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MGM strikes agreement for casino in PG County

MGM Resorts International struck an agreement on Friday to build a casino destination at the National Harbor waterfront complex near the nation’s capital, if lawmakers end up allowing the casino and table games like blackjack while also cutting the state’s high tax on gambling proceeds.

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8/28/2015

article Jim Murren Considering Taking MGM Off the Grid in Nevada
(Las Vegas) -- MGM Resorts International Chairman and CEO Jim Murren wants to put his company’s Las Vegas operations on a greener path, using clearner, renewable...

8/23/2015

article MGM Park more than just a baseball stadium in recovering Gulf Coast
(Mississippi) -- Tim Bennett all but gave up on bringing minor league baseball to the Gulf Coast. Bennett, president of Jackson, Miss.-based Overtime Sports, spent a...

8/22/2015

article MGM Resorts International Bond Prices Rise 1% (MGM)
(Wall Street) -- An issue of MGM Resorts International (NYSE:MGM) debt rose 1% as a percentage of its face value during trading on Friday, Analyst Ratings Net reports.

8/15/2015

article Kabuki show debuts at Bellagio as MGM eyes Japan
(Las Vegas) -- Las Vegas can be many things to many people, but MGM Resorts International wants leaders and visitors from Japan to know that its resorts are more than...

8/10/2015

article Big changes ahead for MGM Resorts
(Las Vegas) -- From Nevada to the East Coast and beyond, the empire of properties controlled by casino juggernaut MGM Resorts International is in the midst of a major...

8/9/2015

article Analyst Rating Update on MGM Resorts International
(Wall Street) -- As many as 13 brokerage firms have rated MGM Resorts International (NYSE:MGM) at 1.23. Research Analysts at Zacks have ranked the company at 3,...
article Domestic Hotel And Macau Casino Operations Will Drive MGM's Future Growth
(Wall Street) -- MGM Resorts Q2 results reaffirm our expectations but, at the same time, warrant a change in valuation primarily due to the company’s recently...
article MGM Resorts International Rating Lowered to Sell at Zacks (MGM)
(Wall Street) -- MGM Resorts International (NYSE:MGM) was downgraded by Zacks from a “hold” rating to a “sell” rating in a note issued to...

8/8/2015

article MGM Resorts International Earns “Buy” Rating from Stifel Nicolaus (MGM)
(Wall Street) -- Stifel Nicolaus reiterated their buy rating on shares of MGM Resorts International (NYSE:MGM) in a report released on Wednesday morning, Market Beat.com...

8/7/2015

article With strong 2nd quarter profits, MGM Resorts International announces initiative to maintain growth
(Las Vegas) -- Casino giant MGM Resorts International has a cost-cutting and revenue-boosting plan it says will earn it an extra $300 million annually before taxes and...

8/6/2015

article MGM dreams of luxury shopping in wake of Harmon 'nightmare'
(Las Vegas) -- So what does a company do with a 2.5-acre hole-in-the-ground on the Strip after years of an expensive and contentious construction defect lawsuit? Answer...

8/4/2015

article MGM sues Connecticut governor over tribal casino act
(Connecticut) -- MGM Resorts International is suing the state of Connecticut in an effort to block the recently authorized construction of a new tribal gaming facility...
article Murren: 'The Mirage is not on the market'
(Las Vegas) -- MGM Resorts International did not announce a real estate investment trust structure for the company Tuesday and top executive Jim Murren shot down reports...
article Casino operator MGM Resorts 2nd-quarter performance tops Wall Street's estimates
(Las Vegas) -- MGM Resorts' second-quarter profit declined compared with the same period a year earlier when the casino booked a much larger income tax benefit.
article MGM Resorts pitches profit plan, 2Q results beat forecasts
(Las Vegas) -- MGM Resorts CEO Jim Murren says a new internal company plan is expected to cut costs and boost revenue to bring in an additional $300 million annually in...
article MGM Resorts pitches profit plan, 2Q results beat forecasts
(Las Vegas) -- Casino giant MGM Resorts International has a cost-cutting and revenue-boosting plan it says will earn it an extra $300 million annually before taxes and...
article MGM Resorts quarterly results driven down by Macau
(Las Vegas) -- A nearly 33 percent decline in revenue from its Macau casino drove down second-quarter results for MGM Resorts International. The casino giant said...

8/3/2015

article MGM Resorts CEO: Slot floors of today’s days are numbered
(Maryland) -- Many slot machines on casino floors bear images of faded but recognizable movies or TV shows such as "Sex and the City," "Ghostbusters...

7/31/2015

article MGM Resorts hires former Nevada congressman to brand casino
(Maryland) -- Former Nevada Congressman Steven Horsford is helping MGM Resorts International make sure the casino company keeps its word to Prince George's County...

7/29/2015

article Analysts say MGM may look at selling The Mirage
(Las Vegas) -- Two Wall Street analysts said in research notes Wednesday that MGM Resorts International may be considering selling The Mirage to focus on other...
article As Macau Heads Toward Vegas-Style Makeover, MGM Seeks to Adapt
(Macau) -- Running a casino in Macau used to be a simpler affair: build a world-class hotel, have junket agents bring in high rollers from China and design attractions...

7/22/2015

article MGM Resorts 'very engaged' in REIT discussions
(Las Vegas) -- It hasn't been a quiet year for MGM Resorts International. The general belief is that it's going to get much louder. Wall Street expects MGM...

7/21/2015

article MGM bringing in new IGT sportsbook system, app
(Las Vegas) -- Jay Rood MGM Resorts Director of Race and Sports and Hub director Jeff StonebackAmid everything going on in the booking world as football season nears,...

7/19/2015

article MGM Resorts Runs Fountain Shows But Says It Saved 2 Billion Gallons of Water
(Las Vegas) -- Sin City may look like a lush water-waster as the state endures its fourth year of a severe drought, but casino-resorts say their fountains and greenery...

