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MGM-GVC retains advisor to grow tribal client base

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 with tribal gaming operators throughout the US.

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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...
article MGM cuts room rates in preparation for a ‘volatile’ Q3
(Las Vegas) -- MGM Resorts International stock dipped to a 52-week low Thursday after the Las Vegas company’s earnings and revenues failed to meet analysts’...
article Vacant in Vegas: MGM guidance sparks another casino stock sell-off
(Wall Street) -- Bargains along the Las Vegas strip are good news for gamblers and bad news for casino investors. MGM Resorts (MGM) sparked more pain for the gambling...

8/2/2018

article Will MGM’s Early Moves Lead To Dominance In US Sports Betting?
(USA) -- Sports betting was a prominent topic during Thursday’s Q2 earnings report from MGM Resorts International. During a call with investors, CEO Jim Murren...
article Like competitors, MGM Resorts expects weak third quarter
(Las Vegas) -- Industry analysts grilled MGM Resorts International executives Thursday after the company forecast weak results for the current quarter because —...

8/1/2018

article MGM Resorts shares rise after casino announces first gaming partnership with NBA
(Wall Street) -- MGM Resorts and the National Basketball Association have entered into a multiyear partnership, establishing the casino company as the official gaming...

7/31/2018

article MGM And Boyd Are Poised To Take Over Sports Betting, But Where Will They Start?
(USA) -- It looks like this latest deal between MGM Resorts International and Boyd Gaming Corporation will have major ramifications on the emerging US online gambling...

7/30/2018

article GVC forges US gambling joint venture with MGM Resorts
(USA) -- The UK betting group GVC has struck a breakthrough deal with casino group MGM Resorts International to expand in the US in a bid to take advantage of the long-...
article MGM Makes Wager on U.S. Sports Betting [sub req]
(USA) -- MGM Resorts International on Monday said it would partner with Britain’s GVC Holdings PLC to set up a U.S. sports betting and online-gambling business,...
article New MGM And Boyd Online Gaming Partnership Puts The Brands In 15 States
(USA) -- Top gaming companies MGM Resorts International and Boyd Gaming will partner with each other to expand online and mobile gaming in the United States. The...
article Poised To Grow Sports Betting Platform, MGM Strikes Historic Deals With GVC Holdings, Boyd Gaming
(USA) -- Capping a busy 48-hour period which began with an announcement that its WNBA franchise will host the 2019 All-Star Game, MGM Resorts International agreed to two...
article This Casino Giant Aims To Be 'Instant Leader' In Sports Betting With Big Deal
(USA) -- MGM Resorts International (MGM) has become the latest casino stock to bet big on sports betting after going all-in on a partnership with U.K. gaming giant GVC...
article The Wait Is Over For Mississippi Sports Betting As MGM Announces Plans
(Mississippi) -- A huge day of news for MGM Resorts continues as the company announced it will launch Mississippi sports betting on Wednesday. A Twitter post by the...

7/29/2018

article Ladbrokes owner close to agreeing $200m deal with MGM Resorts
(Las Vegas) -- The UK owner of bookmakers Ladbrokes and Coral is likely to seal a $200m (£153m) tie-up with the world’s biggest casino operator this week, to...
article MGM And GVC Are About To Become A Sports Betting Behemoth
(Las Vegas) -- Since May 14, the deals partnering up casinos, software companies, DFS sites, and sports betting operators seem to be announced every other day. This...
article MGM in talks with sports betting company about joint venture
(Las Vegas) -- MGM Resorts International is sprinting out of the sports betting gates. The Las Vegas-based casino operator is in talks with GVC Holdings, one of the...

7/28/2018

article Ladbrokes hits $200m MGM jackpot in US sport‎s betting frenzy
(UK) -- The owner of Ladbrokes and Coral will unveil a $200m (£153m) tie-up with the world's biggest casino operator next week in a bid to dominate what is...

7/16/2018

article MGM Adds $48 Million Second-Floor Casino at National Harbor
(Maryland) -- MGM National Harbor has debuted a $48 million second-level casino space. The 38,000-square-foot second-level casino introduces an expanded poker room, off-...
article MGM National Harbor’s $48 million second-level casino space debuts today
(Maryland) -- There are more places to gamble than ever at the immensely popular MGM National Harbor. Today marked the debut of a 38,000-square-foot second-level casino...

