A Milestone in Biloxi's Rebuilding Efforts, Beau Rivage Resort & Casino Will Reopen 12 Months After Katrina
21 Junho 2006 - 10:00AM
PR Newswire (US)
At Opening, Beau Rivage Will Employ 3,800 Mississippians BILOXI,
Miss., June 21 /PRNewswire/ -- Fueled by the unyielding spirit of
Biloxi and the resilience of its people, Beau Rivage Resort &
Casino will open its doors for business August 29, 2006 -- 12
months after Hurricane Katrina ravaged the Gulf Coast. In addition
to employing nearly 4,000 Mississippians, the opening will have an
immediate, significant impact on the local economy while
simultaneously helping to revitalize Biloxi tourism as the premier
resort destination on the Coast. "We're anxious to open our doors
for our customers and to get our employees back to work," said
Bobby Baldwin, president and CEO of Mirage Resorts, an operating
division within MGM MIRAGE. "With the opening of Beau Rivage, we
understand that we're not just putting 3,800 people back to work,
we're helping to put 3,800 families back on their feet. This is one
step, of many to come, back to normalcy for our employees and our
community." Supporting Beau Rivage employees has been the top
priority for MGM MIRAGE. The company committed to rehiring all
people employed at Beau Rivage during Hurricane Katrina when it
opens in August. Following Katrina, the company retained its
employees and provided full pay and benefits, as well as 401K
matching contributions for more than three months. MGM MIRAGE also
ensured employees and their families could receive medical care
(without fees) in any community where they found shelter.
Addressing current employee challenges, MGM MIRAGE is working with
state and local officials to develop the most reasonable and
affordable housing solutions for its employees. Just as MGM MIRAGE
has played a large role in Biloxi's initial success, the company is
committed in its efforts to rebuild and renew the Gulf Coast.
Beyond supporting the livelihood of its employees and their
families, the company forecasts that gaming will be the catalyst
for economic development in the region, spurring tax income and
capital investments to benefit gaming employees, the local
community and the entire state. When Beau Rivage originally opened
in 1999, gaming revenue increased by 35 percent over the previous
year, and MGM MIRAGE is determined in its endeavor to immediately
impact the market once again. In the long-term, the company will
work aggressively to help the region achieve a more prosperous
status than ever before. George Corchis, president and COO of Beau
Rivage said, "We're confident in the future of the Biloxi market
and we believe the Mississippi Gulf Coast has the potential to
become a top travel destination by 2010. As a region, we have
significant opportunities for economic advancement and overall
growth, from the airport expansion and additional hotel rooms, to
an expanded condominium base and enhanced infrastructure. "And,"
Corchis continued, "the opening of Beau Rivage on August 29 isn't
the end of MGM MIRAGE's development in Biloxi. We'll continue our
investment in the community with additions like our spectacular Tom
Fazio-designed golf course, Fallen Oak, set to open November 6.
Beau Rivage will continue its legacy as a strong community leader
and the crown jewel of the Mississippi Gulf Coast gaming industry."
ABOUT BEAU RIVAGE: Beau Rivage Resort & Casino, named one of
the top 100 hotels in the continental United States and Canada by
Travel + Leisure Magazine, opened on the Mississippi Gulf Coast in
1999. The property will reopen for business August 29, 2006
following a dramatic renovation. Beau Rivage is a wholly owned
subsidiary of MGM MIRAGE(TM), the premier entertainment hotel and
gaming company in the world. For more information or to make
reservations, call (888) 56-ROOMS or (228) 386-7444 between 8 a.m.
and 8 p.m. (CDT), Monday-Friday, and 9 a.m. to 5 p.m. weekends, or
visit http://www.beaurivage.com/. ABOUT MGM MIRAGE: MGM MIRAGE,
(NYSE:MGM), one of the world's leading and most respected hotel and
gaming companies, owns and operates 23 properties located in
Nevada, Mississippi and Michigan, and has investments in three
other properties in Nevada, New Jersey and Illinois. MGM MIRAGE has
also announced plans to develop Project CityCenter, a multi-billion
dollar mixed-use urban development project in the heart of Las
Vegas, and has a 50 percent interest in MGM Grand Macau, a
hotel-casino resort currently under construction in Macau S.A.R.
MGM MIRAGE supports responsible gaming and has implemented the
American Gaming Association's Code of Conduct for Responsible
Gaming at its properties. MGM MIRAGE also has been the recipient of
numerous awards and recognitions for its industry-leading Diversity
Initiative and its community philanthropy programs. For more
information about MGM MIRAGE, please visit the company's website at
http://www.mgmmirage.com/. DATASOURCE: Beau Rivage Resort &
Casino CONTACT: Natalie Mounier of Kirvin Doak Communications,
+1-702-737-3100, , for Beau Rivage Resort & Casino Web site:
http://www.mgmmirage.com/ Web site: http://www.beaurivage.com/
Company News On-Call: http://www.prnewswire.com/comp/000725.html
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