MGM_Mirage

MGM Mirage 3799 Las Vegas Blvd. S. Las Vegas, NV 89109 http://www.mgmmirage.com (mgmmirage.com, 2001) MGM mirage is the second largest gaming firm in the world, formed when MGM Grand acquired Mirage Resorts in 2000. It was incorporated in Delaware in 1986 and employs roughly 39,000 full-time employees. (Hoovers, 2001) Top Management Team (Standard & Poors, 2001) n Chairman and CEO J. Terrence Lanni n Vice Chairman Daniel M. Wade n President, CFO, and Director James J. Murren n EVP, General Counsel, and Director Gary N. Jacobs n SVP, Secretary, and Treasurer Scott Langsner Subsidiaries (Hoovers, 2001) n Metro-Goldwyn Mayer Inc. Santa Monica, CA n Atlandia Design and Furnishings Las Vegas, NV n Boardwalk Casino Inc. Las Vegas, NV n Primadonna Corp Jean, NV n Primadonna Resort & Casino Jean, NV Products and Services n Hotels and Resorts n Gaming n Entertainment SIC Code (Standard & Poor’s) n 7996 Amusement & Theme Parks NAICS Code n 713110 Amusement & Theme Parks Stock (Money Central, 2001) n Traded on the NYSE n Stock Ticker MGG n Current Price as of 9/10/01 28.31 n 12 Month Low on 3/22/01 22.50 n 12 Month High on 9/29/01 38.81 Key Events (Hoovers, 2001) n 1970 Billionaire Kirk Kerkorian purchased Metro-Goldwyn-Mayer movie studio and began acquiring property in Las Vegas to build the city’s largest hotel. Due to financial difficulties he was forced to sell the new hotel but he kept the MGM name and used it for MGM Grand hotels in Las Vegas and Reno n 1987 Mr. Kerkorian took the mgm, mirage, information, dollars, billion, harrah’s, company, resorts, harrah's, 2001, retrieved, million, debt, casino, vegas, site, page, las, increased, icon, acquisition, 9/10/01, 2000, took, revenue, report, nv, hoovers, grand, financial, both, annual, year, web, very