homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

November 6, 2009

MGM loses $750M, CityCenter value falls

LAS VEGAS (AP) — MGM Mirage lost $750.4 million in its third quarter largely because the value of its latest casino project has fallen as gamblers continue to spend less during the recession, the company said Thursday.

The results included charges of $1.72 per share tied mostly to the CityCenter project MGM Mirage is building with Dubai World on the Las Vegas Strip. The $8.5 billion, 67-acre complex starts opening next month.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.