MGM Mirage pledges to rebuild Beau Rivage

LAS VEGAS -- MGM Mirage said it intends to rebuild the $800 million Beau Rivage resort casino in Biloxi, Miss., that was severely damaged by Hurricane Katrina.

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 company.

Viewing 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 [email protected].

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