Loss of $96.7 million

MGM Mirage lost $96.7 million in the first quarter, news that was not a surprise to Wall Street after the company pre-announced earnings last month. The casino giant, which operates 10 Strip resorts, said this morning the net loss translated into a loss of 22 cents per share for the quarter that ended March 31. […]

Only in Atlantic City would casino operators be celebrating a less than 1 percent decline in monthly gaming revenues.

April’s casino win of $311.5 million didn’t reverse a downward spiral that goes back to August 2008, but it gave casino operators on the Boardwalk some hope. “Not only do we want to position Atlantic City as a sought-after shore destination rich in entertainment offerings for all ages, but one that is financially accessible,” Harrah’s […]

“Get the subs paid,”

In the simmering rift between casino operator MGM Mirage and general contractor Perini Building Co. over a payment dispute for CityCenter, both sides agreed on one aspect. Officials from the feuding companies want the more than 600 subcontractors and vendors caught in the middle of the legal skirmish to be paid money they are owed […]

The World Series of Poker will again use its platform in 2010 to bolster their efforts.

Poker players are among the most generous and charity-conscious people on the planet. They continually use the game of poker to help raise awareness and funds for many worthy causes throughout the calendar year. The Nevada Cancer Institute (www.nevadacancerinstitute.org) is the official community partner of the World Series of Poker. Nevada’s largest cancer center, NVCI […]

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