7/14/2018

article MGM buys Ohio’s Hard Rock Rocksino
(Ohio) -- The property sold for $1.02bn but will continue to operate under the Hard Rock Rocksino name. MGM Growth Properties of Las Vegas said in a news release late...

7/13/2018

article MGM buys Ohio’s Hard Rock Rocksino
(Ohio) -- The Hard Rock Rocksino Northfield Park, the US state of Ohio’s busiest slot machine racino, has been purchased by MGM Growth Properties.
article MGM Growth Properties closes $1.06 billion purchase of Hard Rock Rocksino
(Ohio) -- The Hard Rock Rocksino Northfield Park, Ohio's busiest slot machine racino, has been purchased by MGM Growth Properties for $1.02 billion but will continue...

7/2/2018

article Child Critically Injured by Electric Shock at Maryland Resort
(Maryland) -- A 6-year-old girl received a severe electric shock, and the man who tried to help her also was injured in an incident that took place last week at the MGM...

6/29/2018

press release MGM Resorts: Delivering Innovation at Unimaginable Scale
(Las Vegas) -- With more than 40,000 hotel rooms on the Las Vegas Strip alone, MGM Resorts International is fully aware of the need for innovation to meet the ever-...

6/27/2018

article 6-year-old girl critically injured, man hurt by electric shock at MGM National Harbor
(Maryland) -- Authorities said Wednesday a 6-year-old girl apparently suffered a severe electric shock and a man who tried to help her was also hurt in an incident at...

6/26/2018

article More than 40 tenant signs at MGM Springfield casino get council OK
(Massachusetts) -- With the grand opening of the $960 million MGM Springfield casino just two months away, the City Council on Monday unanimously approved site plans for...

6/22/2018

article MGM Gets Extended Last Call At Springfield Casino
(Massachusetts) -- The first resort casino in Massachusetts, scheduled to open later this summer in Springfield, will be able to serve alcohol into the wee hours of the...

6/21/2018

press release Southeast Student Serving up Hospitality at MGM Resort
(Missouri) -- Southeast Missouri State University senior Heather Keesee says being a Libra a natural people pleaser makes hospitality management a great career fit for...

6/7/2018

article Massachusetts Restaurateurs Voice Concerns over Extended Drink Serving Hours at New MGM Casino
(Massachusetts) -- The Massachusetts restaurant industry has called on regulators to prevent the state’s new casino resort from serving alcohol well into the early hours...
article MGM CEO saw casino as help to ravaged Springfield
(Massachusetts) -- MGM Resorts International CEO Jim Murren knew he wanted to build his next casino in Springfield as soon as he glimpsed the destruction caused by the...

6/2/2018

article St. Clair Shores Man Charged In Murder of Girlfriend at MGM Casino
(Detroit) -- Daniel S. Michalak, 33, of St. Clair Shores, has been charged in Tuesday's death of his girlfriend at the MGM Grand Casino hotel in Detroit.

6/1/2018

article MGM is requesting extension of alcohol hours to 4 a.m.
(Massachusetts) -- What do you think about extending the time to serve alcohol from 2 a.m. to 4 a.m. at MGM Springfield? The Massachusetts Gaming Commission (MGC) wants...
article MGM acquires Empire City Casino
(New York) -- In a move indicative of the changing times, as major casino operators look to acquire market share across the globe, MGM Resorts International has sought...
article Why MGM Resorts is buying Empire City and Yonkers Raceway
(New York) -- When the Rooney family last year sought the advice of JP Morgan on whether to sell Empire City Casino and Yonkers Raceway, it was unclear where the effort...

5/31/2018

article MGM Resorts New York Casino Acquisition Not a Factor in Ongoing Bridgeport, Connecticut Push
(New York) -- MGM Resorts says its $850 million purchase of Empire City Casino in Yonkers, New York will not impact its intention to build an integrated resort in...

5/30/2018

article What we know and what we don't: Yonkers Raceway, Empire City Casino sold to MGM
(New York) -- Tuesday was a big day for Empire City and Yonkers Raceway. Entertainment and hospitality giant MGM Resorts International announced a deal to buy the 119-...
article Number Crunching - MGM, GVC and problem gambling programmes
(UK) -- $850 million - The overall amount paid by MGM Resorts when purchasing the Empire City Casino and Yonkers Raceway in NY state. £1 million - The cost of the...

