MGM Mirage | World Casino News

Harrah’s Believes Online Gaming Could Be Beneficial

July 10, 2009

Latest Casino and Gambling News, Casino News

There was a time when American casinos supported the concept of internet gambling. Internet gambling sites actually improved business for casinos. Poker players would begin with an online experience and event...

MGM Mirage Completes Billion Dollar Stock Offering

Tina Golden

June 24, 2009

Latest Casino and Gambling News, Casino News

On May 14, the company announced that it had completed the billion dollar public stock offering which is part of its attempt to raise $2.5 billion in capital in total. The company is doing whatever it can to pa...

Casino Development Troubles in Atlantic City

Marsha Alldaffer

June 19, 2009

Latest Casino and Gambling News, Casino News

Revel Entertainment Group is one of the lucky ones whose Atlantic City project is still underway. The project includes 1800 guestrooms, 3 theaters, 160,000 square feet of meeting space, pools, cabanas, and a s...

M Resort To Open March 1

Tina Golden

February 21, 2009

Latest Casino and Gambling News, Casino News

The M Resort, soon to open in Henderson, NV, will be the furthest south of all the resorts in the Las Vegas Valley. Developer and chief executive Anthony Marnell III has grown up in the business as the son of t...

Change In Leadership of MGM Mirage

Tina Golden

December 3, 2008

Latest Casino and Gambling News, Casino News

Terry Lanni, both chairman and chief executive of MGM Mirage, announced his retirement in the middle of November to become effective at the end of the month. He cited both “family requirements” and how long he ...

First Time Slowdown in Macau Affects Las Vegas Casinos

Tina Golden

November 12, 2008

Latest Casino and Gambling News, Casino News

After surpassing Las Vegas revenues last year, Macau has reported a loss in gaming revenues for the first time. September revenues were reported to be down 3% over the same month last year. With most of the big...

MGM Mirage Cancels Jean Project

Tina Golden

September 11, 2008

Latest Casino and Gambling News, Casino News

MGM Mirage Inc. gave “current market conditions” as the reason behind dissolving their partnership with Jeanco Realty Development LLC. The original partnership was to build an affordable housing development and...

MGM Mirage Announces Non-gambling Development In China

Tina Golden

July 14, 2008

Latest Casino and Gambling News, Casino News

Many of the major gambling brands are expanding their businesses in non-gambling directions. To that end, MGM Mirage has announced that they are involved in a deal to develop and operate a luxury hotel and offi...

Edmund Ho Announces: No New Licenses in Macau

Tina Golden

June 11, 2008

Latest Casino and Gambling News, Casino News, World Casino News

At least three gambling companies were happy to hear the news as their stock market shares rose after the announcement. Las Vegas Sands, MGM Mirage and Wynn Resorts watched their share prices climb from 3.4 to ...

Weak U.S. Economy affects Casino Bottom Lines

Tina Golden

May 30, 2008

Latest Casino and Gambling News, Casino News

Gambling Industry Feels Pinch of Weak US Economy April wasn't kind to the US gambling industry this year. As the American economy continues to worsen, it is having an impact on all aspects of the entertainmen...

CityCenter to include $40 Million Art Program

Tina Golden

April 17, 2008

Latest Casino and Gambling News, Casino News

Las Vegas:In a press release on March 10, MGM Mirage revealed plans to incorporate a $40 million fine art program into the plans for their CityCenter project. Expected to open in the fall of 2009, CityCenter La...