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BetMGM Hindered Deal with DrafKings, Says Entain CEO Nygaard-Andersen
Entain Plc's (OTC:GMVHY) 50 percent stake in BetMGM was one of the reasons why the company's courtship with DraftKings (NASDAQ:DKNG) recently fell apart. Entain CEO Jette Nygaard-Andersen made comments to that effect...
MGM Resorts Osaka Partner in Japan Sets Aside $2.4B for Casino Project Start
An integrated resort (IR) consortium led by MGM Resorts and Orix Corporation is the preferred casino developer in Japan's Osaka Prefecture. The combined group has proposed an IR development with a total...
Live! Casino is Top Maryland Earner for Only Second Time Since 2016 MGM Opening
Live! Casino Hotel Maryland was the state's top grossing casino in October. It's only the second time since MGM National Harbor opened in December of 2016 that the Anne Arundel County gaming...
MGM In Early Talks to Sell Mirage Operating Rights, Suitor List Likely Long
MGM Resorts International (NYSE:MGM) confirmed on its third-quarter earnings conference call Wednesday that it has commenced the sale process for the Mirage on the Las Vegas Strip. That brings an end to...
VICI Investors Approve Share Issuance for MGM Growth Properties Acquisition
VICI Properties (NYSE:VICI) shareholders have approved the issuance of a massive amount of new equity. The goal is to fund the company's $17.2 billion all-stock acquisition of rival MGM Growth Properties (NYSE:MGP)....
MGM Resorts Raises Over $100M in Picasso Selloff
MGM Resorts cashed in 11 Picassos for a total of $109 million via a Sotheby’s auction at the Bellagio in Las Vegas on Saturday. The artworks were part of the MGM Resorts...
As Empire City Turns 15, MGM Resorts Reiterates Interest in Full Casino License
October marks the 15th anniversary for the Empire City Casino, and according to a release from MGM Resorts International, the Yonkers, NY facility heralded the occasion by reaching another milestone. Earlier this...
MGM Resorts Sued For $3M Over Alleged Gold Strike Casino Tunica Bed Bugs
A twice-bitten Memphis, Tenn. woman is suing MGM Resorts for $3 million in a federal court. She claims she was savaged by bed bugs in two separate hotel rooms at the Gold...
MGM Resorts Employees Heed Vaccination Call, 98 Percent of Salaried Workers Inoculated
MGM Resorts gave the vast majority of its salaried US employees an October 15 deadline to become fully vaccinated against COVID-19. In a letter to staff this week, CEO Bill Hornbuckle said...
MGM Northfield Park Agrees to $15M Settlement with Local School District
MGM Northfield Park and Nordonia Hills City School District in Ohio have reached a property tax settlement. The agreement will result in the public education system receiving more than $15 million over...