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MGM Resorts International News
Boyd Gaming optimistic about Las Vegas locals market
15 Jun 2015
Boyd Gaming CEO Keith Smith says the area's economy is improving and cites growth in gaming and nongaming revenue in the past quarter.
Arizona Coyotes may move to Las Vegas
12 Jun 2015
While the team is fighting to stay in its current hometown of Glendale, Arizona, the pieces are in place for it to move to the new MGM-AEG arena being built on the Strip.
Circus Circus has 'significant and iconic role' to play in north Strip recovery, says MGM exec
11 Jun 2015
The family orientation of Circus Circus has made it a popular destination for Hispanic gamblers, something MGM hopes to build on in the next few years.
Inside Gaming: Despite the rumor, an MGM-Wynn merger is off-base
10 Jun 2015
CNBC host and financial gossipmonger Jim Cramer told his "Mad Money" audience there was "speculation" that Wynn Resorts Ltd. "might merge" with MGM Resorts International.
Wynn Resorts shares rise despite 'Macau malaise'
5 Jun 2015
Companies that operate casinos in Macau have seen share prices decline recently as the Macau gaming market loses revenue, but analysts believe May's uptick in prices may be a sign that the market is starting to stabilize.
Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it
3 Jun 2015
Wynn Resorts stock on Monday closed below $100 per share for the first time since December 2010 after Macau reported its 12th straight monthly dip.
Macau experiences 12th straight month of gaming revenue decline
2 Jun 2015
Casino operators worry that the Macau government's plans to implement a smoking ban could further erode the market.
MGM shareholders re-elect 11-person board of directors
1 Jun 2015
The company will release the official vote in a filing with the Securities and Exchange Commission.
Workers 'top off' MGM arena
28 May 2015
The last steel beam of the arena's structure was installed on Wednesday, May 26. The arena is scheduled to open in April 2016.
Rise in proxy battles indicates vulnerability in gaming industry
26 May 2015
Proxy battles are common in corporate America, but they can be time-consuming and expensive. In the past several years, the gaming industry has become embroiled in many proxy battles.
Professional Bull Riders goes on spring break in Las Vegas
21 May 2015
PBR is partnering with MGM Resorts to bring a spring break theme to its annual World Finals event this Memorial Day weekend.
Analysis: 'Net gambling bill accidentally criminalizes some Nevada sports bets
21 May 2015
A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevada's booming mobile sports wagering business.
MGM Resorts files application to leave Nevada Power Co.
20 May 2015
MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.
Shareholder ends proxy fight with MGM Resorts
20 May 2015
New York-based Land and Buildings Investment Management says "substantial insider shareholders" were resistant to changing the company's board.
Analyst sees no 'silver bullets' to Macau turnaround
19 May 2015
Goldman Sachs gaming analyst Steven Kent has downgraded his stock price projections for Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International.
MGM Resorts selects general manager for Bellagio
18 May 2015
Olivia Brown has more than 25 years experience in the hospitality industry, most recently serving as general manager of the Ritz-Carlton Boston Commons.
Failed Las Vegas resort is finally ready for its close-up
18 May 2015
With backing from megastar George Clooney, Las Ramblas was supposed to be an 11-tower set with gambling, condominium and hotel space on a 25-acre stage. But it turned out to be a complete flop.
Union Gaming Group establishes office in Hong Kong
11 May 2015
Union Gaming Managing Director Rich Moriarty said the focus for the gaming industry expansion over "the next 20 years belongs to Asia."
Gaming companies seek to leave Nevada Power, utility considers adding capacity
11 May 2015
All four companies have submitted letters to the Public Utilities Commission announcing their intentions to purchase power from a "qualified energy provider."
Dancers, dignitaries mark start of $4 billion Resorts World Las Vegas
6 May 2015
The north end of the Strip came to life Tuesday with a groundbreaking for the $4 billion Resorts World Las Vegas project.
MGM Resorts reports stronger earnings despite revenue decline
5 May 2015
The Las Vegas-based casino operator reported first-quarter earnings of $169.8 million, compared to $102.7 million during the same period a year ago.
Boyd Gaming reports quarterly earnings of $35.1 million
4 May 2015
The company bounced back after a net loss of $6.2 million in the first quarter of 2014.
Small investor in MGM Resorts advocates removal of board members
30 Apr 2015
Stamford, Conn.-based Land and Buildings plans a conference call and will issue a public presentation today explaining why it believes “there is an urgent need for change” for the Las Vegas company, the state’s largest private employer.
Murren: Sky won't fall on MGM if online gambling banned
30 Apr 2015
The sky won’t fall on MGM Resorts International if a ban on legalized gambling over the Internet is reinstated, company CEO Jim Murren said Wednesday.
El Loco at Adventuredome has been thrilling riders, MGM Resorts for a year
24 Apr 2015
Since the Circus Circus Adventuredome’s El Loco roller coaster ride opened, its cars have traveled more than 61,000 miles — about 2½ times around the world.
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