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MGM Resorts International News
Kerkorian sells 20 million MGM shares
28 Feb 2012
Billionaire financier Kirk Kerkorian sold 20 million shares of MGM Resorts International Monday for $268 million.
MGM Resorts shrinks fourth quarter net loss
24 Feb 2012
MGM Resorts reduced its net loss in the fourth quarter, telling investors that revenues improved at the company's Strip resorts.
MGM to build nongaming hotel in China
22 Feb 2012
MGM Resorts said it will build and operate a 200-room hotel with retail and entertainment in Shanghai.
Florida casino supporters vow to continue fight
20 Feb 2012
Supporters of legislation that could land three casinos in South Florida weren't overly disappointed when state lawmakers canceled a planned vote on the controversial bill.
MGM Resorts reaches marketing deal with Ameristar Casinos
17 Feb 2012
Customers of MGM Resorts and customers of Ameristar can use their points and rewards at either companies' properties.
MGM Resorts expands M life program
16 Feb 2012
Members now are rewarded for virtually every dollar spent at 15 MGM Resorts destinations in Las Vegas and across the U.S.
CityCenter suffers $45 million loss in fourth quarter
14 Feb 2012
MGM Resorts International said that its CityCenter development in Las Vegas had a net operating loss of roughly $45 million in the fourth quarter.
Two Macau land grants could be approved this year
7 Feb 2012
A Macau government official said two applications for land grants on the Cotai Strip requested by casino operators could be approved this year.
Super Bowl generates nearly $94 million in betting handle
7 Feb 2012
Nevada's wagering handle of $93.9 million represented the second-largest total in history, and the 184 books held slightly more than $5 million for a win percentage of 5.4.
Florida lawmakers end expanded gambling push
6 Feb 2012
A Florida legislator withdrew a bill that would build three Las Vegas-style hotel-casinos in the southern part of state Friday.
Gambling stocks get boost in January
1 Feb 2012
All 10 publicly traded casino operators and slot machine manufacturers charted by Las Vegas-based financial adviser Applied Analysis posted gains.
MGM selects leading green architectural firm for Brimfield project
30 Jan 2012
MGM selects green architects to oversee design of Rolling Hills Resort.
Harry Reid offering hope for Internet poker
23 Jan 2012
Sen. Harry Reid said the Department of Justice ruling that has some states angling to operate poker websites will also impel Congress to act on a federal solution.
CityCenter forming partnership with Sotheby's
19 Jan 2012
The Las Vegas mega-resort announced a partnership with Sotheby's International Realty to market The Residences at Mandarin Oriental and Veer Towers.
MGM Resorts trying to acquire land in Massachusetts
13 Jan 2012
MGM Resorts International entered the race for a Massachusetts casino license on Thursday, signing a deal to acquire 150 acres in the town of Brimfield for a hotel-casino complex.
MGM Resorts spokesman named chairman of NCRG
10 Jan 2012
MGM Resorts International Senior Vice President of Public Affairs Alan Feldman has been named chairman of the board for the National Center for Responsible Gaming.
Moody's upgrades view on CityCenter
10 Jan 2012
Moody's says the prospects of increased visitation to Las Vegas this year helps the 67-acre, multiple development Strip complex.
Gaming stocks slump in 2011
4 Jan 2012
Seven out of the 10 casino operators and slot machine manufacturers followed by Applied Analysis finished December below their average daily price from December 2010.
Macau gaming revenues $33.5 billion last year
4 Jan 2012
Macau's 2011 gaming revenue total surpassed the combined casino revenues produced by the top 20 U.S. commercial casino markets in 2010.
New Bellagio nightclub ready for opening
30 Dec 2011
The Hyde Bellagio Lounge opened Sunday in a 10,000-square-foot space overlooking the Fountains at Bellagio in Las Vegas.
MGM Resorts International employees raise $4.6 Million to help charities serving communities
16 Dec 2011
Employees of MGM Resorts International have raised $4.6 million this year to support more than 1,000 community-based nonprofit organizations.
Analysts hopeful 2012 can be bridge year for casino industry
13 Dec 2011
Analysts don't expect Las Vegas or other U.S.-based gaming markets to experience the growth projected for Macau or Singapore. But the industry is cautiously optimistic that 2012 could be a bridge to stronger results in 2013.
MGM Resorts named among major companies for LGBT employee policies and benefits
9 Dec 2011
Human rights organisation names MGM Resorts as one of nation's leading companies for workplace equality based on its policies relating to lesbian, gay, bisexual and transgender employees
Macau gaming revenues shatter last year's record
2 Dec 2011
Macau's 34 casino collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.
Moody's bullish on Vegas gaming companies
18 Nov 2011
Moody's Investors Service upgraded its opinion of MGM Resorts International, Las Vegas Sands and Wynn Resorts.
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