By Mike Johnson

Business

MGM Says Proposal for Merger with Entain on Table

January 5, 2021

After Entain’s confirmation, MGM Resorts International has now acknowledged publicly that it has indeed pitched a proposal for a merger with Entain, looking to consolidate the companies’ footprint globally and in the United States. MGM Confirms Proposal for Merger with Entain   MGM Resorts International has confirmed that it has made a proposal to merge […]

By Stoyan Todorov

Casino

MGM’s Mandalay Bay and Mirage to Remain Shut Monday-Thursday

November 21, 2020

MGM Resorts International is experimenting with operational times, cutting mid-week schedule for The Mirage and Mandalay Bay. Mandalay Bay and Mirage Shut-down during Mid-week The Las Vegas Strip is handling the covid-19 outbreak in a piecemeal way. On the one hand, you have Nevada Gov. Steve Sisolak who tested positive for the novel coronavirus and […]

By Julie Moraine

Business

MGM Growth Properties Offers Senior Unsecured Notes for $750M

November 18, 2020

MGM Growth Properties is looking to raise $750 million of senior unsecured notes, priced at 3.875% and due 2029 at par, the real estate trust announced Tuesday. The offering which was upsized by $250 million from the initial $500 million, is expected to close November 19, subject to customary closing conditions. MGM Resorts’ Redemption Right […]

By Mathilde Adam

Casino

Detroit Casinos Report $101.4 Million Revenue in October, 18.9% Drop Year-on-Year

November 11, 2020

Aggregated revenue from Detroit’s three casinos totaled $101.4 million while operating at 15% since reopening this summer. October Results Better Than September Detroit’s three casinos reported $101.4 million in revenue in October. Compared with September’s results, revenue increased by 6.7%. Casinos still operate at 15% capacity to limit the spread of Covid-19. Slot machines and […]

By Fiona Simmons

Casino

MGC Allows Commercial Casinos to Reintroduce Roulette Tables

October 9, 2020

MGM Springfield and Encore Boston Harbor have been allowed to reintroduce roulette gaming as the Massachusetts Gaming Commission (MGC) approved the health and safety measures related to roulette gambling and reversed its July and August decisions. Allow State Roulettes or Risk Player Outflow During its meeting Thursday the MGC decided to finally allow the two […]

By Jerome García

Business

Former MGM CEO Mulls New Gaming & Entertainment Projects

September 11, 2020

Former MGM Resorts International CEO Jim Murren is pursuing potential deals in online gaming, live events and other entertainment-related businesses, according to a Bloomberg report. Murren, who led the casino company for more than a decade before stepping down in March teamed up with Edward King and Daniel Fetters, both Morgan Stanley veterans, in search […]

By Jerome García

Casino

MGM Announces Accommodations for Its Working Employees

August 24, 2020

MGM Resorts International announced Friday what accommodations it will provide for its working employees. The announcement came just before the start of the new school year in Clark County, Nevada, where students return to studying through distance learning. The Las Vegas-based casino and hospitality operator informed its working parents will be offered with discounted rates […]

By Julie Moraine

Casino

MGM Announces National Harbor and Borgata Re-Open Dates

June 23, 2020

MGM Resorts International continues with its step by step re-opening of its gaming properties across the states, as the casino operator announced today it will resume operations at MGM National Harbor in Maryland June 29, followed by the re-opening of Borgata Hotel Casino & Spa in Atlantic City a week later, July 6. MGM National […]

By Julie Moraine

Business

MGM Hotel Property Delano Las Vegas to Reopen July 1

June 20, 2020

MGM continues to reopen casino-free properties and Delano Las Vegas is next on the list with reopening planned for July 1. At the same time all of the company’s venues operate under enhanced health and safety protocols ensuring the wellbeing of employees and guests. Delano Las Vegas – MGM’s Hotel Property to Reopen on July […]

By Mike Johnson

Casino

MGM Resorts to Open More Properties, Excalibur on Thursday

June 10, 2020

MGM Resorts is taking the suspension of operations well and the restart even better. After opening three properties last week, and now resuming operations with the Excalibur, Aria, Mandalay Bay, Four Seasons Las Vegas, and others. More MGM Resorts Opening as Early as This Week in Las Vegas MGM Resorts will open more properties in […]