Business
December 20, 2023
Entain May Sell BetMGM Stake or Consider MGM Merger, Analyst
Earlier this month, the global gaming giant, Entain, announced the departure of its CEO, Jette Nygaard-Andersen. The unexpected move resulted in the appointment of the company’s non-executive director, Stella David, as interim CEO, until the hire of a permanent replacement for the senior-level role. Now, a new report released by Seeking Alpha, citing an expert […]
Legal
December 20, 2023
FBI Claps Back at MGM Cyber Criminals with Decryption Tool
According to the Justice Department, a coalition of law enforcement agencies in Europe and the United States has been able to foil the plans of the hacker organization which launched a series of attacks on the hospitality and gaming sector in the USA, and notably targeted gaming and hospitality company MGM. Hackers Mount Debilitating Attacks […]
Casino
December 6, 2023
Osaka Integrated Resort Project Begins Construction
Japan’s first casino is finally becoming a reality. A few months after the Japanese government greenlit a revised implementation agreement for Osaka’s integrated resort project, construction of the property has finally begun. The property is a joint venture of the international casino juggernaut MGM Resorts International and Orix Corporation. The formal agreement was signed in […]
Casino
December 4, 2023
Historic Labor Agreement Ends 47-Day Strike at MGM Grand Detroit Casino
After a grueling 47-day standoff, the Detroit Casino Council announced the ratification of a groundbreaking labor agreement with MGM Grand Detroit, effectively bringing an end to the strike that commenced on October 17. The agreement, hailed as historic, follows similar resolutions with Hollywood Casino at Greektown and MotorCity Casino, solidifying a united front for the […]
Business
December 1, 2023
MGM Resorts Confirms Changes to Senior Leadership
The leading gaming, hospitality and entertainment company, MGM Resorts International, has announced multiple changes to its senior leadership team. The company confirmed that some of the appointments are with immediate effect while others are expected throughout 2024. Corey Sanders, MGM’s chief operating officer, confirmed that Rick Limardo was promoted to the role of SVP of […]
Industry
November 30, 2023
Striking MGM Grand Casino Employees Continue Negotiations
Last month, unionized casino workers at Detroit’s three casinos, MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown, launched a strike. The move came at a time when the workers asked for better working conditions, including pay raises, job security and workload reduction. The strike saw 3,700 casino workers, including dealers, housekeepers and other […]
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 […]
