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Sports
March 11, 2025
MGM Board Member Barry Diller Backs Andrew Cuomo for New York City Mayor
Media tycoon and MGM Resorts International board member Barry Diller has shown his support for former New York Governor Andrew Cuomo in the upcoming New York City mayoral election. Diller’s endorsement stems from his gratitude for Cuomo’s help to develop Little Island, a public park project on the Hudson River. Diller and his wife, fashion […]
Business
March 10, 2025
MGM Resorts Executive to Retire After Three-Decade Career
A longtime executive at MGM Resorts International is set to retire next month after more than three decades with the company. Ann Hoff, who serves as president and chief operating officer of Bellagio and Park MGM, will step down from her role on April 25, according to internal communications from the company. MGM Resorts Honors […]
Legal
March 3, 2025
MGM and FTC Close to Settling Dispute Over 2023 Cyberattack Probe
The Federal Trade Commission (FTC) and MGM Resorts International are on the verge of settling a disagreement about the big cyberattack that hit the company in September 2023. The attack cost about $100 million in damages and messed up MGM’s resort operations for more than a week. The FTC had been looking into this incident. […]
Business
February 28, 2025
MGM Resorts & BetMGM Renew Safer Gambling Partnerships in Preparation for PGAM
MGM Resorts International and the BetMGM brand announced the expansion of several “groundbreaking collaborations” focused on gambling harm research and prevention. The announcement comes ahead of National Problem Gambling Awareness Month. Problem Gambling Awareness Month is a time when industry stakeholders join forces to promote safer play, discourage unhealthy gambling habits, and spread awareness of […]
Business
February 28, 2025
BetMGM to Assume Control of MGM’s Sin City Sportsbooks
The Nevada Gaming Commission has allowed up-and-coming betting brand BetMGM to run MGM Resorts’ sports wagering operations in Las Vegas. This marks a significant development for the brand, which continues its growth journey. BetMGM to Take Over MGM Resorts’ Betting Operations CDC Gaming, which broke the news on this story, said that BetMGM, which was […]
Business
February 26, 2025
MGM China Reportedly Looking to Borrow $2B
MGM China, the China-facing division of gaming & hospitality giant MGM Resorts, is reportedly looking to borrow $2 billion to expand its properties in Macau and refinance its outstanding debt. A Loan Makes Sense Considering MGM China’s Strong Position According to a report by Bloomberg, people familiar with the matter reported that MGM China is […]
Business
February 25, 2025
US Travel Association Names MGM CEO Hornbuckle National Chair
The US Travel Association has reinforced its board of directors with a major new addition. The new appointee is William “Bill” Hornbuckle, the president and chief executive officer of gaming and hospitality giant MGM Resorts International, who will serve as the association’s new national chair. Casino CEO Was Named National Chair Hornbuckle’s new position was […]
Business
February 13, 2025
MGM Resorts Posts Strong 2024 Report Despite Mixed Q4
Gaming giant MGM Resorts has posted its results for 2024, reporting an all-time high net revenue, underpinned by the steady growth of MGM China. The BetMGM digital business, on the other hand, is nearing profitability. The Q4 Report Was Mixed The fourth quarter of the year saw MGM Resorts report consolidated net revenues of $4.3 […]
Industry
February 13, 2025
MGM Advances Plans to Control Las Vegas Sportsbooks
The leading gaming and hospitality operator with a strong presence on the Las Vegas Strip, MGM Resorts Internation, made a major step toward managing BetMGM, the joint venture it owns in collaboration with Entain. The process continues to gain traction, after a recent hearing with the Nevada Gaming Control Board (NGCB). MGM Resorts Will Leverage […]
Industry
January 29, 2025
Bruno Mars Jokingly Addresses $50M Gambling Debt Rumor in IG Post
Bruno Mars recently addressed the long-standing rumor regarding his alleged $50 million gambling debt in a playful manner using an Instagram post meant to celebrate his fresh Spotify success. “KEEP STREAMING. I’ll Be Out of Debt in No Time” The 39-year-old Grammy-winning artist shared a post highlighting his achievement as the first artist to reach […]
