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MGM To Gauge Support For Mass. Casino
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.  MGM Resorts5/14/2013
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Dubai World official says it would be willing to sell shares in MGM Resorts
(Las Vegas) -- One of the largest shareholders in MGM Resorts International said Tuesday it would be willing to sell its stake in the hotel-casino operator for the right...
5/9/2013
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MGM files 800-page application for Prince George's County casino
(Maryland) -- MGM officials on Thursday drop off boxes containing the gaming giant's bid for a Prince George's County casino at the Maryland Lottery's...
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MGM files proposal for Maryland resort after costly battle
(Maryland) -- MGM Resorts International on Thursday filed a proposal with the state of Maryland to develop an $800 million casino resort, after winning the right to...
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MGM National Harbor Files Proposal with State of Maryland
(Maryland) -- MGM National Harbor, a subsidiary of MGM Resorts International (NYSE: MGM), today filed a proposal for a license from the State of Maryland Video Lottery...
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MGM submits bid for National Harbor resort-casino
(Maryland) -- On a hill overlooking National Harbor, the future site of Tanger Outlets in the rear view, officials with MGM Resorts International and The Peterson Cos....
5/8/2013
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MGM confirms plans to bid for Prince George’s County casino
(Maryland) -- Officials from MGM Resorts on Wednesday confirmed that the company will bid this week for a license to build and operate a new casino in Prince George...
5/5/2013
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MGM Resorts International reported a surprise profit
(Las Vegas) -- MGM Resorts International reported a surprise profit for its first quarter on the strength of room bookings and gambling tables on the Las Vegas Strip and...
5/3/2013
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Jim Murren talks online poker, MGM’s park on the Strip and the Rolling Stones
(Las Vegas) -- MGM Resorts International reported its best quarter in five years Thursday. Chairman and CEO Jim Murren reflected on the financial turnaround and looked...
5/2/2013
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MGM pulls out of downturn with record earnings at CityCenter
(Las Vegas) -- Boosted by an all-time earnings record at its CityCenter development and its best-ever first quarter in Macau, MGM Resorts International shifted from the...
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MGM Resorts beats earnings expectations
(Las Vegas) -- On Thursday morning, before the New York markets opened, the China unit of MGM Resorts International (MGM +5.43%) reported record performance for the...
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MGM Resorts reports best quarterly report since 2008
(Las Vegas) -- Strip casino giant MGM Resorts International reversed a first quarter net loss from a year ago to report the company’s best quarterly results in...
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MGM Resorts tops analysts, reports best quarter since 2008
(Las Vegas) -- A single penny turned out to be the difference between MGM Resorts International’s first profitable quarterly earnings since 2008 and another net...
4/28/2013
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MGM Resorts still holding two Atlantic City tracts to sell or build
(Atlantic City) -- Renewed interest in the Atlantic City real estate market could finally pay off for MGM Resorts International, the Las Vegas-based casino giant that...
4/19/2013
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Myth of the casino maze debunked: Casino companies are starting to encourage customers to head outside
(Las Vegas) -- It’s not often casinos dump truckloads of cash into projects that take customers out of buildings and put them under the sun.
4/18/2013
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Las Vegas Strip to get New York-style public park
(Las Vegas) -- Las Vegas is trying to beat its reputation as a shut-in. MGM Resorts International announced Thursday that it will sink $100 million into building a park...
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MGM has grand plans with trendy plaza, sports arena
(Las Vegas) -- MGM Resorts International will spend $100 million to transform land along the Strip and surrounding the New York-New York and Monte Carlo resorts into an...
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MGM Resorts CEO Jim Murren talks on CNBC about new 20,000-seat Strip arena and public park
(Las Vegas) -- MGM Resorts CEO Jim Murren appeared on CNBC’s “Squawk Box” this morning and unveiled his plans to spruce up the Strip with a state-of-...
4/10/2013
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Former tech CEO Greg Spierkel joins MGM board
(Las Vegas) -- MGM Resorts International has elected a former technology company CEO to its board. The casino giant's board voted Tuesday to elect Greg Spierkel as a...
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Former technology CEO named to MGM Resorts board
(Las Vegas) -- The former chief executive of a technology firm has joined the board of directors of MGM Resorts International. The casino operator announced Wednesday...
3/28/2013
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MGM role seen in new course for UNLV stadium plan
(Las Vegas) -- Before UNLV ditched billionaire Ed Roski’s Majestic Realty as its private partner for a proposed stadium, the University of Nevada, Las Vegas...
3/14/2013
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Kerkorian may increase MGM Resorts stake, stock up
(New York) -- MGM Resorts International’s stock climbed more than 7 % on Thursday after its biggest shareholder, Kirk Kerkorian, requested permission to raise his...
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Kirk Kerkorian Wants to Increase Stake in MGM Resorts
(Wall Street) -- Ninety-five year-old billionaire investor and mogul Kirk Kerkorian let his continued interest in the struggling casino MGM Resorts (NYSE: MGM) be known...
