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Gambling News - 'Mgm'
Business
October 13, 2020
MGM Resorts Completes $750M Senior Notes Offering Due 2028
MGM Resorts International announced in an investor update today it successfully completed a previously announced issuance of senior notes to the amount of $750 million due 2028 and priced at 4.75% annually. The new debt issuance was initiated in April, amid the uncertainty regarding the ongoing health crisis which forced federal and state authorities to […]

Business
October 10, 2020
SEIA Recognizes MGM Resorts for Success in Clean Energy
The Solar Energy Industries Association has recognized MGM Resorts International for sustainability and clean energy in the latest Solar Means Business report. MGM Resorts International Receives Recognition for Clean Energy Commitment The future of the casino industry is greener, cleaner and sustainable. Or, so the latest Solar Means Business report compiled by the Solar Energy […]

Casino
October 9, 2020
MGC Allows Commercial Casinos to Reintroduce Roulette Tables
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 […]

Casino
September 15, 2020
Park MGM Reopens Smoke-Free on September 30
Park MGM and NoMad Hotel will reopen for visitors on September 30. MGM Resorts announced on Monday that both properties will be completely smoke-free once they reopen doors. Closed Back in March, MGM Park Reopens at the End of September The last MGM property which is still closed – Park MGM will reopen on September […]

Business
September 11, 2020
Former MGM CEO Mulls New Gaming & Entertainment Projects
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 […]

Casino
September 2, 2020
Las Vegas Unions Agree on Health Benefits for Casino Employees
Some 36,000 employees of MGM Resorts and Caesars will receive health benefits until March 1, 2021, following a recent agreement with two unions in Las Vegas. Culinary Union executive Geoconda Argüello-Kline said that the agreements are “historic”. Las Vegas Unions in an Agreement with MGM Resorts and Caesars Thousands of working and furloughed employees at […]

Industry
August 29, 2020
MGM Resorts Is Laying off 18,000 Furloughed Employees
The global hospitality and entertainment leader MGM Resorts announced it will lay off 18,000 of its furloughed employees. Some 18,000 Furloughed MGM Employees to Be Permanently Laid Off Friday, August 28, MGM Resorts International announced that the company plans to lay off 18,000 of its furloughed U.S. employees, reported CNN. Earlier this year, the company […]

Casino
August 24, 2020
MGM Announces Accommodations for Its Working Employees
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 […]

Casino
August 15, 2020
The Mirage Will Reopen on August 27, Plans MGM Resorts
MGM Resorts International has announced a plan to reopen the Mirage on August 27. MGM Plans to Reopen the Mirage on August 27 The iconic resort the Mirage on the Las Vegas Strip will reopen on August 27, announced MGM Resorts International. The current plan leaves only two MGM properties which are yet to reopen […]

Industry
August 13, 2020
MGM Resorts Employee Fund Receives a $2 Million Donation by Kerkorian Estate
The fund by MGM aiming at mitigating the COVID-19 impact on employees receives a $2 million donation by the Kerkorian Estate. MGM’s CEO Bill Hornbuckle expressed gratitude for the generous contribution. Kerkorian Estate Donates $2 Million to MGM Employee Fund The employee fund of MGM Resorts International received a $2 million donation by Kerkorian Estate. […]
