Casino

Casinos Scrambling for Boomers' Money

Baby boomer tourists, which places like Las Vegas and Reno are getting more of, stay longer and spend more cash. Casinos everywhere are scrambling for the boomer dollar because boomers budget a third more cash than younger visitors to play the table games, slots and video poker.

MGM Picks China Over New Jersey

Well, this seemed inevitable. MGM Mirage announced they are planning to divest themselves of the 50% stake they own in Atlantic City's Borgata.

http://www.lasvegassun.com/news/2010/feb/08/mgm-mirage-leave-new-jersey-dispute-over-macau-par/

http://www.lvrj.com/news/breaking_news/MGM-to-divest-from-Atlantic-City-83803412.html

The asset will remain in trust as they arrange a sale.


Open Topic Discussion - February 1st, 2010

You know the drill - discuss whatever you desire. Welcome to February.

Is MGM Mirage gearing up to exit Atlantic City? Will they sell their Borgata share and if so, to whom?

http://www.lasvegassun.com/news/2010/feb/01/mgm-mirage-disputes-nj-regulators-authority-vet-it/