 | MGM Mirage unleashed a series of financial initiatives aimed at bolstering its balance sheet -- and signaled its Bellagio and Mirage hotel-casinos won't be sold anytime soon.
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As revenue at Atlantic City casinos continues to plunge, a new competitor will enter the market later this month when the Sands Bethlehem Casino opens its doors in nearby Pennsylvania.
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MGM Mirage placed 143 million shares of common stock on the market last week as part of an effort to raise $2.5 billion.
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Philanthropist Terrance Watanabe is accusing Caesars Palace and the Rio of providing him with alcohol and -- in the case of Caesars Palace -- prescription painkillers as his losses increased.
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Steven Kent of Goldman Sachs told investors a number of risks continue to persist surrounding the stocks of Las Vegas-based casino operators.
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The casino giant indicated to Bloomberg News that it will cut another 3,000 to 4,000 jobs in Macau.
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A bill to legalize Texas poker rooms is on life support and a bill aimed on expanding casino gambling died in the House.
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The four Kansas City casinos' monthly take grew to $61 million in April, up 3.4 percent from last year.
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