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MGM Resorts International News
House of Blues Foundation Room fires employees involved in drug, prostitution investigation
14 Mar 2014
An investigation into narcotics and prostitution at the Foundation Room has led to a $500,000 fine levied against MGM Resorts International after undercover officers found violations several times over a two-month period.
MGM, Pinnacle team up on marketing efforts
14 Mar 2014
MGM Resorts’ “M life” members will receive offers for hotel stays, dining and other amenities at Pinnacle’s properties in regional U.S. gaming markets.
$500k fine levied in drug, prostitution investigation at House of Blues Foundation Room
13 Mar 2014
An investigation into narcotics and prostitution at the Foundation Room has led to an agreement to a $500,000 fine after undercover officers found violations several times over a two-month period.
Big rewards in China create flexibility for MGM Resorts
7 Mar 2014
MGM Resorts International is showing investors what a 51% ownership stake in its publicly traded Chinese subsidiary means financially to the casino operator’s business back home: at least $320 million this month alone.
Boyd Gaming displays interest in Japan casino
6 Mar 2014
CEO Keith Smith used a fourth-quarter conference call Wednesday to express Boyd Gaming’s interest in the potential Japanese casino market.
Celebration of new year helps Macau gaming revenue reach $4.8 billion in February
4 Mar 2014
Casinos in Macau collected $4.8 billion from gamblers attracted to the market for the Chinese New Year celebration in February.
Adelson returns to top 10 of Forbes List of World Billionaires
4 Mar 2014
Las Vegas Sands Corp. chairman and CEO Sheldon Adelson ranks no. 8 on Forbes magazine's list of the world's billionaires
Inside Gaming: Sunshine State brings shrugs from Las Vegas casino interests
3 Mar 2014
Last month, legislation was unveiled that could bring Las Vegas-style casinos to South Florida — one each for Miami-Dade and Broward counties.
MGM Resorts chairman: 2013 "best operating performance since recession"
20 Feb 2014
The casino company said it reduced its fourth-quarter net loss while growing revenues more than 9 percent during the three-month period that ended Dec. 31.
MGM Resorts arena will rely on adjacent properties for parking
13 Feb 2014
Parking will be provided in the CityCenter employee garage, New York-New York garage, surface parking designated at the Excalibur and a small surface parking lot south of the venue.
MGM Resorts International begins the state's largest installation of electric vehicle charging stations
12 Feb 2014
Twenty-seven new stations to be made available on the Las Vegas Strip; two stations at Circus Circus Reno
MGM faces fines for blocking gaming agent access
10 Feb 2014
The Gaming Control Board filed a two-count complaint Friday against the Aria Hotel-Casino and MGM Resorts International for blocking two state gaming agents from observing wagering activity in the CityCenter resort’s high-limit casino area.
Macau casinos report 7 percent increase in January, collect $3.6 billion
6 Feb 2014
The Macau casino market ended 11 straight months of double-digit gaming revenue increases in January and recorded its lowest single-month growth rate since October 2012.
Coalition backed by AGA, MGM to fight any push to ban Internet gaming
6 Feb 2014
A new Washington, D.C.-based coalition, backed by MGM Resorts International and the American Gaming Association, on Wednesday launched an effort to halt any congressional move to ban online wagering.
Nevadan at work: Finance exec's stadium work will help shape local sports
27 Jan 2014
Coordinating construction activity for the MGM Resorts International-AEG arena on the Strip behind New York-New York while also serving on the University of Nevada, Las Vegas stadium board is right in Rick Arpin’s sweet spot.
Settlement talks in CityCenter case bear fruit - maybe
27 Jan 2014
Settlement talks have started to bear fruit in the high-stakes litigation over the construction of CityCenter, including an insurance company offer to pay $55 million to cover defects at the unfinished Harmon hotel.
Casinos in Japan? Bet your last yen on it
27 Jan 2014
Analysts and gaming leaders consider it a foregone conclusion that Japan, after years of toying with legalizing casinos, will finally approve a gaming bill this spring.
Several gaming companies expected to have a good year
21 Jan 2014
Not surprisingly, Las Vegas Sands Corp., Wynn Resorts Ltd. and MGM Resorts International lead the pack.
Gaming lobby unifies message
13 Jan 2014
American Gaming Association President Geoff Freeman said last week that the casino industry is often its “own worst enemy,” giving anti-gambling opponents ammunition.
Wynn Macau appoints Gamal Aziz president
8 Jan 2014
Steve Wynn will continue to serve as CEO and chairman of Wynn Macau.
Jeff Ifrah shares top three predictions for iGaming in 2014
7 Jan 2014
Jeff Ifrah and his team at Ifrah Law represent many of the largest iGaming companies and industry associations in the world.
CityCenter to start clearing loose junk from inside Harmon Hotel
6 Jan 2014
A court order says CityCenter can begin clearing away loose junk inside the unfinished Harmon Hotel on the Las Vegas Strip, but cannot take apart the structure.
MGM Resorts hosting job fair to staff for summer pool season
6 Jan 2014
The company will fill some 700 poolside positions — full time and part time — at all of the casino operator’s 12 Strip properties.
Inside Gaming: Sunny days may be ahead for MGM Resort
6 Jan 2014
With almost $3 billion in developments looming in Macau and Las Vegas — coupled with a potential return to Atlantic City — MGM Resorts is already the most-watched casino company on Wall Street just five days into 2014.
Global Cash Access renews, expands MGM Resorts contract
2 Jan 2014
Las Vegas-based Global Cash Access will continue to provide the gaming company cash access services, and will install ticket redemption kiosks at MGM Resorts properties.
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