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Industry
May 21, 2025
MGM Resorts Advises Thailand to Adopt a Competitive Casino Tax and Allow Locals to Play
Global gaming giant MGM Resorts has watched the efforts to regulate casinos in Thailand from the front seats, hoping to capitalize on emerging opportunities in the country. As these efforts progressed, the company encouraged local authorities to adopt a competitive casino tax. Thailand Casinos Inch Closer to Reality Thailand recently warmed up toward the idea […]
Casino
May 13, 2025
MGM Resorts Brings in Ryan Abboushi as President of Entertainment
MGM Resorts International has announced the appointment of Ryan Abboushi, who joined the company on Monday, to become its president of entertainment. Abboushi is taking over one of the most ambitious and important divisions for the company’s operations. New Head of MGM Resorts’ Entertainment Seeks to Add Value He will oversee the programming and operations […]
Business
May 9, 2025
MGM Re-Signs Contract with CEO Hornbuckle Until 2028
CEO and president Bill Hornbuckle has renewed his contract with MGM Resorts, meaning he will stay at the helm of the company for the next three years. MGM Resorts Announces Re-Signing of CEO The deal will see Hornbuckle extend his tenure in the position until the end of 2028. The previous agreement between the company and […]
Industry
May 8, 2025
MGM Says Thailand Will Become Top Gambling Destination
Ed Bowers, president of global development at MGM International, expressed that Thailand could soon emerge as Asia’s leading destination for integrated resort investments. Bowers Says Thailand Could Become Top Gambling Destination in Asia During his remarks at the G2E Asia Forum, Bowers noted that if the right legislative framework and infrastructure are put in place, […]
Industry
May 6, 2025
MGM China Unveils New RG Education Program for Employees
MGM China announced the launch of a new program that will expand its employees’ understanding of gambling harm. The company celebrated the launch with a special ceremony that featured many noteworthy guests. MGM China Unveils the MGM Responsible Gaming Employee Care Program According to MGM China’s announcement, the MGM Responsible Gaming Employee Care Program was […]
Business
May 2, 2025
MGM Resorts Increases Its Investment in MGM Osaka by 20%
MGM Resorts International announced that it has increased its projected investment in its integrated resort in Osaka, Japan, by 20%. The company remained unfazed by this decision, remaining very optimistic about the property’s potential performance. The Increased Investment Is Due to Updated Spend Estimates According to MGM’s announcement, which was made during its recent earnings […]
Casino
April 29, 2025
Appeals Court Says MGM Not at Fault in Gambler’s $24M Loss Case
A federal appeals court has decided that MGM Resorts cannot be held responsible for the huge gambling losses of a New Jersey man who said the casino giant exploited his addiction. Judges Say Gambling Addiction Does Not Create Legal Liability for Casinos Sam Antar, who calls himself a compulsive gambler and is related to the […]
Business
April 28, 2025
BetMGM Turns EBITDA-Positive as Q1 Report Shows Strength
Sports betting and online gaming giant BetMGM has reported its financials for the first quarter of the year, highlighting spectacular performance across both verticals. Most importantly, the brand posted EBITDA-positive results for the first time ever, heralding a new era for the business. The growth of the company, which is jointly owned by Entain and […]
Industry
April 28, 2025
1st Black Labor Secretary and MGM Board Member Alexis Herman Passes Away
MGM Resorts International is mourning the loss of Alexis Herman, a longtime board member and former US Secretary of Labor, who passed away earlier this week at 77. Herman, a pioneer in government service and the private sector forged an impressive legacy across decades of leadership. Her community-facing initiatives helped improve millions of lives while […]
Industry
April 28, 2025
Macau May Cut Ties with US Concessionaires if US-China Relation Worsens
Fitch Ratings predicts possible headwinds for the three US-based Macau concessionaires due to the economic shifts. In an unlikely but possible worst-case scenario, Macau might decide to end its relationship with the three companies, Fitch experts suggested. Fitch Emphasized That the Worst-Case Scenario is Still Unlikely The three US-based Macau concessionaires include Las Vegas Sands, […]
