in Nevada, Mississippi
and Michigan, and has investments in three othe... |
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| May.12.05 | MGM MIRAGE Management to Present at UBS Leveraged Finance Conference| LAS VEGAS, May 12, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGM)
management will present today at the UBS Leveraged Finance Conference being
held in Las Vegas, Nevada. A complete copy of the presentation can be
obtained by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGM), the world's leading and most respected hotel and
gaming company, owns and operates 24 properties located in Nevada, Mississippi
and Michigan, and has investments in three other pr... |
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| Apr.26.05 | MGM MIRAGE to Change NYSE Ticker Symbol| LAS VEGAS, April 26, 2005 /PRNewswire-FirstCall via COMTEX/ -- 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. The change will
become effective at the start of trading on Monday, May 2, 2005.
* * *
MGM MIRAGE (NYSE: MGG), the world's leading and most respected hotel and
gaming company, owns and operates 24 properties located in Nevada, Mississippi
and Michiga... |
| |
| Apr.25.05 | MGM MIRAGE Completes $7.9 Billion Acquisition of Mandalay Resort Group| LAS VEGAS, April 25 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) today
announced that it has completed its $7.9 billion acquisition of Mandalay
Resort Group (NYSE: MBG).
"This is an historic moment not just for our company, but for the
industry," said Terry Lanni, Chairman and CEO of MGM MIRAGE. "The combination
of MGM MIRAGE and Mandalay Resort Group creates the world's leading gaming,
entertainment and leisure company.
"There will be unrivaled opportunities in our dynam... |
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| Apr.22.05 | MGM MIRAGE Invited to Submit Proposal for Singapore Casino| LAS VEGAS, April 22 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) today
announced 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.
"We are very pleased with the Government of Singapore's decision to move
forward with plans to develop two integrated resorts," said Terry Lanni,
Chairman and Chief Executive Officer of MGM MIRAGE. "We, along with
CapitaLand, lo... |
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| Apr.21.05 | Illinois Gaming Board Approves the Escrow of Mandalay's Interest in the Grand Victoria| LAS VEGAS, April 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG) and
Mandalay Resort Group (NYSE: MBG) today jointly announced that the Illinois
Gaming Board approved by a 4-0 vote the transfer of Mandalay's 50% ownership
interest in the Grand Victoria riverboat casino into an escrow account.
This approval of the escrow transaction by the Illinois Gaming Board
represents the last of the regulatory approvals required in order for MGM
MIRAGE to proceed with the closi... |
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| Apr.19.05 | MGM MIRAGE Announces Grant of Macau Subconcession to Its Joint Venture With Pansy Ho Chiu-king| LAS VEGAS, April 19 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG)
announced today that its joint venture partnership with Pansy Ho Chiu-king has
been granted a subconcession which allows the partnership to develop and
operate hotel and casino resorts in Macau. The subconcession has been
approved by the government of Macau S.A.R.
The initial project, to be called MGM Grand Macau, will be located on a
prime waterfront site next to the planned Wynn Resorts facility and near the
Lis... |
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| Apr.19.05 | MGM MIRAGE Reports Record First Quarter Results| LAS VEGAS, April 19 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) today
reported its first quarter 2005 financial results. Adjusted earnings from
continuing operations per diluted share ("Adjusted EPS") increased to an
all-time record $0.87 in the first quarter of 2005, eclipsing the Company's
previous best of $0.74 earned in the second quarter of 2004; the Company
earned $0.70 in the 2004 first quarter. The strong earnings resulted from
several positive factors, including strong gami... |
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| Apr.13.05 | Michigan Gaming Control Board Approves the Transfer of Mandalay's Interest in the MotorCity Casino| LAS VEGAS, April 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) and
Mandalay Resort Group (NYSE: MBG) today jointly announced that the Michigan
Gaming Control Board has unanimously approved the transfer of Mandalay's
indirect 53.53% ownership interest in the MotorCity Casino to an affiliate of
Marian Ilitch. Mrs. Ilitch, through affiliates, currently owns a 25% interest
in the casino. The MotorCity Casino is located in Detroit, Michigan, where a
subsidiary of MGM MIRAGE owns and ope... |
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| Apr.04.05 | MGM MIRAGE Appoints Lorenzo Creighton President and Chief Operating Officer of New York-New York Hotel and Casino| LAS VEGAS, April 4, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG) today
announced that Lorenzo Creighton has been appointed President and Chief
Operating Officer (COO) of New York-New York Hotel & Casino.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050404/LAM118)
Mr. Creighton's career has been wide-ranging, having served as an
attorney, judge and gaming regulator. In addition, he has more than 10 years
of experience in casino operations.
Mr. Creighton m... |
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| Apr.04.05 | MGM MIRAGE Announces First Quarter Earnings Release Date| LAS VEGAS, April 4 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG)
announced today that it will release the Company's financial results for the
first quarter prior to the market open on Tuesday, April 19, 2005, followed by
a conference call at 11:00 a.m. Eastern Daylight Time.
