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SPORTS
May 6, 2012 | By Lance Pugmire
LAS VEGAS — At the end of a tough, long night, Floyd Mayweather Jr. was left staring at a June 1 jail sentence and a boxing landscape that he seems to believe cannot deliver another quality opponent. The unbeaten 35-year-old champion late Saturday said he's leaning "80-20" toward retirement. "If it was my last fight, I gave them a bang," Mayweather (43-0) said after his unanimous-decision (118-110, 117-111, 117-111) triumph over Puerto Rico's Miguel Cotto (37-3) at the MGM Grand.
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SPORTS
May 6, 2012 | By Lance Pugmire
LAS VEGAS — At the end of a tough, long night, Floyd Mayweather Jr. was left staring at a June 1 jail sentence and a boxing landscape that he seems to believe cannot deliver another quality opponent. The unbeaten 35-year-old champion late Saturday said he's leaning "80-20" toward retirement. "If it was my last fight, I gave them a bang," Mayweather (43-0) said after his unanimous-decision (118-110, 117-111, 117-111) triumph over Puerto Rico's Miguel Cotto (37-3) at the MGM Grand.
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BUSINESS
September 17, 1999 | Reuters, Times Staff
Is the MGM lion about to pounce on Mirage's cuddly white tigers? Shares of MGM Grand Inc. fell 5% on Thursday on speculation that the casino operator could launch a hostile bid for Mirage Resorts Inc., fueled by reports that MGM Chairman Kirk Kerkorian bought a stake in his company's jungle-themed neighbor on the Vegas Strip. MGM Grand shares skidded $2.50 to close at $47.25 on Thursday, while Mirage surged $1 to $15, both on the New York Stock Exchange.
SPORTS
March 12, 2012 | Staff and wire reports
The Pac-12 Conference has scheduled a news conference at the MGM Grand in Las Vegas on Tuesday to announce that the league's men's basketball tournament will be moving there next March. The men's tournament has been staged at Staples Center since 2002, but its agreement to play there ended this year. Las Vegas will now be home to four conference tournaments. The West Coast and Western Athletic conferences play their tournaments back-to-back at the Orleans Arena. The Mountain West plays at the Thomas & Mack Center on the Nevada Las Vegas campus.
TRAVEL
April 4, 2010 | By Jen Leo
Whether you're a day person or a night person, the Signature at MGM Grand has a package that suits your circadian rhythms. The deal: Room rates for both start at $119 a night. The day package includes two continental breakfasts, a $25 beverage credit, two passes to the daytime pool party at the MGM Grand and a 20% discount on spa and salon services. The night package offers two free cocktails, a $50 dining credit, two-for-one tickets for "KÀ" by Cirque du Soleil and two-for-one tickets to Studio 54 nightclub.
BUSINESS
July 29, 1999 | Bloomberg News
MGM Grand Inc., the casino company controlled by billionaire Kirk Kerkorian, said it plans to open the first legal casino in Detroit today, after receiving approvals from the mayor and Michigan state gaming regulators on Wednesday. The $235-million temporary casino will be replaced in about four years with an $800-million permanent gambling resort. Las Vegas-based MGM Grand is developing MGM Grand Detroit in a partnership with a group of local investors. The Detroit market could generate $1.
NEWS
April 1, 1985 | MARK ARAX, Times Staff Writer
After more than two years of litigation, 28 private insurance carriers have agreed to reimburse the MGM Grand $76 million for claims it paid to victims of a November, 1980, fire, the Las Vegas hotel announced Sunday. The settlement brings to an end a complex series of lawsuits growing out of the fire in which 85 people were killed and 591 were injured. The fire was blamed on an electrical short in a hotel restaurant.
NEWS
November 17, 1985 | Associated Press
Bally Manufacturing Corp. said Saturday that it will acquire the MGM Grand in Las Vegas and Reno in a deal worth more than $440 million. Bally, which owns Bally's Park Place hotel-casino in Atlantic City, said it plans to rename the hotels the Bally Grand after taking over sometime during the early part of next year. "With the acquisition of the MGM Grand Las Vegas and Reno hotel-casinos, Bally clearly emerges as one of the world's leading leisure time companies," said Robert R.
BUSINESS
February 13, 1997 | Times Staff and Wire Reports
MGM Grand Inc. and a group of Detroit community leaders said they've formed a partnership to seek a state license to own and operate a casino in Detroit. Details of the partnership and a timetable weren't disclosed. Las Vegas-based MGM Grand, which is controlled by Kirk Kerkorian, also said its credit line will be boosted to $1 billion from $600 million, in part to finance construction of a Detroit casino. It didn't say what institutions would provide the financing.
BUSINESS
June 11, 1985
In a class-action suit, Leila Sorell of Los Angeles asked a Delaware court to block the financier's proposed $126-million offer for the 30% stock interest that he does not already own. The suit accused Kirk Kerkorian and MGM Grand's directors of "a fraudulent plan . . . to freeze out the public shareholders . . . at a grossly inadequate price" of $18 a share. Two other suits making similar allegations were filed in Los Angeles Superior Court on behalf of Samuel Leanza and Irving Mariash.
