LAS VEGAS REAL ESTATE | HOMES FOR SALE IN LAS VEGAS | LAS VEGAS NEW HOME

MGM Mirage will develop a Las Vegas style Vietnam casino in a $4.2 billion resort.  The gaming operator will be working with the Asian Coast Development for its most recent business partnership for a MGM Grand hotel casino within the Ho Tram Strip.

Continue reading MGM Mirage Will Develop A Vegas Style Vietnam Casino In $4.2B Resort

Dubai World is possible joint venture partner with MGM Mirage after the Nevada Gaming Commission rules on their business relationship later this month.  Dubai World is the investment division of the Persian Gulf state.

Continue reading Dubai World Possible Joint Venture Business Partner With MGM Mirage

Bonds issued by MGM Mirage backed by New York New York Vegas casino.  This past week the gaming company issued $750 million in senior secured notes.

The private offering notes will be due 2013 will allow the buyer to receive a 15 percent yield and 13 percent interest will be paid by MGM Mirage.

Continue reading Bonds Issued By MGM Mirage Backed By New York New York Vegas Casino

Dubai World was given permission to purchase up to 20 percent of MGM Mirage stock.  The New Jersey gaming regulators recently will permit the second largest MGM Mirage shareholder to purchase 10.5 percent more stock.

Continue reading Dubai World Given Permission To Purchase 20 Percent Of MGM Mirage

M Resort Las Vegas hotel on the Strip expects to open early in March, 2009.  Local real estate developer, Anthony Marnell III, caters to locals with his version of a place visitors feel at home when they step through the door.  Will he be able to carve out his niche in this heavily competitive casino market?

Because construction has been ahead of schedule at M Resort, millions of dollars in savings will be used in other aspects of the hotel casino.  Hopefully locals will embrace the upgrades including 180 degree views of the valley from the rooftop restaurant and a wine cellar controlled with technology.

Continue reading M Resort Las Vegas Hotel On The Strip Expects To Open Early In March

MGM Grand Tianjin luxury condo hotel in China announced by MGM Mirage.  The first nongaming hotel project in mainland China with jv partner expects to start groundbreaking in several weeks.  The location is projected to cash flow $200 million annually.

Continue reading MGM Grand Tianjin Luxury Condo Hotel In China Announced By MGM Mirage