Maybe it is just us, but putting up your Casino to cover your near-default debt, well, that just seems... strange somehow. Sure, it's a great (and nearly all-cash) business that could only please the lenders as security, but a posting...

As you know, we have been watching developments with respect to the fluid situation that is Las Vegas. It is not pretty, fellow hedonists, and we are worried that classless venues for deniable debauchery might go quietly into the night...

The Wall Street Journal points out that MGM is in full meltdown mode. MGM Mirage reported third-quarter net income fell 67% and said it was suspending plans to build new casino properties in Las Vegas and Atlantic City because of...

We have a soft-spot for Kirk Kerkorian. He flies. He owns casinos. He was married once for a month. He names his firms after his kids. He was alive during the Roosevelt administration. (The first one). So we looked the...