Beau Rivage, Gold Strike slash 100 jobs to combat weak economy

16 Apr 2008

BILOXI, Mississippi -- As reported by WLOX: "One hundred managers and salaried employees at MGM Mirage's two Mississippi casinos have lost their jobs. And the layoffs at Beau Rivage and the Gold Strike Casino in Tunica County are being blamed on a struggling national economy.

"A statement from MGM Mirage Mississippi's Vice President of Public Affairs Bruce Nourse said, 'We're all aware of the downturn in the U.S. economy and as a result revenues have softened and profit margins are down across the gaming industry. This along with increased competition in our market has forced us to adjust our employment levels to reflect the changes in our business volumes.'

"...The economy is playing havoc with everybody in the casino industry. One general manager at a back bay casino said, 'It's rough out there right now.'

"...Besides the 100 managers and salaried employees at MGM Mirage properties in Biloxi and Tunica, 300 other MGM Mirage workers in Las Vegas and Detroit were also let go..."

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	Beau Rivage, Gold Strike slash 100 jobs to combat weak economy 16 Apr 2008 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> BILOXI, Mississippi -- As reported by WLOX: "One hundred managers and salaried employees at MGM Mirage's two Mississippi casinos have lost their jobs. And the layoffs at Beau Rivage and the Gold Strike Casino in Tunica County are being blamed on a struggling national economy. "A statement from MGM Mirage Mississippi's Vice President of Public Affairs Bruce Nourse said, 'We're all aware of the downturn in the U.S. economy and as a result revenues have softened and profit margins are down across the gaming industry. This along with increased competition in our market has forced us to adjust our employment levels to reflect the changes in our business volumes.' "...The economy is playing havoc with everybody in the casino industry. One general manager at a back bay casino said, 'It's rough out there right now.' "...Besides the 100 managers and salaried employees at MGM Mirage properties in Biloxi and Tunica, 300 other MGM Mirage workers in Las Vegas and Detroit were also let go..."