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FBI Issues Cybersecurity Advisory on Group that Targeted MGM, Caesars
The Federal Bureau of Investigations (FBI) has released a Joint Cybersecurity Advisory about Scattered Spider, the infamous hacking group that recently targeted both MGM Resorts International and Caesars Entertainment. The FBI, in...
VEGAS MYTHS RE-BUSTED: The Old MGM Grand Was Imploded After the Fire
EDITOR’S NOTE: “Vegas Myths Busted” publishes new entries every Monday, with a bonus Flashback Friday edition.?Today’s entry in our ongoing series originally ran on Aug. 26, 2022. The 43rd anniversary of the...
BetMGM Sees Las Vegas Grand Prix Shattering Race Handle Records
It’s Las Vegas Grand Prix Week in Sin City, and the return of Formula One (F1) to the U.S. casino center. The event will generate record weekend betting tallies for Strip integrated...
MGM Could Wait Before Bidding Anew for Entain
If MGM Resorts International (NYSE: MGM) is mulling another acquisition bid for Entain Plc (OTC: GMVHY), it could take a while for that offer to come to light. That’s the take of...
Colorado Man Pleads Guilty to Damaging Solar Array Linked to MGM Casinos
The man who drove his car through a fence at a solar power facility before igniting a fire pleaded guilty last week in a Las Vegas court. Mohammed Mesmarian, 35, a one-time...
Former MGM Resorts CEO Jim Murren Finally Finds Buyer for Summerlin Mansion
Jim Murren finally found a buyer for his Summerlin mansion in The Ridges, the ritzy gated community in the foothills of the Spring Mountains, more than three years after he and his...
Macau Casinos ‘Booming,’ MGM China to Renovate Resort Guest Rooms
Macau casinos continue to see their businesses recover from the COVID-19 pandemic, after China President Xi Jinping lifted his "zero-COVID" policy late last year. During his firm's third-quarter earnings call this week,...
MGM Resorts Reported Close to Culinary Deal as Strike Deadline Looms
MGM Resorts said it's moving toward a deal with approximately 20K Las Vegas hospitality workers just hours before a threatened walkout. MGM CEO Bill Hornbuckle announced on Wednesday that a tentative settlement...
MGM Beats Q3 Earnings Despite Cyberattack, Unveils New $2B Buyback Plan
Shares of MGM Resorts International (NYSE: MGM) rose slightly during Wednesday after-hours trading session after the largest operator on the Las Vegas Strip delivered estimate-beating third-quarter results despite the adverse effects of...
Taylor Swift Having Meaningful Impact on Sports Betting Business, Says BetMGM
Taylor Swift, much to the chagrin of many NFL diehards, is one of the biggest storylines of the 2023-24 regular season. While the nonstop media coverage of the pop star attending her...