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One Ohio Woman Sees Holocaust Reminder in MGM Security Uniform Six-Pointed Star
MGM Resorts International announced Wednesday afternoon that it would change its security personnel uniform after a Jewish Ohio woman complained that the insignia used resembled a Nazi symbol used during the Holocaust...
Promising Russian Boxer Dadashev Dies Tuesday from Injuries Sustained in Friday Bout at MGM National Harbor
Boxer Maxim Dadashev died Tuesday from injuries sustained during a fight Friday at a Maryland casino. He was 28. Top Rank Boxing, the Russian fighter’s promoter, confirmed he passed away Tuesday morning....
MGM Could Fetch up to $7 Billion in Sales of Bellagio, MGM Grand, Use Cash to Reduce Debt, Buyback Stock
MGM Resorts International (NYSE:MGM) could command $6 billion to $7 billion, before taxes, if it sells the Bellagio and MGM Grand on the Las Vegas Strip, according to Macquarie analyst Chad Beynon....
MGM Mulling Real Estate Sale of High-End Las Vegas Strip Properties, Including Bellagio, MGM Grand
MGM Resorts International (NYSE:MGM) is reportedly in discussions to sell but retain operating rights to some of its glitzier Las Vegas Strip properties, including the Bellagio. If commenced, the transactions would be...
MGM Resorts Stock Dinged by Morgan Stanley Downgrade, Price Target Cut Ahead of Second-Quarter Earnings Report
Shares of MGM Resorts International (NYSE:MGM) were slightly lower in midday trading Thursday after Morgan Stanley downgraded the stock and lowered its price target on the casino operator. In a note out...
June Gloom For MGM Springfield as Gaming Revenue Slumps 10.5 Percent From May, Second-Worst Month Since Opening
MGM Springfield struggled to jumpstart gross gaming revenue (GGR) in June, notching its second-worst month by that metric since opening in August 2018. The casino, which has been struggling to meet revenue...
Epoch Investment Partners CEO Priest Bullish on MGM Resorts, Sees Ongoing US, China Growth
William Priest, CEO and chief investment officer (CIO) of Epoch Investment Partners, is bullish on shares of MGM Resorts International (NYSE:MGM), citing a variety of factors, including continued revenue growth in the...
MGM Hoping to Land Full New York Casino License for Empire City by 2021 Instead of 2023
Officials at the Empire City Casino in Yonkers, N.Y., a property run by MGM Resorts International, are hoping state regulators will grant a license to allow the venue to become a traditional...
MGM Resorts Considering Higher Resort Fees, Marriott Faces Lawsuit Over Price Deception
MGM Resorts is rumored to be considering increasing its resort fees at three Las Vegas casinos. It comes as Marriott International faces a lawsuit in the District of Columbia over alleged deceptive...
MGM Growth Properties Luring Professional Investors With Rising Rents, Higher Dividends
MGM Growth Properties LLC (NYSE:MGP), a gaming and leisure real estate investment trust (REIT), is becoming a favorite of professional investors, including hedge funds. The company owns 13 integrated resorts across the...