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Topic: Mirage Resorts


  
  SEC Info - Mirage Resorts Inc - 10-Q - ForĀ 9/30/95
In our opinion, the information set forth in the accompanying condensed consolidated balance sheet of Mirage Resorts, Incorporated and subsidiaries as of December 31, 1994, is fairly stated, in all material respects, in relation to the consolidated balance sheet from which it has been derived.
The Mirage maintained its record of strong performance in the recent quarter, despite a decline in its table games win percentage and the fact that there were 8% fewer available room- nights in the quarter due to a major guest room enhancement program.
The resort is currently expected to cost approximately $1.1 billion (excluding the cost of the land and capitalized interest) and is scheduled to open in early 1998.
www.secinfo.com /d1989.av.htm   (4104 words)

  
 Tele-Bet - Mirage Resorts   (Site not responding. Last check: 2007-10-13)
Mirage Resorts is one of the best known and most respected names in the hospitality and gaming industry.
Mirage Resorts designed and built the Sports Tele-Bet solution with the help of the VBVoice telephony development toolkit from Pronexus Inc., a leading manufacturer of interactive voice response (IVR) and CT software, and a provider of custom application design services.
Mirage's ability to apply state-of-the-art technology to its uncompromising commitment to service has provided a significant advantage in meeting the competitive challenges in the hospitality and gaming industry.
www.pronexus.com /services/cs_mirage.html   (1140 words)

  
 MSN Encarta - Nevada
During the late 1950s and 1960s low county tax rates encouraged a thriving resort economy based on the lure of legal gambling casinos that were open 24 hours a day, big-name entertainers, lavish food buffets, and bargain room rates.
In the 1990s the resort economy of Las Vegas built several huge casinos that used ancient Egyptian, medieval, and jungle themes to attract the public.
Mirage Resorts, Incorporated, opened the Mirage and Treasure Island resorts.
encarta.msn.com /encyclopedia_761551699_12/Nevada.html   (1837 words)

  
 Online Casino Guide - News -   (Site not responding. Last check: 2007-10-13)
The shareholders were worried that Mirage Resorts may not give the offer and others a fair hearing because the board members may lose their management grip should the company be sold.
It has been alleged that Mirage Resorts board members have breached their fiduciary duty to maximize shareholder value by wrongfully refusing to properly consider a bona fide offer, one that represents a substantial premium over the market price for the company from MGM Grand.
Mirage did not rejected MGM's offer and the proposal will be considered by the board at a future meeting.
www.online-casino-guide.com /history/visionary-backgrounds/wynn-steve   (1956 words)

  
 HOT TOPICS   (Site not responding. Last check: 2007-10-13)
Mirage Resorts stock was up 19 cents to $15.94 this morning.
However, Mirage Resorts also said it believed "this is a challenging time to achieve optimal terms for a business combination," noting the depressed values of stocks across the gaming sector.
Mirage Resorts' poison pill will be triggered if any shareholder passes the 10 percent mark.
www.gamblingmagazine.com /articles/21/21-111.htm   (968 words)

  
 SEC Info - Mirage Resorts Inc - 10-K405 - ForĀ 12/31/97 - 10-K
The exterior of the resort is landscaped with palm trees, abundant foliage and more than four acres of lagoons and other water features centered around a 54-foot simulated volcano and waterfall.
The resort is situated on approximately 46 acres near the center of the Las Vegas Strip.
The resort is currently expected to cost approximately $1.6 billion (including land, capitalized interest and preopening costs) and is scheduled to open in October 1998.
www.secinfo.com /d1989.7b.htm   (10046 words)

  
 ChuckIII's College Resources - Miscellaneous - The Mirage Resorts - Free Term Papers, Book Reports, Essays, and ...
Mirage Resorts is the world's leading developer and operator of casino-based resorts.
Mirage Resorts also owns the Golden Nugget, the largest and most profitable hotel in downtown Las Vegas, and the Golden Nugget-Laughlin, which is located approximately 90 miles south of Las Vegas.
Mirage Resorts 1998 revenues after promotional allowances grew by $105.2 million, or 7%, over 1997, primarily reflecting the October 15 opening of Bellagio.
www.chuckiii.com /Reports/Miscellaneous/The_Mirage_Resorts.shtml   (1134 words)

  
 aw_gitman_pmf_10|Case Studies in Finance|Case 15: Mirage Resorts
Mirage Resorts is considering the possibility that it might be able to refund the old bond issue and replace it with a new issue that has a much lower coupon rate.
Mirage estimates that there will be a two month overlapping period while it retires the old bond issue.
Mirage Resorts has an after-tax cost of debt equal to 6% and their corporate tax rate is 35%.
wps.aw.com /aw_gitman_pmf_10/0,7002,347198-,00.html   (514 words)

