LAS VEGAS -- MGM
Mirage said it intends to rebuild the $800 million Beau Rivage
resort casino in Biloxi, Miss., that was severely damaged by
Terry Lanni, chairman
and CEO of MGM Mirage recently toured the site of the casino and
other parts of Biloxi with other executives from the
devastation is something I will never forget, said Lanni. What has
happened to this community is unimaginable, but we are committed to
our employees and neighbors.
To that end, MGM
Mirage established a recovery fund with an initial $1 million. It
also said that all employees of the resort will retain benefits and
payroll for 90 days. MGM Mirage also committed to rehiring the
employees once the resort reopens.
We plan to rebuild
and rebuild quickly, said Bobby Baldwin, president and CEO of
Mirage Resorts. While we will take the time necessary to carefully
assess the situation, we are also dedicated to identifying the
fastest way to rebuild and restart the Gulf Coast economy and the
lives of our employees and their community.
MGM Mirage said
workers have already cleared most of the mud and debris from Beau
Rivage. With the debris removed, an assessment of the structural
integrity and essential systems such as electricity, plumbing and
HVAC can begin, the company said.
To contact the
reporter who wrote this article, send e-mail to Michael Milligan at