The economy has taken a big toll on Las Vegas, with plummeting home sales and values, a decline in visitors, and layoffs and project delays. Now a lawsuit's been filed over the massive CityCenter project that is supposed to help the city rebound from the recession.
MGM Mirage says the lawsuit filed Monday by a subsidiary of Dubai World is "completely without merit."
The company released a statement Tuesday morning that says, "Dubai World is well aware of our written commitment to meet our funding obligations and that MGM Mirage has available cash to satisfy those obligations.
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