SPORTS
February 9, 2012 | By Lance Pugmire
Timothy Bradley agreed in principle Thursday to fight Manny Pacquiao on June 9 at MGM Grand in Las Vegas, fulfilling a lifetime ambition for the unbeaten, Cathedral City-based world junior-welterweight champion. "This is about being the No. 1 fighter in the world, and that's what my goal has been for as long as I can remember," Bradley said. Bradley declined to reveal terms of his agreement, which he said could be signed as early as Friday, but his guarantee is believed to be more than $5 million.
SPORTS
September 14, 2011 | By Lance Pugmire
Reporting from Las Vegas — The most modest man at the podium made the boldest statement Wednesday. Danny Garcia, a soda truck driver who also trains world welterweight champion Victor Ortiz, turned to multimillionaire Floyd Mayweather Jr. and made a simple, passionate plea that will resonate until the boxers square off at the MGM Grand on Saturday night. "Floyd, at least for this fight, fight a good clean fight for the people," Garcia said as he stared down at Mayweather, who was seated at a news conference dais.
CALIFORNIA | LOCAL
July 16, 2011 | By Ashley Powers, Los Angeles Times
Reporting from Las Vegas -- J. Terrence Lanni, a casino executive who helped Las Vegas shed its mob-run image and earn Wall Street's respect, died late Thursday at his home in Pasadena. He was 68 and had cancer. Lanni served as an executive with Caesars World before joining Kirk Kerkorian's MGM Grand Inc. in 1995. Under his stewardship, the one-casino company grew into a 17-resort conglomerate, with a slew of casinos on the Las Vegas Strip and a venture in booming Macao. The company is now named MGM Resorts International.
BUSINESS
December 30, 2010 | By Roger Vincent and Claudia Eller, Los Angeles Times
Legendary movie studio Metro-Goldwyn-Mayer Inc. will move to new, less lavish headquarters now that it has emerged from bankruptcy protection. MGM plans to leave a high-profile skyscraper in Century City and rent a six-story office building in Beverly Hills that was built for the former William Morris Agency but has never been fully occupied. The cost-saving move is part of a plan by creditors to wipe out about $5 billion in debt, clearing the way for the 86-year-old studio to focus its efforts on producing and releasing movies and television shows, according to real estate experts and a person close to the entertainment company who know about the deal but weren't authorized to speak publicly.
NEWS
December 29, 2010 | Valli Herman, Special to The Times
Fantasy buildings are so last century in Las Vegas . Now the buzz is about fantasy experiences, the latest of which are tied to an MGM Resorts casino loyalty program called M life Players Club. The payoff isn’t just in coupons for dinner or hotel room deals but also in the kinds of special-access events at MGM properties that merit bragging rights -- a day of directing the songs at the Fountains of Bellagio , a cameo appearance in a Cirque du Soleil production at Aria Resort & Casino , or cooking lessons with celebrity chef Rick Moonen at Mandalay Bay .  To give travelers a taste of the new idea, MGM Resorts is simultaneously launching a sweepstakes that will accompany the Jan. 11 start of M life.
NEWS
November 29, 2010 | By Jay Jones, Special to the Los Angeles Times
A visit to Las Vegas can now include a cooking class and a gourmet meal without ever leaving your luxurious suite. The Signature at MGM Grand, a three-tower, upscale hotel tucked behind its much-bigger brother, MGM Grand, offers in-room culinary classes provided through 30-minute television programs featuring the hotel's chefs. Guests booking the "Signature Dish" package can choose one of three dishes -- scallop risotto, tandoori chicken curry or baked ziti -- and then simply follow along.
BUSINESS
November 7, 1989 | From United Press International
MGM Grand Inc. plans to pay $123 million in cash and stock for 117 acres on the Las Vegas Strip for its movie studio theme-park resort, the Beverly Hills company said. The company had announced Oct. 3 that it planned to buy property at Tropicana Avenue and Las Vegas Boulevard to develop the theme park and a 5,000-room hotel, but did not say how much it was going to pay. Construction of the project, which would include a working movie studio, is set to begin in 1991.
BUSINESS
June 7, 1985 | AL DELUGACH, Times Staff Writer
Kirk Kerkorian made an offer Thursday to buy all of the shares of MGM Grand Hotels that he does not already own for $18 cash each, or a total of $126 million. The financier already owns about 70% of the company, which operates hotel-casinos in Las Vegas and Reno. The news sent the company's stock to $17.125 on Thursday on the New York Stock Exchange, up $2.75 from Wednesday in heavy trading. Previously, the highest price at which the company's stock has traded in the last year was $15.25.
TRAVEL
September 29, 2010 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
The National Finals Rodeo is coming to Las Vegas in December, and the MGM Grand Hotel & Casino is offering a package that could be called “rodeo lite.” The deal starts at $55 a night and includes a room plus free admission to the hotel’s Hollywood Theatre, which will show real-time feeds of the rodeo action. The deal : The NFR at MGM Grand offer features big-screen coverage of the rodeo championships Dec. 2-11. (The Professional Rodeo Cowboys Assn.
SPORTS
July 2, 2010 | By Lance Pugmire
Brock Lesnar tried his best to maintain the veil, explaining that his health-imposed year off from the octagon hasn't changed the fact he's "the same ornery SOB" who "still hates you guys," referring to reporters. Something, however, has unmistakably changed about the Ultimate Fighting Championship's heavyweight champion. This new Lesnar cracks jokes. And laughs at them. He said he feels "like a cat with nine lives, and I've got eight left." He won't disparage his Saturday night opponent, interim champion Shane Carwin, kidding that "Carwin is better-looking.
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