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MGM: 95-Year-Old Billionaire Casino Magnate Kerkorian May Increase Stake
(Wall Street) -- Billionaire Kirk Kerkorian says he may add to his stake in MGM Resorts, the company which he founded more than four decades ago.
3/10/2013
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BLOG: MGM Resorts Needs to Catch a Break
(Las Vegas) -- MGM Resorts (NYSE: MGM ) can’t seem to catch a break. Macau is growing, yet MGM’s resort is on the - wrong side of town. New Jersey is going...
3/8/2013
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ACDL says MGM no longer involved in Vietnam casino resort
(Vietnam) -- Asian Coast Development (Canada) Ltd (ACDL), which is developing Vietnam's first large-scale integrated resort, said on Thursday its partner, MGM...
3/7/2013
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MGM Resorts ends agreement to manage hotel-casino in Vietnam
(Vietnam) -- MGM Resorts International has reportedly terminated its agreement to manage a hotel-casino development in Vietnam that is partially owned by Pinnacle...
3/6/2013
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ACDL says MGM no longer involved in Vietnam casino resort
(Vietnam) -- Asian Coast Development (Canada) Ltd (ACDL), which is developing Vietnam's first large-scale integrated resort, said on Thursday its partner, MGM...
3/1/2013
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MGM Resorts announces plan for 20,000-seat arena
(Las Vegas) -- MGM Resorts International announced this morning it wants to build a privately funded, 20,000-seat indoor arena behind the New York-New York and Monte...
2/23/2013
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MGM to break ground in Cotai on February 27
(Macau) -- MGM China Holdings Ltd will host an official ground-breaking ceremony for its casino resort in Cotai next Wednesday (February 27). Chief executive Grant Bowie...
2/21/2013
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MGM Resorts hints at eventual sale of Crystals mall at CityCenter
(Las Vegas) -- Think it’s expensive shopping at Crystals, the luxury mall at CityCenter? Try buying the place.
2/20/2013
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Charges send MGM Resorts to net loss of $1.2 billion in fourth quarter
(Wall Street) -- Several impairment charges in the fourth quarter sent MGM Resorts International to a net loss of more than $1.2 billion, the company said Thursday.
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MGM Resorts reports $1.22 billion 4th-quarter loss
(Wall Street) -- Losses widened for MGM Resorts International in the fourth quarter, as revenue gains at its Macau property failed to counter weaker increases in Las...
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MGM Resorts’ quarterly loss widens, China growth slows
(Wall Street) -- Casino operator MGM Resorts International reported a wider fourth-quarter loss on impairment charges, and as growth in its Chinese unit slowed from red-...
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CEO says MGM may sell parts of CityCenter in Vegas
(Las Vegas) -- MGM Resorts International may sell off parts of its city within a city project on the Las Vegas Strip. CEO Jim Murren told The Associated Press Wednesday...
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Exclusive: MGM To Drop CityCenter Name
(Las Vegas) -- At a meeting of employees today, Bobby Baldwin, CEO of CityCenter, announced that the name CityCenter is now depreciated and will be completely phased out...
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MGM Resorts execs optimistic, despite $1.22 billion 4th-quarter loss
(Las Vegas) -- Executives at MGM Resorts International say that despite fourth-quarter losses reported today, the company has positioned itself to take advantage of a...
2/19/2013
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If MGM returns to N.J., gaming in other states could follow
(Atlantic City) -- For MGM Resorts International, a return to New Jersey could make its entry into other emerging U.S. gaming markets easier and expand its online...
2/17/2013
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MGM Resort's partner in China may face scrutiny from Massachusetts gaming regulators
(Massachusetts) -- As part of its background checks on casino developers, gaming regulators in Massachusetts expect to examine MGM Resorts International's Macau...
2/14/2013
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MGM Resorts opposes $900m UNLV stadium plan, calls it “too expensive”
(Las Vegas) -- Turns out there may be some opposition to creating a sales-tax kickback district for UNLV’s $800-million-wait-now-it’s-actually-$900-million...
2/13/2013
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Casino Control Commission agrees to allow MGM a second chance to keep stake in Borgata Hotel Casino and Spa
(Atlantic City) -- Las Vegas gambling giant MGM Resorts International will get a second chance to keep its ownership in Borgata Hotel Casino & Spa and have its New...
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NJ lets MGM try to keep half of AC’s Borgata
(Atlantic City) -- New Jersey casino regulators are letting MGM Resorts take the first step toward getting back into the Atlantic City casino market
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NJ Letting MGM Try to Keep Half of Borgata
(Atlantic City) -- The New Jersey Casino Control Commission on Wednesday allowed MGM Resorts International one step closer toward getting back into the Atlantic City...
2/12/2013
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NJ to hear MGM's plea to keep half of AC's Borgata
(Atlantic City) -- New Jersey casino regulators will hear from MGM Resorts on Wednesday as the company tries to get back into the Atlantic City casino market
2/11/2013
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MGM aims to keep half of Borgata
(Atlantic City) -- Three years after agreeing to surrender its half-ownership of Atlantic City’s top casino rather than cut ties to a family suspected of links to...
