August 22, 2007, - 5:03 pm
By Debbie Schlussel
If you don’t want your money to go to Islamofascists and boycotters of Israel, don’t gamble at the MGM Mirage. And don’t stay at the hotel, either.
Dubai’s Dubai World just bought 20% of the hotel/casino/resort owned by billionaire Kirk Kerkorian, the Financial Times reports.
That’s right. Despite the Islamic prohibition against gambling and owning gambling investments and enterprises, Dubai now owns 1/5th of the casino enterprise. Well, no-one ever said they were as pious as they want us to think they are. They just want to impose sharia on us, while they violate it all the time. And while some might say that Islam allows its adherents to take infidel suckers’ money that they lose while playing the slots and piker, that’s incorrect. Islam prohibits taking part in gambling period. That would include Dubai’s MGM Mirage.
Regardless of their hypocrisy, don’t be a hypocrite and fund them. Stay at the Venetian, instead. Its owner, Sheldon Adelson (who contributed to one of my runs for the Michigan House), is a patriot and on the right side in the War on Terror.
More on Dubai’s new haram [prohibited] investment:
Dubai World has an option to take a 20 per cent stake in MGM Mirage after agreeing a $5bn deal on Wednesday with the world’s second-biggest casino operator.
The group – the Dubai government’s holding company – will pay the company $1.2bn to buy 14m shares in MGM at $84 a share, a 13 per cent premium on its New York closing share price on Tuesday.
It will add another 14m shares in a public tender offer at the same share price, which will take its holding to 9.5 per cent for an outlay of $2.4bn. MGM on Wednesday rose 9 per cent to $81.26. Twelve months ago, it was trading at $37. . . .
Terry Lanni, MGM’s chairman and chief executive, said on Wednesday that Dubai World had agreed not to take more than a 20 per cent stake to ensure MGM retained its listing with a sufficient float of public shares.
DW is also paying $2.7bn for a 50 per cent stake in MGM’s CityCenter resort, hotels and condominiums complex on the Strip. Although gambling is banned in Dubai, Dubai World will become a worldwide gambling operator, holding licences in several US states as well as MGM’s international gambling locations.
Mr Lanni said the approach had come from DW, smoothed by an introduction from Sol Kerzner, the South African resorts operator. Kerzner International, 27 per cent owned by a DW subsidiary, signed a deal with MGM in June to develop a resort on the Strip. . . .
Sultan Bin Sulayem, chairman of Dubai World, said in a statement that the company was attracted to MGM’s assets, locations and brands, and that DW’s vision was to create a global portfolio of signature properties. “The announcement brings together two companies known for creating landmark developments that have the ability to change the face of luxury living and destination tourism,” he said.
Mr Lanni said the deal was transformational for MGM, creating a better leveraged balance sheet, fostering growth in markets such as the Middle East and more joint ventures. “This is a sea-change for this company,” he said.
Yes, you’ll be hearing statements like that a lot as the Islamofascist Gulf states continue to buy up America, until they control so much that our government and politicians are all beholden to them.
MGM earlier this month reported record second quarter revenues of $1.9bn.
Thanks to reader D for the tip.
Oh, and by the way, it should be no surprise that Islamists violate Islam for their own aggrandizement, while preaching something quite different to you and me, who are not Muslims. As reader Ari points out, some of the biggest customers of Israeli porn are–you guessed it–those from the repressed Islamist nations.
They’re hypocrites, plain and simple. Do as sharia says, NOT as we do. I mean, who can forget the 9/11 hijackers’ pre-mass murder partying at Vegas casinos, The Pink Pony strip club, and with prostitutes?
Again, do as the “Religion of Hypocrisy” says, NOT as we do.
Tags: America, Big Stake, casino operator, Chairman, chairman and chief executive, CityCenter, Dubai government, Dubai World, Islamofascist Gulf, Israel, Kirk Kerkorian, MGM Mirage, Michigan House, Middle East, New York, owner, Sheldon Adelson, Sultan Bin Sulayem, Terry Lanni, the Financial Times, The Pink Pony strip club, United States, USD