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Business
March 15, 2024
MGM Resorts Not Ready to Give Up on the UAE, Eyes Opportunities in Thailand Too
MGM Resorts International’s chief executive officer, Bill Hornbuckle, commented on the company’s plans for the future at the JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, highlighting opportunities in certain regions. While MGM recently gave up on its Dubai casino plans recently, the company is still proceeding with its hotel offering. According to […]
Casino
February 20, 2024
MGM Resorts Gives Up on Dubai Casino Plans, at Least for Now
Casino and hospitality giant MGM Resorts is giving up on its plans for a Dubai casino, at least for now. Despite that, the company is bullish on seeing its resort megaproject through, with or without a casino. For reference, MGM’s plan for The Island is to construct a three-hotel complex, combining an Aria, an MGM […]
Business
February 14, 2024
Entain Shares Drop 4% After MGM Excludes Takeover Bid
Recently, MGM Resorts’ chief executive officer, Bill Hornbuckle, was asked about any change of heart following the company’s latest public statement on the acquisition bid topic. His answer led to a 4% drop in Entain’s shares. Last fall, it was speculated that MGM Resorts would possibly make a new acquisition bid for global gaming giant […]
Business
February 14, 2024
MGM Resorts Posts Exceptional Q4 and 2023 Results
The leading US and international gambling, entertainment and hospitality company, MGM Resorts International, released its latest unaudited financial report Tuesday. The company disclosed details regarding its performance for the fourth quarter of 2023 as well as the full year, highlighting strong growth in revenue pushed by exceptional results from MGM China. For 2023, MGM Resorts […]
Casino
January 17, 2024
Marriott Bonvoy and MGM Unveil Benefits for Members Program
Over the last decade, the popularity of loyalty programs offered by casino and entertainment operators has grown exponentially. It’s no surprise that leading operators on the Las Vegas Strip have identified the potential of loyalty programs and launched their own versions, offering benefits for their return and loyal clients. MGM Resorts International, the globally recognizable […]
Industry
January 12, 2024
MGM Purchased Small Parcel of Land on The Strip Last Spring
MGM Resorts Land Holdings purchased a small piece of land measuring only 1.62 acres (0.0065 square km) south of the iconic Bellagio fountains on May 15, 2023. During the same month, MGM Resorts’ LeoVegas announced it would acquire Push Gaming in an attempt to give its global development a push. The Space Is Currently a […]
Poker
January 9, 2024
Potomac Winter Poker Open Back to MGM National Harbor
At the end of lengthy consultations that saw MGM National Harbor’s employees unanimously decide to join the democratic labor union Teamsters Local 639 that represents workers in Virginia, Washington DC, and Maryland, the casino hotel is ready to once again host the much-anticipated Potomac Winter Poker Open. The iconic poker tournament will be hosted at […]
Industry
December 22, 2023
MGM Resorts Donates $360K to International Center for RG
MGM Resorts International has demonstrated a clear and unfaltering commitment to creating robust and sustainable gambling experiences, not least through the introduction of the GameSense responsible gaming program and championing public awareness companies such as the American Gaming Association-led Have A Game Plan. Bet Responsibly, which has sought to educate the public on the dangers […]
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 […]
