MGM Mirage Casino News

MGM Mirage is a publicly traded company that owns and operates casinos across the United States, including in Las Vegas, Nevada and Mississippi. They run CityCentre on the Las Vegas strip and have one of the best reputations for providing quality service in the casino gaming industry.

MGM has plans to develop casino and non-casino resorts in major cities across the world including The People's Republic of China, Abu Dhabi, U.A.E. and Vietnam. Their stock is constantly up and down, which makes them a favorite amongst day traders. Stay tuned to this page of the Online Casino Advisory for the latest news about the MGM Mirage company.

MGM Grand Detroit Casino Off Market for Now
Published on September 10, 2009 by A.J. Maldonado

Officials at MGM Mirage confirm that the company's MGM Grand Detroit Casino is no longer on the selling block....

Harrah's Casinos Featuring New Private Offering
Published on September 8, 2009 by A.J. Maldonado

Harrah's Entertainment, the operator of casinos and gambling venues around the world, is putting forth a new private offering which the company hopes will cover a payment on a maturing loan due just over a year away....

Gaming Operators Line Up to Bid for Control of Aqueduct Gambling
Published on August 31, 2009 by Ed Bradley

The bidding to operate a casino at Aqueduct Race Track in New York includes some of the biggest names in gambling management in the US....

Online Casino Game Developer Buys MGM Movie Rights
Published on August 21, 2009 by Preston Lewis

Freemantle Media finalized a deal with MGM movie studios to get exclusive licensing rights to MGM movies for online casino game themes, including "A Fistful of Dollars" and "Robocop"....

MGM Mirage Faces Choice Over Macau Casinos and US Gambling Venue
Published on August 2, 2009 by Julie Wong

Atlantic City gambling regulators may force MGM Mirage to choose between its partnership in its Macau casino and the one it has in Jersey's Borgata casino....

CityCenter Still Causing Headaches for Casino Operator MGM
Published on July 8, 2009 by A.J. Maldonado

MGM Mirage faces hundreds of customers who placed deposits on condos located in the mammoth CityCenter casino and resort who wish to change their deals now that the real estate market has tanked....

Credit Channels Unlocking for Gaming Operators
Published on May 28, 2009 by K.C. Carmichael

Analysts say a combination of liens against casino assets and the beginning of looser credit markets have helped generate new cash sources for tapped gaming companies....

Regulators Instruct MGM Mirage to Drop Macau Casino Partner
Published on May 20, 2009 by Matt Miller

New Jersey gambling regulators found MGM Mirage's Macau casino partner, Pansy Ho, unsuitable and ordered the gaming company to end association with her....

MGM Mirage Looks to Re-Enter New York Casino Race
Published on May 14, 2009 by Virginia Maddox

After a two-year absence from the bidding process, MGM Mirage has returned to the race to operate a casino at Aqueduct Racetrack in New York City....

Las Vegas Casino Ownership May Shuffle
Published on May 10, 2009 by Preston Lewis

After years of consolidation, Las Vegas casino operators may be forced by the recession to sell off Strip gaming resorts to new owners....

MGM Mirage Casino Completion Deal Forces Trading Halt
Published on April 30, 2009 by Virginia Maddox

MGM Mirage announced it had reached a deal with Dubai World and lenders to finish the CityCenter casino and gambling complex....

Online Casino Sued For Trademark Infringement by Station Casinos
Published on April 21, 2009 by Preston Lewis

Station Casinos is suing an online gambling operator for using its trademarks in domain names, hoping to lure patrons seeking Station websites....

MGM Mirage Casino Project Forced to Brink by Dubai World
Published on March 27, 2009 by Preston Lewis

MGM Mirage's partnership with Dubai World is in trouble, and the result may be bankruptcy for the CityCenter casino gambling complex in Las Vegas....

US to Nationalize Las Vegas Casino Gambling?
Published on February 21, 2009 by Virginia Maddox

Now that nationalization of banks is being openly discussed, some experts say the same process could save the casino gambling industry, while helping create US revenue....

Downtown Las Vegas Gambling on New Look
Published on February 10, 2009 by K.C. Carmichael

While his city burns, Las Vegas mayor Oscar Goodman fiddles for more casino, gambling, and resort expansion....