7/17/2015

article MGM Resorts tells drought panel it's saved 2 billion gallons
(Las Vegas) -- Sin City may look like a lush water-waster as the state endures its fourth year of a severe drought, but casino-resorts say their fountains and greenery...
article Maryland Casino Will Fuel Domestic Gaming Growth For MGM Resorts
(New York) -- Gaming at the Las Vegas Strip has seen uneven trends in the recent past and gross revenues have been hovering around $6 billion for the past few years....

7/15/2015

article MGM Resorts to Take Steps to Stop Tribal Casino in Connecticut
(Connecticut) -- MGM Resorts International will try to prevent the construction of a tribal casino in Connecticut that would compete with MGM’s own resort being...
article Remarks By MGM Boss Launch Casino Border War
(Connecticut) -- A simmering battle between Connecticut casino advocates and MGM Springfield broke out into a border war Wednesday as the MGM president vowed to block...

7/10/2015

article Active Stocks News Review: MGM Resorts International (NYSE:MGM), Mondelez International, Inc. (NASDAQ:MDLZ), Boyd Gaming Corporation (NYSE:BYD)
(Wall Street) -- MGM Resorts Foundation’s Women’s Leadership Conference may be days away, but there is still time to register for this annual gathering being...
article MGM Resorts International Lifted to “Buy” at Zacks (MGM)
(Wall Street) -- Zacks upgraded shares of MGM Resorts International (NYSE:MGM) from a hold rating to a buy rating in a research note issued to investors on Wednesday,...

7/9/2015

article Here’s Why MGM Resorts International (MGM) Stock Plunged 8% On Wednesday
(Wall Street) -- Shares of the Nevada-based casino operator, MGM Resorts International (NYSE:MGM), plunged 7.9% to $17.55 on Wednesday, after the company said it was...

7/7/2015

article Eldorado to take full ownership of Silver Legacy, Circus Circus
(Reno) -- Reno's Eldorado Resorts Inc., operated by the Carano family, is acquiring MGM Resorts' 50 percent stake in the 35-story Silver Legacy Resort Casino as...
article MGM selling two Reno casinos to Eldorado Resorts
(Reno) -- MGM Resorts International is selling two Reno properties to a Northern Nevada casino company. Eldorado Resorts will acquire MGM’s 50 percent interest in...
article MGM to sell Reno casino-hotels for $72.5 million
(Reno) -- MGM Resorts International says it's selling Circus Circus Reno and its stake in the Silver Legacy Resort Casino Reno to Eldorado Resorts Inc. for $72.5 million.

6/18/2015

article The improbable story of the 8th-grade dropout who transformed Las Vegas
(Las Vegas) -- His father was an immigrant fruit seller so poor that the family would move every few months when they couldn’t pay rent. He was expelled from one...

6/17/2015

article Kerkorian’s will calls for ‘orderly’ sale of his MGM Resorts stock
(Las Vegas) -- When casino mogul Kirk Kerkorian died on Monday, he left behind an unimpeachable legacy in Las Vegas, where he built the gaming empire of MGM Resorts...
article Kirk Kerkorian remembered as visionary businessman, philanthropist, loyal friend
(Las Vegas) -- Friends and business associates of billionaire builder and philanthropist Kirk Kerkorian talked today about the man who helped shape Las Vegas. Kerkorian...

6/16/2015

article Billionaire Las Vegas builder and philanthropist Kirk Kerkorian dies at 98
(California) -- Billionaire businessman Kirk Kerkorian spent a lifetime outdoing himself, whether it was being the biggest studio boss in Hollywood or one of America...
article Billionaire Las Vegas mogul Kirk Kerkorian dies in Los Angeles
(California) -- Billionaire financier Kirk Kerkorian, one of the founders of modern Las Vegas whose name is synonymous with some of the Strip’s best known hotel-...
article In Memoriam: MGM Resorts International Founder Kirk Kerkorian (1917 - 2015)
(Las Vegas) -- MGM Resorts International (MGM) honors the memory of Kirk (Kirkor) Kerkorian, the company's founder, who passed away last evening. On June 6, he had...
article Kerkorian's will requires Tracinda to sell stake in MGM Resorts
(New York) -- Tracinda Corp, the holding company founded by Kirk Kerkorian, said the billionaire's will requires the company to dispose of its stake in casino...
article Kirk Kerkorian called 'gutsy' leader who helped shape Las Vegas
(Las Vegas) -- In the history of Las Vegas, Kirk Kerkorian's name will be mentioned alongside Bugsy Siegel, Howard Hughes and Steve Wynn as key visionaries who...
article Kirk Kerkorian, businessman who bet on the Las Vegas Strip, dies at 98
(California) -- Kirk Kerkorian, a self-made billionaire who became known as one of the most cunning dealmakers of his generation through his buying and selling of some...

6/14/2015

article MGM reconfigures credit agreement for Macau Resort
(Macau) -- MGM Resort International announced Friday June 12, 2015 that it has refinanced the credit agreement for the Macau subsidiary. The agreement is being used to...

6/12/2015

article New credit agreement helps MGM complete $2.9 billion Macau resort
(Las Vegas) -- MGM Resorts International said Friday it refinanced its credit agreement surrounding its Macau subsidiary, which will be used to help complete the company...

6/10/2015

article MGM's Jim Murren On The Future Of The Gaming Giant
(Las Vegas) -- The top executive at one of the world’s largest gaming companies isn’t one for going all in at the poker table. MGM Resorts International boss...
article What Factors Can Drive MGM Resorts’ Stock Price?
(Wall Street) -- MGM Resorts‘ (NASDAQ:MGM) domestic hotel operations have been trending well for the past few years led by a better macro-economic environment.

6/5/2015

article Current Trade News Analysis on: MGM Resorts International, (NYSE:MGM), The Bank of New York Mellon Corporation, (NYSE:BK), StemCells, (NASDAQ:STEM), Canadian Pacific Railway, (NYSE:CP)
(Wall Street) -- On Friday, in the course of current trade, Shares of MGM Resorts International (NYSE:MGM), dropped -0.30%, and is now trading at $20.22.

