February 23, 1999 |
Mirage Resorts Inc., the third-largest U.S. casino company, said its fourth-quarter profit from operations fell 24% to $37.4 million, or 20 cents a share, as competition in Las Vegas held down gambling winnings and hotel room prices at its resorts. Mirage was expected to earn 22 cents, the average estimate of analysts polled by First Call Corp.
August 16, 1997 |
Mirage Resorts Inc. Chairman and Chief Executive Stephen Wynn was awarded $3.17 million in damages by a Nevada jury in his libel suit against the publisher of a Wynn biography. Barricade Books, the publisher of "Running Scared: The Life and Treacherous Times of Las Vegas Casino King Steve Wynn," falsely alleged in the book's catalog advertisement that Wynn had ties with organized crime, Wynn's attorney, Barry Langberg, said in a statement. The jury awarded Wynn $2.
October 16, 1998 |
Hotel and casino operators Circus Circus Enterprises Inc. and Mirage Resorts Inc. have agreed to dismiss lawsuits filed against each other dealing with the development of casinos along the so-called H-Tract in Atlantic City, N.J., Circus said. The H-Tract is a parcel of land near Atlantic City's marina district that Mirage, Circus and a third gaming company, Las Vegas-based Boyd Gaming Corp., have sought to develop for two years.
May 5, 2000 |
A shareholder is trying to block Mirage Resorts Inc.'s sale to MGM Grand Inc. over a clause that gives casino mogul Steve Wynn the right to buy Mirage artworks below market prices. Wynn, chairman and chief executive of Mirage, has first right of refusal in any sale of art owned by Mirage or its subsidiaries, according to documents filed with the Securities and Exchange Commission. Wynn will leave Mirage after completion of its $4.4-billion sale to MGM, as early as this summer.
May 31, 2000 |
Mirage Resorts Inc. shareholders approved the company's $4.4-billion merger with MGM Grand Inc., ending casino mogul Steve Wynn's run at Mirage. At a meeting at Mirage's Bellagio hotel, Wynn praised his company's new owner, MGM Grand, which now becomes the second-largest gaming company in the United States.
May 6, 1992 |
Donald Trump offered to sell his three Atlantic City casinos in exchange for stock in Mirage Casino Hotel's parent company, the chairman of Mirage Resorts Inc. said Tuesday. Trump denied the report, saying Mirage officials were making false statements to get publicity on the shirttails of the Trump name. Steven Wynn, chairman of Las Vegas-based Mirage, told business owners in Bridgeport, Conn., that Trump made the offer on Monday.