According to news reports, Marcus Jordan indicated on the social network site that he had spent $35 thousand at Haze, a nightclub at the Aria Resorts and Casino inside MGM’s CityCenter complex.

Marcus and his brother Jeffery were in town with their Father Michael Jordon who was hosting a fantasy basketball camp at the Mirage.

Alan Feldman a spokesman for MGM acknowledged the incident and said that they were looking into the matter.

The Nevada Gaming Control Board is also reportedly looking into the matter. Board member Randall Sayre said that MGM had reported the incident and was trying to determine “where the system broke down”.

Sayre added that they expected a full report to be turned in within the next two weeks.

More than 1,500 guests were evacuated from the resorts five pools and more than 100 reported having breathing problems after a valve controlling the flow of sodium hypochlorite to the lazy river malfunctioned and did not shut off properly.

Staff members were alerted of the problem shortly after 1 pm when guest started complaining of difficulty breathing, they were immediately evacuated and 10 ambulances and the hazmat team responded.

Richard Brenner hazardous materials coordinator with the Clark County Fire Department said that the chemical went into the water and fumes in the air had made guests sick but expected them all to be ok.

While the leak only affected the lazy river pool, all of the resorts five pools were closed to error on the side of caution.

After approximately three hours the water was tested and determined to be safe and hazmat crews allowed the pools to be reopened at approximately 4:30 pm.

Reports surfaced this week that Lorenzo Creighton, President and Chief Operating Officer of MGM Grand Detroit has resigned.

While, Yvette Monet, a spokeswoman for MGM Resorts International did not elaborate on when Creighton will be leaving or comment on his departure; reports have said that he will be joining another gaming venture.

Rumor has it that Creighton will be joining Gateway Casinos out of Vancouver Canada as Chief Executive Operator and hold an ownership stake.

Creighton said only that his decision to leave the position he has held at MGM Grand since 2008 “was a tough decision”.

“But I’m making the right move.” Creighton added.

According to reports from the Michigan Gaming Control Board, MGM Grand Detroit is the state’s largest casino generating $548 million in revenue last year.

According to a recent news report, Reuters said to have obtained a document issued to creditors in which the state-owned conglomerate asked for creditors to sign off on an eight year plan to sell off a number of its assets in order to pay down its debt.

Among a portion of the assets listed that may generate a combined total of $7.6 billion in five years, according to the Reuters report, was Dubai Worlds stake in MGM Resorts International.

Through the partnership formed in 2007, Dubai World put up half of the financing cost on the $8.5 billion City Center Project making them a 50/50 venture. Dubai World also holds $275 million worth of the company’s stock.

“He is betting on a recovery of Las Vegas, and we are the most leveraged bet,” MGM Resorts Chairman and Chief Executive Officer Jim Murren commented previously.

In May, Paulson disclosed that during the first quarter of 2010 he had purchased 40 million shares of the casino operator at an average price of $11.35 per share.

According to a recent Securities and Exchange Commission filing the billionaire investor has purchased additional 3.8 million shares of the gaming company at an average price of $13.33 a share making him the second largest shareholder.

With the recent purchase Paulson now holds 43.8 million shares or 9.5% of MGM Resorts, second to founder Kirk Kerkorian who holds a 37% stake in the company through Tracinda Corp.

Paulson still falls below Nevada’s requirements making it necessary to hold a state gaming license for MGM.

The owners behind the nightclub have been forced out, following a judge’s ruling that Rumjungle did not show ample reasons why rent payments were withheld from MGM and that the opening of the Evecandy Lounge did not violate the lease contract and should not have caused financial issues for the club.

Earlier this year, Rumjungle filed for bankruptcy protection in an attempt to delay its eviction, however MGM was able to have the case dismissed proving that their claims were invalid.

The eviction is costing MGM $100,000 in bond, which the judge ordered the gaming giant to put up as security. Rumjungle is appealing the ruling and if overturned, the bond will be used to pay damages to the nightclub owner.

In the meantime, Mandalay Bay executives are evaluating new concepts and considering turning he space into a restaurant lounge.

After seeing the Bellagio Lavender mattress displayed at the Las Vegas World Market Center, MGM filed a lawsuit against Magniflex’ seeking a court order that would prohibit them from using the Bellagio name.

Attorneys for MGM’s Bellagio Hotel and Casino said in the court papers that the Bellagio Resort sells the same private labeled mattresses made by Serta that the Bellagio uses in their hotel rooms and that Magniflex’s brand could be confused by consumers as the same product.

The lawsuit also revealed that the Bellagio has been in talks with a third party to license the Bellagio trademark for mattresses that would be sold in retail stores.

