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LOS ANGELES/ATLANTA, Nov 5 (Reuters) - MGM Mirage posted a third-quarter loss on Thursday as consumers continued to spend less at its Las Vegas casino resorts and it recorded big charges. The No. 2 casino operator, whose largest shareholder is billionaire Kirk Kerkorian, reported a net loss of $750.4 million, or $1.70 a diluted share, compared with year-earlier net income of $61.3 million, or 22 cents a share. The results included charges totaling $1.72 a share, including a write-down of its $8.5 billion CityCenter project, which is set to begin opening on the Vegas Strip in December. Revenue, adjusting for promotional allowances, fell 14 percent to $1.53 billion but beat the $1.47 billion forecast by analysts, as compiled by Thomson Reuters I/B/E/S. MGM's holdings include nine Las Vegas Strip casino-hotels, gambling resorts in Mississippi and Michigan, and joint ventures in New Jersey and China's Macau. (Reporting by Deena Beasley, Karen Jacobs; editing by Gerald E. McCormick) Keywords: MGMMIRAGE/ (karen.jacobs@thomsonreuters.com + 1 404 493 3656; Reuters Messaging: karen.jacobs.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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