MGM MIRAGE Announces Proposed Private Placement of Senior Unsecured Notes

LAS VEGAS, Sept. 17 /PRNewswire-FirstCall/ — MGM MIRAGE (NYSE: MGM) today announced that it proposes to make a private placement of $350 million in aggregate principal amount of senior unsecured notes due 2018. The Company plans to use the net proc

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Fri, September 18th, 2009

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Interesting gambling facts:

  • The Gold Rush brought a huge increase in the amount and types of gambling to California. San Francisco replaced New Orleans as the center for gambling in the United States.
  • The major differences between regular poker and video poker is that you are playing against a machine rather than real people, and your goal is to achieve particular hands rather than beat opponents hands.
  • A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
  • The Great Wall of China was financed, in part, by a lottery. The Bible is replete with references to drawing lots. Lot casting was a favored means of communication between man and god.