Magniflex’s U.S. offices released a statement shortly after the lawsuit was filed on Wednesday stating that they felt the lawsuit was “without merit” and that their brand was a dramatically different product and has been sold overseas since 2009 and denied that they were aware of any pending trademark on the name.

Last November the casino operator filed a lawsuit against Katzin for the use of a website that MGM claims infringed on its famous New York New York brand. The website showed trademarked photo’s of the property and linked to the Expedia search engine, which Katzin claims MGM approved. Katzin said that the site NewYorkNewYork.com was often mistaken for the resorts official website and that he thought the photo and link would help.

While Katzin says he purchased the internet domain name in 1996, prior to the famous Las Vegas casino opening, the U.S. District Judge awarded MGM the website domain as well as $101 thousand in damages that includes a $100,000 fine for violating the Anti-cybersquating Consumer Protection Act.

The joint venture, MGM Grand Paradise, has entered into a new senior secured credit facility that will provide $950 million to refinance debt and provide added liquidity.

The new credit facility consists of a US $550 million (HK$4.290 billion) term loan and US $400 million (HK$3.120 billion) in revolving credit maturing in July 2015.

MGM Resorts International released its second quarter financials last week and reported that the Macau operation contributed more than $18 million to its total earnings.

MGM Grand is hoping to gain regulatory approval to pursue a second casino resort in the city in the near future.

“We are starting to assert ourselves.” Jim Murren said. “We will have more properties in Asia over time.”

The fast pace of Macau has helped rival casino operator’s bridge the gap; however MGM’s write off on its newest strip venture sent earnings into the red.

“The Las Vegas operating environment remains difficult, but as we expected, we are seeing a gradual recovery,” said Jim Murren, chief executive.

For the second quarter, MGM lost $883.5 million, after accounting for one-time items including a $1.12 billion write off of the City Center, MGM lost $0.35 a share; drastically higher than analysts’ expectations of $0.24 a share.

MGM’s loss on the massive $8.5 billion City Center project narrowed on signs of stabilization by 39%, however available room revenue fell 2%.

MGM will release second quarter earnings at 8 a.m. tomorrow, with Wall Street analysts estimating a narrower loss of $0.24 a share on revenue of $1.5 billion.

In the first quarter of the year, MGM reported a net loss of $0.31 a share falling below analyst’s predictions.

Since then the company has began selling of portions of the casino resort co-owned with Boyd Gaming in Atlantic City as a part of a settlement reached earlier this year to trade in its gaming license for the fast pass of Macau.

MGM also changed its name during the quarter from MGM Mirage in order to change its focus to foreign operations.

The second largest gambling company in the world is hoping that its growth in Macau and contracts through its hospitality division will help to plug the hole that U.S. markets like Atlantic City and Las Vegas have caused over the past few years.

Share of MGM closed today’s trading session at $11.27.

Analysts at Citi have expressed concerns that investor confidence may be shaken following the news that HSBC has pulled their commitment of $100 million towards a syndicated loan at MGM Grand Macau and will no longer participate in the upcoming IPO on the Hong Kong Stock exchange later this year.

Citi’s analysts also expressed concerns that although Las Vegas resorts have experienced five consecutive months of average daily rate increases and an increase in convention traffic, MGM continues to absorb the cost of too many available rooms since opening CityCenter.

However Citi has raised its Price Target on shares of MGM from $9 to $9.90.

MGM stock price has once again broken through the $11 mark during the morning hours, up 1% from yesterday’s closing price that fell to $10.99. The stock has seen a high for the month of $11.43, reached during yesterday’s session and a low of $9.09 reached on July 1.

The New Jersey Casino Control Commission questioned the suitability of MGM’s Macau partner and raised the issue whether or not MGM should continue to be licensed in the state. In an unsuccessful attempt to limit the commission’s findings to other gaming jurisdictions MGM agreed to sell its 50% interest in the Borgata, co owned with Boyd Gaming and all related land.

The deal announced this week between MGM and Vornado Realty Trust and Geyser Holdings can result in the sale of 11.3 acres of the 96 acres owned by MGM for approximately $73 million if approved by the New Jersey commission.

After the deal, MGM will still own 85 acres of developable land. The deal expected to close in the fourth quarter will not affect Boyd Gaming or the operation of the Borgata.

A newspaper out of Asia reported that an unnamed source close to bank operations has said that HSBC will no longer work with MGM as a joint global coordinator of the planned IPO.

The source stated that HSBC has withdrawn from the $850 million loan for the Macau operation. Earlier reports from MGM had HSBC working closely on coordination and promotion of the listing and committing $100 million towards the deal.

While the withdraw was unexpected the source says that the IPO will not be effected.

“We are oversubscribed by enough that one or two banks can walk away and the deal will still get done,” the source was quoted as saying.

