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Business
March 2, 2023
MGM Resorts Brings Ben Winston as Member of the Board of Directors
Ben Winston is now the 12th member of the board and he is also a founding partner of Fulwell 73, a production company, and a prominent name in the industry. Professionally, Winston is the youngest show producer of a late-night program in the United States. He worked on The Late Late Show with James Corden […]
Casino
March 1, 2023
MGM Resorts, BetMGM & Everi Launch Omnichannel Slot MGM Riches
Using their powerful synergy, the S&P 500 global gaming and entertainment company and the leading sports betting and iGaming operator have created a unique slot experience for US players. Called MGM Riches, the slot game will enable players to engage in both online gameplay using BetMGM‘s iCasino platform available in New Jersey, Pennsylvania, and Michigan, […]
Casino
March 1, 2023
MGM Resorts Runs the Most Profitable Property Outside of Las Vegas
One such company is MGM Resorts International which owns the MGM National Harbor in Oxon Hill, Maryland. The gross gaming revenue generated by the property in 2022 was enough to place it as the most profitable casino outside of Nevada. Regional Casinos Caught in an (Un)fair Race National Harbor, which services both Maryland and Washington, […]
Industry
February 24, 2023
BetMGM to Feature Responsible Gaming Messages in March
Sports betting and gaming operator BetMGM announced that its marketing and advertising campaigns will feature responsible gaming messages starting from March 1. Responsible Gaming Messaging The brand co-owned by MGM Resorts and Entain will align with the Problem Gambling Awareness Month initiative by introducing responsible gaming messages within its mobile app and across all advertising […]
Industry
February 24, 2023
MGC: MGM Springfield Accepts $1,200 in “Illegal Bets” on College Games
According to a meeting held on Thursday by the Massachusetts Gaming Commission (MGC), MGM Springfield had indeed accepted wagers incorrectly on two specific college games. The mistake happened after the property listed the university involved as an “out-of-state institution” which tricked its own systems and led to $1,200 in wagers placed on the outcome of […]
Industry
February 21, 2023
MGM – First Operator to Sign CEO Water Mandate
MGM Resorts has become the first gambling company to support the United Nations’ CEO Water Mandate. The latter initiative seeks to raise awareness of water crises and address the problem. The CEO Water Mandate was established in collaboration between the UN Secretary-General, the UN Global Compact and the Pacific Institute. It seeks to encourage companies […]
Business
February 16, 2023
MGM Resorts International Sells Gold Strike Tunica to CNE Gaming for $450M
The NYSE-listed Standard and Poor’s 500 international entertainment company has inked the transaction for $450 million in cash received from the Cherokee Nation Businesses’ subsidiary. The company with an impressive portfolio consisting of 31 global hotel and gaming destinations used Weil, Gotshal & Manges LLP as a legal counsel to complete the sale. MGM Resorts, Ready […]
Business
February 9, 2023
MGM Q4 2022 Results Reveal Record Quarter for Las Vegas Properties
MGM Resorts International saw a significant boost in its earnings for the year 2022 with a revenue of $13.1 billion, a surge of 36% from the previous year’s $9.7 billion. This figure encompasses the financial results of several properties, including the newly acquired Cosmopolitan in Las Vegas, and the full-year operations of Aria and Vdara. […]
Casino
February 8, 2023
MGM’s Empire City Casino New York Revamps Gaming Floor
On Tuesday, the company confirmed that more than 1,000 new state-of-the-art games were added to the gaming floor of the casino. Thanks to the newly revamped gaming floor, Empire City Casino can now deliver new and unique engaging experiences for its visitors. Bringing popular new hits, the location replaces nearly 20% of its slot and […]
Industry
January 27, 2023
MGM Resorts and NFLPA Ink Events and Hospitality Deal
As announced by the two companies, the deal will see them work on creating new activations featuring NFL stars and exciting fan experiences for NFL fans. MGM Resorts and the NFLPA Will Host Special Events Under the terms of the new multi-year partnership, the leading casino and hospitality company will work with the NFLPA on […]