MGM Mirage Aggressively Attacks Financial Malaise
Published on January 11, 2009 by A.J. Maldonado

After inheriting a company ridden with debt and weighed down by expansion projects, new MGM Mirage CEO James Murren has moved swiftly to reposition the casino operator....

Casino Stocks Jump For No Apparent Reason
Published on January 5, 2009 by Joshua McCarthy

While the overall market saw small rises and declines, the casino industry had a boom today reminiscent of better times....

MGM Mirage Owner Must Deal With Creditors After Ford Sell-Off
Published on December 29, 2008 by K.C. Carmichael

The owner of controlling interest in MGM Mirage sold off a billion dollars in Ford Motor stock at dimes on the dollar, and some analysts question the effect the Ford mess will have on MGM Mirage business....

MGM Mirage Dumping Assets to Stay Afloat
Published on December 15, 2008 by A.J. Maldonado

MGM Mirage sold one of its Las Vegas Strip casinos, Treasure Island, to the former owner of the New Frontier....

MGM Mirage Sends Mixed Signals Over Future
Published on December 10, 2008 by Tom Weston

The new international gaming division created within the international hotels department of MGM Mirage makes analysts wonder whether the company is once again committed to gambling as its future primary revenue source....

MGM Mirage Faces Tough Sledding Despite Dubai Investment
Published on November 21, 2008 by Virginia Maddox

Dubai World was granted an ok by Nevada regulators to increase its investment in MGM Mirage, but more conditions must be met before the casino gambling operator receives the cash relief it needs....

Casino Suppliers Deal With the End of Land Gambling Expansion
Published on November 20, 2008 by Ed Bradley

Financial concerns have caused the cancellation of most new casino construction in Las Vegas and Atlantic City, leaving companies that sell slots and other equipment to gambling venues to adapt to new business conditions....

MGM Mirage Among Casino Stocks Leading Market Surge
Published on October 29, 2008 by Matt Miller

A general stock jump today across the market was especially powerful in the gambling sector, aided by positive news from MGM Mirage and Las Vegas Sands....

MGM Mirage Owner Kerkorian Loses Gamble on Ford Motor
Published on October 22, 2008 by Preston Lewis

Kirk Kerkorian used his holdings in casino giant MGM Mirage to acquire Ford stock, but now both companies are taking a beating....

MGM Mirage Renegotiates Debt as Means to Further Borrowing
Published on October 6, 2008 by Joshua McCarthy

Gambling and hotel operator MGM Mirage made arrangements to change terms on an existing $7 billion loan, freeing the company to continue borrowing against its CityCenter project on the Las Vegas Strip....

Macau Casino Changes Reverberate to Las Vegas
Published on October 4, 2008 by Preston Lewis

Las Vegas casino giants saw their stock values tumble as their Macau fallback position no longer looks as promising as it did weeks ago....

MGM Mirage Stock Biggest Decline of Major Casino Operators
Published on September 29, 2008 by Ed Bradley

Gambling industry stocks mirrored the general market with a major drop in value Monday, led by the poorly capitalized MGM Mirage brand. ...

Vegas Casino Take Continues Slide, Bradley Theory Holding True
Published on September 11, 2008 by Tom Weston

Gambling revenue in Las Vegas dropped again, making July the seventh consecutive month in decline and showing Sherman Bradley to be prescient. ...

MGM Mirage Has Dubai Looking to Increase Ownership
Published on August 23, 2008 by Matt Miller

Dubai World is gambling on the future of MGM Mirage, arranging to buy up to a fifth of the giant casino operator....

MGM Mirage Detroit Casino Goes Upward Against Revenue Trends
Published on August 12, 2008 by Matt Miller

MGM Mirage's Grand Casino in Detroit has dominated the local gaming industry, showing the best revenue report by far....

MGM Mirage, Hilton Hotels in Talks to Acquire Cosmopolitan Casino
Published on August 9, 2008 by Matt Miller

After reluctantly foreclosing on the troubled Cosmopolitan casino project, Deutsche Bank is looking for buyers, and either MGM Mirage or Hilton Hotels may be interested at the right price....

Casino Regulators Examine Ties Between MGM Mirage and Hos
Published on July 26, 2008 by Preston Lewis

New Jersey gaming officials are continuing a three-year investigation into Pansy Ho before approving a partnership between her and MGM Mirage....

