MGM Mirage
MGM Mirage
MGM Mirage announced on Tuesday that it will be offering over $800 million in secured notes due in 2020. The money generated from the offering will be used to pay debt that is currently due.

On Wednesday, investors reacted to the news by helping MGM's stock price rise 3.03%. The stock closed the day at $11.89, up $.35 from the start of trading. It may have been a sign that MGM is on the verge of recovery.

Other gaming stocks also continued their rise on Wednesday. Wynn Resorts was up 1.71%, closing at $70.96. This week is the first time that the stock has topped the $70 mark since January.

Las Vegas Sands had the best day of all US-based gaming stocks, finishing at $19.73. The stock rose 4.67%. Sands is approaching $20 a share, a milestone that has not been reached in the past year.

For Melco Crown Entertainment and Century Casinos the news was not as good at the midway point of the trading week. Melco stock was down .22%, at $4.54, and Century Casinos fell 2.54%. Century closed Wednesday at $2.30.

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