MGM Mirage to lay off hundreds

April 15th, 2008
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MGM Mirage, which is the largest casino operator in Las Vegas, has reported that it will lay off about 440 employees.

The layoffs will occur mostly in management at the corporate level, MGM Mirage reported Monday.

According to a story at majorwager.com:

MGM Mirage President and COO Jim Murren said Monday that management and supervisory level staff reductions were part of a process that will save MGM Mirage about $75 million annually. Most of the local workers were told of the cutbacks Monday.

The employee reductions were companywide but the bulk of layoffs took place in Las Vegas where MGM Mirage operates 10 Strip resorts and is building the massive $8.4 billion CityCenter development. MGM Mirage also operates casinos in Michigan and Mississippi.

Whole thing here.

Earlier this year, about 150 employees were laid off at Circus Circus, one of MGM Mirage’s holdings.

MGM Mirage employs 66,000 people nationally, according to the story.


Article Credit: Dustin

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Daily Poker Quiz

Archive pick: Value betting the river, no limit hold em cash -

Game type: 1/2 No Limit Cash Game
Your image: Fairly Aggressive
Opponent's image: Solid, a little tricky
Your hand: As Qh

This hand is from the archives and originally appeared on 8/21/07. View the original quiz and comments here

The setup: You're fairly new to this table and you picked up a pot quick when you flopped a set and won a decent multi-way pot. You've been fairly active since, seeing a lot of flops cheap and playing for the win on the flop or turn in a couple of spots.

This hand you're dealt AQo UTG and you decide to limp. The button limps and both blinds play. You flop top pair:

Qd 7h 6d

The SB leads out for $6. The BB folds. You make it $24 and the button folds. The SB calls. The turn gives you two pair with the Ac. The SB checks and you pop $40 into $54. The SB flat calls.

The turn comes the 10c. The SB checks again. There's $134 in the middle. Do you value bet here and if so, for how much?


Vote and comment at DailyHandQuiz.com