John McManus has been promoted from Senior Vice President, Acting General Counsel and Secretary to the role of Executive Vice President, General Counsel and Secretary, responsible for overseeing the department and providing legal advice to the senior management team and board of directors.

William “Bill” Scott previously Senior Vice President and Deputy General Counsel will now fill the role of Executive Vice President, Corporate Strategy and Special Counsel where he will provide leadership to the structuring of financial transactions, develop strategic initiatives and maintain relationships with financial institutes.

Phyllis James has been promoted from Senior Vice President, Deputy General Counsel and Chief Diversity Officer to Executive Vice President, Special Counsel-Litigation and Chief Diversity Officer responsible for litigation as well as continuing her role in the company’s Diversity Initiative.

“We are fortunate to have an abundance of talent, experience and insight in our legal department,” said Jim Murren, Chairman and Chief Executive Officer, MGM Resorts. “With these promotions, we’ve streamlined this vital function and are prepared to meet the needs of our future growth.”

12 MGM properties were rated with high marks including 11 in Las Vegas and 1 in Michigan.

ARIA and Vdara at CityCenter, which have also received LEED Gold Certification for sustainable design and construction by the U.S. Green Building Council were rated the highest with five “keys”, followed by the Bellagio, Excalibur, Luxor, Mandalay Bay, MGM Grand Las Vegas, The Mirage, Monte Carlo and New York-New York all receiving four key ratings. Circus Circus Las Vegas and MGM Grand Detroit were awarded three key ratings.

Cindy Ortega, energy and environmental services executive for MGM says that the company is committed to sustainable green operations and holds the philosophy of “Conserve Today, Protect Tomorrow” that includes efforts to use natural resources, sustainable construction and renovation, waste management, sustainable procurement, and communication and education.

The Clark County District Court Judge ordered MGM to allow Perini back on the site of the allegedly defected hotel tower at the center of the Las Vegas CityCenter. The 27 story building remains the only structure incomplete at the mega multi-billion dollar complex and is the reason MGM has withheld $490 million from Perini.

After being escorted off the grounds, Perini sued the casino operator for the unpaid bills; MGM counter sued saying that Perini’s work was defective and they were owed more than the amount in question.

The dispute has now come down to whether or not Perini has the rights to fix the damages.

“Hopefully, the judge will allow us to make the corrections so the building can be used for its intended purpose as a hotel.” said Perini President and CEO Craig Shaw “Once this goes away, they have no argument”.

“Perini has no contractual right to repair” responded MGM Resorts spokesman Alan Feldman “Perini has failed or refused to timely correct or repair the defective work within the acceptable time frame despite having knowledge of the defects. Perini’s defective work is a noncurable default under the construction agreement.”

In May, the global gaming operator released a number of apps for its Mandalay Bay, MGM Grand and New York-New York resorts and casinos featuring an array of photos, videos and resort information, allowing users to book hotel stays and dinner and show reservations.

On Monday, MGM officially launched an App for the ARIA Resort & Casino at the Las Vegas CityCenter that allows users to navigate through the property offering Maps of the property, restaurant menus, a list of nightlife offerings, contact information, news, weather and even access special offers and Players Club information.

Additional Apps are currently underway for other MGM Resorts International properties from Las Vegas to Macau.

MGM has said that they are actively pursuing a number of deals aimed at developing non-gaming MGM Grand, Bellagio and Skylofts brand properties, within , Sanya, Chengdu and Tianjin, China; Cairo and Sharm El-Sheikh, Egypt; Abu Dhabi and Dubai, United Arab Emirates; and Ho Tram, Vietnam. The MGM Grand Sanya on Hainan Island is scheduled to open in September 2011 and will be MGM’s first non casino project to be completed.

“There’s a growing appetite globally to bring the refined luxury, excitement and service standards synonymous with the MGM brand to leading international hotel and resort destinations,’’ said Michael Evans, MGM Hospitality Executive Vice President of Global Development.

With the new appointments, Michael Sagild will direct MGM Hospitality’s Asia-Pacific development activities from Hong Kong and David Vely will pursue new opportunities for MGM Hospitality in the Middle East/North Africa region from Dubai.

The payment comes almost 15 years after a deal between Mirage Resorts Inc, formerly owned by Steve Wynn, and Atlantic City resulted in a massive cleanup of a landfill in the Marina District that now houses the Borgata Resort.

State Legislation was enacted that allowed Mirage Resorts to recoup $20 million of the cleanup cost, even though the resort was never built. However under the terms of the deal the resort was expected to reimburse the city $8 million.

In 1998 the city received a $1.9 million payment from the resort, however when the payments from the state stopped, so did payments to the city, leaving $6.1 million due.

In 2000 MGM bought Mirage Resorts from Steve Wynn and now will benefit from the state reimbursement that is in the works.