Macau Casino Billionaire Stanley Ho Takes Company Public
Published on June 25, 2008 by Julie Wong

Stanley Ho, who has run a monopoly on casino gambling in Macau for decades, has decided to take his company public this week in order to compete with new foreign-owned casinos....

Kansas Advances All Ten Casino License Applications
Published on May 27, 2008 by Joshua McCarthy

The Kansas Lottery Commission found all ten proposals for three casino licenses to be satisfactory, sending them on to the next stage....

MGM Mirage Considers Dividing Hotels, Casinos into Two Companies
Published on May 6, 2008 by Joshua McCarthy

CEO Terry Lanni announced that MGM Mirage is thinking of splitting its assets into two separate companies, one for hotels and the other casinos....

MGM Mirage Owner Buys Ford Motor Ownership Stake
Published on April 28, 2008 by Tom Weston

Bllionaire Kirk Kerkorian bought back into the auto industry by making a bid for almost six percent of Ford Motor, adding it into the company that controls MGM Mirage, Tracinda....

MGM Mirage CEO Lanni E-Mails Workers to Reject Tax Plan
Published on April 24, 2008 by Tom Weston

The head of MGM Mirage appealed to employees to not sign a petition which would raise Nevada's casino taxes....

MGM Mirage Dismisses 440 Managers in Unwise Accounting Move
Published on April 15, 2008 by Joshua McCarthy

While continuing to invest in new multibillion dollar properties, MGM Mirage found it convenient to layoff 44o management-level jobs to cut costs....

MGM Mirage Stock Drops After Analysts Lower Expectations
Published on March 26, 2008 by Tom Weston

Bad luck and poor timing resulted in lower earnings for MGM Mirage in the first quarter....

Monte Carlo Fire Deemed Accidental
Published on March 26, 2008 by Ed Bradley

The official inquiry into the fire at the Monte Carlo Casino is over, and no negligence was cited....

Gaming Stocks Show Upward Trend Tuesday
Published on March 11, 2008 by Matt Miller

After several shaky months, gaming stocks might be moving back into "buy" territory....

Economy Worries Atlantic City Casino Planners
Published on March 2, 2008 by Tom Weston

Trying to recover from the jabs of interstate competition, Atlantic City casinos are wary of an economic knockout punch....

Boyd Gaming Corporation Reveals Decline in Fourth Quarter Income
Published on February 28, 2008 by Joshua McCarthy

Even though Boyd Gaming had a drop in earnings the past quarter, there are plenty of reasons to expect good things from this stock....

MGM Mirage Rides Casinos, New Investors to Record Profits
Published on February 21, 2008 by Joshua McCarthy

MGM Mirage has taken its old businesses, casinos and gambling, and combined them with a broader hospitality strategy to bring in new partners and quadruple fourth-quarter income....

MGM President Foresees Casino Difficulties Due to Economy
Published on February 11, 2008 by Joshua McCarthy

The slowing economy threatens to affect the rapid growth recently experienced in the casino industry....

County Building Inspector Weighs in on Monte Carlo Casino Damage
Published on January 26, 2008 by A.J. Maldonado

The building fire has come and gone at the Monte Carlo Hotel Casino and now the resort begins to pick up the pieces from the unfortunate circumstances....

MGM Mirage Comes Up Big in Forbes Platinum 400 List
Published on January 8, 2008 by A.J. Maldonado

MGM Mirage is widely regarded as one of the top casino operators in the country, now Forbes is crediting the company with being one of the best in the World....

MGM Mirage Has A Believer in Dubai Government
Published on December 28, 2007 by A.J. Maldonado

MGM Mirage has impressed Dubai World so much that the company has announced on Friday it is buying more shares of the Las Vegas based casino operator....

MGM Grand Secures Funding For Stage Two of Macau Casino Project
Published on December 13, 2007 by A.J. Maldonado

MGM Grand does not yet know what will be involved with phase two of their Macau project, but they do have funding secured....

Global Gaming Expo Brings Hope For Legalized Casino Gambling
Published on November 19, 2007 by Preston Lewis

A panel discussion at the Global Gaming Expo in Las Vegas featured optimism about the eventual legalization of online casino gambling....