Owner Of Beau Rivage Selling Off Assets

The world’s second-largest casino company, MGM Mirage,  says it plans to sell two casinos in the resort town of Laughlin, Nevada, to a private investment group for 200 million dollars. MG Mirage is the parent company of Beau Rivage in Biloxi.

The casino company says the purchasing group is led by Anthony Marnell III (the third), chairman of Las Vegas-based M Resorts, and partner Edward Sher of Sher Gaming L-L-C. Las Vegas-based MGM Mirage acquired the two properties — the Colorado Belle and the Edgewater — when it bought Mandalay Resort Group in 2005. Combined, the two Laughlin properties have 25-hundred rooms and 138-thousand square feet of casino space on the Colorado River, about 100 miles south of Las Vegas. They are two of the 23 hotel-casinos that

MGM Mirage owns or manages, including 10 on the Las Vegas Strip. M-G-M Mirage operates two casinos in Mississippi: the Beau Rivage in Biloxi and the Gold Strike in Tunica.
Source: AP

This news should not have any effect on the Beua Rivage in Biloxi.

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