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The Latest: MGM, Wynn tamp down Boston casino intrigue

The Latest on MGM’s plans to open a casino in Massachusetts (all times local): 1 p.m. Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn’s Boston-area casino.

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MGM Resorts

10/19/2019

article Entertainment to be the key at Empire City
(New York) -- “You want to see Lady Gaga? Well, I can bring her to Empire City,” Jim Murren, chairman and CEO of MGM Resorts International said while...

10/17/2019

article MGM asset sales “dry powder” for Japan
(Japan) -- MGM Resorts’ accord to divest two major assets will raise $4.3 billion in net proceeds and potentially raise funds for a development in Japan, according...

10/16/2019

article Bellagio, Circus Circus deals for MGM balance sheet: CEO
(Las Vegas) -- United States-based casino firm MGM Resorts International’s planned sale for US$825 million of its Circus Circus Las Vegas venue and its decision to...
article How Important Is Macau For MGM Resorts?
(Macau) -- The opening of MGM Cotai in February 2018 marked an increased dependence of MGM Resorts (NYSE: MGM) on the gambling capital of the world.

10/15/2019

article MGM Agrees to Sell Bellagio to Blackstone for $4.25 Billion
(Las Vegas) -- MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed to sell the Bellagio resort in Las Vegas to...
article MGM enters US$4.2 billion sale and lease deal for iconic Las Vegas casino Bellagio
(Las Vegas) -- MGM Resorts International is set to sell iconic Las Vegas Strip resort the Bellagio in a US$4.2 billion deal that will see it continue to operate the...
article MGM Resorts sells Circus Circus, Bellagio in Las Vegas
(Las Vegas) -- MGM Resorts International has sold two iconic casinos that will dramatically reform ownership landscape on the Strip. The company sold Circus Circus in an...
article MGM Resorts sells Circus Circus, Bellagio on Las Vegas Strip
(Las Vegas) -- MGM Resorts International announced the sale Tuesday of two casinos that will significantly alter its portfolio of Las Vegas Strip properties and offer up...
article Taco Bell, BetMGM raise stakes on World Series ‘Steal a Taco’ promo
(Nevada) -- Sports bettors in Nevada will have the chance to win free tacos — and a bit of cash — through a new partnership between BetMGM and Taco Bell.

10/14/2019

article MGM CEO Jim Murren Suggests Casino Could Lead to More Sports for Yonkers Region
(New York) -- MGM Resorts International may use its ownership of the Yonkers New York Empire City Casino to expand regional sports and entertainment offerings —...

10/5/2019

press release MGM Resorts reaches US$800 million settlement with victims of 2017 Las Vegas shooting
(Las Vegas) -- MGM Resorts International has reached a settlement agreement with the plaintiffs involved in a class litigation relating to the 1 October 2017 shooting...

10/1/2019

article MGM China, Pansy Ho, MGM Resorts extend branding and non-compete agreements to align with 2022 gaming concession expiry
(Macau) -- MGM China Holdings has announced the extension of long-running branding and non-compete agreements with its Co-Chairperson and Executive Director Pansy Ho,...

9/30/2019

article MGM: Activist Joining Board Could Spur Investors Now On The Sidelines
(Wall Street) -- Small hedge funder Keith Meister is a former close Icahn guy who has been given a seat on the MGM board. It's a plus for investors seeing a possible...

9/23/2019

article MGM in talks to sell Circus Circus to Treasure Island owner Phil Ruffin
(Las Vegas) -- MGM Resorts International is in talks to sell its Circus Circus property there to real estate mogul Phil Ruffin, according to a Bloomberg publication...

9/18/2019

article Las Vegas casinos MGM Grand and Bellagio up for sale?
(Las Vegas) -- With the future Las Vegas poker venues under close watch from players wondering exactly where they might play the 2020 World Series of Poker Main Event,...
article BetMGM Sportsbook review
(Atlantic City) -- MGM Resorts recently rolled out their new sports betting brand, BetMGM, which is to replace the former PlayMGM in NJ. With the new name comes a number...

9/17/2019

article Blackstone to buy Bellagio and MGM Grand?
(Las Vegas) -- MGM Resorts stock rose 2.13 per cent to $29.69 on more than two times average volume after Bloomberg reported Blackstone might buy and lease back Bellagio...
article Tracinda sells remaining shares of MGM, ending the late Kerkorian’s ties with the company
(Las Vegas) -- The financial ties between MGM Resorts International and its late founder Kirk Kerkorian have ended. The casino giant said Monday that Tracinda Corp.,...

9/16/2019

article Blackstone Looking to Buy and Lease Back Iconic Vegas Casinos from MGM - Report
(Las Vegas) -- Blackstone Group (BX - Get Report) is in advanced talks to buy and lease back the iconic Bellagio and MGM Grand Las Vegas casinos from MGM Resorts...
article Estate of MGM Resorts Founder Kirk Kerkorian Sells Remaining Stake in Casino Giant
(Las Vegas) -- MGM Resorts no longer has any financial ties to its founder, Kirk Kerkorian, after the late billionaire’s estate divested its remaining shares in...
article MGM Reaches 1M GameSense Milestone
(British Columbia) -- When MGM Resorts International in 2017 adopted the BCLC-developed GameSense safer gambling initiative, it in all likelihood did not expect that the...

9/13/2019

article MGM Growth Properties Increases Quarterly Dividend To An Annualized Rate Of $1.88 Per Share
(Las Vegas) -- MGM Growth Properties LLC ("MGP") MGP, -0.14% today announced that its board of directors declared a quarterly cash dividend of $0.4700 per Class A common...

9/11/2019

press release MGM Resorts' Responsible Gambling Program Hits Unprecedented 1 Million Customer Interactions Nationwide
(Las Vegas) -- MGM Resorts International (MGM) today announced that GameSense, an innovative responsible gaming initiative that was adopted by MGM Resorts in 2017,...

