MGM Resorts
MGM Resorts systems down after cyber attack
MGM Resorts International has been forced to shut down certain systems at its properties across the US after identifying a cybersecurity issue. The operator confirmed…
MGM Resorts brings in Yang as customer and innovation chief
MGM Resorts International has appointed Daniel Yang as its new chief customer and innovation officer. In this newly formed role, Yang will lead the company’s…
Detroit casino revenue up 2.9% to $101.5m in June
The three Detroit land-based casinos reported a 2.9% year-on-year increase in revenue in June, though a big win at MotorCity resulted in a sports betting…
MGM Resorts pledges funding to LGBTQ+Nevada project
MGM Resorts International has pledged $25,000 in funding to an LGBTQ+ entrepreneurship organisation in Nevada. The funding was issued to the Nevada Gay and Lesbian…
MGM returns to Q1 net profit after revenue rises 35.8%
MGM Resorts International returned to net profit in the first quarter of its 2023 financial year after year-on-year growth across all operating segments pushed revenue…
BetMGM announces RG marketing campaign as US mulls ad ban
Sports betting and igaming operator, BetMGM has announced its plans to include responsible gaming messages in marketing and advertising campaigns, as a bill is proposed…
MGM Resorts sets industry first with UN Water Mandate commitment
MGM Resorts International has become the first gambling business to endorse the United Nations’ CEO Water Mandate, a global coalition of hundreds of companies committed…
MGM Resorts continues winning streak in Las Vegas
MGM Resorts International reported a fifth consecutive record-breaking quarter in Las Vegas during the final three months of 2022. In a trading update for the…
Fritz to lead MGM online growth as interactive president
MGM Resorts International has appointed Gary Fritz as the new president for its interactive business ahead of its pending acquisition of LeoVegas Group. In his…
MGM Resorts Foundation gives $2.0m to non-profit organizations
MGM Resorts Foundation, the charitable arm of MGM Resorts International, has awarded almost $2.0m worth of grants to non-profit organizations around the US. Funds were…
Hornbuckle hints at further global expansion as MGM revenue hits $6.12bn in H1
MGM Resorts chief executive Bill Hornbuckle suggested the business may look to expand further into new territories after its deal to acquire LeoVegas closes, after…
Atlantic City casinos could lose $1m in EBITDA daily during strike, says union
Labour union Unite Here Local 54 has estimated that Caesars Entertainment and MGM each risk losing $1m (£813,153/€943,067) per day in earnings before interest, tax,…
MGM Resorts to launch revamped rewards programme
MGM Resorts will launch a reimagined and rebranded loyalty rewards programme on 1 February, which it claims will offer “unprecedented” access and new benefits to…
MGM Growth Properties’ profits decline ahead of acquisition by VICI
Real estate investment trust MGM Growth Properties’ (MGP) revenue remained exactly stable at $194.3m in Q3, while profits dipped, ahead of its $17.2bn sale to…