by Michael J. Shapiro | April 21, 2010

Preliminary first-quarter results for gaming giant MGM Mirage include a net income loss of $96.7 million. Las Vegas Strip revenue per available room is down 8 percent year-over-year, and total casino revenue is expected to be down 5 percent. In terms of the company's high-profile joint ventures, an operating income of $49 million is expected of MGM Grand Macau, while CityCenter in Las Vegas is expected to report an operating loss of $255 million for the quarter. Results are subject to change and will be reported officially during the week of May 3.