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MGM re-files for casino license in New Jersey
(Atlantic City) -- MGM Resorts International MGM -3.27% has filed a petition seeking to be permitted to return to the New Jersey market as a fully qualified casino...
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MGM Resorts Files Petition with New Jersey Casino Control Commission to Reapply for Gaming License
(Atlantic City) -- MGM Resorts International (NYSE: MGM [FREE Stock Trend Analysis]) today announced that is has filed a petition with the State of New Jersey Casino...
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MGM Resorts Looks To Re-Enter New Jersey In Possible Internet Gaming Move
(Atlantic City) -- In the wake of last week’s historic decision by New Jersey Gov. Chris Christie, at least one major player has apparently repositioned their...
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MGM Resorts seeks return to Atlantic City gaming market
(Atlantic City) -- MGM Resorts International has asked New Jersey gaming regulators to reinstate the company's gaming license in Atlantic City nearly three years...
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MGM Seeks Reinstatement In Atlantic City [sub req'd]
(Atlantic City) -- After leaving New Jersey three years ago following a blistering report by state regulators, MGM Resorts International is asking for its gaming license...
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MGM seeks to keep 50 percent share of Borgata
(Atlantic City) -- In a dramatic reversal, MGM Resorts International has filed papers asking New Jersey regulators to reconsider a decision that has forced the company...
2/8/2013
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New Jersey to review decision on Pansy Ho
(Macau) -- New Jersey regulators are set to review their ruling on MGM Resorts International regarding the company’s partnership in Macau with businesswoman Pansy...
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Stricter junket rules no harm to casinos: MGM CEO
(Macau) -- MGM China Holdings Ltd chief executive Grant Bowie says that stricter regulation on junket operators, as announced by the government earlier this week, would...
2/7/2013
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N.J. Rethinks Settlement Forcing MGM to Sell 50% Borgata Stake
(New Jersey) -- New Jersey regulators are rethinking a 2010 settlement that requires MGM Resorts International (MGM) to sell its half-interest in Atlantic City’s...
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New Jersey Agency to Review Finding Against MGM
(New Jersey) -- New Jersey regulators are set to reconsider a decision that had forced MGM Resorts International MGM -0.38% to put its stake in an Atlantic City casino...
1/14/2013
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MGM sees progress on Macau casino
(Macau) -- MGM Resorts International (MGM -0.39%) has passed another milestone on its path to building a new casino on Macau's fast-developing Cotai strip. On Jan. 9...
1/13/2013
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Cashing in with new casino
(Hong Kong) -- The Chinese arm of U.S. casino company MGM Resorts International won official approval for its new Macau casino-resort, putting it a step closer to...
1/11/2013
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MGM’s Approval For Sands Cotai Casino Could Add Upside
(Wall Street) -- MGM Resorts International (NYSE:MGM) recently received approval to build its second casino in Macau, which is the biggest casino market in the world.
1/10/2013
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MGM Clears Govt Hurdle for Cotai - Analyst Blog
(Macau) -- MGM Resorts International ( MGM ) has finally received a long-awaited approval from the Macau Government for development of a resort and casino in Cotai,...
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MGM profits to double with Cotai casino: Murren
(Macau) -- MGM Resorts International chief executive Jim Murren says that the profits of Macau-based subsidiary MGM China Holdings Ltd are set to more than double once...
1/9/2013
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Riding high, MGM Resorts eager to devote some TLC to its Las Vegas properties
(Las Vegas) -- MGM Resorts International is off to a flying start in 2013, filling all its hotel rooms for the International Consumer Electronics Show, anticipating a...
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MGM China gets official OK for Cotai casino
(Macau) -- The Chinese arm of U.S. casino company MGM Resorts International won official approval yesterday for its new Macau casino-resort, putting it a step closer to...
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MGM Resorts passes second hurdle for Macau development
(Macau) -- MGM Resorts International has cleared a second hurdle in company's quest to build a $2.5 billion hotel-casino project on the Cotai Strip region of Macau.
1/8/2013
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MGM Resorts offering free Wi-Fi at Las Vegas casinos
(Las Vegas) -- MGM Resorts International will be offering free Wi-Fi at eight of its resorts on the Las Vegas Strip, the company announced today.
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Another mega-casino to be built in Macau
(Macau) -- MGM China won approval Wednesday to build a major new casino in Macau, a glitzy destination that attracts legions of gamblers from China.
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Macau Gives MGM China Green Light on Cotai Casino
(Macau) -- The Chinese unit of U.S. gambling giant MGM Resorts International has won approval from the Macau government to build a second casino in the world's...
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MGM China's new Macau casino approved by government
(Macau) -- A $2.5 billion Macau casino planned by MGM China (>> MGM China Holdings Ltd), the Chinese arm of U.S. gambling giant MGM Resorts International (>...
