MGM Mirage reports $750.4 million quarterly loss

MGM Mirage recorded a $750.4 million net loss in the third quarter due to $1.17 billion in non-cash impairment charges, most of which were related to the company’s investment in CityCenter. … The casino operator said this morning the net loss translated into a loss per share of $1.70 for the quarter that ended Sept. 30. In the same quarter a year ago, MGM Mirage reported net income of $61.3 million, or earnings of 22 cents a share.

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