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Aria Resort & Casino News - Page 19

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Inverstor may help financially troubled CityCenter

Colony Capital, owner of the Las Vegas Hilton and 75.9 percent of Station Casinos, could help the financially troubled CityCenter.

MGM Mirage has month to make play

The financially troubled casino giant has until the end of April to either proceed with the $8.7 billion CityCenter development or cut its losses.

Unemployment would bump if CityCenter falls through

A Vegas economist said the unemployment rate in Southern Nevada would increase 1 percent if there was any long-term disruption to building the $8.7 billion CityCenter development.

CityCenter workers thrilled to remain employed

The $8.7 billion project's 8,500 construction workers remain employed after MGM Mirage made a $200 million debt payment.

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.

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