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MGM China’s new Macau casino approved by government
(Macau) -- A US$2.5 billion Macau casino planned by MGM China, the Chinese arm of US gambling giant MGM Resorts International, received government approval on Wednesday...
12/24/2012
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Megabucks DJs update: More star names (Avicii, Tiesto, Guetta); a possible EDM festival at MGM Grand
(Las Vegas) -- Following up on the story we posted Thursday about the new DJ wars in Las Vegas and the mind-boggling megabucks contracts comes news that MGM Grand...
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MOTLEY FOOL: MGM Has Fire Sale at CityCenter
(Las Vegas) -- CityCenter was supposed to be the face of the next generation of Las Vegas Strip development. Instead, it has become a symbol of the Great Recession and...
12/22/2012
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On the Job: MGM show celebrates recovery
(Las Vegas) -- Keith Dotson is entertainment supervisor at New York-New York Hotel and Casino in Las Vegas, and a normal day at work includes dealing with the box office...
12/21/2012
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MGM Resorts selling 427 CityCenter condos for $119 million
(Las Vegas) -- MGM Resorts International on Friday announced the bulk sale of 427 condo units at Veer Towers, the centerpiece residential tower at CityCenter, for $119...
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Veer Towers virtually sold out with bulk sale of 427 units
(Las Vegas) -- A New York investment firm has paid $119 million cash for more than 60 percent of the condos at CityCenter’s Veer Towers.
12/20/2012
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MGM Resorts raises more than $8 billion, completes 'landmark refinancing'
(Wall Street) -- Casino operator MGM Resorts International raised more than $8 billion in long-term financing during 2012 and expects to take a "substantial charge...
12/19/2012
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Report: MGM licensing fee way too low
(Maryland) -- The licensing fee for a new casino in Prince George's County is about $482 million too low, according to a study released Wednesday by the Maryland...
12/12/2012
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MGM planning Strip water park at Circus Circus
(Las Vegas) -- MGM Resorts International is considering building a water park at Circus Circus, according to a proposal unanimously approved by the Winchester Town...
12/6/2012
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MGM Resorts International Seeks $5 Billion for Debt Refinancing
(Wall Street) -- MGM Resorts International (MGM) is seeking $4 billion in loans and plans to sell $1 billion of senior notes as the biggest casino operator on the Las...
11/18/2012
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Nevada Awards MGM Resorts with Online Poker License
(Nevada) -- Three gambling groups were awarded licenses to operate online poker in Nevada, including MGM Resorts. It was widely expected that MGM would have no problem...
11/17/2012
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MGM Resorts Receives Online Poker License from Nevada Gaming Commission
(Nevada) -- MGM Resorts International has been granted an operational interactive online poker license this week by the Nevada Gaming Commission (NGC), the commission...
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MGM Resorts Secures Online Poker License
(Nevada) -- The Nevada Gaming Commission (NGC) recently awarded online poker licenses to three gambling enterprises in the state. The most noted among these is the MGM...
11/12/2012
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MGM Resorts exec named CEO of Nevada Gold & Casinos
(Las Vegas) -- An MGM Resorts International executive today was named president and CEO of casino operator Nevada Gold & Casinos Inc.
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MGM Resorts extends contract to CEO James Murren
(Las Vegas) -- MGM Resorts International Inc has announced its chairman and chief executive James Murren has had his contract with the company extended. Mr Murren’...
11/10/2012
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NORTON ROSE advises MGM RESORTS on a $2 billion debt refund
(Macau) -- Norton Rose has acted as adviser to the Macau arm of Las Vegas-based MGM Resorts International over a $2 billion debt refund. MGM China Holdings Ltd. has...
11/9/2012
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Murren signs new contract agreement with MGM Resorts International
(Las Vegas) -- MGM Resorts International Chairman and Chief Executive Officer Jim Murren signed a new employment agreement with the Strip casino giant that keeps him in...
11/5/2012
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Small Talk: Steve Zanella drives growth, change at MGM Grand Detroit
(Detroit) -- As MGM Grand Detroit celebrates its fifth anniversary at its permanent facility on Third Street in downtown Detroit, General Manager Steve Zanella talks...
11/1/2012
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MGM Looks To A Better Future Despite Soft Results In The U.S.
(Las Vegas) -- Las Vegas didn’t do too well for MGM Resorts International (NYSE:MGM) in Q3 2012 as the company experienced growth of just about 1% in overall...
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Zacks Reaffirms Neutral Rating on MGM Resorts (MGM)
(Wall Street) -- MGM Resorts (NYSE: MGM)‘s stock had its “neutral” rating restated by Zacks in a report issued on Thursday. They currently have a $11....
10/31/2012
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MGM expects online gaming license, state compacts
(Nevada) -- MGM Resorts International Ltd's CEO expects his company to obtain an online gaming license from Nevada regulators this week, and said states are talking...