5/24/2015

article MGM Grand deal gives Detroit Lions fans tunnel vision
(Detroit) -- Detroit Lions fans with money to spend will be able to buy access this season to a new premium club at Ford Field that will be directly adjacent to the...

5/20/2015

article MGM demands withdrawal of complaint in RICO suit
(Maryland) -- MGM National Harbor has struck back against a lawsuit filed last month that claimed it failed to award contracts for its casino project to minority...
article Selling MGM China stake would be bad idea: MGM Resorts exec
(Macau) -- A senior executive of MGM Resorts International on Wednesday described any notion of selling down or selling off its 51 percent stake in Macau casino operator...

5/19/2015

article Shareholder ends proxy fight with MGM Resorts
(New York) -- New York based Land and Buildings Investment Management ended its proxy fight with MGM Resorts International Tuesday, saying that “substantial...

5/15/2015

article Advisors Take Sides In MGM, Land & Buildings Fray
(Wall Street) -- Investor advisor Glass Lewis & Co. backed a candidate put forth by Land & Buildings, which has a 0.4% stake in MGM Resorts International (NYSE:...

5/12/2015

article MGM Resorts might rename, revamp its ‘underutilized asset’ Monte Carlo
(Las Vegas) -- Big changes could be on the horizon for the Monte Carlo resort. MGM Resorts International CEO Jim Murren said in a recent interview that his company,...

5/4/2015

article CityCenter settlement boosts MGM’s first-quarter profit
(Las Vegas) -- MGM Resorts International is still counting the money it earned from hosting Saturday's Floyd Mayweather Jr.-Manny Pacquiao fight, so CEO Jim Murren...
article Dividends in Danger as MGM China, Rivals Yield to Macau Slump
(Macau) -- MGM China Holdings Ltd. is reconsidering its special dividends, which totaled $1.4 billion over the past three years, because of the gambling slump in Macau....
article MGM Resorts Reaps Record Bets as Fight Fans Hit Craps Tables
(Las Vegas) -- Floyd Mayweather’s unanimous victory over Manny Pacquiao was a huge payday for MGM Resorts International, which hosted the bout, even if fans went...
article MGM Resorts’ Sales Miss Estimates Macau Slump Weighs on Results
(Macau) -- MGM Resorts International, which is being pressed to put its casinos into a real-estate investment trust, reported first-quarter sales that missed analysts...

4/30/2015

article MGM Resorts Will Post Lower Earnings Amid A Slowdown In Macau
(New York) -- MGM Resorts (NYSE:MGM) will report its Q1 2015 earnings on May 4th. We believe the company continues to face headwinds from a decline in gambling, both in...
article Small investor in MGM Resorts advocates removal of board members
(New York) -- An investment manager with a less than 1 percent ownership position in MGM Resorts International stock is advocating the removal of four members of the...

4/29/2015

article MGM’s Murren: Those Who Say DFS Isn’t Gambling Are “Absolutely, Utterly Wrong”
(Washington D.C.) -- Jim Murren, CEO of MGM Resorts International, offered a few choice comments today on the subject of daily fantasy sports at a media briefing in...
article Murren: Sky won’t fall on MGM if online gambling banned
(Washington D.C.) -- The sky won’t fall on MGM Resorts International if a ban is reinstalled on legalized gambling over the Internet, Chairman and CEO James Murren...

4/27/2015

article Should MGM branch out into real estate?
(Las Vegas) -- As big casino operators go, MGM Resorts International is performing relatively well right now. The company boosted revenue while narrowing losses last...

4/23/2015

article Minority business owners sue over MGM Casino
(Maryland) -- A group of local minority business owners filed a lawsuit in federal court Monday seeking over $500 million dollars in damages from defendants tied to the...

4/22/2015

article MGM: Nearly 1/3 of contracting firms in casino project are minority-owned
(Maryland) -- Residents and minority-owned businesses in Prince George’s are getting their fair share of contracts in the construction of Maryland’s sixth...

4/21/2015

article MGM Dissident Litt Says Casino Operator Overbuilding Again (updated)
(Las Vegas) -- Jonathan Litt, who’s pushing MGM Resorts International to put its properties into a real estate investment trust, stepped up his criticism of the...
article MGM hires advisor to explore REIT conversion
(Las Vegas) -- MGM Resorts International announced that it has published an investor presentation in connection with its 2015 annual meeting of shareholders, to be held...

4/20/2015

article MGM Resorts rises after taking on Evercore as advisor
(New York) -- MGM Resorts International said Monday that the investment bank Evercore will join its team of advisors as it looks at strategic options.

4/14/2015

article MGM Resorts calls shareholder proposal to change the company's structure seriously flawed
(Wall Street) -- MGM Resorts International is urging shareholders of the casino-resort company to ignore an investment firm's proposal suggesting the company be...

4/13/2015

article MGM Resorts urges rejection of REIT supporters at AGM
(Wall Street) -- MGM Resorts International, 51-percent owner of Macau casino operator MGM China Holdings Ltd, says a proposal to split the group’s business into...

4/4/2015

article MGM Resorts International Lifted to “Strong-Buy” at Vetr Inc. (MGM)
(Wall Street) -- Vetr upgraded shares of MGM Resorts International (NYSE:MGM) from a buy rating to a strong-buy rating in a research note issued to investors on...

3/26/2015

article MGM Blocking Vegas Hotels From Showing Fight
(Las Vegas) -- If you're gonna be in Vegas for the big fight ... and you're not at an MGM property ... you may be S.O.L. -- because MGM honchos are blocking...

3/23/2015

article MGM Grand goes all-in, donating 14,000 pounds of food
(Detroit) -- MGM Grand Detroit delivered 13,886 pounds of food Monday to Gleaners Community Food Bank in Detroit, which will provide more than 25,000 meals. MGM Grand...
article In REITs MGM Trusts
(New York) -- Hedge Fund Land and Buildings Investment Management has recently proposed MGM Resorts International form a Real Estate Investment Trust. The REIT would see...