9/7/2019

article MGM refreshes sports betting app for New Jersey, inks Buffalo Wild Wings deal
(New Jersey) -- Rushing to capitalize on New Jersey’s newly relaxed laws around sports betting, MGM Resorts International is rebranding its mobile gambling app and...

9/5/2019

article Buffalo Wild Wings takes step towards sports gambling, releases mobile app with MGM
(Las Vegas) -- A casino company and a nationwide sports bar are launching a mobile football game designed to let customers pick favorite NFL teams, choose weekly fantasy...
article Buffalo Wild Wings, MGM partner on sports betting
(Las Vegas) -- A dozen spicy wings and a 12-team parlay? The sports betting experience is coming to a Buffalo Wild Wings near you via one of America's largest...

9/3/2019

article A thriving Cross County Shopping Center in Yonkers considers expansion
(New York) -- While some traditional retailers have been severely impacted by internet shopping, Craig Deitelzweig, the president and CEO of Marx Realty, which along...

8/26/2019

article MGM Resorts Buys a Stake in Sydell Group, NoMad
(Las Vegas) -- MGM Resorts bought a 50 percent stake in Sydell Group, the company behind NoMad hotels, as well as the Line and Saguaro. The New York-based Sydell Group...

8/23/2019

article One year after MGM, some business see more customers, others ask why empty storefronts remain
(Massachusetts) -- General Manager Victor Oundjian looks out through the giant plate-glass windows of Lorilil Jewelers’ new location on south Main Street and sees...

8/22/2019

article MGC Announces Appointment of Independent Monitor for Wynn Resorts
(Massachusetts) -- The Massachusetts Gaming Commission (MGC) announced the appointment of Washington D.C. based law firm Miller & Chevalier Chartered to serve as the...
article MGM Getting Into Boutique Hotel Business With New Acquisition (sub req)
(Wall Street) -- MGM Resorts International acquired a 50% stake in the lodging company that operates the boutique NoMad hotels and five other brands, as it seeks to...

8/20/2019

article Court approves sale of AAF gambling app to MGM
(Texas) -- A Texas bankruptcy court ruled Tuesday that the settlement agreement between the now-defunct Alliance of American Football and MGM Resorts International...
article Court approves sale of AAF gambling app to MGM
(Texas) -- A Texas bankruptcy court ruled Tuesday that the settlement agreement between the now-defunct Alliance of American Football and MGM Resorts International...

8/14/2019

article MGM Growth Properties A Far Better Casino Bet Than Wynn Resorts, Due To Macau Exposure
(Wall Street) -- Investors take note: there is a time to invest overseas and also a time to keep your assets at home. Macau casino investors now must review their...

8/10/2019

article Non-Indian gaming company sues Trump administration over tribal agreements
(Washington D.C.) -- A non-Indian company that lobbied the Trump administration in hopes of derailing two tribes is now suing the Trump administration for allowing the...

8/6/2019

article MGM National Harbor bounces back from 2 straight monthly declines
(Maryland) -- Maryland’s six casinos generated $149.3 million in gaming revenue in July, up 1.9% from July 2018. MGM National Harbor accounted for $60.8 million of...

8/4/2019

article MGM increases resort fees at 3 Las Vegas Strip properties
(Las Vegas) -- After leaving resort fees steady for more than a year, MGM Resorts International has increased them at Aria, Vdara and Bellagio. The $6 increase,...

8/3/2019

article Once a skeptic, MGM Resorts now seeking ways to benefit from Las Vegas’ $1.9B stadium
(Las Vegas) -- Based on Jim Murren’s enthusiastic approach last week toward the $1.9 billion Las Vegas Stadium, one might think MGM Resorts International was a...

8/2/2019

article MGM Resorts announces resort fee increases for Aria, Bellagio and Vdara
(Las Vegas) -- MGM Resorts International announced three Las Vegas Strip properties would see an increase of $6 in resort fees based on local and nationwide market...

7/25/2019

article MGM Resorts not planning to buy or sell casinos as board committee continues real estate evaluation
(Las Vegas) -- Forget about MGM Resorts International stepping into the picture to acquire any of the regional properties that might be shed as part of the $17.3 billion...
article MGM will redesign its uniforms after a complaint of Holocaust imagery
(Ohio) -- June Scharf was going through the security checkpoint at the MGM Northfield Casino near Cleveland recently when something about the security guards'...
article Casino to redesign uniforms after complaint they evoke Holocaust imagery
(Ohio) -- Ohio’s MGM Northfield Casino will redesign its employee uniforms after a customer said they reminded them of the Star of David that Jews were forced to...
article MGM Resorts to change logo on security uniforms that resembles Jewish star
(Ohio) -- MGM Resorts International said it will change the logo on its security uniforms, yellow shirts with a symbol that looks like a Jewish star.
article MGM Resorts, including MGM Springfield, changing security shirt design after Ohio complaint of Holocaust imagery
(Ohio) -- MGM Resorts International has announced that it will change the design of its security officer shirts, including those worn at MGM Springfield, after a...
article MGM to remove six-pointed star from security uniforms
(Ohio) -- Casino operator MGM Resorts International said Tuesday that an inquiry by a weekly Cleveland newspaper has prompted the company to begin removing a six-pointed...

7/19/2019

article MGM Considers Sale and Leaseback of Top Resorts Like Bellagio
(Las Vegas) -- MGM Resorts International, the largest operator of casinos in Las Vegas, is exploring the sale and leaseback of iconic properties such as Bellagio,...

7/18/2019

article MGM Resorts Stock Has Less Room for Gains, Analyst Says
(Las Vegas) -- MGM Resorts International ’s next earnings report may be weaker than expected—and that could be just the start of the casino operator’s problems—according...

7/13/2019

article Savoring the splendor
(Las Vegas) -- Tony Bennett, the Grammy-award winning vocalist, may have felt he was in Tuscany as he performed inside the MGM Mansion in February. One of the most...

