| GamblingPhD menu | MS OK's proposed merger of Vegas gaming giants December 15 Today In Mississippi, two huge Las Vegas gaming companies made another successful step towards the completion of their merger deal when the Mississippi Gaming Commission approved a succession of events involving MGM Mirage and Mandalay Resort Group. The proposed deal was revealed in July 2004. T he commission endorsed several suitability applications and approvals for Beau Rivage Resorts Inc., and Circus Circus Mississippi Inc. in Jackson Mississippi. Beau Rivage Resorts and Circus Circus belong to the companies involved in the nearly $8 billion merger deal. Mandalay Resort Group shareholders permitted the merger late last week. The merger is expected to be completed by the end of March 2005. Still, the deal needs support from federal regulatory agencies along with gaming regulators in the many different states involved. Last month, in their filings with the Securities and Exchange Commission, the companies have fulfilled most of the requirements for information from the Federal Trade Commission. |