MGM Mirage and Atlantic City

Due to the newest news, Mark Juliano has surrendered the MGM Mirage Atlantic City Project. He stated: “I am delighted to have participated in the project’s development to this point and look forward to its completion. However, given the frame of opening, I decided to pursue more immediate opportunities.” What is the belief of the Chief Executive Officer of MGM Grand Resorts, John Redmund about the Juliano’s decision? He had this to comment: “Mark has done a splendid job for us and we wish him well in his new ventures.” Due to Mr Redmund, the plans for the new MGM Mirage assuming are still the same and will come true. He continued: “We expect MGM Mirage’s new casino resort, located at Renaissance Pointe, to be completed in 2005.” Mr Juliano has been operating for the company for just over two and a half years. MGM is an amusement, hotel and gaming industry, headquarter is placed in Las Vegas. It is the owner of 18 casino properties on three continents. Amongst its US properties there are: Bellagio, the MGM Grand Hotel and Casino- The City of Entertainment, the Mirage, Treasure Island, New York- New York Hotel and Casino, the Boardwalk Hotel and Casino and 50% of Monte Carlo, all situated on the Las Vegas strip; the Golden Nugget in Downtown Las Vegas; Whiskey Pete’s, Buffalo Bill’s, the Primm Valley Resort and two championship golf courses on California/Nevada state line.