MGM Mirage wants to divest itself from its Atlantic City holdings by placing its 50 percent ownership stake in the Borgata resort and its vacant land into a trust arrangement. The proposal, now ...

atlantic city, n.j. -- MGM Mirage Inc. plans to build a mega-casino resort worth as much as $5 billion that will dwarf anything Atlantic City has seen before, the company said Wednesday.

MGM Grand Atlantic City will be Y-shaped -- like the Mirage, Mandalay Bay and Monte Carlo casinos in Las Vegas -- a shape most noticeable in an aerial view.

The project, which will be called MGM Grand Atlantic City, will cost between $4.5 billion and $5 billion, not including the land value and associated expenses, the company said in a statement.

ATLANTIC CITY — Gaming giant MGM Mirage Inc. will sell its 50 percent ownership of Borgata Hotel Casino & Spa in a settlement with New Jersey regulators over concerns that ...

MGM Mirage is laying the groundwork for an initial public offering on the Hong Kong Stock Exchange. RJ ESPAÑOL VIEW E-EDITION. SUBSCRIBE. Support local journalism. Only 99¢ per month.

CHICAGO (MarketWatch) -- MGM Mirage is taking its building spree on the road, announcing Wednesday that it plans to construct a gambling, hotel and retail complex for $4.5 billion to $5 billion in ...

The MGM Grand Atlantic City will be located on the 72-acre site at Renaissance Pointe already owned by the company. The land is adjacent to the Borgata, which is 50% owned by MGM Mirage.

NEW YORK (MarketWatch) -- MGM Mirage is expected to unveil plans Wednesday for a new $5 billion resort in Atlantic City, N.J., according to a report in The Wall Street Journal. The MGM Grand ...

It plans a mega-resort even as the Northeast gaming capital faces increased competitionATLANTIC CITY When Las Vegas-based MGM Mirage announced earlier this month it was going to spend between $4.5 ...