3/22/2015

article Is MGM Headed For A Proxy Fight?
(Las Vegas) -- Three days after hedge fund Land and Buildings released a detailed report on MGM Resorts International (NYSE: MGM) advising the company to consider...

3/20/2015

article MGM Resorts (MGM) Stock Falls Today After Rejecting Activist Board Nominees
(New York) -- MGM Resorts In'l. (MGM - Get Report) shares are down 1.9% to $22.42, falling into negative territory almost immediately after the company unanimously...
article STUTZ: MGM advises shareholders to not vote for hedge fund candidates
(Las Vegas) -- MGM Resorts International told shareholders Friday not to vote for any of the board of director candidates offered by a New York hedge fund that suggested...

3/17/2015

article Hedge fund proposes REIT split for MGM Resorts
(Las Vegas) -- A New York hedge fund proposed Tuesday that MGM Resorts International convert its casinos and land holdings into a real estate investment trust, a move...
article MGM Resorts Urged to Pursue REIT by Land & Buildings’ Litt
(New York) -- MGM Resorts International should split into a separate real-estate investment trust and hotel-management company, said Jonathan Litt, an activist hedge-...

3/13/2015

article Luxor, Excalibur president retiring; Luxor getting new GM
(Las Vegas) -- The president of the Luxor and Excalibur is retiring next month, MGM Resorts International announced today. Renee West, who MGM says was the first woman...
article Strip resorts president West to retire in April
(Las Vegas) -- Luxor and Excalibur President Renée West, the first woman ever named president of a Strip resort, will retire in April, MGM Resorts International said...

3/10/2015

article Here’s a Reason MGM Resorts (MGM) Stock is Lower Today
(New York) -- Shares of MGM Resorts International (MGM - Get Report) are down by 2.73% to $20.34 in early afternoon trading on Tuesday, after Deutsche Bank (DB)...
article MGM’s share price has huge upside potential
(Wall Street) -- In this part of the series, we’ll discuss MGM Resorts’ (MGM) share price movement. MGM’s share price hasn’t been impacted much...

3/8/2015

article Measles breaks out at MGM Grand Hotel and Casino in Las Vegas
(Las Vegas) -- Measles struck three people at the MGM Grand Hotel and Casino in Las Vegas, health officials confirmed Friday. The new cases are two staff members and one...

3/7/2015

article This Las Vegas Casino Has The Worst Reputation (Hint: It’s Not Caesar’s)
(Las Vegas) -- In Las Vegas, your business is only as good as your reputation. If customers believe they're not getting a good value, service isn't good, or the...

2/22/2015

article Golf Facility Planned at MGM Grand
(Las Vegas) -- Topgolf International, Inc. today confirmed long-standing rumors that it is building a state-of-the-art flagship location at MGM Grand Hotel & Casino...
article MGM CEO: We can ride out China gambling volatility
(Australia) -- After casinos in Macau suffered eight straight months of gaming revenue declines, MGM (NYSE: MGM) Chairman and CEO Jim Murren doesn't see stability in...
article MGM: Volatility in Macau likely throughout 2015
(Macau) -- The Chairman and Chief Executive Officer of MGM International Resorts is not expecting stability to arrive in Macau’s gaming industry any time soon.
article Lilian Tomovich, Chief Experience Officer, MGM Resorts International
(USA) -- As gaming becomes more of an entertainment attraction, casino companies are focusing more on the overall experience. At MGM Resorts, the company opted to...

2/21/2015

article MGM CEO: China problems not going away, but we'll manage
(USA) -- After casinos in Macau suffered eight straight months of gaming revenue declines, MGM Chairman and CEO Jim Murren doesn't see stability in China any time...
article MGM Resorts International’s Neutral Rating Reaffirmed at Zacks (MGM)
(Wall Street) -- MGM Resorts International logoZacks reaffirmed their neutral rating on shares of MGM Resorts International (NYSE:MGM) in a research note issued to...
article The MGM Grand sold out their rooms in 15 minutes following Mayweather/Pacquiao announcement
(Las Vegas) -- Earlier today, boxing fans around the world got their years-long wish when it was announced that Floyd Mayweather Jr. vs. Manny Pacquiao was finally made...

2/20/2015

article Computer glitch? MGM Grand Hotel appears sold out on Pacquiao-Mayweather bout date
(Las Vegas) -- Is the MGM Grand Hotel, the venue of Filipino boxing champ and Sarangani Rep. Emmanuel "Manny" Pacquiao's bout with Floyd Mayweather Jr.,...

2/18/2015

article $300k dinner bill ‘sign people are ready to spend again,’ MGM chairman says
(Las Vegas) -- MGM Resorts International Chairman Jim Murren told analysts and investors Tuesday there were “encouraging signs” of increased customer...
article MGM Resorts Misses on Q4 Earnings, Macau Woes Continue - Analyst Blog
(New York) -- MGM Resorts International 's MGM earnings missed the Zacks Consensus Estimate for the second time in a row when the company posted its fourth quarter...
article MGM revenue and losses worse in 4th quarter, better for year
(Las Vegas) -- MGM Resorts International, the casino company that operates such Strip properties as the Bellagio, MGM Grand and Aria, reported its fourth-quarter and...

2/17/2015

article Macau factors into MGM Resorts fourth quarter net loss
(Macau) -- MMGM Resorts International operates just one casino in Macau, but the troubles that have besieged the market factored into the company’s fourth quarter...
article MGM Chairman Murren sees ‘encouraging signs’ of stronger spending
(Las Vegas) -- MGM Resorts International Chairman Jim Murren told analysts and investors Tuesday there were “encouraging signs” of increased customer...
article MGM reports wider 4th-quarter loss
(Las Vegas) -- MGM Resorts International's fourth-quarter loss widened, hurt by a hefty provision for income taxes. The company also announced Tuesday that MGM China...

