Issue 310
August 21 - August 27, 2006
Volume 6
page 2

MGM Mirage Unveils 'New' Beau Rivage Resort & Casino

Press Release

BILOXI, Mississippi – Blending new amenities with guest favorites, Beau Rivage Resort & Casino will reopen 12 months after Hurricane Katrina on August 29, 2006, employing 3,800 Mississippians. The resort will feature the charm and elegance guests have come to love, while offering a fresh new experience that will continue to exceed expectations.

"We've been given a rare chance to do it all over again, and we have embarked on an even greater vision," said George Corchis, President of Beau Rivage Resort & Casino. "We've gone beyond just restoring the favorite offerings of Beau Rivage and included the kinds of amenities, technology and services that resorts built years from now will begin to provide. When we reopen August 29, we intend for Beau Rivage to continue its legacy as a strong community leader and the crown jewel of the Mississippi Gulf Coast."


The redesigned 32-story Beau Rivage will feature 1,740 newly remodeled rooms, including 95 luxury suites. Spacious guestrooms will boast contemporary decor, pillow-top mattresses, 32-inch flat screen TVs, Spanish and Grecian marble floors in bathrooms, original artwork and stunning views of the Mississippi Gulf or the Back Bay, complemented by all the amenities guests would expect from a AAA Four Diamond resort.


Already known for the Gulf's best gaming, Beau Rivage has raised the bar yet higher. The property will feature a luxurious high-limit salon with its own fully stocked lounge; around-the-clock concierge services; and a variety of action-packed games, including 10 blackjack games, a high-limit roulette wheel and more than 100 slot machines. Beyond the salon, guests will find a completely redesigned 85,000-square-foot casino with 93 table games; 2,100 slot machines; and a 16-table, two-tiered poker room.


Widely regarded as the premier entertainment resort in the south, Beau Rivage will continue its tradition of bringing top headline entertainment to the Mississippi Gulf Coast nearly every weekend. Headline entertainers will make their debut at the 'new' Beau in the Magnolia Ballroom beginning Sept. 9 with Jay Leno, followed by Tony Bennett on Sept. 15, Sinbad on Sept. 29, the Beach Boys on Oct. 6, Kenny G. on Oct. 20, Rodney Carrington on Oct. 27, LeAnn Rimes on Nov. 4, Kenny Rogers on Nov. 10, Boyz II Men on Dec. 1 and Olivia Newton-John on Dec. 8. Beau Rivage ends the year with the Four Tops and the Temptations performing in its new theatre on Dec. 29.

The Beau Rivage theatre, scheduled to open in December, will play host to today's brightest stars in its 1,550-seat showroom. The theatre will feature a $1 million, state-of-the-art sound and lighting system and will return as one of the best-equipped theaters in the country. From world-renowned recording artists, magicians and comedians, to full-scale, international production shows and Broadway-style revues, the Beau's entertainment offerings will excite audiences of all ages.


At opening, Beau Rivage will boast seven restaurants, including Memphis Q Smokehouse & Barbeque, featuring cool blues and hot barbecue; Coast, dishing out pub-style favorites from Coast crab cakes to wood-fired pizzas; The Buffet, offering more than 200 delicious hot-and-cold and made-to-order selections; Terrace Cafe -- the property's 24-hour casual cafe -- offering contemporary and classic American food; Roasted Bean Coffee Bistro, featuring delicious home-roasted coffee, specialty beverages and gourmet treats; Snacks, serving up good food fast, for those on the move; and Scoops Ice Cream, an old-fashioned ice cream parlor doling out homemade sweets.

In December, Beau Rivage will unveil three new gourmet restaurants that will take guests on a delectable culinary adventure. Superstar chef Todd English will bring his highly acclaimed Mediterranean restaurant, Olives, to the Mississippi Gulf Coast; BR Prime Steakhouse will present deliciously classic American steakhouse fare with regional influence, complemented by an extensive 4,000-bottle wine cellar; and a contemporary Asian restaurant will dish out authentic sushi, teppanyaki and pan-Asian cuisine created from simple ingredients with an uncompromising insistence on quality and purity.