5/29/2018

article Empire City Casino, Yonkers Raceway sold to MGM
(New York) -- Empire City Casino and Yonkers Raceway were sold Monday to MGM Resorts for $850 million, ending the 46-year ownership by the Rooney family and giving the...
article MGM Buys Empire City Casino, With Potential For New York Sports Betting
(New York) -- MGM Resorts International announced on Tuesday that it had entered into an agreement to buy Empire City Casino in New York.That move would appear to be at...
article MGM makes big bet with purchase of Empire City Casino, Yonkers Raceway
(New York) -- MGM Resorts made a major move into the New York City area market on Tuesday when it announced it will purchase Empire City Casino and Yonkers Raceway for $...
article MGM Resorts and MGM Growth Properties to acquire Empire City Casino for $850 million
(New York) -- MGM Resorts International MGM, and MGM Growth Properties LLC MGP, said Tuesday they have reached an agreement to acquire Empire City Casino's race...
article MGM Resorts International buys Empire City Casino in New York, bolstering East Coast presence ahead of Springfield opening
(New York) -- MGM Resorts International will buy the Empire City Casino and Yonkers Raceway, a move aimed at solidifying the company's gaming presence on the East...
article MGM Resorts to Buy New York Casino for About $605 Million
(New York) -- MGM Resorts MGM International is buying a harness-racing track and casino outside New York City for about $605 million, helping the gambling-venue owner...

5/22/2018

article Is This Proof an MGM-Wynn Resorts Merger Is Off the Table?
(New York) -- Although the idea MGM Resorts (NYSE:MGM) might step in to buy troubled Wynn Resorts (NASDAQ:WYNN) was always more speculative than based on any concrete...

5/19/2018

article MGM Resorts phasing out plastic straws at all hotels
(Las Vegas) -- My Twitter and Facebook followers caught this note Friday night: MGM Resorts International is phasing out plastic straws at all of its hotels. The Straw...

5/14/2018

article MGM Resorts: Company 'extremely well positioned' for legalized sports betting
(Massachusetts) -- Companies with gambling licenses in Massachusetts, including MGM Resorts International, are applauding the US Supreme Court ruling that strikes down a...

5/13/2018

article Las Vegas Strip casino changes names
(Nevada) -- Finally, the transition from Monte Carlo to Park MGM is official. The change in identity for the 22-year-old, 3,000-room Strip resort includes new...

5/11/2018

article MGM Resorts Announces $2B Stock Repurchase, Hints Potential Wynn Acquisition is No More
(Las Vegas) -- MGM Resorts says it plans to repurchase $2 billion worth of its own shares over an unspecified period of time, a motion that shows company executives are...

5/10/2018

article Monte Carlo Casino Resort Rebranding Brings Park MGM to Las Vegas Strip
(Las Vegas) -- Las Vegas is known as the city of sin and the one where entertainment never seems to end, but it is also in a constant state of change and development as...
press release MGM Resorts Named One of America's Best Employers by Forbes
(Las Vegas) -- MGM Resorts International (NYSE: MGM) was ranked No. 76 on Forbes' list of America's Best Employers for 2018, a significant jump from the previous...

5/9/2018

article Bye-Bye Monte Carlo, Welcome MGM Park, 3,000-Room Boutique Hotel
(Las Vegas) -- The Monte Carlo Resort and Casino on the Las Vegas Strip officially rebranded as Park MGM today, Wednesday, May 9. The building’s $550 million...
article Monte Carlo becomes the Park MGM
(Las Vegas) -- With the lighting of its new marquee and hotel tower signs, Monte Carlo officially sheds its name this week for a new identity – Park MGM –...
article Monte Carlo officially transitions to new brand — Park MGM
(Las Vegas) -- For MGM Resorts International, converting the brand on a 3,000-room hotel was a walk in the Park. Most signs are in place and the brand switch from Monte...
article Park MGM is MGM Resorts’ only rebranding effort — for now
(Las Vegas) -- Park MGM has officially supplanted Monte Carlo on the Strip. The formal renaming happened this morning, and the switch of titles reminded me of MGM...
article MGM Resorts CEO Jim Murren issues sharp rebuke toward investors
(Las Vegas) -- MGM Resorts International CEO Jim Murren issued a sharp rebuke toward investors during Tuesday’s Bloomberg’s Business of Equality Summit in...

