MGM Resorts International News
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.
Eldorado Resorts announces proposed common stock offering
9 Jul 2015
The proceeds from the common stock offering will finance the acquisition of the Circus Circus Reno and the Silver Legacy from MGM Resorts.
Nevada regulators recommend Full House CEO for gaming license
9 Jul 2015
Dan Lee, who took over Full House Resorts seven months ago, was recommended for a gaming license by the Nevada Gaming Control Board on Wednesday.
Proposed Macau smoking ban threatens 2016 profits, Vegas-based licensees
8 Jul 2015
The ban is almost certain to further cut into Macau's already-declining gaming revenues, raising speculation about the political motivations behind the ban.
MGM sells Reno properties to Eldorado Resorts
8 Jul 2015
The properties sold are the Circus Circus Reno and half of the Silver Legacy, the other half of which Eldorado already owned.
Pinnacle Entertainment considers new proposal from GLPI
8 Jul 2015
GLPI, an REIT spun off of Penn National Gaming, has repeatedly offered to acquire Pinnacle's real estate holdings, rather than having Pinnacle create its own REIT.
MGM proposes Atlanta casino
6 Jul 2015
As legislation moves through the Georgia State Legislature, MGM Resorts propose a downtown Atlanta casino.
Chinese government eases visitation rules as Macau gaming revenues decline
2 Jul 2015
This June was the 13th straight month of declining gaming revenue in Macau, but there was still good news to be found.
Details emerge for Alon Las Vegas project
29 Jun 2015
The hotel-casino project is planned for the former New Frontier site.
Inside Gaming: Will multiplayer tables save the slots industry?
29 Jun 2015
With millennials largely uninterested in traditional slots, gaming manufacturers are looking at skill-based gaming and smartphone-like electronic tables to target a generation acclimated to free electronic skill games.
Herbst family to take over Searchlight Nugget next week
26 Jun 2015
JETT Gaming, the Herbst family's company, plans to revitalize the struggling casino and restore Searchlight as a gaming destination.
NHL board accepts expansion application for Las Vegas football team
25 Jun 2015
Bill Foley has collected over 13,000 season ticket commitments toward his goal of establishing an NHL team in Las Vegas.
Lindsey Graham sends bill to ban online gambling (again) to Senate
25 Jun 2015
The proposed legislation would restore an earlier interpretation of the Wire Act that the Department of Justice had negated in 2011.
Pinnacle Entertainment planning a deal with GLPI
24 Jun 2015
Talks have been ongoing, and analysts believe a deal is likely to be signed sooner rather than later.
Strip gaming companies opt to delay utilities exit applications
24 Jun 2015
After the Nevada Public Utilities company denied an exit application for a data storage company, gaming operators have decided to restart their own applications next month.
Editorial: Kirk Kerkorian 'forced Las Vegas to think big'
18 Jun 2015
Mr. Kerkorian was one of the Las Vegas Strip's largest investors and played a unique role in developing it as a tourist destination.
Kirk Kerkorian, founding father of modern Las Vegas, passes away
17 Jun 2015
The billionaire casino mogul passed away Monday in Los Angeles at the age of 98 after a brief illness.
Inside Gaming: In memory of Kirk Kerkorian, Las Vegas' most reclusive billionaire
17 Jun 2015
Kirk Kerkorian, founder and longtime owner of MGM Resorts International, passed away on Monday at the age of 98.
New credit agreement to help MGM complete $2.9 billion Macau resort
15 Jun 2015
The company's credit agreement increased to $1.55 billion in addition to a $1.45 billion revolving line of credit, with the maturity date extended to 2019.
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