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MGM Resorts CEO Celebrates US Ending COVID-19 Testing for International Travelers
MGM Resorts Chief Executive Officer Bill Hornbuckle wasted no time in applauding the Biden administration's decision to lift its COVID-19 testing requirement for international travelers. The Centers for Disease Control and Prevention...
MGM Selling Gold Strike Operating Rights to Tribal Buyer for $450 Million
MGM Resorts International (NYSE:MGM) is selling the operating rights to Gold Strike Hotel & Casino in Tunica, Miss. The buyer will be Cherokee Nation Entertainment Gaming Holdings, LLC for $450 million in...
MGM Resorts Data Hack: Customer Info Stolen in 2019 Posted on Telegram
An 8GB database containing the personal data of around 30 million MGM Resorts guests has been publicly shared on social messaging channel Telegram. The data dump was discovered by vpnMentor Research Team,...
MGM Investor Barry Diller Gets Limited License from Nevada Gaming
The Nevada Gaming Commission (NGC) has granted a limited license to Barry Diller, the media mogul whose IAC/InterActiveCorp (NASDAQ:IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM). That's following an inquiry...
MGM Springfield Concerns Spur City to Extend Pawn Shop Ban
Springfield, Mass. City Council has voted unanimously to extend a ban on new pawn shops and second-hand jewelry dealers in the area, WAMC Northeast Public Radio reports. The council implemented the ban...
MGM, Penn Among Contributors to Casino Stock Buyback Bonanza
Led by MGM Resorts International (NYSE:MGM) and Penn National Gaming (NASDAQ:PENN), among others, casino stocks are prime territory for share repurchase programs. Gaming industry shareholder rewards, including buybacks and dividends, were halted...
MGM Cotai Double-Murder Suspect Arrested in Mainland China
A man suspected of strangling to death two women in a hotel room at the MGM Cotai in Macau May 5 has been arrested in China’s Hunan province. The 34-year-old suspect, named...
BetMGM Expands Gift Card Distribution to Grocery, Hardware Stores
BetMGM and its gift card partner TAPPP are unveiling a massive expansion of that progam's gift card distribution network. On Tuesday, the companies said the number of retail stores carrying BetMGM gift...
Cosmopolitan Las Vegas Now MGM Venue as Buyer Rapidly Completes Purchase
The Cosmopolitan Las Vegas is officially part of the MGM Resorts International (NYSE:MGM) portfolio of integrated resorts, as the gaming company closed its acquisition of the Strip venue today. MGM announced last...
Melvin Capital Reveals Stake in MGM Resorts
Gabe Plotkin’s Melvin Capital Management -- one of the hedge funds burned by the early 2021 rally in shares of GameStop (NYSE:GME) -- is trying a different type of gaming equity. The...