Gaming News

Rainbow casino for sale

VICKSBURG, Mississippi – As reported by the Vicksburg Post: "The company that owns Rainbow Casino has offered it for sale through a global investment bank, its general manager said this morning.

"The offer is part of a five-year effort by Rainbow's parent, Bally Technologies of Las Vegas, to sell assets not related to its main business, manufacturing, distributing and operating gaming devices, said Rainbow General Manager Curt Follmer.

"If a buyer is found, Rainbow will be the third of Vicksburg's four original casinos to change ownership.

"…Bally does not plan to sell the casino at a price just 'to get rid of it,' Follmer said, adding that no buyer had been identified and he did not know when the casino would sell…"

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