Bellagio
MGM aims to reopen Las Vegas casinos on June 4
MGM Resorts International has announced plans to reopen its casinos in Las Vegas on June 4, in line with measures set out by Governor Steve…
MGM revenue falls but property sales increase profits in Q1
MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…
MGM revenue declines in first two months of 2020
MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…
MGM revenue increases beyond $12bn in 2019
Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…
Blackstone to acquire MGM Grand and Mandalay Bay for $4.6bn
MGM Resorts International has struck a deal to sell its MGM Grand and Mandalay Bay properties on the Las Vegas Strip to private equity giant…
MGM Resorts boosted by Chinese growth in Q3
North American gaming giant MGM Resorts saw a 9% rise in revenue in Q3 as it benefitted from growth across its casino properties in the…
MGM Resorts to sell Bellagio and Circus Circus for over $5bn
Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income…