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Casino
November 10, 2021
MGM and Orix Ready to Spend $10B on Osaka Integrated Resort
Japan’s Osaka prefecture has a favorite for a future casino complex developer as part of the integrated resort (IR) that will transform the country into one of the most important destinations in Asia for gambling. The consortium led by MGM Resorts, in collaboration with Orix Corporation, is proposing to invest $10 billion in building an […]
Business
November 4, 2021
MGM Resorts Initiates Plans to Sell Its Mirage Casino in Vegas
On MGM Resorts International’s latest earnings call this week, CEO Bill Hornbuckle revealed that MGM Resorts International was in the initial stages of selling The Mirage’s operations. The Mirage, which opened on the Las Vegas Strip in 1989, has been an emblematic property of the Vegas action since then. There were no deadlines or potential […]
Casino
October 21, 2021
MGM Resorts Calls Max Vaccination Program a Success
MGM Resorts has become one of the latest hospitality and casino operators to have successfully incentivized its workforce into taking a COVID-19 jab. The company announced in August that its workforce would have two months to vaccinate or start taking mandatory COVID-19 tests if they want to show up for work. The deadline set for October 15 has […]
Casino
October 13, 2021
MGM Northfield Reaches Tax Settlement Deal With Ohio School System
The Nordonia Hills School District in Ohio will receive a $15 million payment from MGM Northfield Park as a tax settlement over the Northfield racino, as announced on Monday. The fiscal office records of Summit County reported that the lots where various harness racing and casino operations are taking place at Summit County’s northern edge […]
Industry
September 28, 2021
MGM Resorts Wins a Race in Which It Was the Only Participant
It’s almost impossible to lose a race in which you’re the only competitor, so it’s likely that MGM Resorts International wasn’t too concerned about not being selected as a casino operator for Osaka, Japan. The prefecture is hoping to win approval to host an integrated resort (IR) and, leading up to the close of the […]
Casino
September 27, 2021
MGM Resorts Agrees to $1.6B Cosmopolitan Operations Purchase
MGM Resorts signed a definitive agreement with Blackstone to acquire the operations at The Cosmopolitan of Las Vegas for $1.625 billion in cash, the casino company announced today. Buy the Operations, Rent the Property The price of the transaction that is expected to close in the first half of 2022, subject to regulatory approvals and […]
Industry
September 27, 2021
AGA Adds BetMGM, MGM Resorts to “Have A Game Plan”
The American Gaming Association (AGA) continues to champion responsible gambling through its dedicated initiative known simply as “Have A Game Plan,” now backed by MGM Resorts and BetMGM. The partnership was revealed during AGA’s Responsible Gaming Education Week or RGEW for shore. Helping Gamblers Understand Safer Gambling This campaign focuses on educating crowds about sports betting as the US embraces […]
Industry
September 24, 2021
The Nevada Gaming Commission Bids Farewell to its Chair and to Dubai World
Thursday was the D-Day for Dubai World, as the Nevada Gaming Commission (NGC) has signed off on Dubai World’s exit. Dubai World, a Dubai investment arm in the UAE, had a 14-year partnership with MGM Resorts International in developing Las Vegas’ own CityCenter. Chairman John Moran also said goodbye to the Commission who has been […]
Business
September 10, 2021
MGM Has Ambitions to Be a Global Online Gaming Powerhouse
Digital is the future. Online education, remote offices, online movie and video game streaming, ordering Pizza with Alexa are just some of the options that are becoming more prominent. While it doesn’t yet command as much attention as its land-based cousin, online casinos are gaining more traction and the iGaming segment continues to become stronger. […]
Casino
August 25, 2021
MGM Springfield Adds New Sports Lounges, Hopes for Sports Betting
MGM Springfield arrived on the casino scene in Massachusetts three years ago, determined to leave its mark on the state. It has succeeded, even as Encore Boston Harbor steals some of its thunder. The MGM Resorts International property is celebrating its third anniversary in style, introducing two dedicated sports lounges and asserting, “Our best days […]