Will MGM sell the Beau Rivage?
That is the question we are hearing a lot of people asking. If you haven’t heard, MGM Mirage is having some financial issues and where exploring options of selling some of their casinos.
MGM Mirage has tapped Morgan Stanley to help with the possible sales of MGM Grand Detroit and Beau Rivage in Biloxi, Miss., according to The Wall Street Journal. Las Vegas-based MGM Mirage may receive between $1 billion and $2 billion for the properties, the report said.
We haven’t heard too much about an official sale, so as of right now it looks like a possibility. More information coming soon..
Written by admin on April 27th, 2009 with
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