5/8/2018

article Monte Carlo to be renamed Park MGM Wednesday
(Las Vegas) -- The Monte Carlo is officially no more. The 3,000-room property on the Strip will be rebranded Park MGM on Wednesday. MGM Resorts International is...
article So long Monte Carlo. Vegas' new Park MGM to make its debut Wednesday
(Las Vegas) -- The Park MGM, Las Vegas' newest resort, is to open Wednesday, offering good value for money on the often-pricey Strip. The Park MGM, in the works for...
article Springfield's Chestnut Towers owners pay for residents to attend MGM gaming school
(Massachusetts) -- Luis Sanchez says he fled Puerto Rico four months ago because the aftermath of Hurricane Maria made it impossible for him to resume his career as a...
article MGM chief executive rips 'hypocritical' investors on diversity
(Las Vegas) -- MGM Resorts International has increased the number of women in management and invested in solar panels to power its casinos. Chief Executive Officer James...

5/7/2018

article Cotai opening boosts MGM results
(Macau) -- MGM Resorts International has increased its net revenues by four per cent in the opening three months of the year, with the opening of MGM Cotai offsetting...
article MGM Resorts rules Maryland, Detroit casino markets in April
(Maryland) -- Maryland’s casino market enjoyed a solid performance in April, with only one of its six operators in negative territory. Figures released Monday by...

5/2/2018

article Las Vegas' Ever-Changing Beat
(Las Vegas) -- Las Vegas is transformational; constantly reinventing itself -- a fact that this writer experienced firsthand while visiting the city while commemorating...

4/29/2018

article MGM partnership will pay for employees to go to college
(Las Vegas) -- Nevada’s higher education system will unveil a new program on Friday to make college more accessible and affordable for more of the state’s...
article Park MGM project puts strain on MGM Resorts’ earnings
(Las Vegas) -- MGM Resorts International’s first quarter earnings were below last year’s marks during the same quarter as the company deals with the...

4/26/2018

article MGM Resorts to sell Mandarin Oriental Las Vegas
(Las Vegas) -- CityCenter Holdings, a subsidiary of MGM Resorts International, agreed to sell the Mandarin Oriental Las Vegas and adjacent retail properties for...
article MGM chief says Wynn Boston Harbor acquisition not likely
(Massachusetts) -- Despite reports that MGM Resorts International may acquire the $2.4 billion Wynn Boston Harbor casino in Everett, the CEO of MGM said Thursday that it...
article No Dice for MGM Resorts International
(Las Vegas) -- Some casino stocks aren't very lucky this earnings season. Wynn Resorts (WYNN) took a beating Wednesday after reporting a first-quarter loss on...
article The Latest: MGM, Wynn tamp down Boston casino intrigue
(Massachusetts) -- 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...
article MGM chief says Wynn Boston Harbor acquisition not likely
(Massachusetts) -- Despite reports that MGM Resorts International may acquire the $2.4 billion Wynn Boston Harbor casino in Everett, the CEO of MGM said Thursday that it...
article MGM Resorts International (MGM) Q1 2018 Results - Earnings Call Transcript
(Las Vegas) -- Good morning and welcome to the MGM Resorts International First Quarter 2018 Earnings Conference Call.

4/25/2018

article Woman Goes Missing At MGM Casino: Police
(Maryland) -- Police are searching for a woman who disappeared from the MGM National Harbor casino early Monday morning. Police say 23-year-old Carolina Williamson-Logan...

4/21/2018

article What is Elgin getting in new owner of the Grand Victoria Casino?
(Illinois) -- What is Elgin getting with the impending new owner of the Grand Victoria Casino? And should the community be concerned that casino behemoth MGM Resorts...
article MGM’s new problem gambling program sees big response
(Las Vegas) -- Gaming industry researchers will complete their first comprehensive report this summer on a problem gambling awareness program launched by MGM Resorts...

4/20/2018

article MGM Resorts Readies Its 13 Las Vegas Locations for Solar Array Power
(Las Vegas) -- Las Vegas is known as the gambling capital of the United States and also as a place where the action never stops and neon lights are shining brightly at...

4/19/2018

article Officials react cautiously to casino sale story
(Massachusetts) -- The registration of two domain names – MGMBostonHarbor.com and Mohegansunspringfield.com adds more fuel to the speculation that a sale of the...

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