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MGM Resorts International News
MGM Resorts says it will demolish flawed CityCenter tower
16 Aug 2011
The casino operator said the structurally troubled Harmon Tower cannot be fixed and submitted a plan to implode the unfinished luxury hotel and condominium tower.
MGM Resorts reverses second-quarter loss
9 Aug 2011
MGM Resorts executives said visitation trends in Las Vegas were strong in the first six months of the year at the company's 10 Strip resorts.
The Mirage welcomes new dolphin calf
9 Aug 2011
A new dolphin calf born at The Mirage in Las Vegas was named "K2" by a lucky couple who got to choose the name through the M Life loyalty program.
More than 1,500 pay tribute to Lanni at memorial
25 Jul 2011
Former MGM executive Terry Lanni, who died of cancer on July 14, was was remembered in a memorial service Friday in South Pasadena, Calif.
MGM Resorts wants more time to sell Borgata stake
25 Jul 2011
MGM Resorts wants to have 48 months to sell its 50 percent stake in the Borgata Hotel Casino and Spa in Atlantic City.
Gaming veteran Terry Lanni dies at 68
18 Jul 2011
Former MGM executive Terry Lanni died Thursday night at his home in Southern California after a two-year fight with cancer
Gaming stocks show modest increases in May
1 Jun 2011
Financial consultant Applied Analysis said the gaming industry seems to be rebounding from the nearly two-year-long recession.
MGM IPO raises $1.4 billion in Macau
31 May 2011
MGM Resorts International's initial public offering on the Hong Kong Stock Exchange raised $1.4 billion in Asian markets.
Macau's MGM China gets lift from investors
18 May 2011
Four investors invest $190 million during MGM China's $1.5 billion public offering in Hong Kong.
Tunica casinos to reopen after flooding
18 May 2011
Receding Mississippi River floodwaters are allowing casinos in Tunica, Miss., to get back to business.
MGM Resorts hopes to raise $1.5 billion in IPO
18 May 2011
MGM Resorts International, through the company's joint venture partner in Macau, hopes to raise $1.5 billion in an initial public offering on the Hong Kong Stock Exchange, according to a term sheet for the sale.
Hong Kong IPO looks promising for MGM
16 May 2011
A long-awaited stock offering by MGM Resorts International on the Hong Kong Stock Exchange is close to fruition, and it turns out the nearly 18-month wait could be profitable.
Hong Kong analysts confident on MGM Macau IPO
10 May 2011
An initial public offering by MGM Resorts International on the Hong Kong Stock Exchange could raise more than $1 billion.
MGM Resorts scales back Nevada hotel
9 May 2011
MGM Resorts International has closed a 500-room hotel tower and reduced restaurant and gaming activities at the Gold Strike in Jean.
Gaming revenues top $2.6 billion in Macau
3 May 2011
Casinos in the Chinese gaming enclave collected $2.6 billion in April from gamblers, a 44.6 percent increase compared to April 2010.
Hong Kong officials want more info on MGM IPO
29 Apr 2011
The Listing Committee of Hong Kong Exchanges & Clearing was reportedly concerned about the shareholding structure of MGM Resorts.
MGM Resorts will gain majority ownership of MGM Grand Macau
13 Apr 2011
The change in ownership will occur once MGM Resorts' initial public offering is listed on the Hong Kong Stock Exchange.
Nevada governor supports federal online poker legislation
12 Apr 2011
Gov. Brian Sandoval said he supported Congress approving online poker legislation rather than having the issue decided on a state-by-state basis.
Nevada gaming revenues fall again
11 Apr 2011
Statewide casino revenues dipped nearly 7 percent in February, which was Nevada's fourth straight monthly decline.
Macau sees historic March with $2.5 billion in revenue
1 Apr 2011
Macau casinos shatters its monthly gaming revenue records during March, collecting the equivalent of $2.5 billion from gamblers.
Southern Nevada the home of plenty of billionaires
11 Mar 2011
Forbes magazine released its list of the world's billionaires Wednesday, and 16 of those billionaires live or do business in Las Vegas.
Wynn Resorts named most admired Vegas company
4 Mar 2011
Fortune named Wynn Resorts the fourth most admired company in the category of hotels, casinos and resorts, the highest Las Vegas company.
February a mixed bag for gaming stocks
1 Mar 2011
Four out of the 10 publically traded casino companies and slot manufacturers charted by Applied Analysis say increases in their daily stock price.
Casinos rename their corporations for many reasons
28 Feb 2011
MGM Mirage and Harrah's Entertainment switched their corporate names last year for entirely different reasons.
MGM Resorts adding new options, fees
24 Feb 2011
MGM Resorts received criticism for a $20 charge to guarantee a nonsmoking room at the MGM Grand. The company has since removed the charge.
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