2/16/2015

article MGM Resorts earnings: What are analysts looking for in 2014 results?
(Massachusetts) -- MGM Resorts International, the $25 billion multinational company preparing to build an $800 million resort casino in Springfield's South End,...

2/14/2015

article One More Reason MGM Resorts International Is the Las Vegas Winner
(Las Vegas) -- Las Vegas is growing. While Macau has been a drag recently on the revenue growth of companies like Las Vegas Sands and Wynn Resorts , Las Vegas has been...

2/6/2015

article Deutsche Bank Analysts Give MGM Resorts International a $29.00 Price Target (MGM)
(Las Vegas) -- MGM Resorts International logoDeutsche Bank set a $29.00 target price on MGM Resorts International (NYSE:MGM) in a report issued on Wednesday.

2/5/2015

article The MGM effect: Massive National Harbor project may drive up contracting costs for all
(Maryland) -- The $1.2 billion MGM National Harbor resort will create thousands of jobs and drive work to hundreds of small and local businesses during the roughly two...
article 3 Reasons to Avoid MGM Stock Right Now
(Las Vegas) -- MGM Resorts International (NYSE:MGM) is a leader in casino resorts around the world, but competition from more adroit competitors and slow growth in China...

1/25/2015

article MGM Resorts International named one of best companies for diversity by Black Enterprise magazine
(Massachusetts) -- MGM Resorts International, the parent company to the MGM Springfield resort casino, was again named one of the 40 best companies in the nation for...

1/18/2015

article MGM receives awards for training, engagement of employees
(Las Vegas) -- MGM Resorts International has received two awards for its training and engagement of employees. Software provider Achievers recently named MGM Resorts...

1/16/2015

article MGM Resorts International’s Buy Rating Reiterated at Stifel Nicolaus
(Wall Street) -- MGM Resorts International (NYSE:MGM)‘s stock had its “buy” rating restated by Stifel Nicolaus in a research note issued on Thursday.

1/8/2015

article Springfield council president wants to limit ability of city workers to take jobs with MGM
(Massachusetts) -- Springfield's city council president, in an effort to discourage abuse, on Wednesday proposed restricting when city leaders can seek employment with...
article MGM Resorts International (MGM) Stock Gets Ratings Upgrade Today at Wells Fargo
(New York) -- MGM Resorts International (MGM) received a ratings upgrade to "outperform" from "market perform" at Wells Fargo on Thursday morning.

1/6/2015

article MGM employee sues casino under right-to-work law
(Detroit) -- An area MGM Grand Detroit casino employee has filed federal charges against a local security guard union and the casino for blocking her from exercising her...

1/1/2015

article 3 Reasons MGM Resorts International Stock Could Rise
(Wall Street) -- MGM Resorts International (NYSE: MGM ) has been the best-performing gaming stock to own in 2014, at least in terms of being the stock with the least...

12/31/2014

article MGM Resorts International Bonds Trading 1% Lower (MGM)
(Wall Street) -- MGM Resorts International logoAn issue of MGM Resorts International (NYSE:MGM) debt fell 1% against its face value during trading on Wednesday, Stock...
article Slot Games Will Drive MGM's Domestic Casino Operations In The Coming Years
(Las Vegas) -- The Las Vegas Strip continued to see a drop in gaming revenues for the third consecutive month in October. Statewide, revenues fell a little over 4% to $...
article MGM to hold a job fair for 700 summer positions
(Las Vegas) -- Las Vegas is facing snow on New Year’s, but MGM Resorts International is currently considering about the pool season. The casino operator will hold...

12/24/2014

article Slot Games Will Drive MGM’s Domestic Casino Operations In The Coming Years
(New York) -- The Las Vegas Strip continued to see a drop in gaming revenues for the third consecutive month in October. Statewide, revenues fell a little over 4% to $...

12/12/2014

article Coroner identifies suicide victim at MGM Grand
(Las Vegas) -- The man who was found dead inof an MGM Grand hotel room Wednesday morning has been identified by the Clark County coroner’s office.
article Man found dead in Vegas Strip room was from Texas
(Las Vegas) -- Authorities have identified a man found dead by a police SWAT team inside a Las Vegas Strip hotel room as 57-year-old Scott Allan Williams of Greenville,...

12/11/2014

article Police discover deceased male in MGM Grand hotel room
(Las Vegas) -- A man is dead after a police standoff on Wednesday. Police were on the scene of a situation that turned deadly at the MGM Grand Hotel & Casino.

11/25/2014

article MGM Resorts raises $1.15 billion of new debt
(Las Vegas) -- MGM Resorts International said Tuesday it completed transactions that raised $1.15 billion of new debt. The casino operator said the funds will be used...

11/17/2014

article MGM Resorts Foundation puts money where mission is
(Las Vegas) -- MGM Resorts International is one of Las Vegas’ largest and most high-profile businesses. And, with annual donations surpassing $11 million, so is...

11/8/2014

article MGM Resorts International Receives “B-” Credit Rating from Morningstar (MGM)
(Wall Street) -- MGM Resorts International logoMGM Resorts International (NYSE:MGM) has earned a “B-” credit rating from analysts at Morningstar.

11/1/2014

article MGM Resorts sells its Gold Strike Casino
(Las Vegas) -- MGM Resorts International has sold the Gold Strike casino to the former owners of Las Vegas' Terrible's Casino. This is the second such sale by...

10/31/2014

article MGM Resorts International’s Overweight Rating Reaffirmed at Barclays (MGM)
(Wall Street) -- MGM Resorts International logoBarclays reissued their overweight rating on shares of MGM Resorts International (NYSE:MGM) in a research note released on...
article MGM Resorts Posts Q3 Loss on Weak Gambling Revenues - Analyst Blog
(Wall Street) -- MGM Resorts International ( MGM ) posted a loss in the third quarter of 2014 owing to a weak Macau market. Revenues, however, beat the Zacks Consensus...

