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 [...]
Pinnacle Entertainment management will present at the following upcoming investor conferences: the Gaming Investment Forum (held in conjunction with the Global Gaming Expo) on November 18 in Las Vegas, NV; and the Bank of America 2008 Credit Conference on November 20 in Orlando, FL. A copy of each presentation will be accessible at the [...]
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 [...]
Students seek stories about National Road
Students at Ball State University are searching for stories from people who live and travel along the National Road to include in a TV documentary about the highway.
The man building the Ocean Club condominium on Highway 90 sees nothing wrong with a casino linked to his condo towers. Drake Leddy met with Brad Kessie Friday afternoon and responded to a story Brad aired Monday. That story reported that Ocean Club was in the process of gaining approval for its own onsite casino, [...]
Diamondhead Casino Corporation issued a status report for its shareholders. The Company owns, through Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company, approximately 404 acres of land in Diamondhead, Mississippi. The property is debt-free and lien-free. The property fronts Interstate 10 for approximately two miles and the Bay of St. Louis for approximately [...]
SEATTLE — Citing changing times and demands by office tenants, the latest owner of the Smith Tower has proposed converting the pyramid-topped downtown landmark into condominiums.
The first documents for the complex process were filed Wednesday with the city’s Department of Planning and Development by Walton Street Capital of Chicago, which last year became the 20th [...]
SEATTLE - Citing changing times and demands by office tenants, the latest owner of the Smith Tower has proposed converting the pyramid-topped downtown landmark into condominiums.
The first documents for the complex process were filed Wednesday with the city’s Department of Planning and Development by Walton Street Capital of Chicago, which last year became the 20th [...]
The newest multibillion-dollar wave of construction on the northern Gulf Coast is along the piney banks of a manmade ditch, protected from the twin threats of storms and high land prices.
With beachfront acreage in ever-shrinking supply and much of the coast still recovering from hurricanes Ivan and Katrina, developers are putting up luxury condominium towers, [...]
