MGM Resorts International expected to report Fiscal Year 2010 results on February 18, 2011. This event was calculated by Capital IQ (Created on August 31, 2010).

Reuters reported quoting a restructuring document from Dubai World Corporation (DW) as saying that the company is planning to sell off its assets over a period of eight years in order to generate as much as $19.4 billion to pay off creditors. The document mentioned that asset disposals over an eight-year period will help generate up to a maximum of $19.4 billion, while similar sales based on current prices would be worth a maximum of $10.4 billion. It projected mid-point disposal proceeds of $17.6 billion. The document further added, DW (Dubai World) lender recoveries (will be) significantly enhanced if DW is given time to rebuild and realize value over a five to eight year horizon," the document said. The company's plans involve repayment over five to eight years, with interest of 1% to 3.5%. According to the document, the company has proposed to dispose of its investment assets, including its stakes in Barneys New York Inc., Dubai-based Atlantis Hotel, a palace perched at the seaward tip of its island development and MGM Resorts International, over a period of five years. DW has identified DP World Limited, Jebel Ali Free Zone Authority, Dubai Maritime City Retail Development LLC, and DryDocks World Dubai as its strategic assets which may generate up to $11.8 billion when put on sale over a period of eight years.

BRAVADA International Ltd. and MGM Resorts International jointly announced that the grand opening of the Kardashian Khaos store at The Mirage in Las Vegas is no longer taking place on August 21st, 2010. A new date for the store opening is being set and will soon be released. Designed by the Kardashians themselves, the highly anticipated Kardashian Khaos store will be revealed to the world in the next few months with a star-studded opening event, and extravagant private launch party to follow.