10/30/2014

article MGM in ‘preliminary’ talks to bring NHL to Vegas
(Las Vegas) -- The chief financial officer for MGM Resorts International said Thursday the company has held discussions with a group looking to bring a National Hockey...
article MGM Resorts reduces third quarter net loss
(Las Vegas) -- MGM Resorts International lost $20.3 million in the third quarter, saying some of the construction activity related to the company’s Strip resorts...
article MGM Resorts reports 3Q loss from casinos, expenses
(Las Vegas) -- Sometimes the house doesn't win as much as it hopes. MGM Resorts International earned $40 million less in revenue from its casinos, largely table...
article MGM Resorts Reports Loss on Lower U.S. Casino Revenue
(New York) -- MGM Resorts International (MGM) reported a third-quarter loss as gambling revenue declined in the U.S. MGM, the largest owner of casinos on the Las Vegas...

10/17/2014

article MGM to sell Gold Strike Hotel & Gambling Hall
(Las Vegas) -- MGM Resorts International officials announced Thursday that the company plans to sell the Gold Strike Hotel & Gambling Hall to a company owned by...

10/16/2014

article MGM Resorts selling Gold Strike in Jean
(Nevada) -- MGM Resorts International is selling another casino. MGM announced today it has entered into an agreement to sell the Gold Strike in Jean to JETT Gaming, a...
article MGM Resorts sells Gold Strike to JETT Gaming
(Nevada) -- MGM Resorts International said Thursday it agreed to sell the Gold Strike in Jean to JETT Gaming, a company owned by members of the Herbst family. A sales...

10/13/2014

article From 2,500 Miles Away, an Online Gambling for New York
(New York) -- The postings, with their populist tone, started appearing on Facebook and Twitter a few weeks ago. Their message was simple: If people in New Jersey can...

10/10/2014

article MGM Resorts International Lifted to “Buy” at Craig Hallum (MGM)
(Wall Street) -- MGM Resorts International logoCraig Hallum upgraded shares of MGM Resorts International (NYSE:MGM) from a hold rating to a buy rating in a research...

10/5/2014

article Gambling equals big bucks
(Las Vegas) -- Did you hear that MGM Resorts International — purveyors of the M Life customer loyalty program — is suing a medical marijuana company calling...

10/2/2014

article MGM’s Las Vegas Arena good for Strip’s recovery: analyst
(Las Vegas) -- MGM Resorts International and Anschutz Entertainment Group Inc (AEG) on Wednesday announced a US$200 million bank facility to fund the development and...

9/30/2014

article MGM Resorts Considers Fantasy Sports Investment, CEO Says
(Las Vegas) -- MGM Resorts International (MGM), the largest operator of casinos on the Las Vegas Strip, is considering investing in fantasy sports leagues, Chief...

9/28/2014

article Shining on Major News: MGM Resorts (NYSE:MGM), Zynga Inc (NASDAQ:ZNGA)
(Wall Street) -- CASINO giant MGM Resorts International (NYSE:MGM) says the M’Life name obtained by a Las Vegas marijuana dispensary is too close to the resort...

9/24/2014

article MGM Resorts files trademark lawsuit against pot company
(Nevada) -- With the medical marijuana industry in Nevada on the horizon, gaming giant MGM Resorts International is going to court against a pot company for trademark...

9/23/2014

article NAC fines Jones, Cormier for brawl in MGM Grand lobby
(Las Vegas) -- Ultimate Fighting Championship light heavyweight stars Jon Jones and Daniel Cormier each took a slightly different approach in answering to the Nevada...

9/12/2014

article MGM Resorts Gets Approval to Regain 50% Stake in Borgata - Analyst Blog
(Atlantic City) -- MGM Resorts International ( MGM ) has received approval from casino regulators in New Jersey to keep its 50% stake in Borgata Casino and Spa. This...

9/11/2014

article MGM received regulatory approval on Wednesday to re-enter Atlantic City’s casino business and reclaim its 50% stake in Borgata
(Atlantic City) -- MGM Resorts International (MGM) gained regulatory approval from New Jersey Casino Control Commission to re-enter Atlantic City’s casino business...
article New Jersey Lets MGM Keep Half of Borgata Casino
(Atlantic City) -- New Jersey casino regulators on Wednesday let MGM Resorts MGM +0.25% back into the Atlantic City casino market. The Casino Control Commission voted to...

9/10/2014

article MGM Resorts cleared to re-enter ailing Atlantic City market
(Atlantic City) -- MGM Resorts International won regulatory permission on Wednesday to re-enter the Atlantic City casino market after a 20-month investigation focusing...
article How Are MGM's U.S. Slots Operations Trending?
(New York) -- MGM Resorts, unlike other casino operators, derives a majority of its revenues from its U.S. operations. Around 40% of these revenues are generated from...

9/9/2014

article While others exit, MGM wants back in to Atlantic City gambling
(Atlantic City) -- As other companies abandon the New Jersey gambling hub of Atlantic City, MGM Resorts International could learn on Wednesday whether it will be allowed...
article New Jersey might rule on Pansy Ho this week
(New Jersey) -- MGM Resorts International – 51 percent owner of Macau casino operator MGM China Holdings Ltd – could find out on Wednesday whether it will be...

9/8/2014

article MGM return on Casino Control Commission agenda this week
(New Jersey) -- The Casino Control Commission plans on Wednesday to consider the request of MGM Resorts International to return to Atlantic City and reacquire its stake...

9/6/2014

article MGM Resorts makes promotion, appointment
(Mississippi) -- Allison Smith Mitchell has been promoted to vice president of human resources Southern Operations, which includes Beau Rivage in Biloxi and Gold Strike...

9/5/2014

article Developer buying Railroad Pass from MGM
(Nevada) -- The state’s oldest continuously operated casino is changing hands. Railroad Pass is being acquired by Henderson-based commercial real estate developer...

