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MGM Mirage sells Buffalo Bills, Primm Valley Resort and Whiskey Petes

By Chuckmonster on Wednesday, 1st November 2006 10:45am
  » filed under Las Vegas  comments: 0

   

MGM Mirage, corporate parent company of MGM Grand, LuXor, Excalibur, Mandalay Bay, Bellagio and more has been selling off a bunch of assets lately. Hot on the heels of Octobers announcement of the sale of its Laughlin, NV casinos, MGM Mirage has announced the sale of all three of its Primm, NV (California state line) properties to Herbst Gaming for $400 Million dollars.

We guess they gotta pay for Project City Center somehow, eh?

Herbst Gaming has struck an agreement with MGM Mirage to purchase the three casinos in Primm on the Nevada-California border off Interstate 15 for $400 million, sources said late Tuesday.

The deal, which is expected to be announced this morning, will give the privately held Las Vegas based casino company control of Whiskey Pete's, Primm Valley and Buffalo Bill's, along with three gasoline station-convenience stores and a mini-market located on the California side of the border that sells state lottery tickets. Primm is situated about 35 miles south of Las Vegas.



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