MGM Mirage

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MGM Mirage, based in Las Vegas, Nevada, USA, is one of the largest gambling companies in the world, having 26 partially or wholly owned properties, including Las Vegas' MGM Grand, Luxor, Bellagio, The Mirage, New York-New York, and the Monte Carlo. Other casinos are Mandalay Bay, Treasure Island, Excalibur, and Circus Circus Las Vegas. It owns the golf courses Shadow Creek, Fallen Oak, and Primm Valley Golf Club. It has casinos in about six Nevada cities as well as in Michigan and Mississippi. Competitors are Harrah's Entertainment, Las Vegas Sands, and Trump Resorts. Billionaire Kirk Kerkorian, founder and board member, owns about 56% of MGM Mirage. MGM Mirage is a subsidiary of Kirk Kerkorian's Tracinda Corporation. [1] [2] [3]

Political contributions

MGM Mirage gave $198,593 to federal candidates in the 2006 election through its political action committee - 44% to Democrats and 54% to Republicans. [4]

Lobbying

The company spent $300,000 for lobbying in 2006. One lobbying firm was used - Cassidy & Associates. [5]

Personnel

Key executives and 2006 pay:[6][7]          Options
exercised
J. Terrence Lanni, Chairman and Chief Executive Officer    $15,687,121    $21,938,199
James J. Murren, Chief Operating Officer    $6,400,000    $7,680,000
Robert H. Baldwin, Chief Design and Construction Officer    $6,400,000    $32,010,000
Gary N. Jacobs, Secretary and General Counsel    $2,980,000    $8,560,000

Selected members of the Board of Directors: [8]

Contact details

3600 Las Vegas Boulevard South
Las Vegas, NV 89109
United States
Phone: 702-693-7111
Fax: 702-693-8626
Web: http://www.mgmmirage.com

References

  1. MGM Mirage Profile, Hoovers, accessed November 2007.
  2. MGM Mirage Profile, Yahoo Finance, accessed November 2007.
  3. "Tesoro Will Consider Kerkorian Offer", Forbes, October 29, 2007.
  4. 2006 PAC Summary Data, Open Secrets, accessed November 2007.
  5. MGM Mirage lobbying expenses, Open Secrets, accessed November 2007.
  6. MGM Mirage Key Executives, Yahoo Finance, accessed November 2007.
  7. J. Terrence Lanni, Forbes, accessed November 2007.
  8. Board of Directors, MGM Mirage, accessed November 2007.