LAS VEGAS (AP) — MGM Resorts CEO Jim Murren says a new internal company plan is expected to cut costs and boost revenue to bring in an additional $300 million annually in earnings before taxes and other costs to pay down debt.
San Francisco based MacroView Labs recently developed and released five different iPhone apps for various MGM Mirage properties. So how have apps changed the way Las Vegas businesses market their properties? We talk with MacroView CEO, Aron Ezra about the increasing use of apps across the country and in Las Vegas.
Hedge Fund chief John Paulson has recently bought significant stakes in three Las Vegas casino companies. Paulson has become notorious recently because he persuaded Goldman Sachs to allow him to bet against mortgage bonds.
MGM Mirage has refused to pay the Perini Building Company, general contractor on the CityCenter project, and the dispute has now ended up in court. Neither side will comment on the litigation but Perini is pushing politicians such as Gov.