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 hotel specials to show tickets [...]

MGM MIRAGE 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 [...]

MGM MIRAGE and Asian Coast Development Ltd. (ACDL) 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 resort property upon completion.
MGM Grand Ho Tram will anchor [...]

MGM MIRAGE 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 one of the world’s leading and most respected development companies with [...]

MGM MIRAGE 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 [...]

MGM MIRAGE 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 million, or $0.07 per diluted share, related to the 36-hole Primm [...]

Unions representing about 1,200 workers at the Stratosphere hotel-casino reached a tentative labor contract with management over the weekend and plan to hold a vote on the deal Saturday.
The agreement involving Culinary Workers Union Local 226 and Bartenders Union Local 165 is the latest in a series of contract agreements reached with Las Vegas Strip [...]

Disgraced former Providence mayor Vincent “Buddy” Cianci , long known for his panache and flamboyance, plans to make his return to public life in similar fashion: When he gets out of federal prison next week, a front office job at the ultra swank Fifteen Beacon hotel awaits.
Billionaire Kirk Kerkorian already owns a controlling 56 percent [...]

LAS VEGAS-For an aggregate price of $600 million, MGM Mirage has sold 90% of the units in Mandarin Oriental Las Vegas, one of several condominium towers that are planned for its multibillion CityCenter development on the Las Vegas Strip. MGM Mirage began converting reservations for the Mandarin Oriental into hard contracts 14 days ago.
CityCenter began [...]

U.S. hoteliers and casino operators have set their sights on expanding overseas, particularly in Asia, but opinions differ on which sectors present the least economic and political risk.
Hilton Hotels Corp. is targeting India and China as it reaches further outside the United States, following the acquisition last year of its international namesake.
“The international business is [...]

LAS VEGAS Gambling giant M-G-M Mirage says its fourth-quarter profit more than doubled on a fully operational Beau Rivage casino, profits from condominium sales and Hurricane Katrina insurance recoveries.
Net income jumped to 201.6 (M) million dollars — or 69 cents per share.
That compares with 97.8 (M) million dollars or 33 cents per share during the [...]

Sir Richard Branson’s Virgin Group is close to securing a 20-hectare site in Macau to build a $3 billion casino complex which could add to the city’s rise as the world’s gambling capital, a newspaper reported.
The flamboyant British entrepreneur whose business empire ranges from airlines to music and mobile phones, is close to acquiring the [...]