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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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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...
article MGM Resorts unveils plans for The Park, forms joint venture with Hakkasan Group
(Las Vegas) -- MGM Resorts International has unveiled expanded plans and the first look at programming for The Park, a dynamic open-air, dining and entertainment...

5/1/2014

article MGM’s new arena won’t stop Goodman from pursuing facility downtown
(Las Vegas) -- As ground is broken today on a privately funded arena on the Strip, Las Vegas Mayor Carolyn Goodman remains adamant that a downtown stadium will be built...
article MGM details $80 million rebranding of The Hotel to Delano Las Vegas
(Las Vegas) -- MGM Resorts International released details Wednesday about the $80 million transformation of the The Hotel into the Delano Las Vegas, which includes...
article Reservations open at reinvented Delano hotel at Mandalay Bay
(Las Vegas) -- MGM Resorts says it's now accepting reservations at Delano Las Vegas, the reinvented hotel formerly known as THEhotel at the Mandalay Bay.

4/29/2014

article Q+A: MGM Resorts chief talks more parks on the Strip, pro sports team for new arena
(Las Vegas) -- Fast on the heels of MGM Chairman and CEO Jim Murren’s revelations Monday morning about the new Park and arena expanding behind New York-New York...
article MGM China Profit Misses Estimates as High Rollers Bet Less
(New York) -- MGM China Holdings Ltd. (2282), the Macau casino operator, reported first-quarter profit that missed analyst estimates as high-rolling gamblers spent less...
article MGM Resorts 1Q profit leaps on Macau strength
(New York) -- MGM Resorts International's first-quarter net income soared, bolstered by continued strength in Macau and improved room bookings on the Las Vegas Strip.
article MGM Resorts posts best quarterly operating performance since 2008
(Wall Street) -- MGM Resorts International on Tuesday reported its best quarterly operating performance in six years. Now, the casino company, whose Strip holdings...
article MGM Resorts Profit Surges on Revenue Growth, Continued Macau Strength
(New York) -- MGM Resorts International said its first-quarter profit surged on continued strength from its Macau operations, as well as lower expenses and more...
article MGM Resorts Shares Soar On Huge Income Growth
(New York) -- Stocks were rising across the casino industry Tuesday, making up prior day losses after a number of analysts lowered April daily revenue estimates for...
article MGM Resorts’ profits, revenues rise, aided by Macau casino
(New York) -- Boosted by results from its Macau casino, MGM Resorts International substantially grew its first quarter profits and revenues.

4/28/2014

article MGM aims to make a bit of the Strip a more interesting place to walk and play
(Las Vegas) -- MGM Resorts International today will unveil detailed plans for an eight-acre outdoor destination on the Strip that will connect the New York-New York and...
article MGM announces restaurant lineup, details for Strip plaza
(Las Vegas) -- MGM Resorts International today unveiled expanded plans for The Park, a project that will transform the Strip-facing fronts of New York-New York and Monte...

4/21/2014

article MGM Resorts, Cirque to build 33-acre, open-air venue to host Rock in Rio in Las Vegas
(Las Vegas) -- Rock in Rio, one of the world’s largest music festivals, is set for Las Vegas in May 2015 and is a partnership among MGM Resorts International,...

4/17/2014

article AEG-MGM arena project to break ground May 1
(Las Vegas) -- Entertainment powerhouse company AEG and MGM Resorts International — partners on a $350 million, 20,000-seat arena behind New York-New York on the...

4/14/2014

article MGM Resorts International Given Outperform Rating at Zacks (MGM)
(Wall Street) -- MGM Resorts International logoMGM Resorts International (NYSE:MGM)‘s stock had its “outperform” rating reiterated by Zacks in a report...
article MGM to Bring Tom's Urban, Shake Shack to Vegas - Analyst Blog
(Wall Street) -- As a part of the post-recessionary strategy, Las Vegas casino resorts are aggressively marketing its new convention facilities to cater to the customers...

4/11/2014

article Boxing promoter Bob Arum: MGM disrespected my fighters
(Las Vegas) -- A day after throwing verbal roundhouse punches at the MGM Grand for having more signs advertising the Floyd Mayweather-Marcos Maidana fight on May 3rd...