  
 InternetWeek   (Site not responding. Last check: 2007-10-13)
Glenn Bonner, CIO at Mirage Resorts, says all of this network traffic generates 3.5 terabytes of online tape storage a week--a data onslaught he says the company couldn't possibly handle without a SAN.
Mirage Resorts has dark fibre between each of its four Las Vegas properties, and runs all remote computer rooms dark as well.
The Mirage Resorts SAN is controlled by a new StorageTek Access Hub that uses a loop switch technology.
www.internetweek.com /case/study090699-1.htm   (1986 words)

  
 STORIES   (Site not responding. Last check: 2007-10-13)
The filing states Mirage Resorts is "progressing with the design and budgeting of our resort development for the Marina site" in Atlantic City.
Called Le Jardin, Mirage Resorts had planned to put a $1 billion resort there, and still intends to file plans for the resort later this year, and is also involved in a joint venture to build a nearby resort with Boyd Gaming called the Borgata.
Until the merger occurs, Mirage Resorts said its expenditures will be limited to the Atlantic City site, the Danny Gans Theater at the Mirage hotel-casino and the addition of meeting, convention and exhibit space.
www.gamblingmagazine.com /articles/40/40-171.htm   (1156 words)

  
 Mirage Resorts - Careers, Jobs and Hiring Information: Vault.com.
Mirage Resorts - Careers, Jobs and Hiring Information: Vault.com.
Our Mirage Resorts insiders generally give the company favorable reviews, largely because of the company's dynamic and constantly evolving atmosphere.
[It] seems as if we are always remodeling something." Another agrees: "Mirage Resorts is continuously expanding (promotion opportunities)." One contact working in IT tells us that "the chance to keep up with even a portion of our constantly changing technology has a......
www.vault.com /company/MirageResorts.html   (133 words)

  
 Las Vegas SUN: Sell-off of Mirage Resorts assets is a possibility
Selling off assets is one of a number of options the Mirage Resorts board of directors was expected to consider when it convened this morning to consider the MGM Grand offer.
Not participating in the board meeting is Mirage Resorts director George Mason, senior managing director with Bear Stearns in Los Angeles.
Mirage Resorts has other assets that could be sold for cash.
www.lasvegassun.com /sunbin/stories/text/2000/feb/29/509918285.html   (1083 words)

  
 Mirage Resorts, Incorporated
Mirage Resorts was first introduced to the dependability of Sun servers when it added a StorageTek tape silo in 1997.
Mirage Resorts looked at other NT packages, but found they were too expensive for the functionality offered.
Mirage Resorts is also looking for supported high availability with a Solaris PC NetLink server, which will be available in the next version.
www.sun.com /servers/success-stories/mirage.html   (2048 words)

  
 TheStreet.com: MGM Grand to Acquire Mirage Resorts for $4.4 Billion
Mirage rejected the $17-a-share bid last Tuesday, calling it inadequate and not in the best interest of shareholders.
Four dollars more a share satisfied Wynn, however: "This extraordinary transaction fully embraces the value of the franchise created by Mirage properties and the contribution made by the 32,000 individuals who are responsible for that franchise," he said in a statement.
Mirage settled a legal battle with Trump Hotels & Casinos ( DJT :NYSE - news ) over development in the area on Feb. 23.
www.thestreet.com /brknews/media/895245.html   (673 words)

  
 Fool.com: The Mirage of Mirage Resorts' Precise Value [News] May 8, 2000
Goldman said Mirage was worth something between $16.70 per share and $29.19 per share, and had a theoretical enterprise value ranging from $5.4 billion to $8.2 billion.
Mirage's values were based on a discounted cash flow analysis, a method that determines the value of an equity by discounting the future stream of cash flows at a certain rate, called the discount rate.
According to the Mirage filing, Goldman applied discount rates ranging from 7% to 11% with a base of 9%.
www.fool.com /news/2000/mir000508.htm   (505 words)

