Tag Archives: mgm resorts international
- MGM launches Ad blitz vs. Bradley Airport Casino project
August 25, 2016
MGM Resorts International has declared war against a proposed casino at Bradley International Airport, which will be a direct competitor to its $950 million Springfield, Massachusetts casino. And for its opening salvo, MGM launched a new online advertisement attacking the Connecticut Airport Authority for making a “bad deal” to open...
- MGM Resorts plays coy with REIT plans, says Mirage “not on the market”
August 4, 2015
Casino operator MGM Resorts International’s domestic gaming operations helped offset a serious downturn in its Macau business during Q2 2015. MGM reported revenue of $2.39b in the three months ending June 30, down 7.5% from the same period last year. The drop was entirely the result of a 16% decline...
- MGM to renovate MGM Macau; receives waiver to demolish old Zanetti school in Springfield
February 20, 2015
A few hours after MGM China Holdings Ltd. posted its Q4 and full year revenue results for 2014, the company announced its plan to invest $100m this year to renovate its MGM Macau Hotel and casino. MGM Chief Executive Grant Bowie said that the investment for the refurbishment of its...
- SJM Holdings takes casino market lead in November
December 3, 2014
SJM Holdings Ltd has retaken the lead in the Macau casino market with a 22.61% share of gross gaming revenue (GGR) for November. The operator of the Grand Lisboa casino hotel, Casino Babylon and 16 other casinos, had a market share of 23.4% in October. Sands China Ltd, which held...
- Mass Casinos push back on gambling limits; Mass Gaming launches study to examine problem gambling
November 25, 2014
To reduce problem gambling once casinos and slot parlors open in the state, the Massachusetts Gaming Commission (MGC) is considering a program that would allow gamblers to voluntarily set limits for how much and how long they can bet. Similar programs are in place in New Zealand, Singapore, Norway, Sweden...
- MGM Pays $85M Mass Casino License Fee; Gov. Malloy say No to Expanding Gambling in CT
November 18, 2014
MGM Resorts International has paid the required $85 million casino license fee for its $800 million Springfield resort casino on Monday, state gambling regulators announced. The Las Vegas-based company made the payment for its 15-year license electronically through the limited liability company Blue Tarp reDevelopment. MGM won the western region's...
MGM uses McCain letter vs. Connecticut tribal casino
May 11, 2017