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Vol. 7 No. 10, October 2008, Nutshell

CityCenter in Las Vegas

By GGB Staff   Wed, Oct 01, 2008

MGM Mirage has all but $700 million in funding necessary to build the $9.2 billion CityCenter in Las Vegas. The company recently announced that it secured $2.3 billion of the $3 billion outstanding on the project, but MGM Mirage President Jim Murren said financing would be completed by the end of September. Murren said the company has commitments for the outstanding funds, and is negotiating with banks in what he described as “a spirited debate over pricing.”

By GGB Staff

GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.

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