Trading Outlook for MGM Mirage Issued by InvestorSoup.com

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DALLAS, Oct. 30, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring MGM Mirage (NYSE:MGM). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on MGM Mirage (NYSE:MGM) should be of particular interest to other casino and gaming companies: Las Vegas Sands Corp. (NYSE:LVS), Boyd Gaming Corp. (NYSE:BYD), Penn National Gaming Inc (Nasdaq:PENN) and Isle of Capri Casinos Inc. (Nasdaq:ISLE).

It is available at: http://www.investorsoup.com/lp/MGM

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MGM Mirage (MGM) is engaged in gaming and resort operations. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities. As of December 31, 2008, the Company's operations consisted of 17 wholly owned casino resorts and 50% investments in four other casino resorts. The Company owns and operates casino resorts in Las Vegas, Nevada, which include Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Treasure Island (TI), New York-New York, Excalibur, Monte Carlo, Circus Circus Las Vegas and Slots-A-Fun.

Message Board Search for MGM: http://www.boardcentral.com/boards/MGM

In the report, the analyst notes:

"MGM's net revenue decreased 17% on a same store basis in the three months ended June 30, 2009, compared to the prior year quarter, reflecting the overall continued weakness in room rates and lower spending levels by its customers. For the six-month period, revenues decreased 18%, as the first quarter also saw significant near-term convention cancellations. The convention cancellations forced the Company to shift hotel business to the leisure segment at lower rates to maximize occupancy levels. Gaming and other sources of revenue continues to be impacted by lower visitor spending and reduced occupancy at MGM resorts during 2009.

"MGM recently announced that it expects to record a pre-tax non-cash impairment charge of approximately $955 million related to its investment in CityCenter; such charge will be reflected in the Company's statement of operations for the third quarter."

To read the entire report visit: http://www.investorsoup.com/lp/MGM

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InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com

InvestorSoup.com Disclosure

InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.

CONTACT:  InvestorSoup.com
          Jeffrey Brown, Editor
          (469)-252-3505
          info@investorsoup.com

GlobeNewswire, Inc.2009

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