The conference call will include a brief discussion of the first quarter
followed by a question and answer period. The call will be accessible via the
Internet through www.mgmmirage.com and www.companyboardro... |
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| Mar.29.05 | MGM MIRAGE Presents Four-Year Retrospective of Diversity Initiative| LAS VEGAS, March 29, 2005 /PRNewswire-FirstCall via COMTEX/ -- The gaming industry's first
company to launch a voluntary diversity initiative today presented a four-year
retrospective of its efforts during a meeting attended by more than 700
diversity partners, suppliers, contractors, company executives, elected
officials, and business and community leaders.
Alexis M. Herman, former U.S. Secretary of Labor and Chair of the MGM
MIRAGE Diversity Committee of the Board, opened the meeting... |
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| Mar.23.05 | MGM MIRAGE and Mandalay Resort Group Announce Agreement for the Sale of Mandalay's Interest in the MotorCity Casino| LAS VEGAS, March 23 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) and
Mandalay Resort Group (NYSE: MBG) today jointly announced that they have
entered into a definitive agreement with an affiliate of Marian Ilitch to sell
Mandalay's indirect 53.53% interest in the MotorCity Casino to Mrs. Ilitch's
affiliate. Mrs. Ilitch, through affiliates, currently owns a 25% interest in
the casino. The MotorCity Casino is located in Detroit, Michigan, where a
subsidiary of MGM MIRAGE owns and opera... |
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| Mar.23.05 | MGM MIRAGE and Mandalay Resort Group Announce Extension of Closing Date| LAS VEGAS, March 23 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) and
Mandalay Resort Group (NYSE: MBG) today announced that the outside closing
date of their merger has been extended to June 30, 2005 in accordance with the
terms of the Merger Agreement between the parties. The appointment last week
of additional members to the Illinois Gaming Board will enable MGM MIRAGE's
application before that agency to be acted upon after being reviewed by the
fully constituted Illinois Gaming Boa... |
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| Mar.15.05 | MGM MIRAGE Presents a Hare-Raising Display at Bellagio| Jean-Philippe Patisserie Debuts 6-Foot Tall Chocolate Bunny LAS VEGAS, March 15, 2005 /PRNewswire via COMTEX/ -- First, he created a 27-foot tall
chocolate fountain and now award-winning pastry chef Jean-Philippe Maury wows
guests again, with a 6-foot tall chocolate Easter bunny. Weighing nearly
200 pounds of pure, dark chocolate, this ultimate creation resides at
Jean-Philippe Patisserie, Bellagio's upscale pastry shop. The chocolate bunny
took four weeks to create and will be on displa... |
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| Mar.10.05 | Debra J. Nelson Joins MGM MIRAGE as New Vice President of Corporate Diversity & Community Affairs| LAS VEGAS, March 10 /PRNewswire/ -- MGM MIRAGE today announced the appointment of Debra J. Nelson as Vice President of Corporate Diversity and Community Affairs. She will be responsible for the implementation of the company's diversity initiative, as well as government relations and community affairs programs, including corporate philanthropy. The position will report to Punam Mathur, Senior Vice President of Corporate Diversity and Community Affairs and will be based in Las Vegas.
"Debra's... |
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| Mar.09.05 | MGM MIRAGE Named Fortune Magazine's 'Most Admired' Casino Resort Company| LAS VEGAS, March 9 /PRNewswire-FirstCall/ -- For the fourth year in a row,
Fortune Magazine has named MGM MIRAGE (NYSE: MGG) one of "America's Most
Admired Companies" in its annual survey of companies with large U.S.
operations.
MGM MIRAGE was rated the "Most Admired" casino resort company in the
Hotels/Casinos/Resorts category. Overall, MGM MIRAGE ranked second in the
Hotels/Casinos/Resorts category after Marriott International, a non-casino
hotel resort company.
"We are v... |
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| Mar.09.05 | MGM MIRAGE's Board of Directors Approves 2 for 1 Stock Split| LAS VEGAS, March 9 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) today
announced that its Board of Directors has authorized a 2-for-1 stock split
effected in the form of a 100% stock dividend, subject to its stockholders
approving an increase in the number of authorized shares of common stock of
MGM MIRAGE. The Company will seek stockholder approval to increase the
authorized shares at its annual meeting of stockholders to be held on
May 3, 2005.
"The stock split reflects the Bo... |
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| Feb.25.05 | Nevada Gaming Commission Approves MGM MIRAGE and Mandalay Resort Group Merger| LAS VEGAS, Feb 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG)
announced that the Nevada Gaming Commission unanimously approved the proposed
merger between MGM MIRAGE and Mandalay Resort Group yesterday.
The transaction is subject to customary closing conditions and
satisfaction of regulatory requirements in Illinois and Michigan. MGM MIRAGE
anticipates the transaction will be completed in the first quarter of 2005.
