MGM Resorts says business was booming prior to COVID-19, but shares slide as company cops to "substantial operating losses."
MGM redefined reasons behind CEO Jim Murren's exit so he wouldn't miss out on $32m golden handshake, while 75k staff must split a $1m coronavirus fund.
The president and COO of the casino company will step in as interim CEO following Jim Murren’s departure.
Feeling queasy? Goosebumps? Not sure where the world is heading? At least you’re still alive. That’s a good thing.
With so many countries trying to grapple with coronavirus, major resorts operators aren’t taking any chances.
The weak market and the coronavirus force the casino operator to alter its plans.
A former MGM employee claimed she had been raped, set a hotel room on fire seeking revenge against MGM.
With a data breach and the coronavirus playing havoc on MGM’s share prices, the company may believe they are currently undervalued.
Although MGM defends the leaked data as already being publically available, John Smallman disagrees, and he’s taking them to court.
A hack that was discovered last year caught the contact details of MGM Resorts customers, with celebrities and government officials falling victim.