Is Completion of City Center in Doubt?

Trouble on the home front with the 9 billion dollar City Center project on the Strip, just south of Bellagio.

Reports are that Dubai World is filing legal action against MGM Mirage for breech of contract. Dubai World put nearly $6 billion into the project in 2007, and in return they got a 50% interest in the project and nearly 10% of MGM Mirage stock. Now, officials from the Persian Gulf country say they do not believe in the viability of the project and are taking MGM Mirage officials to court.

MGM Mirage officials feel that a deal can be worked out here, but certainly, trouble is brewing.