MGM Mirage and Mandalay Resort Group are hoping to close the transaction by the end of March.
The casino operators are waiting for approval the $7.9 billion merger from the U.S. Federal Trade Commission. Company executives are officially unconcerned that the OK from federal regulators has been slow to arrive, reports Las Vegas Review-Journal. Sources said recently that government logistics could be causing the holdup.
Meanwhile, the companies are proceeding. Mississippi’s gaming commission unanimously approved the merger in December as have Mandalay’s shareholders. MGM Mirage is also trying to sell one of two Detroit casinos to satisfy Michigan requirements.
Harrah’s Entertainment’s $9.4 billion buyout of Caesars Entertainment, also awaits FTC approval. The Harrah’s-Caesars transaction is expected to close by the end of June.
