MGM Resorts5/11/2012
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MGM CEO Says States Likely To Lead On Internet Gaming
(Mississippi) -- Despite his preference for federal legislation, MGM Resorts International CEO Jim Murren on Thursday acknowledged states are more likely to lead the way...
5/6/2012
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Wolfgang Puck restaurant closing in MGM Grand
(Detroit) -- A restaurant in MGM Grand Detroit Casino is closing its doors for good. Wolfgang Puck Grille will officially close on Monday May 13, according to the casino...
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MGM Sell-Off Could Be A Buying Opportunity
(Wall Street) -- MGM's (MGM) Q1 results and a breakdown of key support could create a great buying opportunity. The first quarter saw a poor hold at both the wholly...
5/4/2012
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MGM rides the Las Vegas recovery
(Las Vegas) -- MGM Resorts International (MGM -3.48%) reported a loss Thursday of 44 cents a share for the first quarter. That was much wider than the loss of 15 cents a...
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MGM Resorts CEO Optimistic About Macau Casino
(Las Vegas) -- MGM Resorts International hopes to soon become a beneficiary of a casino land rush in Macau following the approval its rival Wynn Resorts Ltd. received...
5/3/2012
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As Costs Soar, MGM Resorts Bets On Crowded Macau
(Wall Street) -- Casino resort owner MGM Resorts (MGM), rival to Las Vegas Sands (LVS) and Wynn Resorts (WYNN), continues to struggle as costs rise.
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MGM loss up in 1st quarter, despite jump in revenue
(Wall Street) -- MGM Resorts International on Thursday reported a wider first-quarter loss than a year ago, though business picked up on the Las Vegas Strip.
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MGM Resorts CEO Optimistic About Macau Casino
(Las Vegas) -- MGM Resorts International hopes to soon become a beneficiary of a casino land rush in Macau following the approval its rival Wynn Resorts Ltd. received...
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MGM Resorts increase revenues 51 percent in first quarter, but net loss also grows
(Wall Street) -- Accounting issues and the consolidation of full results from its Macau hotel-casino into the company's overall financial picture left MGM Resorts...
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MGM Resorts Loss Widens After Tax Expenses in Macau
(Wall Street) -- MGM Resorts International (MGM) (MGM), the largest casino operator on the Las Vegas Strip, reported a wider first- quarter loss after tax costs related...
5/2/2012
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MGM Faces Another Loss, But On Rising Q1 Sales
(Wall Street) -- Casino resorts owner/operator MGM Resorts International (MGM) is gambling that China will boost earnings and get it back on the winning track.
4/2/2012
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Casino developer leaves $250,000 thank you
(Massachusetts) -- MGM Resorts last week retreated from its plans to build a casino in Brimfield, announcing it would seek an alternative site in Western Massachusetts.
3/28/2012
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MGM abandons plans for casino in Mass. town
(Massachusetts) -- MGM Resorts International, which has a Connecticut casino at Foxwoods, is abandoning a plan to build a resort-style casino in Brimfield and will seek...
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Mixed feelings in Brimfield on MGM's decision not to build casino in town
(Massachusetts) -- Casino company MGM announced Tuesday that they have decided not to build a resort casino in Brimfield . Residents of the eastern Hampden County town...
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MGM folds its tent in Brimfield
(Massachusetts) -- MGM Resorts International has scrapped plans to build a resort casino in Brimfield, leaving the chairwoman of the Board of Selectmen devastated and...
3/27/2012
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MGM Resorts Drops Casino Plans for Brimfield, Mass.
(Massachusetts) -- MGM Resorts International said Tuesday it is dropping plans to join with a western Massachusetts developer on a 150-acre casino proposed for Brimfield...
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MGM Resorts drops Mass. casino plan
(Massachusetts) -- MGM Resorts International, the Las Vegas-based gaming giant expected to vie with Mohegan Sun and others for a western Massachusetts casino license,...
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MGM Resorts still looking for Mass. casino site
(Massachusetts) -- MGM Resorts International has abandoned a proposed casino site in Massachusetts, but plans to seek alternative location in the western part of the...
3/26/2012
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MGM designer provides a glimpse of how Las Vegas resorts plan room renovations
(Las Vegas) -- Jeanne Lynne Starling looked into the bathroom mirror in one of the older rooms at the MGM Grand. "I'd be scared to put on my makeup here,"...
3/23/2012
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MGM Resorts International's creditworthiness strengthened
(Wall Street) -- MGM Resorts International completed a public offering of $1 billion in unsecured bonds Thursday, with the casino operator collecting $985.9 million in...
3/18/2012
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Analyst: Trade show and conference bookings helping boost MGM’s outlook
(Las Vegas) -- A gaming industry investment analyst is projecting a 40 percent increase in MGM Resorts International’s stock price in 12 to 18 months despite...
3/15/2012
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MGM Resorts International raises $1 billion in unsecured 10-year bonds
(Wall Street) -- MGM Resorts International raised $1 billion in unsecured 10-year bonds Thursday at the lowest interest rate the company has seen since 2007. The...