7/12/2019

article The Mansion, MGM's exclusive luxury residence for high rollers, celebrates its 20th birthday
(Las Vegas) -- Tony Bennett, the Grammy-award winning vocalist, may have felt he was in Tuscany as he performed inside the MGM Mansion in February. One of the most...

7/10/2019

article Former MGM sportsbook boss, Jay Rood, shares his most memorable - and crazy - moments behind the counter
(Las Vegas) -- On a typically torrid June afternoon in Las Vegas, while lunching on a turkey club sandwich and a glass of iced tea at Egg Works, Jay Rood recounted his...

7/8/2019

article A child touched an electrified railing at MGM National Harbor resort, and lives changed
(Maryland) -- Carlos Green reaches into his pocket by habit to pull out his cellphone as his eyes glisten with tears. “I just want her to talk to me, man,”...
article MGM launches responsible gambling program at New York’s Empire City Casino
(New York) -- MGM Resorts International has rolled out GameSense, an MGM Resorts-wide program that aligns responsible gambling policies with enhanced customer service...

7/7/2019

article MGM Growth Properties is Luring Professional Investors With Rising Rents, Higher Dividends
(Wall Street) -- MGM Growth Properties LLC, a gaming and leisure real estate investment trust (REIT), is becoming a favorite of professional investors, including hedge...

7/3/2019

article Why MGM Resorts International Shares Jumped 15.7% in June
(Wall Street) -- Shares of casino giant MGM Resorts International (NYSE:MGM) jumped 15.7% in June, according to data provided by S&P Global Market Intelligence, as...

7/2/2019

article Why MGM Resorts Would Sink Millions Into Sports Betting Technology From A Dead League
(Las Vegas) -- The Alliance of American Football might be dead, but MGM Resorts doesn’t want to see its sports betting technology buried alongside it. As part of...
article MGM launches GameSense responsible gambling program at Empire City
(New York) -- MGM Resorts International has launched GameSense, described by the firm as an industry-best, company-wide program that aligns responsible gambling policies...

6/27/2019

article 6-year-old girl who was electrocuted at an MGM casino is still in recovery one year later
(Maryland) -- It has been one year since the electrocution of a 6-year-old girl at the MGM National Harbor. On June 26, 2018, Zynae Green was hospitalized after...

6/25/2019

article MGM faces lawsuit over termination, alleged discrimination
(Las Vegas) -- Paul Ross worked for MGM Grand Detroit in Michigan, one of MGM Resorts International’s properties, for almost 20 years. He started as a slot...
article 3 former MGM execs hosting free career development workshops
(Las Vegas) -- Three former MGM Resorts International executives will be working to help local job-seekers find work. The Free Career Development Workshops are set to...

6/24/2019

article MGM Growth Properties: Best Among Gaming REITs
(Wall Street) -- The recent news that El Dorado Resorts (NASDAQ:ERI) is going to merge with Caesars Entertainment Corp. (NASDAQ:CZR) resulted from Carl Icahn hopping on...

6/20/2019

article Winning bettor loses as 2 MGM payout checks bounce
(Massachusetts) -- A double-dribble by MGM; a sports bettor says the casino bounced two payout checks on his March Madness bet. The man lives in California, and he doesn...

6/15/2019

article Laid-off Las Vegas MGM staff navigating tight hospitality market
(Las Vegas) -- Two months after she was laid off from her job at MGM Resorts International, Mali Catello is still looking for work. After spending nearly two years with...

6/14/2019

article Laid-off Las Vegas MGM staff navigating tight hospitality market
(Las Vegas) -- Two months after she was laid off from her job at MGM Resorts International, Mali Catello is still looking for work. After spending nearly two years with...
press release MGM Growth Properties Increases Quarterly Dividend To An Annualized Rate Of $1.87 Per Share
(Wall Street) -- MGM Growth Properties LLC ("MGP") MGP, +0.89% today announced that its board of directors declared a quarterly cash dividend of $0.4675 per...

6/10/2019

article MGM Resorts Japan President releases book on how IRs will change Japan
(Japan) -- The President of MGM Resorts Japan, Jason Hyland, has released a book titled “Japan will change with IRs (Integrated Resorts)” Available in...
article MGM stock jumps as director’s fund buys millions more
(Wall Street) -- Now that he has a seat at the table, MGM Resorts International ’s newest director is heaping more stock onto his plate. The purchase sparked...

6/7/2019

article MGM layoffs could help bid in Japan, company executive says
(Las Vegas) -- Former Gov. Brian Sandoval, now the president of global gaming development for MGM Resorts International, said he believes its recent layoffs could help...

6/5/2019

article MGM National Harbor posts 1st-ever gambling revenue decline
(Maryland) -- MGM National Harbor pulled in a hefty $59.1 million in gaming revenue in May, but that was down 5.1% from a year ago, the casino’s first-ever year-...

6/3/2019

article Final MGM Layoff Wave Tops Recent Gaming Industry Headlines
(Las Vegas) -- This year continues to be a wild and eventful year for the gaming industry. MGM Resorts just completed its final round of layoffs last week in accordance...
article MURREN: Japan represents world’s best ROI gaming opportunity
(Japan) -- MGM Resorts Chairman and CEO Jim Murren has described Japan as representing the highest ROI gaming opportunity currently available worldwide, despite concerns...

6/1/2019

article Wife of Wynn Resorts CEO Matt Maddox hit him multiple times at hotel
(Las Vegas) -- Katherine Maddox, the wife of Wynn Resorts CEO Matt Maddox, must undergo domestic violence counseling for striking him at Red Rock Resort on April 27....
article MGM Resorts eliminates 557 positions in final round of MGM 2020 layoffs
(Las Vegas) -- MGM Resorts International told employees Thursday it was eliminating 557 positions at the casino giant, the final wave of layoffs as part of the overall...

