Making Deals -- MGM Mirage is selling the Gold Nugget Las Vegas and the Gold Nugget Laughlin to Poster Financial Group Inc. for $215 million. Poster Financial Group is a private investment firm in Las Vegas. Terry Lanni, chairman and chief executive of MGM Mirage, said the sale would enable his company to participate in new growth opportunities.
New Stuff -- Gala Group and Harrah's Entertainment announced plans today to develop eight casinos in the United Kingdom once the gambling reform is passed. A representative for Gala, which a large segment of the land-based bingo market in the United Kingdom, said the string of hotels would "set a higher standard for gaming than anything we have seen in this country."