MGM Mirage says auditors question its ability to stay in business
MGM Mirage, the Las Vegas casino operator controlled by billionaire Kirk Kerkorian, said auditors questioned its ability to stay in business as it won a two-month bank reprieve to restructure its debts.
MGM Mirage, the Strip's biggest casino operator and the state's largest private employer, could be facing a bankruptcy filing if it can't renegotiate better repayment terms with its lenders covering some $7 billion in loans.