5/30/2019

article MGM Resorts lays off another 557 across its U.S. operations
(Las Vegas) -- MGM Resorts International said Thursday that it is laying off another 557 employees across its U.S. operations, bringing the total number of layoffs so...
article MGM Resorts lays off 557 more employees in cost-cutting move
(Las Vegas) -- The final wave of cuts eliminating a total 1,070 jobs at MGM Resorts International properties began Thursday. MGM Chairman and CEO Jim Murren distributed...

5/24/2019

press release Podcaster Ashley Stahl and Lifestyle Blogger CeCe Olisa to Speak at 13th Annual Women's Leadership Conference Presented by The MGM Resorts Foundation
(Las Vegas) -- The 13th Annual Women's Leadership Conference is pleased to announce for this year's conference two dynamic speakers with distinctive, intriguing...

5/9/2019

article MGM Resorts Takes Full Control of its Las Vegas Venues
(Las Vegas) -- MGM Resorts is taking full control of several of its Las Vegas venues. The Hakkasan Group and MGM Resorts International announced their management...

5/7/2019

article MGM to assume management of six Hakkasan Group locations inside three Las Vegas resorts
(Las Vegas) -- MGM Resorts International and nightclub operator Hakkasan Group ended several of their management agreements over locations inside the casino operator’s...

5/4/2019

article MGM: Companywide workforce reduction to cover 1,000 job eliminations by June
(Las Vegas) -- MGM Resorts International said Monday its total workforce reduction will cover roughly 1,000 employees by June – almost four times the number of...

4/30/2019

article OP/ED: Murren says the focus is on MGM 2020, downplays any deal for the Cosmopolitan
(Las Vegas) -- Jim Murren attempted on Monday to stamp out speculation that MGM Resorts International wants to acquire the Cosmopolitan of Las Vegas, which was put up...

4/29/2019

article MGM Resorts expects to have cut about 1,000 jobs by June
(Las Vegas) -- MGM Resorts International executives said Monday they’ll continue to focus on a cost-cutting initiative that is putting hundreds in the unemployment...

4/28/2019

article How MGM Resorts Corporate Mixologist Craig Schoettler Uses His Culinary Background Behind The Bar
(Las Vegas) -- Just off the casino floor at the Park MGM in Las Vegas is Juniper Cocktail Lounge, a stylish venue for innovative craft cocktails with an impressive gin...

4/26/2019

article Cost-saving initiative leads to job losses at MGM Resorts International
(Las Vegas) -- American casino operator, MGM Resorts International, has reportedly followed through with a portion of a cost-saving initiatives first unveiled in January...
article A.C.'s Borgata affected as parent company MGM Resorts eliminates 254 positions
(Atlantic City) -- Atlantic City's Borgata Hotel Casino & Spa eliminated some positions as part of companywide layoff plan from parent company MGM Resorts...
article MGM Grand National Harbor Workers Worried New Ownership Will Cost Jobs
(Maryland) -- The MGM Grand National Harbor is one of the top-grossing casinos for its parent company MGM Resorts International. But union employees are concerned that...

4/25/2019

article MGM Resorts International lays off 254 managers
(Las Vegas) -- MGM Resorts International informed 254 people Thursday that they have lost their jobs as the company seeks to slash labor costs by $100 million. The Las...

4/18/2019

press release MGM Resorts Named One of America's Best Large Employers by Forbes
(Las Vegas) -- MGM Resorts International (NYSE: MGM) was ranked No. 18 on Forbes' list of 500 America's Best Large Employers for 2019. Forbes, in partnership...

4/7/2019

article Should Investors Worry About MGM Resorts' Growing Debt Burden?
(Wall Street) -- The massive expansion program Opens a New Window. MGM Resorts (NYSE: MGM) recently completed comes at an equally staggering cost: The casino operator...

4/5/2019

article Red Sox and MGM Resorts officials reveal additions at Fenway Park
(Massachusetts) -- The Green Monster has a new logo, just in time for the Red Sox home opener. A large advertisement featuring MGM Resorts’ roaring lion trademark...

4/3/2019

article Hard Rock Rocksino will celebrate becoming MGM Northfield Park on Tuesday
(Ohio) -- MGM on Tuesday will celebrate entering the Ohio gambling market with the grand opening of MGM Northfield Park, following the $1 billion purchase of the former...

4/2/2019

article MGM Completes MGM Northfield Park Acquisition, Rebrand
(Ohio) -- MGM Resorts International announced Monday that it has completed the acquisition of the operating assets of Hard Rock Rocksino Northfield Park from its real...

3/29/2019

article MGM host referred "top-tier player" for problem gaming help
(Massachusetts) -- As problem gambling awareness month draws to a close, a longtime responsible gaming advisor who works with the Gaming Commission said Massachusetts...
press release MGM Resorts International Joins World Observance of Earth Hour 2019
(Worldwide) -- For the 12th consecutive year, MGM Resorts International MGM, +0.23% will participate in Earth Hour, the worldwide effort that puts climate change in the...

3/25/2019

article Hanson, Village People to perform during 'MGM Live' concert series
(Massachusetts) -- Music will soon once again fill the air outside MGM Springfield as the resort-casino continues to unveil its summer concert series line-up.

3/24/2019

article Longtime MGM Resorts executive Alan Feldman moving to an advisory role on June 1
(Las Vegas) -- Longtime MGM Resorts International spokesman and executive Alan Feldman will transition into an advisory role with the casino giant on June 1. Feldman,...

3/23/2019

article MGM Cotai launches Mansion-branded villas
(Macau) -- In Macau, the boss for MGM Resorts International has reportedly announced that his firm’s MGM Cotai integrated casino resort has just opened a block of...

3/22/2019

article MGM Cotai launches The Mansion luxury VIP enclave
(Macau) -- MGM Cotai has finally opened its long-waited luxury VIP accommodation, The Mansion. MGM Resorts International Chairman and CEO Jim Murren revealed during an...
article MGM to learn Japan fate by early 2020: Murren
(Japan) -- MGM Resorts International Chairman and CEO Jim Murren says he expects to know whether his company has been successful in its bid for a Japanese IR license by...
article MGM, Dubai World to split CityCenter dividend of $180 million
(Wall Street) -- MGM Resorts International and global investment company Dubai World will split a $180 million dividend from their 50-50 ownership of the CityCenter...