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MGM Misses Q3 Outlook, But Sees Q4 Las Vegas Rebound
(Las Vegas) -- MGM Resorts International (MGM) posted a worse-than-expected third-quarter loss early Wednesday, driving shares down on the first day of post-Hurricane...
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MGM Resorts International reports $181.2 million third-quarter loss
(Las Vegas) -- Casino operator MGM Resorts International on Wednesday reported its loss for the third quarter widened amid a smaller tax benefit than the year-earlier...
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MGM Resorts reports wider 3rd-quarter loss of $181.2 million
(Las Vegas) -- MGM Resorts International reported a wider third quarter loss Wednesday, saying that slow economic conditions this summer hurt business at its Las Vegas...
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MGM Resorts results miss estimates on weak US demand
(Las Vegas) -- Casino operator MGM Resorts International posted a larger loss and missed analysts' expectations due to a steep drop in its third-quarter tax benefits...
10/30/2012
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MGM pairs with Royal Caribbean for customer rewards program
(Las Vegas) -- MGM Resorts International and Royal Caribbean announced a new partnership Tuesday that will allow people to use customer reward points for amenities...
10/22/2012
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MGM China gets land for new $2.5B Macau casino
(Macau) -- The Chinese arm of U.S. casino company MGM Resorts International signed a land deal Thursday for a new $2.5 billion casino resort in Macau, the world's...
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MGM Cotai resort’s gaming tables put into question
(Macau) -- MGM’s target to include 500 gaming tables and 2,500 slot machines in its new casino-resort in Cotai was put into question as Francis Tam, the Secretary...
10/20/2012
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MGM China gets land for new $2.5B casino
(Hong Kong) -- The Chinese arm of U.S. casino company MGM Resorts International signed a land deal last week for a new $2.5 billion casino resort in Macau, the world...
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MGM China Holdings receives approval to develop gaming resort in Cotai
(Macau) -- MGM Resorts International recently announced that MGM China Holdings Limited, a 51%-owned subsidiary, has formally accepted a Land Concession Contract in the...
10/19/2012
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MGM China to build new $2.5 BILLION Macau casino
(Macau) -- Casino giant MGM China Holdings said Thursday it has received approval to build a new HK$20 billion ($2.5 billion) giant gaming resort in the world's...
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MGM gets approval to build Cotai hotel
(Macau) -- MGM Resorts International was approved by the Macau government Thursday to build a $2.5 billion hotel-casino on the Coati Strip region.
10/18/2012
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Macau casino MGM China gets green light for new resort
(Macau) -- MGM China said it has received approval to build its $2.5 billion dollar casino project in the former Portuguese colony of Macau, the world's biggest...
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MGM China gets land for new $2.5B Macau casino
(Macau) -- The Chinese arm of U.S. casino company MGM Resorts International signed a land deal Thursday for a new $2.5 billion casino resort in Macau, the world's...
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MGM Doubling Down In Macau With New $2.5 Bil Casino
(Macau) -- The party in Macau is about to get a little louder, after MGM Resorts International (MGM) said it's gotten the go-ahead from the region's government...
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MGM Gains Most in Month After Macau Land Approval
(Macau) -- MGM China Holdings Ltd. (2282), a venture between Pansy Ho and MGM Resorts International, won a land grant to develop a second casino resort in Macau.
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MGM Resorts Unit Gets Macau Government Approval For Cotai Resort, Casino
(Macau) -- MGM Resorts International (MGM) said the Macau government granted its MGM China Holdings Ltd. unit a lease to develop a luxury resort and casino in Cotai,...
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MGM China shares jump 5 percent after new casino gets green light
(Hong Kong) -- Shares in MGM China <2282.HK>, the Chinese arm of U.S. gambling giant MGM Resorts jumped over 5 percent on Friday after the company said it...
10/15/2012
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MGM Resorts CEO Jim Murren recognized for corporate responsibility
(Las Vegas) -- MGM Resorts International Chairman and CEO Jim Murren is being honored for corporate responsibility achievements such as driving environmental and...
10/9/2012
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Former MGM Resorts exec Creighton rejoins company
(Las Vegas) -- Former MGM Resorts International executive Lorenzo Creighton has rejoined the casino operator and will focus on the company's efforts to develop hotel...
9/28/2012
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Full-property makeover continues at MGM Grand
(Las Vegas) -- It's not every day you hear the president of a 5,000-room Strip hotel-casino describe his property as a dormitory. But that's exactly what Scott...
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MGM Grand unveils $160 million room renovation in Las Vegas
(Las Vegas) -- After eight years of planning and a year of construction, the MGM Grand neared completion of a $160 million renovation with the unveiling of its Skyline...
9/21/2012
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As part of renovation, MGM Grand to offer rooms that promote wellness
(Las Vegas) -- The MGM Grand is including in its renovation 42 "Stay Well" rooms that, for a few bucks more, "optimize and support the physical and...
9/20/2012
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MGM exec hard to pin, Perini says
(Las Vegas) -- In an unusual case of déjà vu, Macau cropped up as an issue in major litigation involving Strip companies for the second time in two weeks.
