Friday, March 27, 2009

Work Could Stop On City Center

Possible bankruptcy and a possible work stoppage at City Center is at the top of the Vegas news today.

Earlier this week Dubai World, a partial investor in City Center threatened legal action against MGM Mirage, and that has sent the entire $9 billion dollar project spinning. MGM Mirage has a loan payment due today and if it's not paid, the 8,500 people working on the project may be forced to stop work immediately.

Howard Stutz from the LV Review Journal has the latest.

http://www.lvrj.com/business/41964382.html

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