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Business
November 29, 2023
MGM Resorts May Consider Bid for BetMGM, Suggests Report
Last week, the owner of Ladbrokes and Coral, Entain, saw growing pressure from US activist hedge funds, Sachem Head Capital Management and Dendur Capital, showing concerns about the company’s leadership under CEO Jette Nygaard-Andersen and its share price. The two additional US activist hedge funds joined Eminence Capital as an expanding number of investors who […]
Business
November 27, 2023
MGM Resorts Appears on Military Times’ Best for Vets List
Global gambling and hospitality giant MGM Resorts International has once again been recognized, this time by the Military Times, a news outlet focused on the veteran community. The largest operator on the Las Vegas Strip has successfully made it into Military Times’ Best for Vets 2023 Employers list, making it one of the only two […]
Poker
November 15, 2023
MGM Resorts Publishes Borgata Winter Poker Open Schedule
MGM Resorts’ Borgata Hotel Casino & Spa in Atlantic City, New Jersey, has teamed up with BetMGM Poker to host the Borgata Winter Poker Open. The spectacular event will feature a total guarantee of $10 million and will be an important addition to the 2024 poker calendar. The Borgata Winter Poker Open will run from […]
Industry
November 14, 2023
Man Pleads Guilty to Damaging Solar Facility Powering MGM Resorts
A 35-year-old man who drove his car through the fence of a solar facility that provides energy to MGM Resorts properties in Las Vegas pleaded guilty under the stipulation that he is mentally ill, a new report suggests. The person, a dentist from Colorado, identified with the initials M.M., drove through the fence of the […]
Business
November 9, 2023
MGM Reports Strong Q3 Results despite September Cyberattack
The global gaming and entertainment company, MGM Resorts International, released its latest unaudited financial report, revealing details regarding its performance for the third quarter of 2023. The new report covers the three-month period ending September 30, 2023, revealing strong growth of consolidated net revenues. Overall, MGM Resorts posted consolidated net revenues of $4 billion. This […]
Casino
November 3, 2023
Dubai Delays Casino Resort Approvals in Potential Setback for MGM
Dubai, the most ostentatious of the seven emirates in the United Arab Emirates (UAE), has postponed the approval of casino resorts, potentially dealing a temporary blow to MGM Resorts International’s regional ambitions. In collaboration with Wasl Hospitality and Leisure, MGM opened a branded hotel in Dubai in 2021 and has been closely monitoring the possibility […]
Business
October 31, 2023
MGM and Marriot Deal Delayed, Likely Due to Cyberattack
Back in July, MGM Resorts International, the leading gaming, hospitality and entertainment giant, announced a new collaboration with hospitality giant, Marriott International. At the time, the duo confirmed the licensing and development of the MGM Collection with Marriott Bonvoy which was expected to come into effect this month. However, the collaboration was postponed to next […]
Poker
October 30, 2023
Borgata Confirms November 14 Start of Poker Fall Mini-Series
After it was temporarily impacted by the unprecedented cyberattack against MGM Resorts, the Borgata Poker Mini-Series were rescheduled to November. The cyberattack against the leading gaming and entertainment company impacted its retail operations, including the ones at Borgata Atlantic City. Moreover, the hackers’ attack impacted the BetMGM rewards website. Despite the cyberattack, Borgata has announced […]
Casino
October 27, 2023
MGM’s Bellagio Fountain Club to Offer Premium Experiences during F1 Las Vegas
MGM Resorts International has teased more details about the experience Bellagio Fountain Club will offer during the F1 Heineken Silver Las Vegas Grand Prix. The club is set to take “center stage” during the highly anticipated race and will host a Winner’s Stage event. Set to take place from November 16 to 18, the Formula […]
Legal
October 27, 2023
MGM Springfield Pays $6.8M Settlement over Wage and Hour Violations
MGM Springfield has agreed to pay $6.8 million to the Massachusetts Attorney General’s Office (AGO) to settle recently discovered violations. As it turns out, the casino resort has been violating the state’s wage and hour laws for a long time. The AGO learned that MGM Springfield failed to pay minimum wage to tipped employees. In […]
