Buick Riviera: MGM-Mirage Now Controls BJ

[Buick Riviera]

At the hearing where the Nevada Gaming Commision approved the MGM-Mirage/Mandalay merger, the following was presented to the commision:

" Attorney Ellen Whittemore told the board the merged company will control 39.3 percent of the Strip's slot machines; 41.2 percent of the Strip's table games, including blackjack and craps; and 55.2 percent of the Strip's poker tables. It also will account for 42.9 percent of the Strip's gross gaming revenue and 57.4 percent of the Strip's live entertainment tax."

Oh, happy day. :-(

Full story below.

Talk About a BIG PLAYER

[mr bojangles]

And even Wynn LV will not change that

It will be interesting to see if they tighten up on comps, slot payouts, and table games in general.

> At the hearing where the Nevada Gaming
> Commision approved the MGM-Mirage/Mandalay
> merger, the following was presented to the
> commision:

> " Attorney Ellen Whittemore told the
> board the merged company will control 39.3
> percent of the Strip's slot machines; 41.2
> percent of the Strip's table games,
> including blackjack and craps; and 55.2
> percent of the Strip's poker tables. It also
> will account for 42.9 percent of the Strip's
> gross gaming revenue and 57.4 percent of the
> Strip's live entertainment tax."

> Oh, happy day. :-(

> Full story below.

[Bettie]

From today's LVRJ, with link to entire story below:

Corporate executives and directors of the Mandalay Resort Group collectively will earn more than $76.3 million in stock options once the company's merger with MGM Mirage is completed, according to a filing with the Securities and Exchange Commission.

In addition, other Mandalay employees, including corporate vice presidents, managers and various property officials, will share more than $11 million in bonuses because they stayed with the company through the deal's eventual completion.

The Nevada Gaming Commission will rule today on MGM Mirage's $7.9 billion buyout of Mandalay. The state Gaming Control Board Tuesday recommended approval of the transaction, which will create a 28-casino company with operations in five states and more than 75,000 employees.

Executives to collect millions in parting gifts

[Shaggy18VW]

In the article Bobby Baldwin was mentioned as being an executive with MGM. Is that the same Bobby Baldwin of poker fame?

[Don Schlesinger]

> In the article Bobby Baldwin was mentioned
> as being an executive with MGM. Is that the
> same Bobby Baldwin of poker fame?

Yes. So far as I know, he runs the poker room at Mirage -- or, at least he used.

Don

[Bettie]

Yes, it is the same Bobby Baldwin of poker fame, and No he doesn't run the poker room at Mirage. When I met him about 2 years ago, he was way, way, way uppermanagement at the MGM. I forget what his exact title was at the time, but according to the article, he currently runs the Mirage Resorts branch of MGM-Mirage Resorts.

He is a really nice guy, btw, and I love that he became super powerful and still prefers to be called "Bobby" instead of Bob or Robert. He also has a poker book out now called Bobby Baldwin's Winning Poker Secrets.

Bettie

[julia stillson]

Bobby Baldwin was the president of the Bellagio.. till they had the transition recently through mgm mirage.. He is still a high executive within the company.. Yes he is the poker man as well as a off road racer.