Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Mgm Mirage shopping experience:
1. Compare - without doubt the biggest advantage that the Mgm Mirage offers shoppers today is the ability to compare thousands of Mgm Mirage at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.
2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about
3. Testimonials - don't know anybody that has bought a Mgm Mirage? Wrong! If the Mgm Mirage is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.
4. Questions - Got a question about Mgm Mirage then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....
5. Reputation - Never heard of the company selling Mgm Mirage? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Mgm Mirage and build up a picture of their reputation for sales, returns, customer service, delivery etc.
6. Returns - still worried that even after all of the above your Mgm Mirage wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.
7. Feedback - happy with your Mgm Mirage then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.
8. Security - check for the yellow padlock on the Mgm Mirage site before you buy, and the s after http:/ /i.e. https:// = a secure site
9. Contact - got a question about Mgm Mirage, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.
10. Payment - ready to pay for your Mgm Mirage, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.
{{Infobox_Company | company_name = MGM Mirage
company_logo = |
company_type = [Public company ({{NYSE|MGM-->) |
company_slogan = |
foundation = 2000|
location = [Las Vegas, Nevada|
key_people = [Terrence Lanni (CEO) |
[James Murren (CFO) |
num_employees = over 70,000 |
industry = Casinos and hotels|
revenue = $7.4 billion USD|
products = Hotels|
homepage = http://www.mgmmirage.com/ www.mgmmirage.com|
-->
MGM Mirage () is a Las Vegas, Nevada, Nevada-based business engaged in the development, ownership and operation of hotels and casinos throughout the world. The company began operations on
May 31,
2000 after the completion of a merger of
MGM Grand Inc. and Mirage Resorts It is currently the second largest gaming company in the world.
Billionaire Kirk Kerkorian and his
Tracinda Corporation are currently the majority owners of MGM Mirage. Kerkorian was also the former owner of the Metro-Goldwyn-Mayer movie studio, from which the predecessor corporation MGM Grand, Inc. derived its name.
As of 2005, the company owns 831 acres (3.4 km²) of property on the
Las Vegas Strip. Its yearly revenue is around $7.4 billion USD.The company also owns the recently completed hot spot MGM Grand Detroit , in downtown Detroit, Michigan.
History
The company began operations on
May 31,
2000 after the completion of a US$6.4 billion merger, the largest ever in the industry. At ther alskdjfthe time of the merger, MGM Mirage was the largest gambling company in the world (although it was subsequently succeeded by Harrah's Entertainment). Before the merger, MGM Grand had been in operation since the 1960s and
Mirage Resorts (formerly Golden Nugget Companies) had been in operation since the 1970s.
On January 26,
2004, MGM Mirage completed the sale of its two Golden Nugget casinos -- the Golden Nugget Las Vegas and the
Golden Nugget Laughlin. The former, in downtown Las Vegas, was the first casino owned by Steve Wynn (developer), and was the foundation on which he built the MGM Mirage predecessor corporation Mirage Resorts. The Golden Nugget properties were purchased by the Las Vegas-based private investment firm
Golden Nugget, Inc. for approximately $215 million.
On June 4,
2004, MGM Mirage announced a bid to acquire one of its major competitors, Mandalay Resort Group, for $68 per share plus assumption of debt. The ensuing negotiations between the two companies included at one point an announcement that the Mandalay board was rejecting the offer because of antitrust concerns. On
June 15, 2004, however, both companies' boards approved a revised offer of $71 per share. The agreement calls for MGM Mirage to pay $4.8 billion and to assume $2.5 billion in debt. The transaction was completed on April 26,
2005 for $7.9 billion.
On
June 23,
2004 MGM Mirage completed its $140 million sale of the
MGM Grand Darwin to SKYCITY Entertainment Group.
Announced on
November 10,
2004,
Project City Center on the Las Vegas Strip, is a 76 acre (600,000 m²), $7 billion, project on the site of the Boardwalk Hotel and Casino and adjoining land is planned as a multi use project. It will consist of hotel, casino, condo, retail and other uses. The first elements of this project are expected to be available in 2009.