3/5/2012
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Non-binding Brimfield casino vote scheduled, but Preserve Brimfield group says it's too early
(Massachusetts) -- Voters will be asked if they support a resort casino in town at the annual Town Meeting on May 21, but the vote won’t count.
3/2/2012
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Casino developer seeks Brimfield input at new website
(Massachusetts) -- MGM Resorts International has launched a website promoting its proposal for a casino in the northwest corner of town.
2/23/2012
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Signatures certified for casino on warrant
(Massachusetts) -- Some believe it is too early for voters to weigh in on whether a resort-style casino is right for this small town, but others believe local voices...
2/22/2012
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Hopes Still High For Federal Poker Bill, Insists MGM’s Murren
(Las Vegas) -- There are still several opportunities left for Congress to pass federal online poker legislation this year, according to the boss of Las Vegas’...
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MGM Resorts Posts Narrower Loss as Las Vegas Strip’s Gambling Recovers
(Las Vegas) -- MGM Resorts International (MGM), the biggest casino operator on the Las Vegas Strip, reported a narrower fourth-quarter loss as Nevada’s gambling...
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MGM Resorts shrinks fourth quarter net loss as Strip results improve
(Las Vegas) -- At the conclusion of his company's fourth quarter earnings conference call Wednesday, MGM Resorts International Chairman Jim Murren made some remarks...
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MGM results improve on Las Vegas Strip spending, China growth
(Las Vegas) -- MGM Resorts International on Wednesday said net revenue improved across the board for its Las Vegas casino resorts in the fourth quarter, helping the...
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On the Call: MGM Resorts CEO Murren talks poker
(Las Vegas) -- MGM Resorts International reported a fourth-quarter loss of $113.7 million, slightly smaller than a year earlier, but CEO Jim Murren said he thinks the...
2/21/2012
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Casino developers contend with traffic concerns
(Massachusetts) -- As it prepares its bid for a casino resort in Brimfield, MGM Resorts is working feverishly to accomplish an equally difficult feat: build a...
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MGM Resorts announces plans for nongaming hotel in China
(China) -- MGM Resorts International will build a nongaming luxury hotel in Shanghai, China as part of the company's growing MGM Hospitality division.
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MGM Resorts bringing Bellagio brand to Shanghai
(China) -- Las Vegas-based casino resort operator MGM Resorts International said Tuesday it signed a joint-venture deal for development of a 200-room hotel in Shanghai,...
2/20/2012
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Gambling with debt
(Massachusetts) -- Gary Loveman likes to explain the gambling business in words that could only come out of the mouth of a Harvard management professor who ended up...
2/13/2012
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MGM To Gauge Support For Mass. Casino
(Massachusetts) -- A major Las Vegas casino company said it wants to get a sense from Brimfield residents if they back a resort-style casino in town.
2/9/2012
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MGM plan could go to vote
(Massachusetts) -- MGM Resorts International says it plans to use the results of a non-binding referendum to gauge public sentiment about their plan to build a casino in...
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MGM to gauge support for casino in Mass. town
(Massachusetts) -- A major Las Vegas casino company says it wants to get a sense from Brimfield residents if they back a resort-style casino in town.
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MGM wants casino on town meeting agenda
(Massachusetts) -- MGM Resorts is announcing that they are trying to get Brimfield residents to voice their approval for the company’s proposed casino in town.
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Petition filed for non-binding casino vote in Brimfield
(Massachusetts) -- Casino supporters here have filed a petition with the town clerk to place a non-binding question on the annual Town Meeting warrant in the spring to...
1/31/2012
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MGM builds team for Brimfield casino project
(Massachusetts) -- MGM Resorts International tapped global architectural firm Gensler to oversee the design of the casino company’s Rolling Hills Resort project in...
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MGM selects Gensler for Brimfield project
(Massachusetts) -- MGM Resorts International said today that it has selected Gensler as the architectural firm that will oversee the design of MGM’s Rolling Hills...
1/30/2012
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MGM Resorts selects architect for proposed Brimfield casino
(Massachusetts) -- MGM Resorts International announced Monday that it has selected Gensler, a leader in global sustainability, as the architectural firm that will...
1/28/2012
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Casino foes emerge in Brimfield area
(Massachusetts) -- Two weeks after absorbing the news that an international gambling corporation based in Las Vegas is eyeing a rural part of town for a $600 million...
1/23/2012
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MGM Looks To Bulk Up In Bay State As Massachusetts Goes Gambling
(Massachusetts) -- MGM Resorts International recently signed a deal to buy 150 remote acres in Brimfield, Massachusetts. MGM plans to develop an integrated resort on...
1/22/2012
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Behind The Sound Bite: Brimfield Casino Plan
(Massachusetts) -- Add another to the list. MGM Resorts International, which owns casinos in Las Vegas, Detroit, Mississippi and China, has thrown its hat into the ring...
