Anheuser-Busch Companies, Inc. - CIGNA Corporation - Norfolk Southern Corporation - Family Dollar Stores, Inc. - Kohl's Corporation
 |
|
| |
What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
|
|
|
| |
|
| |
Fortune 500 - Spot Number 449
Company Information
Name: MGM Mirage Inc
Industry: Casinos & Gaming
Description: MGM MIRAGE acts largely as a holding company and, through wholly owned subsidiaries, operates hotel, casino and entertainment resorts. The Company's operations consist of 12 wholly owned casino resorts and 50% investments in two other casino resorts, including the Bellagio, MGM Grand Las Vegas, The Mirage, Treasure Island, New York-New York Hotel and Casino, Boardwalk Hotel and Casino and Monte Carlo Resort & Casino (50% owned) in Las Vegas, Nevada; The Primm Valley Resorts in Primm, Nevada; Beau Rivage in Biloxi, Mississippi; MGM Grand Detroit; Borgata (50%-owned) in Atlantic City, New Jersey, and MGM Grand Australia in Darwin, Northern Territory, Australia. MGM generates a majority of its net revenues and operating income from the Las Vegas Strip resorts. In 2003, over 75% of its net revenues and operating income was generated by wholly owned Las Vegas Strip resorts.
Financial Summary: MGM MIRAGE is an entertainment, hotel and gaming company headquartered in Las Vegas, Nevada, which owns and/or operates, through subsidiaries, casino properties on three continents. For the 3 months ended 3/31/05, total revenues rose 13% to $1.20B. Net income from cont. opts. rose 13% to $111.1M. Revenues reflect higher room occupancy rates and increased food and beverage sales. Earnings also benefited from improved gross and operating margins.
Business Summary: MGM MIRAGE is a gaming company that owns and/or operates casino resorts on the Las Vegas Strip in Las Vegas, Nevada, through its wholly owned subsidiaries. These resorts include Bellagio, MGM Grand Las Vegas, The Mirage, Treasure Island, New York-New York Hotel and Casino, Monte Carlo Resort and Casino, and the Boardwalk Hotel and Casino. The Company's other Nevada resorts are Primm Valley Resorts and the golf resorts, Shadow Creek and Primm Valley Golf Club. MGM MIRAGE, through its wholly owned subsidiary, MGM Grand Detroit, Inc., and its local partners, formed MGM Grand Detroit, LLC, to develop a hotel, casino and entertainment complex in Detroit, Michigan. MGM Grand Detroit, LLC operates a casino in an interim facility in downtown Detroit. The Company also owns and operates Beau Rivage, a beachfront resort located in Biloxi, Mississippi. The Company also owns a 50% interest in a company that owns Borgata, a casino resort at Renaissance Pointe, located in Atlantic City, New Jersey.
Misc Details
Symbol: N/A
City: Las Vegas
State: NV
ZIP Code: 89109
Address: 3600 Las Vegas Blvd. South
Phone: 702-693-7120
Fax: 702-693-8626
Website: http://www.mgmmirage.com
|
| |
|
| |
|
Enterprise Products Partners - Wachovia Corporation - Stryker Corporation - Nationwide Mutual Insurance Co - The AES Corporation |