Las Vegas is the land of possible riches — or at least it used to be that way. In the first quarter of 2009, the biggest casino companies in the town struggled. Las Vegas Sands, MGM Mirage and Wynn Resorts are all feeling the affects of the economic slowdown in the United States and around the world.
Casino industry experts based in Las Vegas say that people who visited during the first quarter were much more careful with their money. That revelation isn’t surprising at all considering the way most people in the country are having to work harder to make …read more

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