3/25/2014

article STUTZ: Time helps change perspective of analysts on MGM Resorts
(Las Vegas) -- Earlier this month, MGM Resorts International Chairman and CEO Jim Murren participated in the annual J.P. Morgan Gaming, Lodging, Restaurant and Leisure...

3/23/2014

article STUTZ: Time helps change analysts’ perspective on MGM Resorts
(Las Vegas) -- Earlier this month, MGM Resorts International Chairman and CEO Jim Murren participated in the annual J.P. Morgan Gaming, Lodging, Restaurant and Leisure...

3/18/2014

article Thunder Valley sets marketing deal with MGM’s Las Vegas casinos
(California) -- Thunder Valley Casino announced a marketing alliance today with MGM Resorts International, giving rewards-card members benefits at famous MGM casinos in...

3/14/2014

article MGM, Pinnacle team up on marketing efforts
(Las Vegas) -- MGM Resorts International and Pinnacle Entertainment announced a partnership Thursday between the casino companies’ customer loyalty programs.

3/13/2014

article MGM Resorts International PT Raised to $34.50 (MGM)
(Las Vegas) -- MGM Resorts International logoMGM Resorts International (NYSE:MGM) had its price target upped by Citigroup Inc. from $32.00 to $34.50 in a research note...
article MGM Resorts International's M life and Pinnacle Entertainment Create Strategic Marketing Relationship to Expand Member Benefits
(Las Vegas) -- MGM Resorts International MGM -0.82% and Pinnacle Entertainment PNK -1.59% today announced a strategic marketing partnership for the companies'...

3/4/2014

article STUTZ: Big rewards in China create flexibility for MGM Resorts
(Las Vegas) -- MGM Resorts International is showing investors what a 51 percent ownership stake in its publicly traded Chinese subsidiary means financially to the casino...

3/3/2014

article MGM Resorts named top place for women to do business
(Las Vegas) -- MGM Resorts International has been named a top place for women to do business.

2/25/2014

article MGM envisions spending up to USD10b on Japanese casino
(Japan) -- MGM Resorts International, the largest casino operator on the Las Vegas Strip, said it’s ready to spend USD5 billion to $10 billion in Japan, a day...

2/23/2014

article MGM Is a Much Better Company Today, but Does It Outperform Peers?
(Las Vegas) -- The casino industry had a whirlwind 2013, and 2014 may be just as good if not better. One of the sector's biggest winners last year was MGM Resorts...

2/20/2014

article MGM Resorts chairman: 2013 ‘best operating performance since recession’
(Las Vegas) -- MGM Resorts International ended 2013 on an upbeat note. Chairman Jim Murren told investors Wednesday that 2014 is off to an equally good beginning. The...
article MGM Resorts’ Losses Shrink Over Macau Gambling Growth
(Macau) -- MGM Resorts recently reported its Q4 2013 earnings. The net revenues increased by 10% to $2.51 billion and EBITDA (earnings before interest, taxes,...

2/19/2014

article MGM China Beats Profit Estimates After Drawing More VIP Gamblers
(Macau) -- MGM China Holdings Ltd. (2282), the Macau casino operator, boosted fourth-quarter profit 35 percent, beating analyst estimates, as it drew more high-stakes...
article MGM Resorts Quarterly Loss Narrows as Betting Rises in Macau
(Wall Street) -- MGM Resorts International (MGM:US), the largest casino operator on the Las Vegas Strip, said its loss narrowed in the fourth quarter as results improved...
article MGM Resorts revenues up 9.5 percent in fourth quarter; net loss reduced
(Las Vegas) -- MGM Resorts International ended 2013 by reducing its quarterly net loss while reporting a 9.5 percent increase in revenues.

2/13/2014

article MGM adds 27 charging stations for electric cars
(Las Vegas) -- Casino giant MGM Resorts International wants you to be able to charge your electric car while you gamble. The company is installing 27 car charging...
article MGM Resorts arena will rely on adjacent properties for parking
(Las Vegas) -- MGM Resorts International, partnering with entertainment company AEG on a 19,500-seat arena project on the Strip, plans to use its existing hotel-casino...

2/11/2014

article MGM Resorts adding charging stations for electric vehicles
(Las Vegas) -- Drivers of electric vehicles will soon find 27 new charging stations at nine MGM Resorts International properties along the Las Vegas Strip.

