Gambling venues owned or managed by MGM Resorts International:
MGM Resorts International has announced that it will soon begin charging for parking on the Las Vegas Strip The MGM also announced that it would construct a a $54-million, 3,000-space parking structure near the northwest corner of the Excalibur Hotel campus that will serve to absorb further visitor growth and enhance the experience of attendees of events at nearby resorts and entertainment venues....read the rest
Developers of MGM Grand, an exclusive resort casino in Las Vegas, said Friday they have reached an agreement with Peterson Cos., developer of National Harbor in Prince George's County, to spend $600 million building a world-class casino.
Peterson Cos. and other members of the venture will spend an additional $200 million on the National Harbor project, MGM Resorts International Chairman and CEO Jim Murren said. The project, which still needs legislative and voter approval, will have about 4,000 slot machines and 250 Las Vegas-style table games. It will also include a hotel, shops, restaurants and entertainment options....read the rest
MGM Mirage executives are optimistic that CityCenter, an $8.5 billion resort complex that has increased hotel room volume at a time of depressed demand, will soon turn a profit.
That would be a tall order if the company were simply relying on budget-conscious tourists returning to Las Vegas more frequently and spending more while they're here. Plenty of anecdotal evidence indicates that won't happen in the near future.
That's why MGM executives are counting on conventioneers. They say they have booked many more groups and room blocks for conventioneers in recent months....read the rest
Las Vegas casino company MGM Mirage plans to change its corporate name to MGM Resorts International, the company disclosed in a filing Tuesday.
"This name better reflects the fact that we are a family of hotels," spokesman Alan Feldman said.
Mr. Feldman said some people misinterpreted MGM Mirage name to mean the company owned just two hotels--MGM Grand and Mirage....read the rest
Monday will be a brighter day for some of Nevada's unemployed.
CityCenter will begin extending employment offers to roughly 12,000 employees Monday in preparation for a December opening. The first new employees are expected to gather at CityCenter's employment center to receive and celebrate their official offers.
The day will mark the first time offers have been made to non-MGM Mirage employees in the CityCenter hiring process. Most internal MGM Mirage job offers already have been discussed with current employees to accommodate the new property, a CityCenter spokesperson said Friday....read the rest