1/20/2012
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Casino planners eye pike ramps
(Massachusetts) -- Developers who hope to build a casino in a remote section of Brimfield say they envision a ramp coming from the Massachusetts Turnpike that would...
1/18/2012
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Brimfield selectmen postpone making decision on hiring casino consultant
(Massachusetts) -- With one of the three members absent, the Board of Selectmen postponed reviewing the three submissions from casino consultants until its next meeting...
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MGM Resorts sets sights on casino at antiques hub Brimfield
(Massachusetts) -- Casino company MGM Resorts International hopes to develop a resort casino on a 150-acre site in Brimfield, Mass., a small town famous for its antique...
1/14/2012
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MGM Resorts unveils western Massachusetts casino plan
(Massachusetts) -- The competition for the sole resort casino license in western Massachusetts intensified Thursday, as MGM Resorts International announced a plan to...
1/13/2012
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Casino License Race Heats Up With Brimfield Proposal
(Massachusetts) -- Another Las Vegas casino company has entered the competition for the state’s only casino license in western Massachusetts. MGM Resorts...
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In Brimfield, a soft-sell on casino
(Massachusetts) -- The wooded valley in which MGM Resorts International wants to build a Western Massachusetts casino spreads out below a high bluff, at the end of a...
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MGM Resorts Promises Thousands of Jobs for Western MA in Casino Bid
(Massachusetts) -- MGM Resorts International is promising thousands of jobs from a proposed resort casino in a remote area of western Massachusetts. WAMC's Paul...
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Mgm Resorts Seeking Casino in Western Mass. Town
(Massachusetts) -- Casino company MGM Resorts International hopes to develop a resort casino on a 150-acre site in a small town in the western part of the state near the...
1/12/2012
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Another Large Gambling Company Plans to Vie for Western MA Casino License
(Massachusetts) -- Another large gambling company is going to vie for a casino license in western Massachusetts. WAMC's Paul Tuthill reports...
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From antiques to casinos?
(Massachusetts) -- To many New Englanders, this town is synonymous with antiques – the sprawling Brimfield Fair that runs each summer, attracting thousands of...
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MGM Announces Interest in Bringing Resort to Brimfield
(Massachusetts) -- MGM Resorts International's Chairman and CEO Jim Murren today announced the company (NYSE: MGM - News) signed a contract with Rolling Hills...
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MGM executives promise not to wreck Brimfield’s rural character
(Massachusetts) -- The wooded valley in which MGM Resorts International wants to build a Western Massachusetts casino spreads out below a high bluff, at the end of a...
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MGM eyeing casino project
(Massachusetts) -- MGM Resorts International, which owns the MGM Grand Casino in Las Vegas, will partner with local developer David J. Callahan, CEO of Palmer Paving...
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MGM Resorts announces Brimfield casino plan, promises 3,000 jobs
(Massachusetts) -- MGM Resorts International, one of the largest casino companies in the world, said thousands of jobs would be generated by the company’s proposed...
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MGM Resorts enters Massachusetts casino bid
(Massachusetts) -- MGM Resorts International executives told local officials, residents and the media this morning that they’re intent on building the Rolling Hill...
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MGM Resorts promises 3,000 jobs at proposed ‘world-class resort’ in Brimfield
(Massachusetts) -- MGM Resorts International, one of the largest casino companies in the world, said today that thousands of jobs would be generated by the company...
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MGM Resorts Unveils Casino Plan In Brimfield
(Massachusetts) -- MGM Resorts International says it has signed a contract with a local landowner in Brimfield, to develop a resort casino in the western Massachusetts...
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MGM Resorts unveils plan to develop resort casino in western Mass.
(Massachusetts) -- MGM Resorts International says it has signed a contract with a local landowner to develop a resort casino in the western Massachusetts town of...
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MGM Resorts unveils western Massachusetts casino plan
(Massachusetts) -- The competition for the sole resort casino license in western Massachusetts intensified Thursday, as MGM Resorts International announced a plan to...
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MGM Resorts working to acquire land in Massachusetts for hotel-casino
(Massachusetts) -- MGM Resorts International officially entered the race for a Massachusetts casino license Thursday, signing a deal to acquire 150 acres in the town...
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MGM Rolling Hills Resort casino project projected to bring 3,000 jobs to Brimfield area
(Massachusetts) -- David J. Callahan, president of Palmer Paving, stood at the top of a rural hillside in the northwest corner of Brimfield Thursday and showed a group...
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Reaction to Brimfield casino proposal
(Massachusetts) -- MGM wants to have a new home in the small town of Brimfield. The company wants to build a $600 million resort style casino. And the first step to...
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Residents React to Brimfield Casino Proposal
(Massachusetts) -- Another casino proposal is on the table in Western Massachusetts. MGM Resorts International announced on Tuesday it wants to build a casino in a...
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Foxwoods not objecting to MGM interest in Mass.
(Connecticut) -- Foxwoods Resort Casino, which has a licensing agreement with MGM Grand covering its second casino, is not objecting to involvement by MGM’s parent...
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