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The MGM Grand In Las Vegas Has Unveiled A Line Of 'Healthy' Hotel Rooms
(Las Vegas) -- Staying in a hotel room at The MGM Grand Hotel & Casino in Las Vegas just might make you healthier.
9/15/2012
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Analysts look favorably on MGM Resorts financing deal
(Wall Street) -- A new financing deal by MGM Resorts International is a positive for the casino-resort company, analysts said Friday. Las Vegas-based MGM Resorts...
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MGM Resorts pricing $1 billion in new debt
(Wall Street) -- For the second time this year, MGM Resorts International priced $1 billion in new unsecured debt, saying Friday the 6.75 percent notes will come due in...
9/14/2012
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STUTZ: MGM Resorts pricing $1 billion in new debt
(Las Vegas) -- For the second time this year, MGM Resorts International priced $1 billion in new unsecured debt, saying Friday the 6.75 percent notes will come due in...
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Mandalay Bay executive promoted to Monte Carlo position
(Las Vegas) -- MGM Resorts International announced Friday that it promoted a Mandalay Bay executive to general manager of the Monte Carlo hotel-casino.
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MGM Resorts names new Monte Carlo boss
(Las Vegas) -- MGM Resorts International named a new general manager to its Monte Carlo property on the Las Vegas Strip. Patrick Miller was announced Friday to oversee...
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Patrick Miller named general manager of Monte Carlo
(Las Vegas) -- Patrick Miller was named general manager of Monte Carlo, returning to the Strip resort where he spent five years in casino operations.
9/10/2012
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STUTZ: CityCenter's performance turns corner, and MGM is glad
(Las Vegas) -- CityCenter has not always been about just gaming. The development, which was created by MGM Resorts International and carried a price tag of $8.5 billion...
8/27/2012
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MGM invests in gambling fight
(Maryland) -- MGM Resorts is putting down $2.3 million to convince voters to let the gambling and hotel giant open a new casino at National Harbor.
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MGM kicks in $2.4 million for gambling campaign
(Maryland) -- MGM Resorts, the gambling company lined up to run a casino at National Harbor, has anted up $2.4 million toward an effort to win voter approval in November...
8/24/2012
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MGM Unveils $800 Million Entertainment Proposal, Intensifying Competition for Sole Casino in Western Massachusetts
(Massachusetts) -- Mohegan Sun—previously the leader in the pack—is now up against industry titans for a chance to build the one casino the state will allow...
8/23/2012
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Battle in cards as $800M Springfield plan unveiled
(Massachusetts) -- This Bay State city is gearing up for a battle to become the first in Massachusetts to host a casino, and the opening salvo was fired yesterday as MGM...
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Mass. may take hard look at MGM
(Massachusetts) -- MGM, which unveiled plans for an $800 million resort casino in Springfield yesterday, has faced intense scrutiny over the company’s ties to a...
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Mayor Domenic Sarno to meet privately with casino companies
(Massachusetts) -- Mayor Domenic Sarno will be holding private meetings with members of different casino companies on Monday, August 27.
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MGM Springfield’s Plan for City’s Entertainment Venues
(Massachusetts) -- The proposed MGM Casino could mean changes for entertainment in the city. In recent years big name talent has been limited in the area because of...
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MGM unveils plans for western Mass. casino
(Massachusetts) -- Casino giant MGM Resorts International re-entered the Massachusetts casino sweepstakes on Wednesday with an ambitious $800 million plan for a resort...
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MGM's relationship with controversial business partner called into question
(Massachusetts) -- MGM's partnership with a controversial overseas business is being called into question as the organization rolls out plans for putting up a resort...
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Next Steps to Bringing a Casino to Western Mass.
(Massachusetts) -- The unveiling by MGM Resorts International of its proposal for a casino in Springfield’s south end is just the beginning. The process of opening...
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South End Businesses React to MGM Casino Plan
(Massachusetts) -- Are South End businesses impressed with the plan by MGM Resorts International for a casino there? It depends on the business you talk to.
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Your Comments: Is a downtown casino Springfield's salvation or ruination? Here's what people are saying ...
(Massachusetts) -- How do you spell urban salvation? C-A-S-I-N-O. How do you spell urban ruination? C-A-S-I-N-O. Knowing how to spell "casino" is about the...
8/22/2012
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CEO Murren expected in Springfield to tout MGM casino plan
(Massachusetts) -- It's showtime for MGM Resorts International, which today will unveil plans for a "major entertainment complex" and casino straddling the...
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MGM Announces $800M Springfield Casino Plan
(Massachusetts) -- MGM Resorts International officially entered the race for a Western Massachusetts casino license by announcing Wednesday an $800 million plan for...
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MGM Announces $800M Springfield Casino Plan
(Massachusetts) -- MGM Resorts International re-entered the crowded race for a western Massachusetts casino license on Wednesday, announcing an $800 million plan for...
