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Will MGM Mirage soon sell off some casinos?

John L. Smith
June 22, 2009 - 3:13 pm
 

Speculation over when MGM Mirage might dump some of its properties in order to reduce its daunting, $14 billion debt continues to reverberate through the gaming community.

Kevin Adams at examiner.com weighs in with his update, which focuses on the possibility of eliminating three casinos from its thick portfolio: MGM Grand Detroit, Gold Strike Tunica, and the Beau Rivage in Biloxi.

Given the current economic uncertainty and the size of its debt, you might think the company would want to part with at least one of its Strip resorts. But think again.

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