MGM Mirage slimming down, speeding up

Like an athlete that’s finally decided to return to the gym, debt-laden MGM Mirage is trimming the fat in an attempt to return to dominance and move away from potential bankruptcy.

Phil Ruffin has already closed the deal on Treasure Island, but the big news now circulating has MGM Mirage selling off MGM Grand Detroit and the Beau Rivage Casino in Biloxi, Miss.

With $13.5 billion in debt, it’s the smartest move available. It doesn’t solve its CityCenter problems, but it’s a sign the company is moving away from panic mode.

ad-high_impact_4
TOP NEWS
ad-infeed_1x2_1
News Headlines
ad-infeed_1
ads_infeed_2
Local Spotlight
Events
Home Front Page Footer Listing
Circular
You May Like

You May Like