MGM MIRAGE Management to Present at Global Gaming Expo Investment Forum
12 Novembro 2007 - 11:30AM
PR Newswire (US)
LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE:MGM)
management will make a Company presentation today at the Global
Gaming Expo Investment Forum sponsored by Goldman Sachs and
Deutsche Bank in Las Vegas, Nevada. A complete copy of the
presentation will be available by visiting our web site at
http://www.mgmmirage.com/. MGM MIRAGE (NYSE:MGM), one of the
world's leading and most respected development companies with
significant holdings in gaming, hospitality and entertainment, owns
and operates 17 properties located in Nevada, Mississippi and
Michigan, and has investments in three other properties in Nevada,
New Jersey and Illinois. MGM MIRAGE is the largest landholder on
the Las Vegas Strip, with significant undeveloped landholdings in
both Las Vegas and Atlantic City. The Company recently opened MGM
Grand Detroit, a major new resort; and will open another, MGM Grand
Macau, before the end of the year. Also under development is
CityCenter, a multi-billion dollar mixed-use urban development in
the heart of the Las Vegas Strip. The Company has entered into an
agreement with a subsidiary of Dubai World whereby MGM MIRAGE will
contribute the CityCenter assets into a newly formed joint venture
equally owned by the parties valued at $5.4 billion. MGM MIRAGE has
signed a definitive agreement with Kerzner International Holdings
Limited and Istithmar Hotels FZE to develop a new multi-billion
dollar integrated resort property on the Las Vegas Strip. The
Company has a separate definitive agreement with the Diaoyutai
State Guesthouse in Beijing forming a strategic relationship to
pursue non-gaming business opportunities in the People's Republic
of China. MGM MIRAGE supports responsible gaming and has
implemented the American Gaming Association's Code of Conduct for
Responsible Gaming at its properties. MGM MIRAGE has received
numerous awards and recognitions for its industry-leading Diversity
Initiative and its community philanthropy programs. For more
information about MGM MIRAGE, please visit the company's website at
http://www.mgmmirage.com/. Statements in this release which are not
historical facts are "forward looking" statements and "safe harbor
statements" under the Private Securities Litigation Reform Act of
1995 that involve risks and/or uncertainties, including risks
and/or uncertainties as described in the company's public filings
with the Securities and Exchange Commission. DATASOURCE: MGM MIRAGE
CONTACT: investment, Daniel J. D'Arrigo Executive Vice President
& Chief Financial Officer, +1-702-693-8895, or media, Alan M.
Feldman, Senior Vice President of Public Affairs, +1-702-891-7147,
both of MGM MIRAGE Web site: http://www.mgmmirage.com/
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