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MGM holds ‘coming out party’ for casino plan
(Massachusetts) -- Amid a festive atmosphere that included costumed Cirque Du Soleil performers mingling in the crowd of civic and business leaders, MGM Resorts...
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MGM makes bid for western Massachusetts casino license
(Massachusetts) -- MGM Resorts International unveiled on Wednesday a proposal for a casino and resort complex which it said would create thousands of jobs in the...
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MGM pays $400G fee to file for Springfield casino
(Massachusetts) -- Las Vegas casino titan MGM has filed a letter of intent to bid for a Springfield gaming license and paid the state a required $400,000 fee, officials...
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MGM releases Springfield casino renderings (slide show)
(Massachusetts) -- MGM Resorts International has unveiled "MGM Springfield," its proposal to build an $800 million casino in downtown Springfield, Mass. that...
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MGM Resorts Proposes $800 Million Massachusetts Casino-Hotel
(Massachusetts) -- MGM Resorts International, the largest casino operator on the Las Vegas Strip, announced plans to develop an $800 million gambling, hotel and...
8/21/2012
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MGM Resorts envisions casino in Springfield
(Massachusetts) -- Casino giant MGM Resorts International is unveiling plans for a “major entertainment complex” in Springfield, adding to the expected...
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MGM Resorts to detail Springfield, Mass., casino plan
(Massachusetts) -- Five months after pulling the plug on its plan to develop a resort casino in the rural western Massachusetts town of Brimfield, MGM Resorts...
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MGM Resorts to take wraps off plan for resort casino in western Mass. city of Springfield
(Massachusetts) -- Casino giant MGM Resorts International is set to unveil plans for a resort casino in Springfield. The Las Vegas-based company has scheduled a formal...
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Vast casino plan for Springfield
(Massachusetts) -- Casino giant MGM Resorts International will disclose plans Wednesday for an $800 million gambling resort, entertainment complex, and housing...
8/19/2012
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MGM Resorts internship program helps high school grads
(Las Vegas) -- One by one, 47 recent high school graduates stood in front of a crowded training room at MGM Resorts International's corporate office and answered a...
8/9/2012
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MGM posts loss, but revenue leaps on hotel, casino
(Las Vegas) -- MGM Resorts International on Tuesday posted a second-quarter loss double what Wall Street was expecting, but revenue surged 29 percent on gambling and...
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MGM Reports Loss in Q2, Helped by Improved Room Revenues
(Las Vegas) -- MGM Resorts International (NYSE:MGM) has recently announced its Q2 results with approximately a 29% increase in its net revenues.
8/8/2012
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MGM Resorts CEO stays bullish on Macau
(Macau) -- MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.
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MGM portfolio refresh continues undeterred
(Las Vegas) -- MGM Resorts International’s wide-ranging portfolio refresh continued undeterred during the second quarter, buoyed by record earnings before taxes,...
8/7/2012
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MGM Beating Estimates And Refinancing Debt Sees Stock Skyrocket
(Wall Street) -- Casino operator MGM Resorts surprised investors on Tuesday, its shares jumping more than 9% at one point in early trading on the back of a lower than...
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MGM Resorts Posts Loss, but Revenue Soars
(Wall Street) -- MGM Resorts International swung to a second-quarter loss on write-downs and tax provisions, while its casino operations drove a 30% rise in revenue.
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MGM Resorts Posts Second-Quarter Loss on Weakening Vegas
(Wall Street) -- MGM Resorts International, the largest casino operator on the Las Vegas Strip, reported a smaller-than-anticipated loss in the second quarter amid lower...
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MGM Resorts posts smaller-than-expected loss, shares rise
(Wall Street) -- MGM Resorts International posted a smaller-than-expected quarterly loss as revenue rose from both its casinos and rooms, sending its shares up 7 percent.
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MGM Resorts suffers net loss of $145.5 million in second quarter
(Wall Street) -- MGM Resorts International lost $145.5 million in the second quarter, despite what the company termed "record" three-month results from its...
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MGM Resorts’ hotels cash in on return of tourists to Las Vegas
(Las Vegas) -- Business picked up for MGM Resorts International during the second quarter, with the company on Tuesday reporting higher hotel room and occupancy rates...
7/30/2012
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Casino president applies lessons learned on ‘Undercover Boss’ to MGM Grand renovation
(Las Vegas) -- The MGM Grand is in the midst of a $160 million makeover to renovate its hotel rooms, remodel its casino and revamp its restaurant and entertainment...
7/23/2012
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Ties to Pansy Ho could damage MGM Resorts plans for $800 million Maryland casino
(Maryland) -- Could MGM Resorts International’s ties to Hong Kong businesswoman Pansy Ho sink a potential $800 million casino project in Maryland?
7/22/2012
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Proposed Casino's China Ties Scrutinized / MGM forced to sell share of Atlantic City's Borgata
(Maryland) -- A proposed Las Vegas-style casino at National Harbor in Prince George's County could face new scrutiny in the coming weeks over alleged ties to...