Enhancing its fantastic fare, four bars and lounges at Beau Rivage also will open in August. Located in the center of the casino floor, Breeze Bar -- a new addition to Beau Rivage -- will let guests mix and mingle in style as they enjoy their favorite cocktails and take in the scene around them; surrounded by tropical and exotic plants and flowers, Pool Bar & Cafe will serve up cocktails and poolside dining for lounging guests who can't bear to leave their spot in the sun; ranked as one of Nightclub & Bar Magazine's Top 100 establishments in the country last year for its uniqueness and quality of service, EIGHT75 will deliver a stirring mix of classic cocktails and signature martinis in a contemporary, plush environment; and when the sun goes down, Coast will light up and become the hottest nightclub on the Gulf Coast with the best live entertainment in town.


Beau Rivage's Spa & Salon will provide guests personalized, indulgent services while offering stunning views of the Gulf of Mexico. With 21 treatment rooms, guests can enjoy body treatments ranging from wraps and therapeutic massages to facials with exotic mix-ins like caviar, microdermabrasion or even eyelash extensions. The facility will feature 14 massage treatment rooms, four facial rooms, two deluxe pedicure rooms, four manicure stations, five stylist stations, three makeup stations and a workout facility. Guests may use the spa and fitness facilities for $15 per day. In January, the spa will open its new pedicure room, which will be able to host up to five friends at once. To make reservations, guests can contact the Spa Reception Desk at (888) 750-7111 (ext. 7472 for Spa; ext. 7474 for Salon), or (228) 386-7472.


The shopping promenade at Beau Rivage will be home to elegant retail stores featuring men's and women's designer fashions, shoes, jewelry, sportswear, swimwear, gifts and souvenirs. When the property opens August 29, Beau Rivage will feature six retail venues including The Jewelry Box Watch Boutique, featuring prestigious watch lines such as Rolex, Cartier and Gucci, along with distinctive jewelry collections by David Yuman, Steven Lagos, Scott Kay and more; Nu'Vo, boasting seasonal merchandise and seasonal gourmet food; BR ETC presenting sundries, beverages, snacks, candy and logo items; Impulse, offering a selection of Beau Rivage logo clothing and souvenirs, and numerous items from sundries to fresh flowers to make guests' stay more comfortable; Actique Sportswear, providing a selection of fine beauty products from Chantecaille, Pevonia, Bumble and Bumble and more, in addition to Calispia sportswear; and Waves, located on the pool deck, offering everything guests need to prepare for a day in the sun. Six additional retailers will open in October.


Just a short drive from Beau Rivage Resort & Casino, Fallen Oak golf course, designed exclusively for Beau Rivage by legendary course architect Tom Fazio, is scheduled to make its long-awaited debut November 6. Nestled in the woods of Biloxi, Fallen Oak will offer spectacular play through one of the most lush and splendid architectural landscapes in the country and deliver both formidable challenges and continuously enjoyable play.


With its fabulous view of the Gulf, Beau Rivage's lushly landscaped tropical pool will be the perfect setting for fun and relaxation whether for a crowd of friends, a business event or a private getaway for two. Private poolside cabanas will include every possible luxury, including impeccable service from a cabana concierge. Additional deck space is ideal for outdoor events and private functions.


Opening with the property August 29, meeting and convention space at Beau Rivage Resort & Casino will deliver an experience of unparalleled elegance and refinement and offer the most technologically advanced business procedures available. Beau Rivage will be able to accommodate up to 1,800 people in its 50,000-square-foot, state-of-the-art meeting facility. Along with its 17,000 square-foot Magnolia Ballroom, other flexible meeting and banquet rooms can be configured from 1,000 to 7,200 square feet, some featuring terraces with views of the pool area. In addition to the indoor conference center, the property will also offer a unique outdoor special events pavilion overlooking the Gulf, and a beautiful marina deck for outdoor events.




Icahn Negotiating Sands Sale
As Reported by the Press of Atlantic City

ATLANTIC CITY, New Jersey– "Millionaire investor Carl C. Icahn is negotiating to sell the Sands Casino Hotel only three months after acquiring oceanfront property to transform the city's smallest gaming hall into a major resort, according to newly released court documents.

