MGM Mirage said a lawsuit filed Sunday by its joint venture partner in the $9.1 billion CityCenter development is “completely without merit” and the casino operator plans to complete the Strip development.
Dubai World, the investment arm of the Persian Gulf state, sued MGM Mirage, saying the casino operator mismanaged the massive development, leading to cost overruns and calling into question the viability of the project.
MGM Mirage Senior Vice President of Public Affairs Alan Feldman e-mailed a statement from the company earlier this morning before trading opened on the New York Stock Exchange.
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