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Dubai Delays Casino Resort Approvals in Potential Blow to MGM
In what could be a temporary blow to MGM Resorts International’s ambitions in the United Arab Emirates (UAE), Dubai will reportedly delay plans to approve casino resorts. In partnership with Wasl Hospitality...
Entain Should Consider BetMGM Compromise, Says Analyst
Entain Plc (OTC: GMVHY), which has seen its market value slump considerably this year, has at least two paths to consider to reverse course. That’s the take of Susquehanna analyst Joseph Stauff,...
Cyberattacks Like Those That Hit MGM, Caesars Targeted in Expanded Pact
The recent cyberattacks that hit MGM Resorts International, Caesars Entertainment, and other companies have brought countries together, according to Reuters. The U.S.-led International Counter Ransomware Initiative (CRI) is expanding its scope and...
Marriott, MGM Postpone Points Partnership Following Cyberattack
Marriott International and MGM Resorts International will delay their widely anticipated customer loyalty partnership until next year after the casino operator endured a ransomware attack in September. In July, the two travel...
MGM Springfield Settles Pay Violations for $6.8M, State to Collect Most of the Money
MGM Springfield has agreed to pay more than $6.8 million in the form of restitution and penalties to settle a multiyear investigation conducted by the Massachusetts Attorney General's Office and its Fair...
Caesars, MGM Hackers Often Resort to Extortion, Threats of Violence, Says Microsoft
“Scattered Spider,” the cyber threat actors who recently hacked Caesars Entertainment and MGM Resorts International, have ties to a broader group of cyber bandits known as “Octo Tempest” that's known for extorting...
MGM, Wynn Highlighted as Travel, Leisure Stock Winners
On a day of broad-based strength for gaming equities, MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ: WYNN) were two of the standouts after a sell-side analyst waxed bullish on travel...
MGM Stock Draws Analyst Praise Following Cyberattack
Following a September cyberattack that temporarily paralyzed operations at its domestic casino hotels, ?MGM Resorts International (NYSE: MGM) experienced a decline of more than 20% -- the definition of a bear market...
MGM Director Meister Says Company Responded ‘Rationally’ to Cyberattack
Keith Meister, the hedge fund manager who’s a member of the board of directors at MGM Resorts International (NYSE: MGM), said the casino operator responded “rationally” to a September cyberattack. He added...
Dennis Rodman Ex-Agent Sues MGM Grand Over ‘Ketamine-Spiked’ Drink
A California high roller who was Dennis Rodman’s agent in the 1990s is suing the MGM Grand in Las Vegas. He claims his drink was spiked with ketamine in one of the...