October 27, 2016 5:24 AM ET

Hotels, Restaurants and Leisure

Company Overview of Beau Rivage Resorts, Inc.

Company Overview

Beau Rivage Resorts, Inc., doing business as Beau Rivage, operates as a resort and casino. It offers hotel facilities, such as guest rooms and suites; and entertainment facilities, including a theatre, a nightclub, and events. The company provides various amenities, such as spa, salon, golf, shopping, gift card, pool, and arcade. Its casino offers a players club, promotions, slots, a poker room, table games, and gaming facilities. The company also provides restaurant, dining, and bar and lounges services. In addition, it provides space for meetings and weddings. The company was founded in 1995 and is based in Biloxi, Mississippi. Beau Rivage Resorts, Inc. operates as a subsidiary of MGM Reso...

875 Beach Boulevard

Biloxi, MS 39530

United States

Founded in 1995





Key Executives for Beau Rivage Resorts, Inc.

President, Chief Operating Officer and President of Mgm Mirage
General Manager
Executive Director of Entertainment
Vice President of Hotel Operations
Compensation as of Fiscal Year 2016.

Beau Rivage Resorts, Inc. Key Developments

Beau Rivage Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016

Beau Rivage reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net revenues of $89.437 million compared with $86.940 million for the same period last year. Adjusted Property EBITDA was $22.799 million compared with $18.390 million for the same period last year. Operating income was $16.190 million compared with $11.859 million for the same period last year.

Beau Rivage Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended Sept. 30, 2015

Beau Rivage announced unaudited earnings results for the third quarter and nine months ended Sept. 30, 2015. For the quarter, the company earned net revenue of $98,322,000 compared to $89,049,000 a year ago. Adjusted EBITDA was $26,679,000 compared to $20,053,000 a year ago. Operating income was $20,161,000 compared to $13,049,000 in the prior year quarter. For the nine months, the company reported net revenue of $279,717,000 compared to $259,063,000 a year ago. Adjusted EBITDA was $66,784,000 compared to $53,183,000 a year ago. Operating income was $47,217,000 compared to $32,691,000 a year ago.

MGM Mulls Listing Of 10 Properties After Spinoff

MGM Resorts International (NYSE:MGM) is planning to get its assets listed. The company, under pressure from a shareholder, said that it would spin off 10 resorts into a publicly traded real estate investment trust. MGM said it would transfer seven Las Vegas resorts The Mirage Hotel and Casino, Mandalay Corp. (Mandalay Bay), Victoria Partners L.P. (Monte Carlo), New York-New York Hotel & Casino, LLC, Ramparts, Inc. (Luxor), New Castle Corp Inc (Excalibur), The Park, Mgm Grand Detroit, Inc., Beau Rivage Resorts Inc. and Gold Strike Tunica. MGM shareholder Land and Buildings has been putting pressure on the company throughout this year to convert its real estate assets into a REIT and spin off its hotels. MGM said it expects to complete the spin-off by the first quarter of 2016. MGM's shares rose 9% in premarket trading on October 29, 2015.

Similar Private Companies By Industry

Company Name Region
1 Hotel South Beach, Inc. United States
1001 Marquette LLC United States
11 East 1st St. LLC United States
11 Howard Hotel United States
110 Gourmet, Inc. United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Beau Rivage Resorts, Inc., please visit www.beaurivage.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.