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Latest Kirk Kerkorian Stories

2010-03-04 07:00:00

LAS VEGAS, March 4 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation on Thursday at the 2010 KeyBanc Capital Markets Consumer Conference in New York. 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 companies with significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in...

2010-03-03 07:00:00

LAS VEGAS, March 3 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation on Wednesday at the 2010 Deutsche Bank Hospitality and Gaming Conference in New York. 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 companies with significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located...

2010-03-01 07:00:00

LAS VEGAS, March 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation on Monday at the JP Morgan Global High Yield and Leveraged Finance Conference in Miami. 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 companies with significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties...

2009-12-01 15:01:00

LAS VEGAS, Dec. 1 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation on Wednesday at the Bank of America Merrill Lynch 2009 Credit Conference in New York. 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 companies with significant holdings in gaming, hospitality and entertainment, owns and operates 16 properties located...

2009-11-16 05:00:00

LAS VEGAS, Nov. 16 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) management will make a Company presentation today at the Global Gaming Investment Forum sponsored by Deutsche Bank and UBS 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 companies with significant holdings in gaming, hospitality and entertainment, owns and operates 16...

2009-08-26 12:30:00

LAS VEGAS, Aug. 26 /PRNewswire/ -- The University of Nevada, Las Vegas (UNLV) today announced a $14 million donation from The Lincy Foundation. Pending approval from the Nevada System of Higher Education Board of Regents at its September meeting, the gift will establish The Lincy Institute at UNLV. Additionally, the donation will enable an upcoming partnership with a major international research and policy group. (A detailed announcement of this partnership is scheduled for Sept. 8,...

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2009-04-18 08:05:00

Bondholders for struggling casino owner MGM Mirage are discussing swapping debt for equity stakes after a possible bankruptcy filing, sources say. Quoting people familiar with the situation, Saturday's Wall Street Journal said discussions involving large MGM Mirage bondholders such as activist investor Carl Icahn and private-equity fund Oaktree Capital Management are focusing on having the Las Vegas firm file for Chapter 11 bankruptcy protection and then pumping in new capital. Majority...

2009-04-13 19:01:00

LAS VEGAS, April 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM), today announced that it has received the support of its banks and has entered into an amendment of its senior credit facility. Under the newly obtained amendment, MGM MIRAGE's senior lenders have provided the company with the ability to pay the full amount of current construction costs for CityCenter totaling $70 million due no later than April 17, 2009. This amendment allows MGM MIRAGE to fund Dubai World's $35 million...

2009-04-11 09:24:16

Dubai World is pushing a plan to rescue a financially troubled Las Vegas project that would pledge billions of dollars needed to complete it, sources say. The conglomerate, owned by the government of Dubai, is proposing to team with its U.S. partner, MGM Mirage and their lenders, on the $8.6 billion CityCenter resort and casino project on the Strip to commit a combined $3 billion to avoid a possible construction shutdown, sources told Saturday's Wall Street Journal. The rescue effort comes as...

2009-04-10 09:36:27

Los Angeles investment firm Colony Capital LLC has broken off talks with MGM Mirage without reaching a deal that could have bailed out the casino operator. MGM Mirage, controlled by billionaire investor Kirk Kerkorian, is struggling under a $13.5 billion debt while trying to complete an $8.6 billion development project in Las Vegas called City Center, The Wall Street Journal reported Friday. MGM Mirage spokesman Alan Feldman said the company continued to have discussions with investors and...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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