  
 Mirage Resorts / Second Quarter 1997 Financial Results
Mirage Resorts Inc. reported second-quarter earnings of 26 cents per share, a 24 percent increase over the prior-year period.
Mirage Resorts has now achieved year-over-year earnings increases in 13 of the past 14 quarters.
The earnings improvement was led by the company's flagship resort, The Mirage, which achieved a 13 percent increase in revenues and a 33 percent increase in operating income.
www.www.hotel-online.com /News/Mirage_July97.html   (701 words)

  
 Las Vegas SUN: Kerkorian bids for Mirage
In his letter to Wynn, Lanni said all members of Mirage Resorts and MGM Grand's boards would be named to the combined company's board.
Both Mirage Resorts and MGM Grand have announced plans to develop there, but Mirage Resorts is well ahead of MGM Grand in the race to develop in that city and has a better location.
Mirage Resorts' struggles started rumors last year that it would be the target of a takeover attempt.
www.lasvegassun.com /sunbin/stories/sun/2000/feb/23/509890386.html   (1221 words)

  
 MGM Grand offers to buy rival Mirage Resorts for $3.3B - Feb. 23, 2000
    In a statement released early Wednesday afternoon, Mirage said it would consider the unsolicited bid by MGM at a board meeting "to be held in the near future." Company officials declined to comment further.
Mirage shares, which have been mired in a deep slump for nearly a year, jumped on word of the offer Wednesday, climbing 3-3/4 to 14-5/8 by mid-afternoon, a level still well below the $17 per share offer price.
Mirage also generates an annual revenue stream of $2.4 billion, far exceeding MGM's $1.4 billion, but Mirage's financial stock performance has turned the company from an acquirer to the one being acquired.
money.cnn.com /2000/02/23/bizbuzz/mgm   (1210 words)

  
 LAS VEGAS REVIEW-JOURNAL: BUSINESS: MGM Mirage rewards execs
The MGM Mirage Board of Directors also awarded the quintet a total of 400,000 shares of company stock, valued at $14.3 million at Friday's market close.
The company's quality properties, including Bellagio, The Mirage and MGM Grand, its high Wall Street valuation and the success of the stock are all evidence that MGM Mirage executives are among the tops in their field, he added.
Mirage Resorts CEO Bobby Baldwin inked a deal raising his salary by 50 percent to $1.5 million.
www.reviewjournal.com /lvrj_home/2002/Aug-10-Sat-2002/business/19384514.html   (545 words)

  
 Mirage Resorts, Inc., Incorporated
According to Professor Parker, “We created these reports in response to two inescapable trends: a return to fundamentals and globalization.” The aim of these reports is to assist consultants, financial managers, strategic planners and corporate officers in gauging indicators of Mirage Resorts, Inc.’s financial and human resource structure.
It looks at the amount of labor required to operate Mirage Resorts, Inc. and the resulting return on human investment.
For each part of the financial statement, the larger structural differences and gaps between Mirage Resorts, Inc. and the global benchmarks are provided with summary tables of ranks and percentiles.
www.icongrouponline.com /pr/Mirage_Resorts,_Inc_US/PR.html   (659 words)

  
 Mirage Resorts / First Quarter 1997 Management Discussion
The Company's four wholly owned resorts performed very well during the 1997 first quarter, albeit against difficult comparisons with the record results of the prior-year period.
The Mirage reported net revenues of $198.7 million - one of the strongest quarters in its seven years of operation.
Excluding baccarat revenues in both periods, The Mirage's net revenues rose by 3% over the strong results of the prior-year quarter.
www.www.hotel-online.com /News/Mirage_April97.html   (1669 words)

  
 MGM Mirage City Center
MGM Mirage'S Project City Center, to be built along the famous Las Vegas Strip, confirms a cultural and lifestyle revival of city living.
The groundbreaking design introduces a dazzling vertical city to the heart of Las Vegas' sprawling horizontal grid -- a stimulating, pedestrian-oriented urban environment coupled with automobile convenience, hidden parking structures and, suspended in the sky, a one-of-a-kind complex of rooftop garden oases that combine to form a contiguous park system.
Bobby Baldwin of Mirage Resorts will lead Project City Center for MGM Mirage.
www.yenra.com /city-center   (388 words)