3/19/2019

article IAG’s day at the baseball: MGM Resorts boosting Japan brand awareness
(Japan) -- The MGM Resorts brand has been front and center in Japan this week ahead of the opening game of the 2019 Major League Baseball (MLB) season, to be held at...
press release MGM: Major League Soccer Sees More Fan Engagement, Revenue Opportunity in Sports Betting
(USA) -- Major League Soccer is looking to open new revenue sources and reach fans by signing a deal making MGM Resorts International (MGM) its first official gambling...

3/17/2019

article Meet MGM’s new Washington muscle
(Washington D.C.) -- MGM has positioned itself as a federal lobbying powerhouse as it seeks to sway Congress and the Trump administration on everything from Yucca...

3/14/2019

article MGM Empire City Casino Execs in Yonkers Push for Live Table Games, But Key New York Politicians Push Back
(New York) -- MGM Resorts International recently acquired Empire City Casino in Yonkers, New York — 15 miles north of midtown Manhattan — and now the gaming...
article MGM: One Too Many Ants At An Otherwise Nice Picnic
(Las Vegas) -- In many articles on MGM Resorts International (NYSE:MGM) we have expressed both enthusiasm and head scratching. We guided high when we saw a clear bull...

3/11/2019

press release MGM Resorts Celebrates Women's History Month with Lioness Logo Transformation
(Las Vegas) -- MGM Resorts International (NYSE: MGM) temporarily transforms the company's iconic Leo the lion logo into Leona the lioness to recognize Women's...

3/8/2019

article Red Sox and MGM Resorts International forge multi-year partnership
(Massachusetts) -- Get used to the Lion on the Wall. The Red Sox announced a brand-new casino partnership on Friday, entering a multi-year agreement with MGM Resorts...
article Boston Red Sox Winter Weekend to be held at MGM Springfield; team reaches multi-year partnership with MGM
(Florida) -- The Red Sox’s annual Winter Weekend event is coming to Springfield. The Red Sox have reached a “multi-year partnership” with MGM as team...
article MGM Inks First MLB Team Casino Sponsorship Deal With Boston Red Sox
(Massachusetts) -- The Green Monster will soon meet the MGM lion. MGM Resorts International announced a multiyear agreement Friday to be the official and exclusive...
article MGM joins name-brand roster at downtown development
(Tennessee) -- MGM has latched onto the sprawling, billion-dollar downtown Nashville development where Amazon is opening a 5,000-job hub. MGM Resorts International Inc...
press release MGM Resorts International Named Official & Exclusive Resort Casino Of The Boston Red Sox
(Nevada) -- MGM Resorts International MGM, -0.66% today announced the formation of an official partnership with the Boston Red Sox. This partnership includes the MGM...

3/6/2019

article MGM Resorts Ruffles Union Feathers With Job Cuts, Automated Services
(Las Vegas) -- MGM Resorts announced this week that it plans to reduce a certain number of bartending and cashier positions at its Las Vegas Strip properties with...

3/1/2019

article President and COO of MGM Grand is leaving as part of voluntary resignation program
(Las Vegas) -- Scott Sibella, the president and COO of the MGM Grand is leaving the company. MGM Resorts International confirmed Sibella agreed to a voluntary...

2/27/2019

article Former Foxwoods CEO fronts MGM sports betting operation
(Connecticut) -- Whether it ever opens a casino in Connecticut, MGM Resorts International could be a sports-betting player in the state, if only on mobile devices....
article Northfield Park’s Hard Rock Racino will be renamed MGM Northfield Park
(Ohio) -- The Hard Rock Racino Northfield Park will be getting a new name, logo and branding theme beginning as early as this spring. Ohio’s busiest gambling venue...
article Japan Push Continues For MGM With Title Sponsorship Of MLB Opening Series
(Japan) -- MGM Resorts announced this week its title sponsorship of Major League Baseball’s Opening Series in Japan. The deal adds another log to the fire of the...

2/22/2019

press release MGM Resorts International Announces Leadership Changes
(Las Vegas) -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced changes to its leadership team and a...

2/21/2019

article MGM Resorts International Recognized With Coveted 2019 Travel Awards
(USA) -- It's award season and MGM Resorts International is celebrating several prominent awards from Forbes Travel Guide and U.S. News & World Report—both...

2/19/2019

article MGM Betting Big On Its Sports League Partnerships
(Las Vegas) -- MGM Chief Executive Officer Jim Murren’s comments last week about what he called the “perplexing” new Department of Justice Opinion on...

2/18/2019

article MGM Resorts reports strong 4Q18
(Las Vegas) -- MGM Resorts International released its latest financial results, which indicate that consolidated net revenues in the fourth quarter of 2018 increased by...

2/13/2019

press release For the Sixth Consecutive Year, MGM Resorts International Recognized for Support of Women-owned Businesses
(Wall Street) -- MGM Resorts is one of 60 corporations that meet WBENC's rigorous standards. The Top Corporations recognized this year collectively spent more than $...
press release MGM China Reports 2018 Annual Results
(Macau) -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected financial data of the...
article Shares of MGM Resorts rise as casino operator reports strong revenue growth
(Wall Street) -- MGM Resorts International MGM, -0.75% shares rose in Wednesday's extended session after the casino and hotel operator posted better-than-expected...

2/12/2019

article Analysts Say MGM Resorts Benefiting From Higher Las Vegas Strip Room Rates
(Las Vegas) -- JPMorgan and Credit Suisse analysts say MGM Resorts is benefitting in 2019 from higher room rates at several Las Vegas Strip properties.

1/19/2019

article MGM Resorts bows to pressure, names Icahn protege to board
(Las Vegas) -- MGM Resorts International is bowing to pressure from activist hedge funds after months of rumored displeasure with the company’s stock performance....

