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MGM Resorts International News
Inside Gaming: R&R's D.C. division to oversee MGM National Harbor marketing
17 Aug 2015
The MGM project in Prince George's County, Maryland, is expected to open late next year.
Inside Gaming: Adelson has optimistic outlook for Macau
10 Aug 2015
Despite 14 straight months of revenue decline, both for the Macau market generally and for Las Vegas Sands, Adelson says expects his company to "grow and prosper."
MGM dreams of luxury shopping in wake of Harmon 'nightmare'
7 Aug 2015
Filling the gap left by the never-finished Harmon in the CityCenter complex may mean more acres of high-end retail space with expansion of the adjoining Crystals mall and its luxury shops.
Eldorado Resorts sees profits up but revenues down
6 Aug 2015
Eldorado CEO Gary Canaro expressed optimism at the company's growth prospects, especially in light of its recent acquisitions from MGM Resorts in Reno.
Vegas NHL application moves to next phase
6 Aug 2015
Bill Foley's website reports that he has been invited to submit information about the Las Vegas market to the NHL.
MGM sues Connecticut over law
5 Aug 2015
MGM International Resorts file lawsuit against Connecticut over new state law.
MGM CEO says The Mirage is "not on the market"
5 Aug 2015
MGM Resorts has unveiled an ambitious new growth plan, but despite Wall Street speculation, selling The Mirage is not a part of it.
Las Vegas arena planners must get creative to handle traffic, parking
3 Aug 2015
While plans for the MGM-AEG project's have not yet been released, officials promise that there will not be the usual "sea of pavement" outside the arena.
Gaming architect Paul Steelman signed as speaker for Latin American Slot Summit
30 Jul 2015
The Summit will take place in Lima, Peru from August 21 to September 2.
Wall Street analysts predict MGM may sell The Mirage
30 Jul 2015
A spokesman for MGM has declined to comment on the rumored transaction, but Wall Street analysts predict that The Mirage could sell for between $1 billion and $1.5 billion.
Park near MGM Arena brings nature back to the Strip
30 Jul 2015
The first trees have been planted at the simply named Park, an MGM Resorts project that aims to provide a cool, natural refuge in the urban Strip.
bwin.party investor tells online gaming rival to increase its bid
28 Jul 2015
bwin.party accepted a $1.4 billion offer from 888 last week. However, online gaming company GVC Holdings upped its bid Monday to $1.6 billion, according to Bloomberg News.
Horsford firm to handle marketing efforts for MGM National Harbor
28 Jul 2015
A firm headed by former Nevada Congressman Steven Horsford will oversee brand marketing efforts for the $1.3 billion MGM National Harbor development, a resort under construction near Washington, D.C.
Man leads police on chase through Bellagio's fountains
27 Jul 2015
The incident caused "way over" $5,000 worth of property damage and prompted an MGM spokeswoman to remind guests that the fountains are "not a swimming pool."
Inside Gaming: MGM Resorts CEO discusses REIT plans
22 Jul 2015
Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.
California wildfire blocks I-15 road to Vegas
20 Jul 2015
Las Vegas hotels are working to accommodate Californian visitors trapped inside or outside Vegas as firefighters work to control the blaze.
Inside Gaming: Eldorado deal for MGM casinos makes company king of Reno
20 Jul 2015
In conjunction with the all-cash deal with MGM, Eldorado announced a $60 million stock offering and $375 million debt offering. Eldorado is also assuming $60 million in debt through the transaction.
Sale of Bwin.party to 888 could impact Nevada
20 Jul 2015
888, which holds a Nevada gaming license and partners with Caesars in operating online gaming sites in Nevada and New Jersey, paid $1.4 billion for Bwin.party, which does not have a Nevada license but runs online gaming sites in New Jersey with Boyd Gaming.
MGM Resorts to build 5,000-seat theater at Monte Carlo
16 Jul 2015
The $100 million theater is the latest in a line of nongaming developments MGM is investing in at its nine Strip resorts.
Nevada's new tourism panel has begun meeting
16 Jul 2015
The newly formed Southern Nevada Tourism Infrastructure Committee is a yearlong project to determine how best to develop the area's tourism infrastructure and ensure it remains a premier tourist destination.
Inside Gaming: Atlantic City to pay Borgata $63 million in tax refunds -- but how?
15 Jul 2015
A New Jersey appellate court upheld a ruling that financially strapped Atlantic City had overcharged the Borgata in property taxes.
Wynn Resorts investor reduces ownership stake
14 Jul 2015
T. Rowe Price, an investment firm that was once the largest shareholder in Wynn Resorts, has sold off 12.3 million shares since April without comment.
Caesars Interactive levels up with Mitch Garber at the helm
13 Jul 2015
Caesars Interactive, owner of the World Series of Poker, has surpassed Zynga in terms of social gaming revenue.
Inside Gaming: Winners and losers in the Massachusetts casino scene
13 Jul 2015
The recently opened Plainridge Park Casino is off to a strong start, but the legal and logistical challenges of opening more casinos in Massachusetts create a complicated situation in the Northeast.
Eldorado Resorts announces proposal to sell senior notes
9 Jul 2015
The company intends to sell $375 million of its senior notes to finance the acquisition of two casinos from MGM Resorts.
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