Jim Murren
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Wynn execs among highest paid in Vegas
May 29, 2010 20:00 EDT
With business volume in Las Vegas retreating to 2004 levels, compensation packages for the areaÕs highest-paid executives last year sunk to 2001 levels as incentive pay and stock-based compensation dried up in the recession.
FRIENDLY AND CLEAN SURE BEAT OUT MEAN
May 29, 2010 20:00 EDT
Las Vegas hotels getting the message that customer service should be a top priority in this economy. Ask frequent traveler Tom Slater which U.S. hotel provides him with the best customer service and he praises an Embassy Suites in Ohio over the many Las Vegas resorts he has stayed in.
Contractor to MGM: Drop subcontractors from spat
May 21, 2010 16:23 EDT
Contractor asks MGM Mirage to pay subcontractors caught in fight over $490M CityCenter bill. Tutor Perini Corp. is up for a showdown with casino giant MGM Mirage over $490 million in disputed bills for the $8.5 billion CityCenter, but the construction company's chief executive said Friday that he wants subcontractors to get paid first so they don't go out of business.
Nev. governor to meet with builder over CityCenter
May 10, 2010 20:21 EDT
Nevada governor to meet with CityCenter builder in dispute about $492 million unpaid bill. Gov. Jim Gibbons said Monday he plans to meet with the primary builder of the $8.5 billion CityCenter project to try to resolve a dispute with casino operator MGM Mirage over an unpaid bill for construction of the Las Vegas Strip complex.
Finding revenue through rewards|firms seek ways to hike profit
May 10, 2010 20:00 EDT
HarrahÕs Entertainment operates Total Rewards, a loyalty program itÕs leveraging, for example, to reap profits at properties that werenÕt as successful under previous owners. MGM Mirage CEO Jim Murren said last week heÕs working to boost his companyÕs players club to correct the Òcompetitive disadvantageÓ itÕs at in regard to customer rewards.
A glance at MGM Mirage's future
May 06, 2010 16:34 EDT
A glance at casino operator MGM Mirage's future, as detailed with 1st-qtr earnings report. Casino operator MGM Mirage said Thursday that it lost $96.7 million during the first quarter as it wrote down the value of its CityCenter joint venture and lost money on the complex's operation in its first full quarter.
CityCenter write-down pushes MGM Mirage to 1Q loss
May 06, 2010 16:10 EDT
MGM Mirage posts 1st-quarter loss, hurt by write-down on CityCenter, lower revenue. MGM Mirage's CEO said Thursday that, despite operating losses and a write-down on its CityCenter joint venture, the casino operator has solid plans to attract more customers to struggling Las Vegas.
THE SUNÕS MOST READ STORIES*
Apr 23, 2010 20:00 EDT
1. Blogosphere all in a tizzy over bartering for health care idea. Sue LowdenÕs campaign for U.S. Senate has hit a crisis this week.
MGM Mirage CEO Murren paid $13.75M in 2009
Apr 21, 2010 19:57 EDT
MGM Mirage CEO Murren paid $13.75M in 2009, first full year on job. MGM Mirage CEO Jim Murren got a $13.75 million pay package in 2009, his first full year as the casino operator's top executive, according to an Associated Press analysis of a regulatory filing the company made Tuesday.
A taxing problem
Apr 06, 2010 20:00 EDT
Republican candidates ignore the stateÕs problems in effort to get elected. A group of business leaders, government officials and scholars gathered Monday at UNLV to discuss NevadaÕs future. Bruce Katz of the Brookings Institution, which has been studying the Mountain West, brought the group together to talk about how Nevada could position itself for the Ònew economy.Ó
Innovation touted as a way out of recession
Apr 05, 2010 20:00 EDT
The auditorium at UNLV was filled about to capacity, some 150 business leaders, scholars and government people, gathered to discuss NevadaÕs future and how to pull it out of the Great Recession.
Six Questions: Bruce Katz
Apr 04, 2010 20:00 EDT
Vision for a new economy. Bruce Katz, vice president of the Brookings Institution, will speak at an invitation-only event today at UNLV. HeÕll also lead a panel that will include MGM Mirage CEO Jim Murren.
MGM Mirage NJ exit greases wheels for HK listing
Mar 18, 2010 08:04 EDT
LOS ANGELES/HONG KONG (Reuters) - MGM Mirage's plan to exit the mature Atlantic City market in favor of booming Macau removes a year of overhang from the company and should clear the way for a share offering in Hong Kong by June.
New Jersey OKs MGM plan to sell its Borgata stake
Mar 17, 2010 16:08 EDT
LOS ANGELES (Reuters) - MGM Mirage's plan to sell its stake in the Borgata casino in Atlantic City was approved on Wednesday by regulators after New Jersey authorities accused the casino operator of engaging with people connected to Chinese organized crime.
MGM Mirage to drop Atlantic City casino
Mar 13, 2010 12:02 EST
MGM Mirage has confirmed it will unload its stake in a US casino resort to settle a fight with US gaming regulators over the company's Macau business partner.
MGM Mirage to drop Atlantic City casino
Mar 13, 2010 11:09 EST
MGM Mirage has confirmed it will unload its stake in a US casino resort to settle a fight with US gaming regulators over the company's Macau business partner.
Contractor plans liens against CityCenter owners
Mar 12, 2010 19:24 EST
Contractor to seek $492M from owners of Las Vegas CityCenter; MGM Mirage, Dubai dispute amount. The primary contractor for the newly completed $8.5 billion CityCenter complex told the joint venture's owners that it intends to file mechanic's liens to collect on $492 million in construction bills, casino operator MGM Mirage said Friday.
MGM to leave NJ over questions about Asian partner
Mar 12, 2010 15:55 EST
MGM Mirage agrees to NJ's request to sell Borgata over ties to Asian casino mogul's daughter. MGM Mirage said Friday it will sell its 50 percent stake in Atlantic City's top casino and stop doing business in New Jersey rather than cut ties with the family of an Asian casino mogul that the state felt was too closely linked with organized crime.
Aria, Bellagio coexisting just fine, owner says
Mar 08, 2010 19:00 EST
During MGM Mirages fourth-quarter earnings conference call last month, the companys executives attempted to address questions that have dogged them since the recession began.
Help for gambling addicts is salvaged
Mar 08, 2010 19:00 EST
Last-minute lobbying led to the Legislatures surprise reinstatement of a portion of slot machine taxes earmarked for problem gambling treatment, education and research.
