LAS VEGAS — While MGM Mirage has experienced its share of challenges recently, the company is moving forward with plans to construct a 576-room timeshare tower at the MGM Grand property, a company spokesman said. During a busy week that included a $5 million loss on a closed Internet venture, and two lawsuits — one by and another against the company — MGM Mirage is expected to obtain approval from Clark County to put up a the 38-floor hotel condo on 97 acres once used for a theme park. The project, included on last Thursday’s Planning Commission agenda, was recommended for approval by staff and will be taken up by the Clark County Commission on July 2. That was the bright side to an otherwise difficult week or two for the gaming company. But officials are weathering the storm, MGM Mirage spokesman Alan Feldman said. On May 23, MGM Mirage agreed to pay a $5 million fine imposed by state gaming authorities after The Mirage hotel failed to file almost 15,000 cash transaction reports from 2001 to 2003. On June 2, MGM was slapped with a lawsuit by a former Mirage executive, claiming he got the boot after telling the company about the missing reports. The following day, the company announced it had filed suit to block an attempt by Orlando-based Westgate Resorts to build a 43-story timeshare tower on only three acres beside the Showcase Mall and the MGM Grand on the Strip. And a day after that, officials announced they would halt their Internet wagering site, based on the Isle of Man off the coast of England, and take a $5 million loss.
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