"We are very pleased with the Commission's u... |
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| Feb.17.05 | Mississippi Gaming Commission Approves MGM MIRAGE's Macau Venture| LAS VEGAS, Feb 17, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG)
announced today that the Mississippi Gaming Commission has unanimously granted
a waiver of approval with respect to the Company's application to engage in
gaming activities in Macau S.A.R. The Company intends to develop, construct
and operate, through a 50/50 joint venture with Pansy Ho, a resort hotel
casino complex in Macau. The venture is subject to further regulatory review.
Construction of the MGM Gr... |
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| Feb.16.05 | MGM MIRAGE and Mandalay Resort Group Receive FTC Clearance of Pending Acquisition| LAS VEGAS, Feb 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG) and
Mandalay Resort Group (NYSE: MBG) today jointly announced that they have been
notified by the Federal Trade Commission (FTC) that the FTC has completed its
review of the pending acquisition by MGM MIRAGE of Mandalay Resort Group and
voted unanimously that no further action is required by the FTC. The
transaction is subject to customary closing conditions and receipt of state
regulatory approvals. MGM ... |
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| Feb.16.05 | MGM MIRAGE Management to Present at Banc of America Securities 2005 Gaming Conference| LAS VEGAS, Feb. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG)
management will present today at the Banc of America Securities 2005 Gaming
Conference being held in Las Vegas, Nevada. A complete copy of the
presentation can be obtained by visiting our web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGG), headquartered in Las Vegas, Nevada, is one of the
world's leading and most respected hotel and gaming companies. The Company
owns and operates 11 casino resorts located in Nev... |
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| Feb.01.05 | MGM MIRAGE Reports Fourth Quarter and Full Year Results| Record Performances at Flagship Resorts Drive Company's Most
Profitable Year Ever
LAS VEGAS, Feb. 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG) today
reported record fourth quarter and full year financial results for 2004.
Adjusted earnings per diluted share ("Adjusted EPS") rose 42% to $0.51 in the
fourth quarter of 2004 from $0.36 in the 2003 quarter, representing the
Company's best fourth quarter performance in its history. For the full year,
the Company earned $2.52 in Adj... |
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| Jan.28.05 | Discover a Fountain of Youthful Delights With a Chocolate Cascade at Bellagio| Jean-Philippe Patisserie Introduces a First-of-Its-Kind Free-Standing Fountain
of Melted Chocolate
LAS VEGAS, Jan. 28 /PRNewswire-FirstCall/ -- From far down Bellagio's
promenade in the luxurious new Spa Tower, a mesmerizing figure entices curious
guests with visual splendor and aromatic wafts: jutting out into the main
corridor like the prow of a ship is a glass-enclosed, floor-to-ceiling
chocolate fountain emerging from Jean-Philippe Patisserie. Displ... |
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| Jan.20.05 | MGM MIRAGE to Partner With CapitaLand to Submit Proposal for Singapore Resort| LAS VEGAS, Jan 20., 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG) and
CapitaLand (SGX-ST: CAPL), one of the largest listed property companies in
Asia, 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.
This joint proposal agreement is in response to the Singapore Tourism
Board's invitation to interested parties to submit concepts (RFC) for an
In... |
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| Jan.11.05 | MGM MIRAGE Calls Its 6 7/8% Senior Collateralized Notes Due 2008| LAS VEGAS, Jan 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG) today
announced that it has called all of its outstanding 6 7/8% Senior
Collateralized Notes due February 6, 2008 ("Notes") for redemption. The Notes
are being called for redemption on February 9, 2005 ("Redemption Date"). All
$200 million principal amount of the Notes are currently outstanding.
The Notes will be redeemed at an amount equal to the present value of the
remaining scheduled interest and ... |
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| Jan.10.05 | MGM MIRAGE Management to Present at Smith Barney Citigroup Entertainment, Media & Telecommunications Conference| LAS VEGAS, Jan 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- MGM MIRAGE (NYSE: MGG)
management will present today at the 15th Annual Smith Barney Citigroup
Entertainment, Media and Telecommunication Conference being held in Phoenix,
Arizona. A complete copy of the presentation can be obtained by visiting our
web site at www.mgmmirage.com.
MGM MIRAGE (NYSE: MGG), headquartered in Las Vegas, Nevada, is one of the
world's leading and most respected hotel and gaming companies. The Compan... |
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| Jan.07.05 | MGM MIRAGE Announces Fourth Quarter Earnings Release Date| LAS VEGAS, Jan. 7 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGG)
announced today that it will release the Company's financial results for the
fourth quarter and fiscal year ended December 31, 2004 prior to the market
open on Tuesday, February 1, 2005, followed by a conference call at 11:00 a.m.
Eastern Standard Time.
The conference call will include a brief discussion of the fourth quarter
and fiscal year end results followed by a question and answer period. The
call will be acce... |
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