Month / December 2008

MGM Mirage Owner Must Deal With Creditors After Ford Sell-Off

The owner of controlling interest in MGM Mirage sold off a billion dollars in Ford Motor stock at dimes on the dollar, and some analysts question the effect the Ford mess will have on MGM Mirage business.

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Casinos See Revenue Increase When Focused on Gambling

Online casinos, local state operations, and Indian gambling spots are all reporting slight increases in play and revenue, in stark contrast to Vegas destination resorts.

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MGM Mirage Dumping Assets to Stay Afloat

MGM Mirage sold one of its Las Vegas Strip casinos, Treasure Island, to the former owner of the New Frontier.

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Norway Follows US Down Failed Path Banning Online Casinos

Norway has decided to attempt to protect the government revenues generated by state-owned gambling operations by outlawing payment transactions to online casinos.

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