MGM Mirage is to report its second-quarter financial results before the market opens on Monday. Below is a summary of key developments and analyst opinion related to the period.
OVERVIEW: Las Vegas-based MGM Mirage is the world's second-largest gambling company by revenue, the owner and operator of 16 casinos in Nevada, Mississippi and Michigan. It also has 50 percent investments in four other properties.
The success of the company is tied to its ability to develop and operate casino resorts. Its primary shareholder — who lost his majority interest in the company in May when the company issued new stock — is billionaire investor Kirk Kerkorian.
No comments:
Post a Comment