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MGM Resorts Added to S&P 500, Company Should Benefit From Increased Trading
MGM Resorts International will become the newest member of the revered S&P 500 prior to the open of trading on Wednesday, July 26. The stock's addition to the Standard and Poor's index...
MGM Springfield Ahead of Schedule on Casino, But Behind on Housing Development
MGM Springfield has received approval from the city council there to push back a deadline to develop 54 units of market-rate apartments. The housing project is part of the casino company's commitment...
Las Vegas Sands, MGM Have Upper Hand in Japan, Tokyo Likely Out for Integrated Resort Casino
Las Vegas Sands and MGM Resorts are best positioned to be dealt coveted integrated resort (IR) casino licenses in Japan, which will be handed out at the very earliest sometime in 2018,...
Dismissed MGM Resorts Lawsuit Against Connecticut Upheld by Appeals Court
MGM Resorts was not placed at a competitive disadvantage in trying to build a casino in Connecticut on non-tribal land. That's according to the 2nd US Circuit Court of Appeals in Manhattan,...
MGM CEO Jim Murren Pushes Back Against Trump Travel Ban and Budget Plans
MGM Resorts CEO Jim Murren, a longtime Republican, publicly endorsed Democrat Hillary Clinton last year for the White House. Though the now-president once worked in the same industry, Murren felt the former...
MGM Resorts and Caesars Ready to Invest in Atlantic City, Christie Pledges Additional Relief
MGM Resorts and Caesars Entertainment are prepared to make further investments in Atlantic City, as the fiscally troubled oceanfront gambling town slowly begins to reverse its dire economic course. New Jersey Governor...
Sands Bethlehem Sale to MGM Resorts Reportedly Falls Through
Sands Bethlehem in Pennsylvania will remain under the Las Vegas Sands corporate umbrella for the foreseeable future after acquisition talks with MGM Resorts reportedly failed to reach a deal. The news was...
Pennsylvania Casinos Set Table Games Record, MGM Still Eyeing Sands Bethlehem
Pennsylvania casinos pull in more total gaming revenue than Atlantic City, and nearly a third of what Nevada does each month. And April was yet another strong month for Commonwealth's?12 gambling destinations....
MGM Cotai to Generate $220 Million in 2018, Analysts Predict
MGM Cotai is scheduled to open in the last quarter in 2017, and after it does, Fitch Ratings believes the $3.3 billion resort will drive?strong profits for the Nevada-based casino conglomerate. MGM...
Sands Bethlehem Buries Expansion, MGM Buyout Talks Continue
Sands Bethlehem is folding on a $90 million expansion project that would have added almost 100,000 square feet to the Pennsylvania casino resort. The decision to halt construction is rumored to be...