{"id":815,"date":"2009-02-27T15:53:00","date_gmt":"2009-02-27T23:53:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2009\/2\/27\/MGM-Mirage-Uhoh-Off-the-box"},"modified":"2009-02-27T15:53:00","modified_gmt":"2009-02-27T23:53:00","slug":"mgm-mirage-uh-oh-off-the-box","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/mgm-mirage-uh-oh-off-the-box\/","title":{"rendered":"MGM Mirage: Uh-oh; &quot;Off the box&quot;"},"content":{"rendered":"<p>Following in the footsteps of <strong>Station Casinos<\/strong> and <strong>Harrah&apos;s Entertainment<\/strong>, now <strong>MGM Mirage<\/strong> is <a href=\"http:\/\/www.lasvegassun.com\/news\/2009\/feb\/27\/mgm-mirage-wants-tap-45-billion-credit\">drawing its revolver<\/a>, so to speak, to fund operating expenses. This is never a good sign. Earlier this week we learnt that all of <strong>Kirk Kerkorian<\/strong>&apos;s <strong>Tracinda Corp<\/strong>. stock (53% of MGM shares) has been pledged against <strong>CityCenter<\/strong>. I was guardedly optimistic about MGM&apos;s future, but now &#8230; ?<\/p>\n<p>At least if what <em>LVA<\/em> is hearing about <strong>Fontainebleau<\/strong> is true, MGM won&apos;t have to worry about competition from F&apos;bleau for as much as 10 weeks after <strong>Aria<\/strong> opens.<\/p>\n<p><strong>&quot;Off the box&quot;<\/strong>: That&apos;s the new coinage for describing public figures who go from being seen as assets to liabilities. It was inspired by <strong>Kellogg&apos;s<\/strong> dumping of <strong>Michael Phelps<\/strong> after those bong photos surfaced.<\/p>\n<p>In the gaming sector, the obvious &quot;off the box&quot; candidate is <strong>Donald Trump<\/strong> &#8212; so obvious, in fact, that Trump is trying to <em>get himself<\/em> off the box, demanding that <strong>Trump Entertainment Resorts<\/strong> become Something Else Resorts. Another OTB candidate might be <a href=\"http:\/\/vegasblog.latimes.com\/vegas\/2009\/02\/no-more-claims.html\">former <strong>Cirque du Soleil<\/strong> wunderkind<\/a> <strong>Criss F. Angel<\/strong>.<\/p>\n<p>Anybody else?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following in the footsteps of Station Casinos and Harrah&apos;s Entertainment, now MGM Mirage is drawing its revolver, so to speak, to fund operating expenses. This is never a good sign. Earlier this week we learnt that all of Kirk Kerkorian&apos;s &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/mgm-mirage-uh-oh-off-the-box\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[80,42,14,59,7,11,57,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/815"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=815"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/815\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}