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Maryland Casino Revenue Surges Eight Percent in 2018, MGM National Harbor Pays for Jackpot Error
Maryland casino gross gambling revenue (GGR) jumped 8.2 percent in 2018 to nearly $1.75 billion. That's the state's all-time best. Five of Maryland's six casinos won more money in 2018 than in...
Jim Murren Meets with Osaka Officials as MGM Opens Local Office for IR Bid
MGM Resorts International Chairman and CEO Jim Murren met with several prominent officials in Osaka on Thursday, a day before the company set up an office in the city. Murren met specifically...
MGM National Harbor Enters Wrong Social Security Number, Annuls Woman’s Jackpot Payout
MGM National Harbor in Maryland is apologizing to a patron after casino staff wrongly entered her Social Security number and annulled a substantial slot machine jackpot win. Cynthia Obie tells FOX 5...
Outgoing Nevada Governor Brian Sandoval Joins MGM Resorts, Will Focus on Japan
Former Nevada Governor Brian Sandoval (R) is just one day removed from office, but the politician isn't taking time off after serving two terms. Instead, the Republican is joining MGM Resorts to...
MGM Resorts to Lay Off Three Percent of Workforce to Reduce Costs, Increase Earnings
MGM Resorts revealed this week in its "2020 Plan" that it will trim its total workforce by roughly three percent over the next 12 months, which means around 2,100 current staffers will...
Empire City Casino Sale to MGM Resorts Postponed by New York Gaming Commission
Ownership of the Empire City Casino in Yonkers, New York, was expected to formally change hands to MGM Resorts today. But late last night, state gaming regulators abruptly canceled a planned meeting...
Macau Chief Gaming Regulator Mum on Whether MGM and SJM Will Be Granted License Extensions
The head of the Macau Gaming Inspection and Coordination Bureau (DICJ) told local news reporters that he had no update on the odds of whether MGM China and SJM Holdings would be...
MGM Real Estate Investment Trust Paying for Monte Carlo Renovation, Increases Annual Lease by $50M
MGM Growth Properties (MGP), the casino operator's real estate investment trust (REIT), announced this week that it's paying for the Monte Carlo transformation to split the Strip resort into Park MGM and...
MGM Springfield Reports Third Consecutive Monthly Revenue Decline, Connecticut Tribes Renew Satellite Casino Push
MGM Springfield has won fewer gross gaming revenue dollars in each month since it opened in August. The $960 million integrated casino resort reported a roughly 4.5 percent decline in November compared...
MGM Casino Mogul Kirk Kerkorian’s Estate Settles with Widow for $12.5 Million
The widow of MGM Resorts International founder?Kirk Kerkorian?will receive $12.5 million from the billionaire’s estate, despite waiving away her claim his fortune when she signed a prenup four years ago. Una Davis...