9/1/2014

article MGM tapping into craft beer festivals
(Las Vegas) -- For the past year, beer festival organizer Motley Brews in Las Vegas has cornered the local beer fest market. Motley Brews drew 5,500 suds lovers to the...

8/24/2014

article New Hampshire couple wins long-awaited $2.4M jackpot at Las Vegas 'Lion's Share' machine
(Las Vegas) -- The most infamously stingy slot machine in Las Vegas has finally given up its bounty. A lucky New Hampshire couple will return from their Vegas vacation...
article US couple win slot machine's $2.4m jackpot after 20 years of waiting
(Las Vegas) -- An American couple have scooped $2.4m (£1.45m) after winning the most anticipated jackpot in Las Vegas slot machines. Walter and Linda Misco from...

8/23/2014

article Famously stubborn Vegas slot machine gives up $2.4 million jackpot
(Las Vegas) -- A pair of grandparents from New Hampshire has won $2.4 million at a notoriously stubborn MGM Grand slot machine. Walter Misco played for about five...
article Jackpot ends era of MGM slot machine
(Las Vegas) -- The legend of the Lion’s Share slot machine at the MGM Grand is at an end. After years of hoarding its progressive jackpot and gaining international...
article Man takes wife’s advice; wins $2.4 million
(Las Vegas) -- Walter Misco said it pays to listen to your wife. It paid off huge, in fact, about 11 p.m. Friday when he won $2.4 million on the MGM Grand’s Lion...
article New Hampshire couple got lucky in slot machine
(New Hampshire) -- MGM Grand slot machine winnerAt a notorious stubborn slot machine of MGM Grand, a couple that happened to be grandparents from New Hampshire won a...

8/22/2014

article MGM Settles Allegations In New Jersey To Regain Gaming License
(New Jersey) -- MGM Resorts International and Tracinda Corp. have agreed to pay a total of $225,000 to settle lingering allegations that the two entities violated New...
article MGM settles claim in prelude to N.J. licensing case
(New Jersey) -- MGM Resorts International and the investment arm of company founder Kirk Kerkorian have agreed to pay a $225,000 settlement to New Jersey regulators in a...

8/21/2014

article MGM working to regain Atlantic City casino license as future of gaming in Massachusetts remains unclear
(Massachusetts) -- With a ballot proposal to repeal the entire Massachusetts casino law still hanging over the already approved MGM Resorts International casino in...

8/19/2014

article MGM Resorts to pay settlement in effort to regain N.J. gaming license
(New Jersey) -- MGM Resorts International and the investment arm of company founder Kirk Kerkorian will pay a combined $225,000 to New Jersey gaming regulators as part...
article 80,000 nonemployees download MGM staff’s healthy eating app
(USA) -- MGM Resorts International em­­ployees who want to eat healthy while at work can check their progress on their smartphones. So can lots of others, it...

8/18/2014

article MOTLEY FOOL: 5 Things MGM Resorts' Management Wants You to Know
(New York) -- These words were spoken by MGM Resorts International (NYSE: MGM ) CEO James Murren in the conference call following the company's second-quarter...
article Turnaround story unfolds for MGM Resorts International
(Las Vegas) -- A few years ago, when the recession had a firm chokehold on the casino industry, MGM Resorts International was a mess. CityCenter opened in December 2009...

8/14/2014

article MGM Resorts: Place Your Bet
(Las Vegas) -- Travel & tourism is one of the most heavily cyclical industries. When times are tough, the first thing many families cut back on is the expensive...

8/10/2014

article Active Watch List : MGM Resorts International (NYSE:MGM), Zynga (NASDAQ:ZNGA)
(Wall Street) -- MGM Resorts International (NYSE:MGM) will build an outdoor events venue on the north Strip. The complex will be on 39 acres at the southwest corner of...

8/9/2014

article Vegas Wire: MGM's casinos on Strip retake winning streak from Macau
(Las Vegas) -- MGM Resorts International’s single casino in Macau has carried the company in recent quarterly reporting periods. But not for the three-month...

8/5/2014

article MGM Resorts returns to profit in 2nd quarter
(Las Vegas) -- MGM Resorts International, the owner of such iconic Strip properties as the MGM Grand, Bellagio and New York-New York, announced its second-quarter...
article MGM Resorts reverses second quarter net loss
(Las Vegas) -- MGM Resorts International reversed a second-quarter net loss thanks to results from the company’s Strip resorts.
article Strip properties power MGM earnings
(Las Vegas) -- MGM Resorts International’s single casino in Macau has carried in the company in recent quarterly reporting periods. But not for the three-month...
article Vegas is back! MGM is winning big in U.S.
(Las Vegas) -- Don't go all in on Macau just yet. The Chinese gambling mecca gets all the hype these days, but it was actually fireworks in Vegas that carried MGM...

8/2/2014

article MGM Grand goes local for chocolaty turndown service
(Detroit) -- MGM Grand Detroit is buying hundreds of thousands of chocolates from Clinton Township-based Sanders & Morley Candy Makers Inc.

7/17/2014

article MGM China 2Q EBITDA likely below consensus: analyst
(China) -- Union Gaming Research LLC is forecasting casino operator MGM China Holdings Ltd to post earnings before interest, taxation, depreciation and amortisation (...

7/16/2014

article MGM connects veterans with potential employers
(Las Vegas) -- MGM Resorts is looking for a few good men and women. The gaming giant hosted a job fair for military veterans to help veterans connect with potential...

7/8/2014

article MGM Resorts job fair to serve military veterans
(Las Vegas) -- Military veterans have a new enlistment opportunity ahead as MGM Resorts prepares to host a job fair this month.

7/7/2014

article MGM Resorts may borrow on credit line when building new casinos
(Maryland) -- MGM Resorts International may use a revolving credit line to supplement cash spending for building casinos in Maryland and Massachusetts, according to...