2/10/2014

article MGM backs online gaming campaign
(Las Vegas) -- Gaming and hospitality company MGM Resorts has thrown its support behind a campaign against a federal online gambling ban in the US.

2/8/2014

article Gaming agents say they were blocked from observing game at Aria
(Las Vegas) -- The state Gaming Control Board today filed a complaint against MGM Resorts International for barring agents from one of its Las Vegas casinos.
article MGM faces fines for blocking gaming agent access
(Las Vegas) -- The Gaming Control Board filed a two-count complaint Friday against the Aria Hotel-Casino and MGM Resorts International for blocking two state gaming...

1/10/2014

article MGM 2014 Outlook Points to Overall Growth and Recovery
(Las Vegas) -- Looking for investment ideas for the new year? Consider MGM Resorts, is the word coming down from gaming analysts who are bullish on the gaming outfit.

1/6/2014

article It could be time to roll the dice on MGM
(Canada) -- Investors are doubling down on casino operator MGM Resorts International as part of a larger bet on a recovery in the global gambling market.

1/5/2014

article Inside Gaming: Sunny days may be ahead for MGM Resorts
(Las Vegas) -- In a recent research note, J.P. Morgan gaming analyst Joe Greff said MGM Resorts International offers “fresh ideas” for stock investors...

1/4/2014

article MGM Resorts hosting job fair to staff for summer pool season
(Las Vegas) -- MGM Resorts International is hosting a seasonal job fair next week to staff-up for the busy Las Vegas summer pool season. The company will fill some 700...

1/1/2014

article MGM shareholder suit dismissal upheld
(Nevada) -- The Nevada Supreme Court on Tuesday upheld the dismissal of shareholder complaints against several current and former officers and directors of MGM Resorts...

12/31/2013

article MGM Resorts becomes first company to file final casino application in Massachusetts
(Massachusetts) -- MGM Resorts International has become the first company to file a final resort casino application in Massachusetts.

12/25/2013

article ‘Half’ MGM Cotai floor for entertainment: CEO
(Macau) -- “In excess” of 50 percent of the floor space at MGM Cotai – a new casino resort being built in Macau by MGM China Holdings Ltd – would...

12/19/2013

article MGM suitability decision by Massachusetts gambling officials to be released as early as Friday
(Massachusetts) -- Massachusetts gambling regulators have voted on whether to find MGM Resorts International suitable to apply for a casino license in Springfield, but a...

12/1/2013

article Results of MGM Resorts International background investigation to be released by Massachusetts Gaming Commission
(Massachusetts) -- A plan for an MGM casino in Springfield will face a critical test next week when state gaming regulators are scheduled to unveil the results of a...

11/5/2013

article AEG, MGM Resorts International offer first look at arena on Las Vegas Strip
(Las Vegas) -- Arena partners AEG and MGM Resorts International unveiled renderings Monday of their $350 million, 20,000-seat venue on the Strip, showing exterior images...

11/4/2013

article MGM Faces Biggest Tab After Massachusetts’ Multimillion Dollar Background Checks [sub req'd]
(Massachusetts) -- Massachusetts’ gambling watchdog has shelled out more than $10m investigating the backgrounds of casino developers competing for a chance to...

11/3/2013

article MGM Resorts’ Jim Murren on online poker, social media, competition and the Red Sox
(Las Vegas) -- MGM Resorts International Chairman and CEO Jim Murren was in a pretty good mood Thursday, even after his company reported a $31.9 million third-quarter...

11/2/2013

article MGM Resorts 3rd-quarter loss narrows
(Las Vegas) -- MGM Resorts says its third-quarter loss narrowed as gambling revenue improved and it paid less interest on debt. For the period ended Sept. 30, MGM...

10/31/2013

article MGM China Profit Misses Estimates on Rising Competition
(Wall Street) -- MGM China Holdings Ltd. (2282), a Macau casino operator, reported third-quarter profit that missed analyst estimates as rising competition drew some...
article MGM Resorts Posts Narrower Loss as Macau Spurs Revenue Growth
(Wall Street) -- MGM Resorts International (MGM) posted third-quarter results that beat analysts’ estimates as gambling in the Chinese enclave of Macau continued...
article MGM Resorts loses $31.9 million in 3rd quarter
(Las Vegas) -- Las Vegas-based MGM Resorts International, operator of the MGM Grand, Bellagio, Monte Carlo, New York-New York, Mandalay Bay, Luxor, Excalibur, Mirage,...

