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MGM Resorts International News
Fitch analysts join others in cautioning on Macau
19 Nov 2014
The bond advisement service predicted zero growth in Macau’s gaming revenue by the time 2014 is concluded, and an overall decline of 1 percent in 2015.
Inside Gaming: Decade covering casino industry anything but boring
17 Nov 2014
The past 10 years covering gaming nationally and internationally have been nothing short of a theme park thrill ride that Disney’s greatest designers couldn’t conjure.
AGA making its voice heard on major gaming issues
12 Nov 2014
AGA CEO Geoff Freeman said the AGA should be the group to clear up misconceptions or untruths about a regulated casino industry. That’s what the organization did in Massachusetts, and will do in other markets.
SLS Las Vegas buffet to close, reopen in 2015
11 Nov 2014
The buffet is somewhat challenged by its location, which is apart from the other restaurants, such as Umami Burger, Cleo and the Griddle Cafe.
Recovery of Las Vegas locals gaming depends on a Strip development
10 Nov 2014
Unlike the Strip, the locals market has been slow to embrace the state’s economic recovery.
Forget the AC, Las Vegas embraces the great outdoors for entertainment
10 Nov 2014
MGM Resorts International and Caesars Entertainment Corp. are among the landowners and event promoters using open space as outdoor venues.
MGM officially awarded Massachusetts gaming license
6 Nov 2014
The process was been put hold until a ballot question that sought to repeal the state’s casino law was decided. On Tuesday, Massachusetts voters overwhelmingly rejected the referendum.
Macau casino revenue dips record 23.2 percent in October
5 Nov 2014
Total casino revenue was $3.5 billion in October — Macau’s fifth straight monthly decline, the Macau Gaming Inspection and Coordination Bureau said Tuesday.
Bay State voters choose to preserve fledgling casino industry
5 Nov 2014
Massachusetts voters saved the state’s fledgling casino industry Tuesday by overwhelmingly rejecting a ballot referendum that would have tossed a three-year-old gaming law.
Vote to reverse Bay State casinos appears losing — or will it?
3 Nov 2014
By all accounts, a referendum to undo Massachusetts’ casino law should get crushed in Tuesday’s election and lose by 15 to 20 percentage points.
MGM in 'preliminary' talks to bring NHL to Vegas
31 Oct 2014
Company CFO Dan D’Arrigo said preliminary discussions had taken place with a group interested in housing an NHL team at the MGM-AEG arena, which will have 20,000 seats, along with luxury boxes and other amenities.
MGM Resorts reduces third-quarter net loss
31 Oct 2014
MGM’s Strip properties as a whole suffered from a lower year-over-year table games hold on wagers.
Timing right for suitors to pursue Full House
29 Oct 2014
A group of Full House investors, led by former Pinnacle Entertainment CEO Dan Lee, predicts better days for the casino operator if it can remake the board and map out a new direction.
Two months after debut, SLS Las Vegas president jumps ship
28 Oct 2014
The hotel-casino’s owners said Monday that Scott Kreeger would take over for Rob Oseland, who had been with the property since 2012, before the 18-month construction transition from the shuttered Sahara into SLS Las Vegas.
Inside Gaming: Smoking ban the least of worries in Macau gambling
27 Oct 2014
The Chinese gaming enclave has experienced four straight months of gaming revenue declines. A fifth monthly drop is expected when October’s numbers are counted.
Casinos in Japan: Not dead yet
23 Oct 2014
The investment community says gaming revenue in Japan could range from $10 billion to $15 billion annually, topping the yearly totals produced by Nevada and Singapore.
MGM Resorts sells Gold Strike to JETT Gaming
17 Oct 2014
The transaction, which needs approval by Nevada gaming regulators, is the second sale of a small casino by MGM Resorts this year.
Macau suffers fourth straight monthly gaming revenue drop
7 Oct 2014
Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.
Pulled plug on Haze at Aria overdue
3 Oct 2014
The company acknowledged this week that it will close the club at the end of the month.
MGM Resorts International named "Land-Based Operator of the Year" and "Responsible Business of the Year" at the 2014 Global Gaming Expo
1 Oct 2014
MGM Resorts International (MGM) has been named the "Land-Based Operator of the Year" and "Responsible Business of the Year" at the Global Gaming Awards 2014.
Gaming's $240 billion impact noted; Murren eyes fantasy sports
1 Oct 2014
MGM Resorts International Chairman Jim Murren said he was considering an investment into fantasy sports leagues because of their growing popularity.
Adelson slips one spot on the Forbes list
30 Sep 2014
Sheldon Adelson, 81, was listed as both the gaming industry’s and Nevada’s top name on the annual ranking, which came out Monday.
G2E to ring up $22.3 million in nongaming economic impact
30 Sep 2014
Sponsored by the American Gaming Association and produced by Reed Exhibitions, the 14th annual Global Gaming Expo is expected to attract 27,000 attendees.
Reyes expanding the Las Vegas gay tourism market
29 Sep 2014
Reyes’s New Year’s event, called Evolve Vegas NYE, is 20 months in the planning and has been about all her four-person staff has worked on since the doors of the Las Vegas Gay Visitors Bureau opened in mid-2013.
Boston casino not yet a clear Wynn
29 Sep 2014
Saying the Las Vegas-based company isn’t well liked in Boston or in surrounding communities is an understatement. The award to Wynn could drive some of those angry voters to the polls Nov. 4.
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