On
May 31,
2005 MGM Mirage started construction on the MGM Grand Macau.
On
April 25,
2006, MGM Mirage announced with
Foxwoods a joint partnership in developing an expansion plan at Foxwoods that will include a casino using the MGM Grand brand.
On
October 16, 2006, MGM Mirage announced that it planned to sell the Colorado Belle Hotel & Casino and Edgewater Hotel and Casino to a partnership of
Anthony Marnell III and
Sher Gaming. The sale price was $200 million. The sale closed on
June 1, 2007.
On October 31, 2006, MGM Mirage announced plans to sell
Primadonna Resorts to Herbst Gaming for $400 million. The proposed sale would not include the
Primm Valley Golf Club. The sale closed on April 10,
2007.
On April 19,
2007 the company announced that it planned to purchase a 7.6 acre site from
Concord Wilshire Partners for $130 million and a 25.8 acre site from Gordon Gaming for $444 million. The two parcels give the company complete control of the southwest corner of the Sahara and Las Vegas Boulevard intersection. When combined with underused parts of the Circus Circus Las Vegas site, the company will have a 68 acre site for future development. The Concord site had been the proposed location for the
Maxim Casino.
On
August 22,
2007,
Dubai World said it will buy a 9.5 percent stake in MGM for about $2.4 billion. It will also invest about $2.7 billion to acquire a 50 percent stake in
Project City Center, a $7.4 billion, 76-acre Las Vegas development of hotels, condos and retail outlets due to open in 2009. Dubai World will pay MGM Mirage an additional $100 million if the project opens on time and on budget. The investment firm will buy 14.2 million shares from MGM Mirage at $84 each, a premium of about 13 percent over Tuesday's closing price. The firm will also issue a public tender for an additional 14.2 million shares at the same price. The public tender is due to begin during the week of Aug. 27.
MGM Mirage properties
All properties are wholly owned by MGM Mirage except where indicated.
Las Vegas, Nevada
with the MGM Grand Las Vegas in the background.
Elsewhere in Nevada
- Circus Circus Reno, Reno, Nevada
- Silver Legacy Resort Casino, Reno, Nevada (51% owner in partnership with Eldorado Hotel Casino)
- Railroad Pass Hotel and Casino, Henderson, Nevada
- Nevada Landing Hotel and Casino, Jean, Nevada (Closed March 20, 2007)
- Gold Strike Hotel and Gambling Hall, Jean, Nevada
- Primm Valley Golf Club (Actually just over the state line in California)
- Shadow Creek Golf Course, North Las Vegas, Nevada
Other properties
- Gold Strike Resort and Casino, Tunica, Mississippi
- Grand Victoria, Elgin, Illinois
- MGM Grand Detroit, Detroit Michigan (50% owner in partnership with Partners Detroit, L.L.C.)
- Beau Rivage Hotel and Casino, Biloxi, Mississippi
- MGM Grand Atlantic City - newly annouced casino to be built between Borgata and Harrahs
- Borgata, Atlantic City New Jersey (50% owner through Marina District Development Corporation, LLC)
- MGM Grand Macau, Macau, China (joint project with Pansy Ho Chio-king, opening 2007)
- MGM Grand branded casino - joint venture with the Foxwoods Resort and Casino at Foxwoods
Subsidiaries
References
External links
- Official site
- Philanthropy Program
- Yahoo! - MGM Mirage company profile
- History of MGM Mirage
{{Infobox_Company | company_name = MGM Mirage
company_logo = |
company_type = [Public company ({{NYSE|MGM-->) |
company_slogan = |
foundation = 2000|
location = [Las Vegas, Nevada|
key_people = [Terrence Lanni (CEO) |
[James Murren (CFO) |
num_employees = over 70,000 |
industry = Casinos and hotels|
revenue = $7.4 billion USD|
products = Hotels|
homepage =
http://www.mgmmirage.com/ www.mgmmirage.com|
-->
MGM Mirage () is a Las Vegas, Nevada, Nevada-based business engaged in the development, ownership and operation of hotels and casinos throughout the world. The company began operations on May 31, 2000 after the completion of a merger of MGM Grand Inc. and
Mirage Resorts It is currently the second largest gaming company in the world. Billionaire
Kirk Kerkorian and his
Tracinda Corporation are currently the majority owners of MGM Mirage. Kerkorian was also the former owner of the Metro-Goldwyn-Mayer movie studio, from which the predecessor corporation MGM Grand, Inc. derived its name.
