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   Non-TechMGM Grand Hotel and Casino Symbol MGG


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To: Whisperer! who wrote (90)4/20/1999 1:40:00 AM
From: miklosh
   of 96
 
biz.yahoo.com

snipped from the above article:

MGM Grand (NYSE:MGG - news) reports that its flagship property in Las Vegas, MGM Grand Hotel and Casino -
The City of Entertainment is experiencing record first quarter 1999 occupancy of 96.5% vs. 90.6% in the
comparable 1998 period, with average daily rates-to-year.

Occupancy rates at the company's New York - New York Hotel and Casino are currently 97.8% compared with
88.9% in 1998. Others in this industry group include Trump Hotels (NYSE:DJT - news), Circus Circus (NYSE:CIR
- news), Mirage (NYSE:MIR - news), Harrahs (NYSE:HET - news), Hilton (NYSE:HLT - news), Park Place Ent.
(NYSE:PPE - news), Caesars/Starwood (NYSE:HOT - news).

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To: miklosh who wrote (91)6/10/1999 4:53:00 PM
From: miklosh
   of 96
 
Alert: Mgm Grand Sets $50 Per Share Tender for 6 Mln of its Common Shrs - Reuters

biz.yahoo.com

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To: miklosh who wrote (92)6/24/1999 12:30:00 PM
From: miklosh
   of 96
 
ESPN's ESPY Awards to Make Las Vegas Debut At MGM Grand on
February 14, 2000

LAS VEGAS, June 23 /PRNewswire/ -- The annual review of the best performers, performances and highlights in
sports, ESPN's ESPY Awards, will take the stage at the MGM Grand, ''The City of Entertainment,'' on Monday,
February 14, 2000 at 4:30 p.m. PST. This event marks the first time that the annual ceremony bringing together stars
of the sports and entertainment world will be held in Las Vegas.

''We are ecstatic about becoming the new home of ESPN's ESPY Awards,'' said Bill Hornbuckle, MGM Grand's
president/chief operating officer. ''The ESPY Awards is the greatest night in sports/entertainment and provides us
the opportunity to continue to play an integral role in hosting such world-class events. The MGM Grand and ESPN
look forward to introducing this event to Las Vegas, the entertainment capital of the world.''

ESPY Awards are given to the Performer of the Year in a variety of professional and college sports; nine
Cross-Cutter categories have nominees from all sports. Nominees are chosen by the ESPY Select Nominating
Committee, a blue-ribbon panel of sports executives, journalists and retired athletes. Winners are decided by the
ESPY Finalist Committee made up of current athletes and ESPN/ABC commentators and personnel. In addition, the
Arthur Ashe Award for Courage is presented to an individual whose contributions transcend all of sports.

''After seven great years in New York, we have an excellent opportunity to present the show in an exciting new
venue,'' said ESPN President George Bodenheimer. ''Like the ESPYs, Las Vegas has been evolving. It's now more
than an entertainment capital, becoming more popular with vacationers and families every year and the MGM Grand
provides a world-class entertainment setting.''

The many celebrities who have taken part in the ESPYs include David Letterman, Bill Cosby, Denzel Washington,
Dustin Hoffman, Billy Crystal, Hootie and the Blowfish, Ben Affleck, Matt Damon, Rosie O'Donnell, Dennis Franz,
Keri Russell, Dylan McDermott, Bill Murray, Tim Robbins, Susan Sarandon, Robert Goulet, Matthew Broderick,
Sarah Jessica Parker, Chris Rock, Vivaca A. Fox, Lyle Lovett, Ray Charles, and others.

Samuel L. Jackson hosted the 1999 telecast. Previously, Dennis Miller, John Goodman, Norm Macdonald, Jeff
Foxworthy, and Tony Danza have hosted the event.

A portion of the proceeds from the ESPYs are given to The V Foundation, established at the inaugural ESPYs in
1993 by ESPN with the late Jim Valvano to raise funds for cancer research. Ticket prices and an on-sale date for the
event will be announced at a later date.

The 2000 ESPY Awards is being presented by ESPN in association with the MGM Grand, ''The City of
Entertainment.'' The MGM Grand boasts 5,005 rooms and suites, the Studio 54 nightclub, ''EFX'' starring nine-time
Tony Award winner Tommy Tune, signature restaurants and chefs, and the new must-see Lion Habitat. The
17,157-seat MGM Grand Garden Arena features mega concerts as well as special events including the Barbra
Streisand Millennium Concert, Andre Agassi's annual Grand Slam for Children Benefit, the Fox Billboard Music
Awards, along with championship boxing.

SOURCE: MGM Grand

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To: miklosh who wrote (93)10/23/2001 7:48:11 PM
From: ivand
   of 96
 
Really quiet on here for a very long time. I like MGG's solid earnings and low P/E relative to other players in this industry. I don't think gambling or Los Vegas will ever go away, and I like MGM's focus on very lucrative markets. The charts indicate that the stock is oversold right now--any thoughts on price action in the short and long term?

Ivan

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To: ivand who wrote (94)11/7/2001 12:26:47 AM
From: miklosh
   of 96
 
Hi Ivan.
Sorry I didn't reply sooner. I sold a while back @32. I'm thinking tech will do better for the near term.

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From: nickholder112311/8/2012 6:35:12 PM
   of 96
 
News shocked MGM



After the big loss in Q3, MGM Resorts International’s stock price dropped down a little bit. However, MGT Capital Investments (MGT) just announced that it is suing the big casino companies like MGM Resorts, Caesars Entertainment, WMS Gaming, Penn National Gaming and Aruze Gaming America for patent infringement. According to a MGT investor presentation, this case could generate between $330 million and $4.5 billion over the life of the patent (10 years). It will definitely shock the casino industry, but not for MGT, this case makes them can have chance to double their stock price.

Slot machines are the most popular gambling method in casinos and generate about 70% of the average US casinos' income and don’t forget one thing, casinos replace their gaming devices about every seven years, and the last replacement cycle began in 2001, it should be 2008 next cycle, but we were hit by financial crisis, casinos just put their investment on hold, once the economy turns around, MGM would spend more money on it. Wise investors should have their own judgement on this case.

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