LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM)
management will make a Company presentation today at the Global Gaming Expo
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 (NYSE: MGM), one of the world's leading and most respected
development companies with significant holdings in gaming, hospitality and
entertainment, owns and operates 17 properties located in Nevada,
Mississippi and Michigan, and has investments in three other properties in
Nevada, New Jersey and Illinois. MGM MIRAGE is the largest landholder on
the Las Vegas Strip, with significant undeveloped landholdings in both Las
Vegas and Atlantic City. The Company recently opened MGM Grand Detroit, a
major new resort; and will open another, MGM Grand Macau, before the end of
the year. Also under development is CityCenter, a multi-billion dollar
mixed-use urban development in the heart of the Las Vegas Strip. The
Company has entered into an agreement with a subsidiary of Dubai World
whereby MGM MIRAGE will contribute the CityCenter assets into a newly
formed joint venture equally owned by the parties valued at $5.4 billion.
MGM MIRAGE has signed a definitive agreement with Kerzner International
Holdings Limited and Istithmar Hotels FZE to develop a new multi-billion
dollar integrated resort property on the Las Vegas Strip. The Company has a
separate definitive agreement with the Diaoyutai State Guesthouse in
Beijing forming a strategic relationship to pursue non-gaming business
opportunities in the People's Republic of China. MGM MIRAGE supports
responsible gaming and has implemented the American Gaming Association's
Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has
received numerous awards and recognitions for its industry-leading
Diversity Initiative and its community philanthropy programs. For more
information about MGM MIRAGE, please visit the company's website at
http://www.mgmmirage.com.
Statements in this release which are not historical facts are "forward
looking" statements and "safe harbor statements" under the Private
Securities Litigation Reform Act of 1995 that involve risks and/or
uncertainties, including risks and/or uncertainties as described in the
company's public filings with the Securities and Exchange Commission.
SOURCE MGM MIRAGE
 back to top
Related links:
http://www.mgmmirage.com/
CONTACT:
investment, Daniel J. D'Arrigo Executive Vice
President & Chief Financial Officer, +1-702-693-8895, or media,
Alan M. Feldman, Senior Vice President of Public Affairs,
+1-702-891-7147, both of MGM MIRAGE
|