As of
2005, the company owns 831 acres (3.4 km²) of property on the Las Vegas Strip. Its yearly revenue is around $7.4 billion USD.The company also owns the recently completed hot spot
MGM Grand Detroit , in downtown
Detroit,
Michigan.
History
The company began operations on
May 31,
2000 after the completion of a US$6.4 billion merger, the largest ever in the industry. At ther alskdjfthe time of the merger, MGM Mirage was the largest gambling company in the world (although it was subsequently succeeded by
Harrah's Entertainment). Before the merger, MGM Grand had been in operation since the 1960s and
Mirage Resorts (formerly
Golden Nugget Companies) had been in operation since the 1970s.
On January 26,
2004, MGM Mirage completed the sale of its two Golden Nugget casinos -- the Golden Nugget Las Vegas and the
Golden Nugget Laughlin. The former, in downtown Las Vegas, was the first casino owned by
Steve Wynn (developer), and was the foundation on which he built the MGM Mirage predecessor corporation Mirage Resorts. The Golden Nugget properties were purchased by the Las Vegas-based private investment firm
Golden Nugget, Inc. for approximately $215 million.
On June 4, 2004, MGM Mirage announced a bid to acquire one of its major competitors, Mandalay Resort Group, for $68 per share plus assumption of debt. The ensuing negotiations between the two companies included at one point an announcement that the Mandalay board was rejecting the offer because of antitrust concerns. On June 15,
2004, however, both companies' boards approved a revised offer of $71 per share. The agreement calls for MGM Mirage to pay $4.8 billion and to assume $2.5 billion in debt. The transaction was completed on
April 26,
2005 for $7.9 billion.
On
June 23,
2004 MGM Mirage completed its $140 million sale of the MGM Grand Darwin to
SKYCITY Entertainment Group.
Announced on
November 10, 2004,
Project City Center on the
Las Vegas Strip, is a 76 acre (600,000 m²), $7 billion, project on the site of the Boardwalk Hotel and Casino and adjoining land is planned as a multi use project. It will consist of hotel, casino, condo, retail and other uses. The first elements of this project are expected to be available in 2009.
On
May 31, 2005 MGM Mirage started construction on the
MGM Grand Macau.
On April 25,
2006, MGM Mirage announced with Foxwoods a joint partnership in developing an expansion plan at Foxwoods that will include a casino using the MGM Grand brand.
On October 16,
2006, MGM Mirage announced that it planned to sell the Colorado Belle Hotel & Casino and
Edgewater Hotel and Casino to a partnership of
Anthony Marnell III and Sher Gaming. The sale price was $200 million. The sale closed on June 1, 2007.
On
October 31,
2006, MGM Mirage announced plans to sell Primadonna Resorts to Herbst Gaming for $400 million. The proposed sale would not include the
Primm Valley Golf Club. The sale closed on April 10, 2007.
On April 19,
2007 the company announced that it planned to purchase a 7.6 acre site from Concord Wilshire Partners for $130 million and a 25.8 acre site from Gordon Gaming for $444 million. The two parcels give the company complete control of the southwest corner of the Sahara and Las Vegas Boulevard intersection. When combined with underused parts of the
Circus Circus Las Vegas site, the company will have a 68 acre site for future development. The Concord site had been the proposed location for the
Maxim Casino.
