Topic: Gambling Industries

Moody's reviews its ratings for MGM Mirage

Moody's reviewing its debt ratings for MGM Mirage for possible upgradeMoody's Investors Service said Monday it's reviewing MGM Mirage's debt ratings for possible upgrade after the casino operator said it wants to push back the maturity dates on some $5.55 billion of debt by more ...
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MGM Mirage seeks to divest from Borgata in NJ

MGM Mirage asks regulators, lenders to let it divest from Borgata in Atlantic CityCasino operator MGM Mirage is hoping to settle questions raised by New Jersey regulators over its ties to a controversial Chinese casino family by putting its stake in an Atlantic City casino into a trust. MGM Mirage ...
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NV regulators endorse plan for Planet Hollywood

Nevada regulators endorse Harrah's plan for Planet HollywoodNevada casino regulators have given preliminary approval for Harrah's Entertainment to acquire the Planet Hollywood Resort in Las Vegas. Under the deal endorsed Wednesday by the Gaming Control Board, Harrah's will acquire $306 million in debt at a discounted rate ...
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MGM Mirage disputes N.J. regulatorsÕ authority to vet its partner in Macau

When New Jersey casino regulators said last year that MGM Mirage needed to cut ties with an unsuitable business partner in China, the casino giant said it would defend itself against allegations raised in New Jersey, where MGM Mirage owns a 50 percent stake in the Borgata resort. For the ...
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