text: **Detroit Development Agreement.**Under the August 2002 revised development 
  agreement with the City of Detroit, MGM Grand Detroit, LLC and the Company 
  are subject to certain obligations. The City of Detroit required payments of $44 
  million, all of which had been made as of December 31, 2004; the transfer of assets 
  of $3 million; indemnification of up to $20 million related to the Lac Vieux and 
  certain other litigation, of which $2 million has been paid as of December 31, 
  2004; and continued letter of credit support for $50 million of bonds issued by the 
  Economic Development Corporation of the City of Detroit for land purchases 
  along the Detroit River. The letter of credit will be drawn on to make interest and 
  principal payments on the bonds, which mature in 2009. The remaining 
  obligations have been classified as other accrued liabilities or other long-term 
  obligations, depending on the expected payment date. 
  
  The Company recorded an intangible asset (development rights, deemed to have an 
  indefinite life) of approximately $115 million in connection with its obligations 
  under the revised development agreement. In addition to the above obligations, the 
  Company will pay the City of Detroit 1% of gaming revenues (2% if annual 
  revenues exceed $400 million) beginning January 1, 2006. 