7/2/2014

article MGM Resorts sets plans for 40-acre recreation park hosting Rock in Rio and more
(Las Vegas) -- Except for potential parking problems, it should be a smooth zoning-approval process now that MGM Resorts International has set out its plans for the 40-...

6/21/2014

article Flawed Harmon hotel tower on Las Vegas Strip being dismantled; process expected to take 1 year
(Las Vegas) -- Crews have started dismantling the structurally flawed Harmon casino tower on the Las Vegas Strip, a process that's been delayed for years as the...
article MGM begins dismantling of structurally flawed Harmon hotel tower on Las Vegas Strip
(Las Vegas) -- Crews have started dismantling the structurally flawed Harmon hotel tower on the Las Vegas Strip, a process that's been delayed for years as the owner...

6/11/2014

article OSHA investigating employee's death at MGM Grand in Las Vegas
(Las Vegas) -- A federal investigation is underway into an accident that killed an employee at the MGM Grand hotel-casino on the Las Vegas Strip.

6/9/2014

article Gaming Commission to evaluate MGM’s project
(Massachusetts) -- The Massachusetts Gaming Commission will be in Springfield this week to potentially make MGM the first resort style casino company in the commonwealth.
article MGM nears final ruling on bid to become Massachusetts’ first licensed casino operator
(Massachusetts) -- MGM Resorts International is nearing a final ruling on its bid to become Massachusetts’ first licensed casino operator, with a proposed $800...

6/8/2014

article Nasal strip puts MGM Grand in winner’s circle
(Las Vegas) -- California Chrome’s Triple Crown bid took it on the nose Saturday but an MGM Grand marketing move paid off nicely. During a recent breakfast in San...

5/31/2014

article Inside Gaming: U.S. Gaming Revenue Up, MGM Sitting Tight, and John Daly’s Degeneracy
(USA) -- A recent study by the accounting and professional consulting firm RubinBrown LLP reports commercial and tribal casinos in the United States generated $66.3...
article INSIDE GAMING: MGM Resorts Takes Cautious Approach to Actual Real Money Internet Gaming
(Las Vegas) -- MGM Resorts International supports the legalization of online wagering in the U.S. The casino giant holds an interactive gaming license in Nevada.
article Insider Selling: MGM Resorts International EVP Unloads 5,687 Shares of Stock (MGM)
(Wall Street) -- MGM Resorts International logoMGM Resorts International (NYSE:MGM) EVP Christopher W. Nordling unloaded 5,687 shares of MGM Resorts International stock...

5/29/2014

article MGM Resorts Appoints New Compliance Committee Member
(Las Vegas) -- MGM Resorts International, a global hospitality company, has appointed Thomas Auriemma to its compliance committee, which is composed entirely of...

5/27/2014

article MGM Resorts takes cautious approach to actual real money Internet gaming
(Las Vegas) -- MGM Resorts International supports the legalization of online wagering in the U.S. The casino giant holds an interactive gaming license in Nevada.

5/22/2014

article Macau Remains The Key For MGM's Casino Operations, The Strip Is All About Hotels
(Macau) -- MGM Resorts in the first quarter posted its best quarterly performance since 2008. Net revenues increased by 12% to $2.63 billion and EBITDA (earnings before...

5/21/2014

article Macau Remains The Key For MGM’s Casino Operations, The Strip Is All About Hotels
(Macau) -- MGM Resorts in the first quarter posted its best quarterly performance since 2008. Net revenues increased by 12% to $2.63 billion and EBITDA (earnings before...

5/9/2014

article Plans move ahead for National Harbor’s MGM casino
(Maryland) -- After reviewing design plans for a planned MGM casino and hearing testimony from supporters and opponents of the project during a hearing Thursday in Upper...

5/8/2014

article MGM’s Vegas project not just any old walk in The Park
(Las Vegas) -- Days before it breaks ground on a new, $350-million arena just off the Las Vegas Strip, MGM Resorts International has announced plans for a tree-lined...
article MGM looking to Seaport District for a hotel
(Massachusetts) -- The ambitions of MGM Resorts in Massachusetts go beyond the company’s proposed $800 million Springfield casino. The casino giant is also...

5/5/2014

article MGM’s Park and the Future of the Strip
(Las Vegas) -- Jim Murren is playing the long game on the Strip. “We have a very strong feeling of what Las Vegas is going to look like five to 10 years from now,...
article 24 people injured in stampede at MGM after Mayweather win
(Las Vegas) -- Twenty-four people were transported to the hospital from MGM after being trampled in a crowd of panic after a loud noise occurred Saturday night.

5/4/2014

article 24 people injured in stampede at MGM after Mayweather win
(Las Vegas) -- Twenty-four people were transported to the hospital from MGM after being trampled in a crowd of panic after a loud noise occurred Saturday night.
article A Stampede at the MGM Grand
(Las Vegas) -- Soon after the Floyd Mayweather victory over the Marcos Maidana Saturday night, people started to spill out of the MGM Grand Garden Arena -- all ten...
article Loud noise probably sparked MGM stampede that injures 60
(Las Vegas) -- Sixty people were treated for injuries Saturday night in a stampede in a hallway just outside the MGM Grand Garden. The mass casualty situation happened...
article MGM Grand Shooting? Fight, ‘Riot’, and Gunfire Reported at Garden Arena and Casino After Floyd Mayweather-Marcos Maidana Fight
(Las Vegas) -- Reports on Saturday night said there was a “riot” and shots were fired at the MGM Grand Garden Arena in Las Vegas after the Floyd Mayweather-...

5/3/2014

article MGM Resorts, AEG break ground on 20K-seat arena on Las Vegas Strip
(Las Vegas) -- Officials have broken ground on a 20,000-seat arena along the Las Vegas Strip that's expected to improve the city's chances of attracting...

5/2/2014

article MGM Resorts arena will be a rockin’ venue in every which way
(Las Vegas) -- Combat or festival? This is one of the overarching questions for the new MGM Resorts arena as the groundbreaking of the 20,000-seat facility was...

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