1/18/2019

article MGM Resorts bows to pressure, names Icahn protege to board
(Las Vegas) -- MGM Resorts International is bowing to pressure from activist hedge funds after months of rumored displeasure with the company’s stock performance....

1/13/2019

article DC woman who lost thousands in MGM casino winnings from staff typo gets money back
(Maryland) -- After a week of waiting, a DC woman who lost her winnings at a Maryland casino due to a typo says she has finally received her money. Cynthia Obie won...
article MGM National Harbor pays customer slot jackpot lost due to employee error
(Maryland) -- MGM Resorts International said Saturday it repaired an embarrassing mix-up that cost a customer at the MGM National Harbor in Maryland a large slot machine...
article RALSTON: Harry Reid unplugged
(Nevada) -- In all the years I have known Harry Reid, never has he so well encapsulated his career as he did last week when I sat down with him at his Anthem Country...

1/10/2019

article Casino stocks on watch after MGM-Starboard development
(Wall Street) -- Select casino stocks have perked up a bit on reports that Starboard Value is building a stake in MGM Resorts.

1/8/2019

article Ex-Gov. Brian Sandoval takes position with MGM Resorts
(Las Vegas) -- Former Gov. Brian Sandoval is joining MGM Resorts International as its first president of global gaming development, the company announced Tuesday.
article Former Nevada Governor Brian Sandoval joins MGM Resorts
(Nevada) -- Former Nevada Governor Brian Sandoval, one day after leaving office, has a new job. MGM Resorts International said Tuesday that Sandoval, 55, will join the...
article MGM Resorts hires Nevada ex-guv Sandoval for Japan, sports betting
(Nevada) -- Casino operator MGM Resorts has tapped Nevada’s former governor to assist the company’s pursuit of a Japanese casino license and US sports...

1/3/2019

article MGM launches growth programme
(Las Vegas) -- A new strategy to reduce costs and drive up efficiency has been launched by MGM Resorts. The group anticipates an adjusted annual increase in EBITDA of $...
article New MGM Resorts cost reduction plan could add $300M to annual cash flow by 2021
(Las Vegas) -- Casino giant MGM Resorts International outlined a cost reduction, margin improvement plan Thursday that the gaming company said would lead an additional $...
article Layoffs part of MGM Resorts plan to boost cash flow
(Las Vegas) -- MGM Resorts International said it plans to boost operating cash flow an additional $300 million a year by trimming the number of managers, centralizing...

12/28/2018

article Japan suitor MGM Resorts boosts credit pipeline
(Japan) -- Casino operator MGM Resorts International says it has completed arrangements that will see it borrow more money for longer. The United States-based firm...

12/27/2018

press release MGM Resorts International Completes Increase And Extension Of Senior Credit Facilities
(Las Vegas) -- MGM Resorts International MGM, -0.26% (the "Company") today announced that it has successfully amended its senior credit agreement to, among...

12/26/2018

article MGM’s Purchase of Empire City Casino to Close in January
(New York) -- MGM Resorts International’s $850-million purchase of the Empire City Casino property here is scheduled to close in a January. MGM announced the...

12/22/2018

article Steve Zanella Named President & Chief Operating Officer for MGM Resorts' CityCenter
(Las Vegas) -- MGM Resorts International (NYSE: MGM) announced yesterday the appointment of Steve Zanella as President & Chief Operating Officer of CityCenter....

12/21/2018

article MGM’s Connecticut face takes New York casino job
(Connecticut) -- MGM Resorts’ main man in Connecticut will now head the Las Vegas casino company’s new property, a racetrack and gambling hall in Yonkers,...
article Empire City Casino: MGM announces big first change in Yonkers
(New York) -- With its purchase of Empire City Casino set to close next month, MGM announced Friday who will head the Yonkers casino and racetrack.
press release MGM Resorts International Executive Uri Clinton Named President & COO Of New York's Empire City Casino
(Connecticut) -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has appointed Uri Clinton President...

12/20/2018

article MGM Resorts International agrees $637.5m deal to reposition two casinos
(Las Vegas) -- MGM Resorts International and MGM Growth Properties (MGP) have entered into an agreement over Park MGM and NoMad Las Vegas.
article REIT partner to pay MGM Resorts $637.5 million for Park MGM resort in Las Vegas
(Las Vegas) -- MGM Resorts International and its real estate investment trust struck a $637.5 million deal Thursday over the recently re-branded Park MGM and NoMad Las...
article MGM Resorts International: A Brief Synopsis
(Wall Street) -- The MLB recently delegated MGM Resorts International as its first official gaming and entertainment partner. MGM's presence in the expanding China/...

12/19/2018

press release MGM Resorts International And MGM Growth Properties Announce Transaction On Park MGM And NoMad Las Vegas
(Las Vegas) -- MGM Resorts International and MGM Growth Properties LLC announced today that they have entered into an agreement whereby MGP will pay MGM Resorts...

12/18/2018

article MGM Grand celebrates 25 years on Las Vegas Strip
(Las Vegas) -- When the MGM Grand opened 25 years ago Tuesday, it was the largest hotel in the world and launched an era of growth that forever changed Southern Nevada.
article Chef Roy Choi opens Best Friend restaurant at park MGM
(Las Vegas) -- Roy Choi’s restaurant Best Friend, which will open to the public on Wednesday, remains shrouded in a level of mystery that’s almost...

12/17/2018

article MGM Resorts Rides on Non-Gaming Initiatives Despite High Debt
(Macau) -- MGM Resorts International’s strong brand presence, long-term prospects of the Macau business and non-gaming initiatives are likely to drive incremental...
article MGM: Overstretched And Oversold, A Dilemma And Opportunity
(New York) -- Few stocks in the casino sector pose as challenging a solution to a buy, sell, or hold position as does MGM International Resorts (NYSE:MGM). As we have...