"Potential buyers have not been disclosed by the Sands, but Las Vegas-based Pinnacle Entertainment Inc. and the Cosmopolitan Hotel Resort & Casino have been mentioned in gaming circles as candidates. The purchase price is said to be about $250 million.

"Rumors have swirled for months that the Sands was on the market, but there was no official confirmation until a July 12 bankruptcy hearing involving GB Holdings Inc., the casino's former parent company and now a minority owner.

"Attorneys for Icahn and GB Holdings are quoted as saying in recently released transcripts of the hearing before U.S. Bankruptcy Court Judge Judith H. Wizmur that talks were being held to sell the Sands, but they declined to reveal the name of the would-be buyer…"

Mississippi Casino Revenues Dip
By Howard Stutz and Our Partners at Las Vegas Gaming Wire

MISSISSIPPI– With seven hurricane-destroyed casinos still on the sidelines, revenues produced by Mississippi's gaming industry took another year-over-year dip in July, according to figures released Wednesday by the state's gaming regulators.

But clearing skies are on the horizon.

With only five casinos open during the month from what had been a 12-casino coastal gaming market, Mississippi gaming revenues were $222.7 million in July, a 6.3 percent drop compared with $237.6 million in July 2005.

The five casinos in Biloxi contributed $74.7 million in gaming revenues. Last year the 12 operating casino brought in $101.7 million in gaming revenues during July.

Mississippi's river county casinos, which includes properties in Tunica and Vicksburg, reported collective gaming revenues of $148.3 million, a 9.1 percent increase compared with $135.9 million a year ago.

The Mississippi Gaming Commission does not break out individual casino totals.

Gaming analysts said the gaming revenue total has been remarkable, given the devastation Hurricane Katrina brought to the Mississippi communities of Gulfport, Biloxi and Bay St. Louis almost a year ago. The powerful storm destroyed or heavily damaged 12 casinos and a 13th that had been scheduled to open shortly after the Aug. 29 disaster.

The Imperial Palace, Isle of Capri, and Palace Casino, all in Biloxi, reopened in December. The Treasure Bay and Boomtown, also in Biloxi, recently reopened with small, temporary facilities.

"The Gulf Coast results remain impressive considering the constrained capacity in the Biloxi and Gulfport markets," Bear Stearns gaming analyst Joe Greff said in a note to investors Wednesday. "Revenues have grown sequentially since April, due, in part, to additional capacity from 500 slots added at Isle of Capri in late May and the opening of Treasure Bay and Boomtown at the end of June."

Greff said the river county casinos, which include properties owned by Boyd Gaming Corp. and Harrah's Entertainment, have benefited from the lost business on the Gulf Coast, which will change in the coming months.

Las Vegas-based Harrah's is reopening the Grand Casino Biloxi today as a temporary land-based facility with 800 slot machines and 28 table games, as well as a 500-room hotel, a buffet and other amenities.

Harrah's recent purchased the closed Casino Magic site from Pinnacle Entertainment, which is next door to the Grand Casino, and is master-planning the location for a large resort complex.

The Biloxi community will become even healthier on the first anniversary of the hurricane when MGM Mirage reopens the Beau Rivage, the state's largest casino. The company said it made many improvements including a new casino layout and remodeled rooms and suites. MGM Mirage said the hotel-casino, which includes convention space, will employ 3,800 Mississippi residents.

Also, a golf course designed by Shadow Creek designer Tom Fazio and operated by Beau Rivage, is scheduled to open in November.

The Casino Magic in Bay St. Louis, owned by Penn National Gaming, is expected to reopen shortly as the Hollywood Casino.


Trump Taj Mahal: With over 30 million records sold since her 1996 Pies Descalzos release, Shakira continues to mezmerize fans worldwide. She will be performing with special guest Wyclef Jean at the Mark G. Etess Arena on Friday and Saturday, September 1st and 2nd.

Date: September 1-2, 2006August 11 - 12

Time: Firday 9 pm, Saturday 7:30 pm

Ticket Price: $65, $85, and $125

For more information: (609) 449-5150

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