17 April 2009
MGM Mirage paid $70 million to ensure that construction continues at its CityCenter development in Las Vegas.
MGM Mirage said Friday it provided $70 million to cover current construction costs for its CityCenter complex in Las Vegas. The company received an amendment to its credit facility to free up the money on Monday. The payment includes $35 million that s...
12 April 2009
MGM Mirage staves off bankruptcy wins CityCentre Waiver From Lenders
MGM Mirage won a waiver from lenders to pay about $70 million on its CityCenter project without partner Dubai World, staving off for now a possible bankruptcy filing by the development, allowing construction to continue on the Las Vegas Strip developme...
10 April 2009
Collapse of talks: Colony Quits MGM Mirage Deal
As the recession takes a toll on gambling getaways, Colony Capital LLC has ended its talks with MGM Mirage, which owns properties from Las Vegas to Detroit to Macau, over a potential investment. Recently, the WSJ reported that MGM Mirage is in talks wi...
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