Casino operator MGM Resorts says it plans to trim up to 3% of its US workforce as part of its plan to boost earnings by $300m by 2021.
MGM Resort’s REIT arm will be paying it $637.5 million in an agreement to reposition the former Monte Carlo Resort and Casino.
MGM Resorts inks official gaming and official entertainment partnerships with Major League Baseball, following similar deals with NBA and NHL.
According to analysts, the Macau-based casino operator could actually increase its share of the gambling market by next year.
DraftKings to launch retail sportsbook at Mississippi's Scarlet Pearl Casino Resort on Friday (16); Rhode Island betting delay costs the state millions.
The online gambling and sports betting joint venture of MGM Resorts and GVC Holdings signs exclusive US betting data deal with Sportradar.
Acquiring Caesars is not in itself a bad idea—it all depends on the terms, which are based on projections.
A new rumor making its way through the industry. MGM has now reportedly started to try and put a deal together that would see it and Caesars become one.
MGM Resorts is a new official gaming partner of the NFL's New York Jets, will develop “mobile play-along predictive game I Called It” for fans.
MGM Resorts says it performed respectably in a 'challenging' Q3 but things would been a lot less respectable without contributions from new casinos.