12/14/2018

article MGM Resorts releases poll saying public supports open bidding for new casino
(Connecticut) -- MGM Resorts International, which wants to build a commercial casino in Bridgeport, released its own poll Friday saying that Connecticut voters support...
article MGM: New poll again finds overwhelming support for open bidding on casino
(Connecticut) -- In a sign that the state’s third-casino debate is on again, MGM Resorts International released new poll results Friday that show Connecticut...
article MGM: The need to grow
(Macau) -- MGM, like the other operators, has works to undertake. With a big difference: the construction of the second tower of its Cotai property will barely be...
article Dan Haar: Changing landscape give MGM new hope for 2019
(Connecticut) -- For a company accused of not caring about Connecticut, MGM Resorts International sure hangs around a lot, especially in Bridgeport. And the Las Vegas...

12/13/2018

article Employee Suffers Electric Shock Twice At MGM Casino
(Maryland) -- An MGM National Harbor employee was injured after suffering an electric shock in an elevator Wednesday. In a statement, MGM Resorts told WJZ Thursday there...

12/9/2018

article MGM is now able to align itself with individual baseball teams to cross-promote its casinos and sports betting app.
(Las Vegas) -- MGM Resorts (NYSE:MGM) scored a triple play after partnering with Major League Baseball (MLB) to be the sport's official gaming partner. Along with...

12/7/2018

article MGM Digging Into Potential Tribal Sports Betting Partnerships
(Connecticut) -- MGM Resorts International has plans to expand its lucrative partnership portfolio. The gaming operator recently retained TFA Capital Partners, a...
article MGM Springfield Now Providing Massages to Gamblers on Casino Floor
(Massachusetts) -- Want to get a massage while gambling on the floor of a casino? MGM Springfield is now offering massages to guests while they are gambling. The...
press release MGM Resorts names president, COO of Beau Rivage Resort
(Mississippi) -- MGM Resorts International appointed Travis Lunn as president and COO of Beau Rivage Resort & Casino in Biloxi, Miss., where he will oversee daily...

12/6/2018

article MGM Resorts International (MGM) Ex-Dividend Date Scheduled for December 07, 2018
(Wall Street) -- MGM Resorts International ( MGM ) will begin trading ex-dividend on December 07, 2018. A cash dividend payment of $0.12 per share is scheduled to be...

12/5/2018

press release MGM and TFA seeking tribal opportunities
(New York) -- MGM Resorts International has retained TFA Capital Partners to assist in identifying opportunities for sports betting partnerships with Tribal Nations...

12/4/2018

press release After Trying To Stop Tribal Gaming On The East Coast, MGM Teams With TFA To Do Business With... wait for it... Tribes!!
(Las Vegas) -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has retained TFA Capital Partners ("TFA") to assist...
article MGM-GVC retains advisor to grow tribal client base
(Las Vegas) -- MGM Resorts International will retain TFA Capital Partners as a strategic advisor to its joint venture with GVC Holdings as it seeks to strike new deals...

11/25/2018

article Boutique NoMad hotel opens within Park MGM
(Las Vegas) -- The transformation of Park MGM from the former Monte Carlo continues with the opening of NoMad, the luxury boutique hotel that occupies the resort’s...

11/21/2018

article Injured man to appeal jury's $524G award after rejecting casino’s $2.5M settlement deal
(Las Vegas) -- A California man who was injured outside a Las Vegas hotel in 2015 rolled the dice by rejecting the hotel’s $2.5 million settlement offer -- and...

11/19/2018

article Family of critically injured child sues Md. casino over handrail
(Maryland) -- The family of a child who was critically injured after receiving an electrical shock at MGM National Harbor has sued the casino, asserting that the lighted...

11/18/2018

article 6 year old electrocuted by handrail at MGM resort, left brain-damaged: suit
(Maryland) -- A 6-year-old girl was grievously shocked when she touched an illuminated handrail at a DC-area resort — and is now so severely brain-damaged that she...

11/8/2018

press release Sportradar Enters Into Exclusive Sports Data Agreement With MGM GVC Interactive
(Las Vegas) -- Sportradar announced an agreement with MGM GVC Interactive LLC on Thursday to become an exclusive provider of certain U.S. sports betting data for the...

11/7/2018

article MGM Resorts Hires Morgan Stanley To Look Into Caesars Merger
(Las Vegas) -- Against the backdrop of several casino operators partnering with professional sports leagues and the highly watched midterm elections, MGM Resorts...

11/6/2018

article MGM Caesars merger in the works? Best wait a few months
(Las Vegas) -- Rumors are spreading that MGM may offer a takeover bid for Caesars Entertainment. The New York Post cited an unnamed gaming source “close to the...

11/5/2018

article MGM and Caesars rumoured to be exploring merger opportunity
(Las Vegas) -- MGM Resorts and Caesars Entertainment could be looking into a potential merger between the operators. The New York Post reports investment bank Morgan...

11/2/2018

article MGM CEO Jim Murren in Bitter Multimillion-Dollar Feud with Las Vegas Casino Execs Over New Zealand Winery
(Worldwide) -- Murren and another Las Vegas big-cheese, Daniel Lee, are suing Schaeffer over their seven-figure investment in a winery that they claim has disappeared...

10/31/2018

article Casino sector follows MGM higher
(Wall Street) -- A strong earnings report by MGM Resorts (MGM +5.1%) is helping to provide a lift to both the Macau casino sector and U.S. regionals. Two notable items...

10/30/2018

article MGM seeks Pennsylvania online gambling presence
(Pennsylvania) -- MGM Resorts International is applying for an online gambling license in Pennsylvania, according to Online Poker Report. The casino giant will be...
article MGM ‘exceeds expectations’ in third quarter despite declines at its Las Vegas properties
(Las Vegas) -- Despite all the dire projections of a third quarter meltdown, MGM Resorts International said the company’s actual results for the three-month period...

10/12/2018

article Yonkers: End of an era as sale to MGM nearing completion
(New York) -- Saturday’s $1,000,000 Yonkers International Trot will be a celebration of everything that is great about Yonkers Raceway while at the same time...

