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MGM Resorts Might Replace Certain Jobs With Automated Technologies
MGM Resorts announced this week that it is considering reducing a certain number of jobs at its Las Vegas Strip properties that could be performed by automated technologies. For example, the casino...
MGM Springfield Sees Lowest Monthly Revenues Yet in January, Earning Just $19.7M
MGM Springfield earned just $19.7 million in gross gambling revenue in January, the lowest figure yet for the casino since it opened in August 2018. That number marked a nearly nine percent...
MGM Resorts CEO Jim Murren Blasts DOJ Wire Act Opinion, Company Reports Strong 2018 Revenues
MGM Resorts CEO Jim Murren told investors and analysts during the company's Q4 and full-year 2018 earnings call that the Department of Justice's (DOJ) reversal of opinion on the Wire Act is...
MGM-Backed Bill Would Criminalize Casino Cheating in Maryland, Where Scammers Get an Easy Ride
Of all the cheating that goes on in MGM properties across the US, an extraordinary 63 percent of it occurs in just one casino, the MGM National Harbor. That probably makes the...
Analysts Say MGM Resorts Benefiting From Higher Las Vegas Strip Room Rates
JPMorgan and Credit Suisse analysts say MGM Resorts is benefitting in 2019 from higher room rates at several Las Vegas Strip properties. The two financial services firms say in a note published...
Leaked Memo Reveals New MGM Resorts Security Policy to Restrict Movement Around Hotel Properties
A memo leaked by an employee of MGM Resorts and posted on Twitter this week by Vital Vegas revealed that the company has tightened its elevator security policy in response to the...
New York Sports Betting Regulations Proposed, MGM Resorts Completes Empire City Acquisition
New York sports betting regulations were proposed this week by the state's Gaming Commission, and the rules will now undergo a 60-day public comment period. The 33-page document will govern sports betting...
MGM Resorts Forms Special Committee to Review Real Estate Assets
MGM Resorts CEO Jim Murren announced in a brief statement yesterday the formation of an ad-hoc Board committee that will review the casino company's real estate holdings and report back with recommendations...
Crime Surges 300 Percent Around MGM Springfield Since Casino’s August Opening
Crime figures have risen in and around MGM’s new $950 million casino in Springfield, Massachusetts since the property opened in late August, per analysis of the latest statistics. Police claimed in October...
MGM Grand Exploring Ways to Update Las Vegas Strip Frontage
Executives at MGM Grand, the largest Las Vegas resort in terms of hotel rooms, say they're researching ways to make their Strip fa?ade a bit more appealing to pedestrians.? MGM Grand will...