The Ownership of L'Auberge Casino Baton Rouge: An In-Depth Analysis

L'Auberge Casino Baton Rouge, a renowned gambling and entertainment venue located in Baton Rouge, Louisiana, has always been a topic of interest among gamblers and locals alike. The question of "who owns L'Auberge Casino Baton Rouge" is one that has sparked numerous debates and inquiries. In this article, we will delve into the ownership history of the casino, its current owners, and the impact of their presence on the gaming industry.

The Ownership Journey of L'Auberge Casino Baton Rouge

L'Auberge Casino Baton Rouge was originally developed by a group of investors led by Steve Wynn, the legendary casino magnate. The casino opened its doors in 1994, marking the beginning of a successful journey in the gaming industry. However, the ownership of the casino has changed hands several times over the years.

1. Steve Wynn's Ownership

Steve Wynn, the visionary behind the Las Vegas Strip, was the driving force behind the development of L'Auberge Casino Baton Rouge. As the CEO of Wynn Resorts, he sought to expand his empire into the heart of Louisiana. Wynn's ownership of the casino lasted until 2000 when he sold a majority stake to Mandalay Resort Group.

2. Mandalay Resort Group's Ownership

Mandalay Resort Group, a real estate investment trust, acquired a majority stake in L'Auberge Casino Baton Rouge from Steve Wynn in 2000. Under Mandalay's ownership, the casino continued to thrive and expand its offerings. However, Mandalay's focus shifted from gaming to real estate, which led to the eventual sale of the casino.

3. Station Casinos' Ownership

In 2005, Station Casinos, a Las Vegas-based gaming company, acquired L'Auberge Casino Baton Rouge from Mandalay Resort Group. Station Casinos, owned by the Fertitta family, has a strong presence in the gaming industry and has successfully managed numerous casinos across the United States.

4. MGM Resorts International's Ownership

In 2013, MGM Resorts International, one of the world's leading global hospitality companies, acquired Station Casinos, including L'Auberge Casino Baton Rouge. The acquisition marked a new era for the casino, as MGM Resorts brought its extensive experience and resources to the table.

The Current Owners of L'Auberge Casino Baton Rouge

MGM Resorts International, a publicly traded company, is the current owner of L'Auberge Casino Baton Rouge. The company's headquarters are located in Las Vegas, Nevada, and it operates numerous casinos, hotels, and resorts worldwide. MGM Resorts International is committed to providing exceptional gaming and entertainment experiences to its customers.

Impact of Ownership on the Gaming Industry

The ownership of L'Auberge Casino Baton Rouge has had a significant impact on the gaming industry, particularly in Louisiana. Here are some key points to consider:

1. Expansion and Renovations

Under the ownership of Mandalay Resort Group and MGM Resorts International, L'Auberge Casino Baton Rouge has undergone several expansions and renovations. The casino now features a luxurious hotel, a spa, and a wide variety of dining options, making it a top destination for visitors.

2. Economic Impact

L'Auberge Casino Baton Rouge has contributed significantly to the economic growth of Baton Rouge and Louisiana. The casino generates millions in revenue annually, providing jobs and fostering local businesses.

3. Competition in the Gaming Industry

The presence of L'Auberge Casino Baton Rouge has added to the competitive landscape of the gaming industry in Louisiana. The casino has spurred other operators to improve their offerings and invest in their properties, ultimately benefiting the entire industry.

4. Contribution to Community Development

MGM Resorts International, as the current owner of L'Auberge Casino Baton Rouge, has shown a commitment to community development. The company has donated millions to local charities and has supported various community initiatives, making a positive impact on the lives of Baton Rouge residents.

FAQs about the Ownership of L'Auberge Casino Baton Rouge

1. What is the history of ownership of L'Auberge Casino Baton Rouge?

The ownership of L'Auberge Casino Baton Rouge has changed hands several times over the years. It was initially developed by Steve Wynn, later acquired by Mandalay Resort Group, then purchased by Station Casinos, and finally, it is currently owned by MGM Resorts International.

2. How has the ownership of the casino impacted its development?

The ownership changes have led to several expansions and renovations, improving the casino's offerings and enhancing its status as a top gaming and entertainment destination in Baton Rouge.

3. Who are the current owners of L'Auberge Casino Baton Rouge?

The current owners of L'Auberge Casino Baton Rouge are MGM Resorts International, a leading global hospitality company.

4. How has the casino contributed to the economic growth of Baton Rouge?

L'Auberge Casino Baton Rouge has generated millions in revenue annually, providing jobs and fostering local businesses, contributing significantly to the economic growth of Baton Rouge.

5. What is the impact of the casino on the gaming industry in Louisiana?

The presence of L'Auberge Casino Baton Rouge has added to the competitive landscape of the gaming industry in Louisiana, spurring other operators to improve their offerings and invest in their properties.