MGM Mirage Shopping a Pair of Casinos

MGM Mirage, one of the world’s largest casino operators, is considering selling two of their casino properties. According to a report by the Wall Street Journal, those properties are the Beau Rivage and the MGM Grand Detroit Casino Resort.
The reason MGM Mirage is considering selling those two casinos is related to financial troubles. Without a growing amount of debt, the company is looking to infuse some cash into their business. Additionally, with the recession in the United States and around the globe, MGM Mirage isn’t making nearly as much money as it did in previous years.
The Beau Rivage is located …read more