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These are the properties owned by MGM. Valuation for these assets is over $28/share (for example, when MGM sold TI in March, the sale price was $775M).
Las Vegas, Nevada: ARIA Resort & Casino Bellagio Hotel/Casino The Mirage Luxor Mandalay Bay THEhotel at Mandalay Bay MGM Grand Las Vegas The Signature at MGM Grand Monte Carlo Hotel/Casino New York-New York Hotel/Casino Excalibur Circus Circus Slots-A-Fun Casino CityCenter (opening 2009) Elsewhere in Nevada: Circus Circus Reno, Reno, Nevada Silver Legacy Resort Casino, Reno, Nevada (50% owner in partnership with Eldorado Hotel Casino) Railroad Pass, Henderson, Nevada Nevada Landing Hotel and Casino, Jean, Nevada (Closed March 20, 2007) Gold Strike Hotel and Gambling Hall, Jean, Nevada Primm Valley Golf Club (Actually just over the state line in California) Shadow Creek Golf Course, North Las Vegas, Nevada Other properties: Gold Strike Resort and Casino, Tunica, Mississippi Grand Victoria, Elgin, Illinois MGM Grand Detroit, Detroit Michigan (98% owner in partnership with Partners Detroit, L.L.C.) Beau Rivage Hotel and Casino, Biloxi, Mississippi (Designer Steve Wynn) MGM Grand Atlantic City - newly announced casino to be built between Borgata and Harrahs Borgata Hotel/Casino and Spa, Atlantic City New Jersey (50% owner through Marina District Development Corporation, LLC) MGM Grand Macau, Macau, China (joint project with Pansy Ho Chio-king, opened 2007) MGM Grand at Foxwoods - joint venture with the Mashantucket Pequot Tribe owners of the Foxwoods resort in Connecticut MGM Grand Abu Dhabi, Abu Dhabi, United Arab Emirates - a recently announced development that will be entirely non-gaming The Bellagio Dubai, Dubai, United Arab Emirates - a 250-room hotel forming a part of the upcoming Dubai Pearl development at the foot of the Palm Jumeirah MGM Grand Dubai, Dubai, United Arab Emirates - a 350-room hotel forming a part of the upcoming Dubai Pearl development at the foot of the Palm Jumeirah Skylofts Dubai, Dubai, United Arab Emirates - a 30-suite hotel forming a part of the upcoming Dubai Pearl development at the foot of the Palm Jumeirah Rating :
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Messages in Topic
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MGM's properties
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recurrevllc |
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8-Nov-09 12:30 am | ||
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plus, as oil price hitting $78 and is expected to ...
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recurrevllc | Rate it | 8-Nov-09 12:35 am | ||
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I believe that MGM is only managing the properties...
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deeppurple_... | Rate it | 8-Nov-09 11:43 am | ||
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That is correct as the have 10 management dea...
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setay1234 | Rate it | 9-Nov-09 04:08 am | ||
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Did you subtract out the debt?
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fleetwood_8... | Rate it | 8-Nov-09 05:02 pm | ||
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oh yeah.. they owe a few billio... a few buck...
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i_novoa | Rate it | 9-Nov-09 12:11 am | ||
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Novoa...do you follow whats happening ov...
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johnbowser2... | Rate it | 9-Nov-09 01:23 am | ||
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Novoa...when you finally get ur but outt...
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johnbowser2... | Rate it | 9-Nov-09 09:21 am | ||
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Yes I did.
If you combine all the properti...
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recurrevllc | (1 Rating) | 9-Nov-09 09:31 am |
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