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MGM Resorts International News
MGM's pay-to-park plan irks Vegas locals, tourists and valet drivers
19 Feb 2016
The glory days of free parking and lucrative valet jobs on the Las Vegas Strip came to a screeching halt earlier this year after MGM Resorts International announced its plans to charge visitors for parking and outsource its valet services.
Las Vegas Strip's first park to open April 4
27 Jan 2016
MGM Resorts International will debut its dynamic park, dining and entertainment district on the Las Vegas Strip.
Hyde Lounge nightclub will have branch in Las Vegas Arena
29 Dec 2015
The popular Los Angeles-based nightclub, which also has a location at the Bellagio, will have a location in the new Arena with two platforms and a lounge featuring a bar and restaurant.
Kerkorian investment arm moving headquarters to Las Vegas
21 Dec 2015
Tracinda Corp., the investment arm of late billionaire Kirk Kerkorian, is moving its corporate headquarters to Las Vegas from Los Angeles to be closer to the company's largest holdings, MGM Resorts International.
Sands opens Cotai Central final piece as Adelson predicts Macau turnaround
20 Dec 2015
During a celebration surrounding the opening of the $450 million, 400-room St. Regis hotel, Las Vegas Sands Chairman and CEO Sheldon Adelson said the Macau gaming market will turn around in 2016.
Gaming companies want exit requests from Nevada Power reconsidered
18 Dec 2015
The requests for reconsideration were filed with the Nevada Public Utilities Commission by the Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts. The requests were posted on the PUC website on Thursday.
Battle over Kirk Kerkorian's child support payments lives on
7 Dec 2015
The MGM Resorts founder died in June at the age of 98.
Three Strip casino operators get OK to leave Nevada Power
3 Dec 2015
The Nevada Public Utilities Commission also required MGM Resorts International, Wynn Resorts Ltd., and Las Vegas Sands Corp., to collectively pay $126.6 million in exit fees for the privilege of doing so, a move that didn't sit well with the gaming companies.
Inside Gaming: Northeast casino expansion good for slot companies, bad for Atlantic City
2 Dec 2015
The Northeast casino market is becoming flooded with new competition, which is bad for operators but great for equipment and game providers.
Macau suffers 18th straight month of gaming revenue decline
2 Dec 2015
Casinos collected $2.1 billion from gamblers in November, 32.3% less than a year ago, Macau's Gaming Inspection and Coordination Bureau said Tuesday.
Reno casinos shine in October as rest of Nevada suffers
1 Dec 2015
Nevada and Strip gaming revenue fell during October, the fourth time in the last five months that the results showed declining numbers, according to figures released Monday by the Gaming Control Board. However, Northern Nevada's casino market increased during the same time period.
SkyVue wheel developer aims to profit despite project not getting off the ground
1 Dec 2015
Las Vegas developer Howard Bulloch envisioned spending $300 million to build a 500-foot-tall wheel with 140,000 square feet of retail, dining and entertainment. SkyVue's foundation was poured in March 2012, and two 247-foot-tall pillars were built soon after.
Inside Gaming: Macau adding casinos despite prolonged revenue slide
29 Nov 2015
Casino operators have budgeted almost $27 billion on new developments in Macau, despite the fact that Macau gaming regulators are expected to announce this week that November was the region's 18th straight month of revenue declines.
Ten cool things about the new Las Vegas Strip arena
28 Nov 2015
The $375 million venue, which opens in April, is loaded with features that sets it apart from most sporting and concert arenas.
Regulators could decide soon on casinos' exit from Nevada Power
26 Nov 2015
MGM Resorts International, Wynn Resorts and Las Vegas Sands Corp. have all applied to exit their agreements with Nevada Power Co.
Nevada Attorney General says he'd support online gambling ban
26 Nov 2015
Adam Laxalt said he plans to sign a letter supporting a bill backed by billionaire casino owner Sheldon Adelson that would ban Internet gaming nationwide and end the state's online poker business.
Eldorado completes purchase of MGM's Reno properties
25 Nov 2015
The $72.5 million transaction gives Eldorado ownership in Circus Circus Hotel Casino - Reno and the remaining half of the Silver Legacy.
Inside Gaming: Merger hasn't changed Sartini's business style
23 Nov 2015
The CEO of Golden Entertainment sees no reason to change his or the company's management style.
Nevada Gaming Commission approves three buyouts
20 Nov 2015
Eldorado Resorts' acquisition of MGM's holdings in Reno for $72.5 million will give the company a 32% share of the hotel rooms in the city.
Wynn delays opening of Macau resort
19 Nov 2015
The revised opening date for the $4.1 billion Wynn Palace, now three months behind schedule, is now June 25, 2016.
American Gaming Association to investigate 'rational alternative' to sports betting laws
12 Nov 2015
The gaming industry's largest trade group says it will spend 2016 determining if "a rational alternative" exists to the nation's current sports wagering laws, which legally allows the activity to take place in just four states.
Treasure Island owner's $1.3 billion bid for The Mirage rejected
11 Nov 2015
Phil Ruffin said MGM Resorts turned down the offer and instead chose to go with a real estate investment trust.
Inside Gaming: North Strip needs a face lift
11 Nov 2015
Other than SLS and Circus Circus, the north section of Las Vegas Boulevard is a mix of small retail malls, empty land, unfinished developments and closed properties.
Inside Gaming: MGM's REIT won't send the industry into a frenzy
8 Nov 2015
Unlike the real estate investment trusts started over the last few years by Penn National, Pinnacle and Caesars, MGM's move into an REIT is a "different animal," according to one industry analyst.
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