10/8/2013

article MGM Resorts CEO Sees Las Vegas Bookings Rising in 2014
(Las Vegas) -- Las Vegas convention bookings will rebound to peak 2007 levels in the first quarter of next year, as audience attendance increases, MGM Resorts...

9/30/2013

article CityCenter Said to Seek $1.78 Billion in Loans for Refinancing
(Wall Street) -- CityCenter Holdings LLC is seeking $1.78 billion in loans to refinance debt, according to a person with knowledge of the transaction.

9/27/2013

article MGM Resorts No Longer Pursuing Sale of Las Vegas Mall
(Las Vegas) -- MGM Resorts International (MGM:US) is no longer pursuing a sale of the Crystals mall at its CityCenter resort in Las Vegas, Chief Financial Officer Dan D...

9/23/2013

article BLOG: MGM Resorts develops a Lot of potential for outdoor shows
(Las Vegas) -- About noon Saturday, I spotted Rehan Choundhry at the 2013 iHeartRadio Music Festival’s outdoor-performance venue the Village. His gaze was fixed on...

9/19/2013

article Bloomberg: MGM 'positive' it will get National Harbor deal
(Maryland) -- MGM Resorts International says it is confident it will win a license to operate a casino at National Harbor, as well as a gaming license in Massachusetts,...

9/16/2013

article MGM: Renovation of The Hotel at Mandalay Bay being delayed
(Las Vegas) -- MGM Resorts International has announced that the renovation of The Hotel at Mandalay Bay into the Delano Las Vegas has been pushed back several months...

9/5/2013

article MGM Resorts ordered to pay damages of $325,000, reinstate whistle-blower
(Las Vegas) -- MGM Resorts International was ordered Thursday to pay damages of $325,000 by the U.S. Department of Labor’s Occupational Safety and Health...
article MGM Resorts Ordered To Rehire Whistleblower
(Las Vegas) -- The Occupational Safety and Health Administration is ordering MGM Resorts International to rehire a whistleblower and pay $325,000 in restitution.

9/2/2013

article New medspa at MGM Grand offers intravenous relief
(Las Vegas) -- Local Tom Kinzer opted for a liquid lunch during a recent shift at MGM Grand. Even though it started off with the prick of a needle, it ended up being one...

8/22/2013

article MGM Grand Detroit Casino Gets Renovation
(Detroit) -- One of the biggest casino firms in the world is getting serious about sustainability. MGM Grand Detroit announced that it has completed the LED lamp...

8/21/2013

article MGM Resorts trending as bulls hope for upside breakout
(Wall Street) -- It’s been a rough August for equities overall, but casino and hotel operator MGM Resorts International MGM is attracting attention on social media...

8/11/2013

article STUTZ: Rant by Adelson surprises Murren
(Las Vegas) -- Having navigated MGM Resorts International through almost four years of turbulent economic waters, Jim Murren has grown used to hearing negative comments...
article MGM’s Legal Past Hangs Over Casino Projects
(Las Vegas) -- Old legal problems for a former MGM Resorts International director are hanging over the casino giant’s business as the company seeks licenses to...

8/10/2013

article MGM Eying Japan And South Korea If Gambling Markets Open Up
(Las Vegas) -- MGM Resorts International is in the midst of crucial projects in the United States and Macau, but it’s also reportedly keeping close tabs on any...

8/9/2013

article Sterne Agee Reiterates $21.00 Price Target for MGM Resorts International (MGM)
(Wall Street) -- MGM Resorts International logoSterne Agee set a $21.00 target price on shares of MGM Resorts International (NYSE:MGM) stock in a research note issued on...

8/6/2013

article Despite higher revenue on the Strip and abroad, MGM Resorts posts a second-quarter loss
(Las Vegas) -- MGM Resorts International, the largest casino company on the Strip, reported its second-quarter earnings today. MGM Resorts owns the MGM Grand, Bellagio,...

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