On
August 22, 2007,
Dubai World said it will buy a 9.5 percent stake in MGM for about $2.4 billion. It will also invest about $2.7 billion to acquire a 50 percent stake in Project City Center, a $7.4 billion, 76-acre Las Vegas development of hotels, condos and retail outlets due to open in 2009. Dubai World will pay MGM Mirage an additional $100 million if the project opens on time and on budget. The investment firm will buy 14.2 million shares from MGM Mirage at $84 each, a premium of about 13 percent over Tuesday's closing price. The firm will also issue a public tender for an additional 14.2 million shares at the same price. The public tender is due to begin during the week of Aug. 27.
MGM Mirage properties
All properties are wholly owned by MGM Mirage except where indicated.
Las Vegas, Nevada
with the
MGM Grand Las Vegas in the background.
Elsewhere in Nevada
- Circus Circus Reno, Reno, Nevada
- Silver Legacy Resort Casino, Reno, Nevada (51% owner in partnership with Eldorado Hotel Casino)
- Railroad Pass Hotel and Casino, Henderson, Nevada
- Nevada Landing Hotel and Casino, Jean, Nevada (Closed March 20, 2007)
- Gold Strike Hotel and Gambling Hall, Jean, Nevada
- Primm Valley Golf Club (Actually just over the state line in California)
- Shadow Creek Golf Course, North Las Vegas, Nevada
Other properties
- Gold Strike Resort and Casino, Tunica, Mississippi
- Grand Victoria, Elgin, Illinois
- MGM Grand Detroit, Detroit Michigan (50% owner in partnership with Partners Detroit, L.L.C.)
- Beau Rivage Hotel and Casino, Biloxi, Mississippi
- MGM Grand Atlantic City - newly annouced casino to be built between Borgata and Harrahs
- Borgata, Atlantic City New Jersey (50% owner through Marina District Development Corporation, LLC)
- MGM Grand Macau, Macau, China (joint project with Pansy Ho Chio-king, opening 2007)
- MGM Grand branded casino - joint venture with the Foxwoods Resort and Casino at Foxwoods
Subsidiaries
References
External links
- Official site
- Philanthropy Program
- Yahoo! - MGM Mirage company profile
- History of MGM Mirage
MGM MIRAGE - Las Vegas Hotels
MGM MIRAGE is an entertainment company headquartered in Las Vegas, Nevada, which owns and/or operates through subsidiaries casino properties on three continents.
MGM MIRAGE Mission Statement
MGM MIRAGE is an entertainment company headquartered in Las Vegas, Nevada, which owns and/or operates through subsidiaries casino properties on three continents.
MGM MIRAGE Events
Las Vegas Jobs - MGM MIRAGE Employment - Las Vegas
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MGM Mirage - Wikipedia, the free encyclopedia
MGM Mirage (NYSE: MGM) is a Las Vegas, Nevada-based business engaged in the development, ownership and operation of hotels and casinos throughout the world.
MGM Active
Welcome to the Media Photo Library for MGM MIRAGE. Please fill out the registration form provided so we may contact you regarding additional information on the MGM MIRAGE ...
MGM: Profile for M G M MIRAGE - Yahoo! Finance
See the company profile for M G M MIRAGE (MGM) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives ...
MGM MIRAGE Philanthropy Program
Information about a foundation enabling opportunities for emloyeees as volunteers in the community. Site also has information on a programme to give grants to organizations who ...
Las Vegas Hotel - Mirage Hotel and Casino
he Mirage is in the heart of Las Vegas and is a palace of delights, where South Seas ... CityCenter | CityCenter Residential Sales Copyright© MGM MIRAGE. All rights reserved.
MGM Mirage MGM:NYQ - Performance - FT.com
As of last close on Aug 18 2008, MGM Mirage (MGM:NYQ) closed at 31.30, 44.57% above the 52 week low of 21.65 set on July 15, 2008.