MGM Resorts wants $750 million through senior notes offering
The casino giant needs more money to reduce its debt and cover operating expenses.
MGM Resorts receives order for massive Mandalay Bay shooting payout
A Nevada court drops the gavel on the lawsuit brought against the casino following the deadly 2017 shooting.
Park MGM reopening as Vegas Strip’s first smoke-free casino
MGM Resorts says its Park MGM property will reopen September 30 as the Las Vegas Strip's first smoke-free casinos.
Encore Boston Harbor gets reprimanded for allowing massive party
The Massachusetts Gaming Commission slams the casino for allowing over 100 people to gather in violation of coronavirus protocols.
MGM laying off 18k staff as casinos struggle to regain pre-pandemic form
MGM Resorts to permanently lay off 18,000 staff as US casino market struggles to regain its pre-pandemic form after reopening.
Diller’s gamble on MGM is misguided
Interactive Corp, AKA IAC, has taken a $1 billion stake in MGM. The news catapulted shares yesterday by 14%.
MGM Resorts gets a new backer determined to see online gaming
IAC has purchased a 12% stake in the casino operator, hoping to leverage its position to push for online gambling expansion.
MGM Resorts launches scheme to attract remote workers
The casino operator’s latest marketing initiative looks to turn its venues into remote worker hubs.
BetMGM partners up with the PGA Tour
BetMGM is expecting it can achieve its mission of U.S. dominance with a bit of golf.
MGM says COVID crisis creates need for casino experiments
MGM Resorts reports revenue down 91% and books $857m net loss in Q2 but company claims its reopened casinos are seeing higher margins due to cost cuts.
