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MGM Resorts Reassigns Top Managers as Company Awaits Word on COVID Restrictions
MGM Resorts International once again has reshuffled its top management in the midst of the coronavirus pandemic. The move comes as Nevada's casino operators face an uncertain future, given that additional COVID-19...
BetMGM Launches iGaming in Pennsylvania, Online Sports Betting Likely ‘In Coming Weeks’
Pennsylvania iGaming debuted a new player to the market on Friday. BetMGM announced it began offering its online casino app in the state. BetMGM enters the Keystone State without a tie to...
MGM Hauls In $700 Million Following Second Redemption of MGP Units
MGM Resorts International (NYSE:MGM) raised $700 million in the second sale of units in gaming real estate investment trust (REIT) MGM Growth Properties (NYSE:MGP). The Mandalay Bay operator made the announcement after...
Former MGM Resorts CEO Jim Murren Named to Cirque du Soleil Board After Company Sold
Cirque du Soleil is no longer in bankruptcy after creditors moved to take ownership of the Canada-headquartered circus operator. And with the takeover comes two new board members, one being former MGM...
Victim Hospitalized in Las Vegas After Shooting Outside of MGM Grand
An unnamed man shot during a Friday night fight in front of the MGM Grand Las Vegas required hospital treatment this weekend for his wounds, Las Vegas Metro police reported on Monday....
Shooting Outside of MGM Grand Leads to Injuries as Crime Persists on Las Vegas Strip
Las Vegas Strip violent crime continued this weekend, with one person getting wounded outside of the MGM Grand Friday night. Based on initial Las Vegas Metro police reports, the shooting took place...
MGM China Insider Sean Ma Buys $16.5 Million Worth of Stock
Sean Ma's Snow Lake Capital Ltd., a Hong Kong-based asset manager, recently upped its stake in MGM China Holdings (OTC:MCHVF). In transactions on Sept. 17 and Oct. 30, the investment firm bought...
MGM, Sands, Wynn Among Leaders as Biden Win, Vaccine News Jolt Casino Stocks
Shares of casino operators are soaring early Monday. The market was buoyed by two sets of positive headlines, as investors digest news that Democratic nominee Joe Biden is now the president-elect, and...
Aria Las Vegas Fined $12K for Breaching Social Distancing Rules, MGM Vows to Appeal
Las Vegas Strip resort Aria has been fined $12,617 for violating Nevada's coronavirus restrictions, the state Occupational Safety and Health Administration (OSHA) said Monday. OSHA said it launched an investigation into the...
Park MGM’s Hotel Joins Other Las Vegas Resorts in Closing Midweek, Cites Low Demand
Park MGM’s hotel on the Las Vegas Strip is closing during the middle of the week as tourism in Southern Nevada continues to slump. Park MGM’s temporary midweek hotel closure is the...