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MGM Mirage opens flagship casinoWith fireworks and fanfare, MGM Mirage late Wednesday opened Aria, the flagship casino-hotel of its $8.5 billion CityCenter development, adding thousands of high-end rooms to the hotel glut on the Las Vegas Strip. MGM and partner Dubai Wor More… |
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MGM Mirage, Dubai reach deal on CityCenterMGM Mirage and Dubai World have agreed to a set of terms that would ensure the completion of CityCenter, their jointly owned project on the Las Vegas Strip, said a Wall Street Journal report. Officials at MGM and Dubai World did not i More… |
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MGM Mirage gets $2.3bn from Chinese bankMGM Mirage has received $2.3 billion funding for its huge CityCentre project on the Las Vegas Strip, a report said. The China Construction Bank has committed $300 million to the entertainment major. Earlier, three banks had committed More… |
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Dubai World gets nod to boost MGM stakeDubai world has received permission from New Jersey Casino Control Commission to boost its stake in MGM Mirage, the largest casino operator, to 20 per cent, said a news report. Dubai World is the second-biggest shareholder and currently&nb More… |
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Dubai World to boost MGM sharesMGM Mirage and Dubai World plan to spend up to $800 million to jointly buy MGM shares in the latest move to increase Dubai's stake in the casino company. MGM and Dubai World plan to make a cash tender offer for 10 million shares at be More… |
MGM Mirage plans Abu Dhabi hotelMGM Mirage, a US leisure company, plans to build a $3 billion hotel and entertainment complex in Abu Dhabi, a report said. The hotel will be built in collaboration with the Abu Dhabi government, the published report said. MGM Grand More… |
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Dubai to buy MGM Mirage stake in $5bn dealDubai World, the investment holding firm of the Dubai government, will acquire a 9.5 percent stake in MGM Mirage and 50 percent of the casino operator's CityCenter development project for $5 billion, a source familiar with the situation said on We More… |