  
 Rancho Mirage Resorts
Marriott’s Rancho Las Palmas Resort and Spa, a place of unlimited possibilities, is located in Rancho Mirage, California in the heart of the Coachella Valley, just minutes from nearby Palm Springs, Indian Wells, and other desert communities.
Nestled amid 240 acres of lushly landscaped grounds and lakes, this award-winning world-class resort blends the picturesque charm of Early California hacienda and mission architecture and the open spaces and exotic flora of the desert.
Spanish accents abound from the red-tiled roofs, wood beamed trusses, ornate ironwork and colorful ceramic floor tiles to the eclectic flavors of the distinctive regional cuisine, transporting guests to the romance and mystery of a bygone era.
www.vacation-palm-springs.com /rancho-mirage-resorts.htm   (200 words)

  
 AirTran Announces New Daily Non-Stop Jet Service Between Orlando and the Mississippi Gulf Coast
Travel packages that include round trip airfare and hotel accommodations at Beau Rivage may be purchased through Mirage Resorts Vacations, the company's travel division.
Mirage Resorts is widely recognized as a leader in the resort industry.
In addition to Beau Rivage, Mirage Resorts developed, owns and operates the Golden Nugget, The Mirage, Treasure Island and its newest destination resort, Bellagio, in Las Vegas.
www.prnewswire.com /airtran/19990316a.shtml   (468 words)

  
 MGM MIRAGE Privacy Statement
In addition, when you book a reservation online to stay at an MGM MIRAGE resort, the reservation or confirmation number may be stored in a cookie on your computer and in an order file generated by Strategic Partners.
MGM MIRAGE reserves the right to transfer your Personal Information to a third party in the event of a transfer of all or substantially all of MGM MIRAGE’s assets to a third party, provided that the third party agrees to adhere to the terms of this Privacy Policy.
MGM MIRAGE has no control over the security of the computers or other electronic devices and means you use to send e-mails and submit information to MGM MIRAGE over the Internet.
www.mgmmirage.com /privacy.htm   (1765 words)

  
 Mirage Resorts Inc.
The principals: Mirage Resorts Inc. is the sole owner, though the company would sell a 5-percent share in the Detroit venture to local residents.
Casino connection: Mirage is one of the best-known operators in the world.
Background: Mirage's press kit was stunning in its size, graphics and apparent cost.
www.freep.com /news/casinos/cas5_mirage.htm   (194 words)

  
 Business Wire : Mirage Resorts proposes Atlantic City development. @ HighBeam Research   (Site not responding. Last check: 2007-10-13)
Mirage Resorts also has invited Circus Circus to develop an adjoining resort property.
Mirage Resorts and Circus Circus are currently jointly developing a portion of the former Dunes Hotel site in Las Vegas.
A focal point of excitement at the new resort complex will be the entertainment concourse which, in addition to elegant shops and eateries, will include a theatre district featuring entertainment unlike any on
static.elibrary.com /b/businesswire/july141995/mirageresortsproposesatlanticcitydevelopment/index.html   (212 words)

  
 LAS VEGAS RJ:BUSINESS: Baccarat play decline hurts Mirage
      In addition to the baccarat decline, Mirage Resorts' 1998 first quarter was affected by a slightly lower table games win percentage, a charge on debt redemption and costs incurred for the scheduled fall opening of Bellagio on the Strip and the early 1999 opening of Beau Rivage in Biloxi, Miss.
MGM is a 50-50 partner with Primadonna Resorts Inc. in New York-New York.
An estimated 10 percent of the Mirage Resorts' 1997 gross revenues were from baccarat, according to Mirage Resorts figures.
www.reviewjournal.com /lvrj_home/1998/May-05-Tue-1998/business/7435674.html   (562 words)

  
 CasinoPedia™- The Casino Encyclopedia - Education
When MGM Grand bought Mirage Resorts in 2000, the companies created two operating units, with MGM Grand properties on one side and Mirage properties -- including the Bellagio, Mirage and Treasure Island resorts -- on the other.State and federal regulators have not yet approved MGM Mirage's $7.9 billion buyout of Mandalay Resort Group.
MGM Mirage also will shuffle a few executives into new roles in anticipation of the deal, according to sources familiar with the company.
The top executives of Mandalay Resort Group are expected to leave the company, the sources said.
www.casinopedia.com /news/news37.html   (366 words)

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