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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 […]
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 […]
