Time Warner Inc. might offer as much as $1.5 billion dollars for MGM, according to Bloomberg News.
What do you get for that?
Well, a 4,100-title library, the James Bond franchise, the Pink Panther franchise, part of the upcoming Hobbit movie, some television channels, and the rights to the show Stargate.
Last year, Read More
Manhattan in Las Vegas.
Las Vegas has had a bad night these last few years. From one gamble to the next, the city keeps plunking down vast sums of money on new construction, and then can’t drive themselves home.
Somehow this is called ‘Manhattanization,’ in our favorite trade gem, McGraw-Hill Construction News. Read More
On the eve of Steve Wynn’s resignation as chairman and chief executive of Mirage Resorts Inc., Advance Publications Inc.’s chairman S.I. Newhouse Jr. boarded his corporate jet en route to Las Vegas. When he arrived, he would share Mr. Wynn’s last supper at the Picasso restaurant in Mirage’s crown jewel, the Bellagio Resort on the Read More
BLOOMBERG NEWS–Steve Wynn seems to have hit on a unique strategy to increase his compensation: Perform so badly that your company attracts an unwanted suitor.
It’s not as though Mr. Wynn, chief executive of Mirage Resorts Inc., the Las Vegas-based hotel and casino operator, hasn’t been provided sufficient motivation. On Dec. 31, 1999, the Read More
Calling himself the single highest payer of art sales taxes in Nevada, casino magnate Steve Wynn explained how easy it was to negotiate Nevada’s sales tax on art lower than other place in the country. A change that, so far, has been applicable exclusively to Mr. Wynn.
“All I did was suggest to the Nevada Read More
Calling himself the single highest payer of art sales taxes in Nevada, casino magnate Steve Wynn explained how easy it was to negotiate Nevada’s sales tax on art lower than other place in the country. A change that, so far, has been applicable exclusively to Mr. Wynn.
“All I did was suggest to the Nevada Read More