7/20/2012
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MGM confident in Cotai project approval
(Macau) -- MGM Macau is confident its Cotai project will be approved by the government although no precise timing has been given as yet. Grant R. Bowie, CEO and...
7/17/2012
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MGM Resorts lets loyalty card holders earn points via social media
(Las Vegas) -- It no longer takes a roll of the dice or spin of the roulette wheel to become a high roller in Las Vegas casinos. You can now tweet your way to VIP status...
7/1/2012
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Nevadan at Work: MGM exec shows passion for greener business
(Las Vegas) -- One thing that sticks out after meeting Cindy Ortega is her passion. She can point to a framed photograph that just arrived in her office, and the...
6/23/2012
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News for travelers: MGM proposes D.C. area casino
(Maryland) -- MGM Resorts International has struck an agreement to build a casino destination at the National Harbor waterfront complex near the nation's capital.
6/21/2012
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Association hits out at MGM casino plans
(Maryland) -- MGM Resorts International’s decision to enter into an agreement to build a new casino in Maryland has been slammed by a local contractors’...
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MGM seen as advantage for a National Harbor casino — if approved
(Las Vegas) -- MGM Resorts, which said late Wednesday it still wants to open a casino at National Harbor, could bring celebrity-chef restaurants and big-name...
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MGM Resorts' Maryland casino plans dealt a setback by state panel
(Maryland) -- A work group established by Maryland's governor failed to come to terms on an agreement Wednesday night to expand gaming in state, all but ending the...
6/20/2012
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Maryland Panel Nixes Special Session For MGM Casino [sub req'd]
(Maryland) -- MGM Resorts International’s plan to open a mega casino just outside Washington, D.C. came to a screeching halt Wednesday when a Maryland gambling...
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MGM still 'committed' to National Harbor casino
(Maryland) -- MGM Resorts International still wants to build a casino at National Harbor resort, despite Gov. Martin Malley’s casino work group’s failure to...
6/19/2012
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Las Vegas on the Potomac? MGM antes up
(Maryland) -- Maryland -- like many other states -- is getting into gaming. Maryland Live! Casino -- a slot emporium with electronic table games, bars and eateries --...
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National Harbor casino would give Md. $347M annually, MGM study says
(Maryland) -- Maryland could see an estimated $347 million annually in new casino revenue and savings if a casino opened at National Harbor as part of an expansion of...
6/18/2012
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MGM Resorts strikes deal for hotel-casino complex near Washington, D.C.
(Maryland) -- MGM Resorts International signed a deal Friday to build a large hotel-casino complex in southern Maryland, but there are many obstacles to navigate before...
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MGM to develop 4,000-VLT casino resort
(Maryland) -- MGM Resorts International has entered into an agreement with Peterson Companies to develop a destination casino resort in National Harbor, Maryland, US.
6/17/2012
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MGM Resorts International To Build Casino At National Harbor Near Washington D.C.
(Maryland) -- On Friday, MGM Resorts International agreed to build a destination casino resort at the National Harbor waterfront complex in Prince George’s County...
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MGM strikes agreement for casino at National Harbor
(Maryland) -- MGM Resorts International struck an agreement on Friday to build a casino destination at the National Harbor waterfront complex near the nation's...
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MGM to Invest in Maryland Casino
(Maryland) -- A new deal was announced between the developers of National Harbor on the Potomac River in Maryland and the giant gambling operator, MGM Resorts...
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Studying a move that could lead to a new Maryland casino, games
(Maryland) -- With a developer in place for a proposed Prince George’s County casino and a new study supporting the viability of expanded gambling in Maryland,...
6/15/2012
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National Harbor casino, resort plans announced
(Maryland) -- The developers of National Harbor and one of the world's foremost casino and resort companies have announced plans to bring big-time gaming to the...
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BILL SPAIN: MGM Resorts could build casino near Washington
(Maryland) -- MGM Resorts looks to be an early winner in Maryland's recent move to overhaul its gambling regulations as the company said Friday it has plans to...
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MGM all in at National Harbor — with a few conditions
(Maryland) -- A view of National Harbor. (Linda Davidson — The Washington Post)MGM Resorts International announced Friday that it is committed to bringing a high-...
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MGM representatives making rounds in Maryland
(Maryland) -- Representatives of Las Vegas casino and hotel operator MGM are meeting with Maryland officials about plans for a potential casino near the nation's...
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MGM Resorts strikes deal for hotel-casino complex near Washington D.C.
(Maryland) -- MGM Resorts International announced this morning it has agreed to build a hotel-casino destination in southern Maryland, which could become the closest...
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MGM wants National Harbor casino — but only with lower tax rate
(Maryland) -- MGM Resorts International says it would build a resort and casino at National Harbor near Washington if the state authorizes a site there — but only...
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MGM strikes agreement for casino in PG County
(Maryland) -- MGM Resorts International struck an agreement on Friday to build a casino destination at the National Harbor waterfront complex near the nation’s...
5/11/2012
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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...
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