10/2/2018

article MGM moving forward with plans for Connecticut casino
(Connecticut) -- A federal judge has dealt a significant blow to the ability of the Connecticut tribes to build a casino just over the state line in East Windsor. How...

10/1/2018

article Sioux Falls police searching for suspect in casino robbery
(South Dakota) -- Sioux Falls police are searching for a man who robbed a casino over the weekend. Authorities say the man entered the Empire Casino about 9 a.m. Sunday...

9/24/2018

article Dealer Faces Up to 5 Years in Prison for Cheating Casino Out of $1 Million
(Maryland) -- Ming Zhang, a Baccarat dealer from Alexandria, Virginia, is facing up to 5 years for his role in scamming a Maryland casino out of $1 million.

9/22/2018

article Activist firms laying down big bets on a Las Vegas recovery
(Las Vegas) -- Shareholder activist Starboard Value has quietly taken a sizable position in MGM Resorts — and is pushing for big changes at the Las Vegas casino...

9/19/2018

article MGM Resorts entering Ohio through acquisition of Hard Rock Rocksino operations
(Ohio) -- MGM Resorts International will move into the Ohio gaming market after acquiring the operations of a Cleveland-area Hard Rock casino property that is owned by...
article MGM Could Be Forced To Exit Huge Market As Hedge Fund Places $500 Million Bet
(Macau) -- MGM Resorts International (MGM) stock rose on news that Starboard Value has built a $500 million position, which the activist investor could use to force the...
article MGM Resorts-Invested Hedge Fund Wants Company to Sell Macau Casinos, Merge Real Estate Trust
(Macau) -- MGM Resorts is the latest publicly traded casino company with an activist hedge fund that doesn’t intend to sit back and collect profits without having...

9/13/2018

article MGM updating regulators following casino opening
(Massachusetts) -- MGM is updating Massachusetts gambling regulators following the opening of its nearly $1 billion Springfield casino last month. The Las Vegas casino...
article MGM to stop using single-use plastic in 2019 Q1
(Macau) -- MGM Macau announced today that it will stop using any single-use plastics in the first quarter of next year, as a group of local residents who recently...

9/12/2018

article Alliance of American Football to Embrace Sportsbetting w MGM Sponsor
(USA) -- A brand new football league will embrace sports betting as part of its very fabric when it kicks off next spring. The Alliance of American Football (AAF) will...

9/10/2018

article Baccarat Dealer Accused of Cheating Conspiracy at MGM National Harbor Casino
(Maryland) -- Federal prosecutors charged a baccarat dealer at MGM National Harbor Casino with being part of a cheating conspiracy, the News4 I-Team has learned. Ming...

9/7/2018

article MGM employees will soon be able to pursue online degrees for free at Nevada public colleges
(Nevada) -- Workers at MGM Resorts International — the state’s largest private employer — will soon be able to pursue a college degree for free. The...
article MGM employees will soon be able to pursue online degrees for free at Nevada public colleges
(Las Vegas) -- Workers at MGM Resorts International — the state’s largest private employer — will soon be able to pursue a college degree for free. The...

9/3/2018

article Why MGM Resorts sued terror victims
(Las Vegas) -- Stadiums, corporate buildings and other facilities that draw crowds have strengthened their security since 9/11, and in return they have earned U.S....

8/28/2018

article MGM Cotai hosting Grammy winner for major concerts
(Macau) -- Macau casino resort MGM Cotai (pictured), which launched in February, is to hold two major concerts later this year, the first such events for the property.

8/26/2018

article MURREN: Las Vegas is stronger, more dynamic today
(Las Vegas) -- As Las Vegas continues to advance as the premier entertainment destination in the U.S. and the world, I’d like to take stock of where we’ve...

8/24/2018

article Kringle Candle expands with emporium at MGM Casino
(Massachusetts) -- As the state’s first resort casino with expansive gambling and entertainment options was launched Friday with a Las Vegas-style flourish,...
article Father Left Child Unattended in Car at MGM National Harbor Casino
(Maryland) -- A father left a child unattended in a car at MGM National Harbor casino last month, according to state and local incident reports. Prince George’s County...

8/13/2018

article MGM Resorts Wants to Dominate Sports Betting
(Wall Street) -- MGM Resorts (NYSE: MGM) is already the biggest casino operator in the U.S., generating over $4 billion in revenue just from its Las Vegas casinos...

8/10/2018

article New York Lawmaker: MGM Resorts Should Withdraw October 1 Victims Lawsuit, Otherwise No Deal for Yonkers Casino
(New York) -- New York State Senator Shelley Mayer (D-Yonkers) says if MGM Resorts doesn’t withdraw its lawsuit filed against victims of the October 1 mass...

8/9/2018

article MGM to add 20 percent charge to rest of its Las Vegas Strip spas
(Las Vegas) -- MGM Resorts International will implement a 20 percent service charge at all spas and salons inside the company’s Strip properties. The company said...

8/8/2018

article Commitment To Timely, Accurate Data Drives MGM Resorts' Sports Betting Deal With NBA
(New York) -- When NBA commissioner Adam Silver and MGM Resorts International CEO Jim Murren unveiled a historic partnership between the companies on July 31, the...

8/5/2018

article MGM Springfield touts year-round events ahead of opening
(Massachusetts) -- Officials at a soon-to-open Massachusetts casino resort say there will be year-round entertainment and activities at the $960 million resort. MGM...

8/3/2018

article MGM Strikes Gambling Deal With Pro Basketball. Will Massachusetts Play Along?
(Massachusetts) -- MGM Resorts has announced a gambling partnership with the NBA and WNBA. But don't look for betting on basketball at MGM’s new Springfield...
article Murren in contentious earnings call: One month does not constitute MGM’s entire year
(Las Vegas) -- MGM Resorts International told the investment community Thursday its third quarter net revenues from its Las Vegas Strip properties could be off by...

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