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Aria Resort & Casino News - Page 18

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MGM makes $200 million debt payment

The $8.7 billion CityCenter project avoided a bankruptcy filing after MGM Mirage made a $200 million debt payment.

CityCenter may land in bankruptcy

The multi-billion dollar MGM Mirage project, billed as the most expensive commercial development in U.S. history, may end up in bankruptcy court.

Reid, Ensign made calls to banks for MGM

Senators’ intervention raises ethical questions.

MGM Mirage plans to finish CityCenter

MGM Mirage said that a lawsuit filed by partner Dubai World was "completely without merit" and that it still plans to complete the $9.1 billion project.

CityCenter partner wants out

A lawsuit filed by Dubai World says the MGM Mirage is to blame for the $9.1 billion project's shaky status.

Lawsuit clouds future of CityCenter

Uncertainties are clouding the future of the CityCenter project, with one of the partners suing the other, saying it cannot continue to fund the development in its current status.

Before recession, success further fed gaming industry's egos

In the haze of the ongoing economic hangover, Las Vegas resorts - including some yet to be finished - look like the fevered dreams of out-of-control egos.

MGM Mirage talks collapse with Deutsche Bank

MGM Mirage is in the hunt for financing for its $9.1 billion CityCenter project after talks with collapsed late Wednesday.

MGM Mirage's cash crunch

Analysts now say MGM Mirage is at risk of filing for Chapter 11 bankruptcy protection as it enters the final stretch of building the $9 billion CityCenter.

MGM Mirage borrows from credit

Three credit rating services devalued the company's bonds after the announcement and MGM Mirage's stock prices hit an all-time low.

MGM, Deutsche Bank discussing CityCenter financing

MGM Mirage and Deutsche Bank are discussing a deal to secure financing for the $9.1 billion CityCenter project.

CityCenter starts accepting hotel reservations

Two of MGM Mirage's $9.1 billion properties will begin accepting hotel reservations Monday morning.

CityCenter work often precedes approval of plans

In hundreds of instances, construction at MGM Mirage’s massive CityCenter project has moved forward based on unapproved engineering.

Clark County issues notices about work CityCenter

The notices document either problematic construction work or a failure to check work and have descended on the MGM Mirage project.

MGM Mirage ordered to recheck CityCenter inspections

Clark County has banned and fined two inspectors who filed more than 60 false reports.

Nevada lawmaker wants law to curb boozing construction workers

The bill comes after a series of Las Vegas Review-Journal articles that found construction workers were entering the CityCenter construction site after drinking at nearby bars.

CityCenter extending hope on a huge scale

Shellshocked from months of fruitless searching, job seekers showed up Monday with scrubbed faces and sharp suits at a large building behind the Mirage.

The Harmon isn't Strip's only troubled condo

Luxury, high-rise condominiums, much like super-sized megaresort complexes such as CityCenter, were an outgrowth of the credit boom.

Murren making his mark on MGM Mirage

MGM Mirage's new CEO has already sold Treasure Island to help finance a portion of the $9.1 billion CityCenter development.

MGM Mirage cancels CityCenter condo project

The Harmon Hotel & Spa – originally planned as a 49-story building with some 200 condominiums atop 400 hotel rooms, will no longer offer condominiums.

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