mgm mirage

Billionaire Kirk Kerkorian will pay more than $10 million in back child support despite the fact that his ex-wife's child isn't Kerkorian's biological daughter, the Associated Press reported.

MGM Mirage reported a loss of $96.7 million for the first quarter of 2010. Contributing to the results were anemic convention business and condominium write-downs at the new $8.5 billion CityCenter. The company's stock was also caught up in the general market slide Thursday.

With the casino business in Las Vegas taking a huge hit during the recession, companies including Las Vegas Sands (LVS), MGM Mirage (MGM) and Wynn Resorts Ltd. (WYNN) have looked east for profit -- as far as Macau, the world's biggest gambling center. On Monday, however, the Chinese city's...

There's nothing like a crisis to send people running back to the tried-and-true. That truism holds for cities: Las Vegas, in the midst of a tourism slump, is returning to its iconic tagline "What happens here, stays here." According to The Las Vegas Sun, the city is abandoning a gamble that didn't...

A long-simmering controversy over MGM Mirage's (MGM) choice of development partners is just one in a long line of setbacks that has the company teetering on the edge of losing its entire stack of chips. The latest blow was a report by the New Jersey Division of Gaming Enforcement concluding that...

The glitter of the Strip in Las Vegas is shining a little dimmer today, as the recession has raked a big stack of chips off the gaming table and left some key players struggling to pay up. Kirk Kerkorian's MGM Mirage (MGM) in particular is in danger of being taken for a long ride into the...

After days of rallying, the market decided that bank stocks had gone too far. With no first quarter earnings out, the fact is that the current quarter could still be tough. Financial shares could still reset lower. And the market reacted accordingly. The Dow fell 122.42 points, or 1.65 percent, to...

In this era of pink slips, the prospect of a new four-star hotel, retail, entertainment and residential complex in Las Vegas hiring thousands seems like a mirage in the desert. Yet, the MGM Mirage (NYSE: MGM) CityCenter complex is seeking more than 12,000 permanent employees, in addition to over...