The MGI group that has two LV area locals casinos says it will reopen the site as a casino.

L.V. Review/Journal story site & scan; while there you can read about MGM's $555 million deal for the London based casino group that owns among other things a Rhode Island race track.

http://www.reviewjournal.com/lvrj_home/2004/Apr-09-Fri-2004/business/23601977.html