James Murren | World Casino News

MGM Resorts International REIT lodges offer to buy rival

January 17, 2018

Latest Casino and Gambling News, U.S.A., Casino News, Mergers, Acquisitions & Partnerships

The real estate investment trust (REIT) established in 2016 by American casino giant MGM Resorts International is reportedly offering to fully purchase the counterpart that manages some 20 gaming properties own...

MGM Resorts International backing Osaka bid for World Expo 2025

Adam Morgan

December 7, 2017

Latest Casino and Gambling News, Casino News, Japan, Mergers, Acquisitions & Partnerships

American casino giant MGM Resorts International has reportedly announced that its newly-established MGM Resorts Japan subsidiary has followed rival Melco Resorts and Entertainment Limited in becoming an officia...

MGM Resorts International officially announces plan for Connecticut casino

Adam Morgan

September 19, 2017

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, Connecticut

Yesterday reportedly saw American casino giant MGM Resorts International officially unveil a plan that could see it spend upwards of $675 million in order to bring a casino and entertainment complex to Connecti...

Redevelopment of Sands Casino Resort Bethlehem put on hold

Adam Morgan

May 10, 2017

Latest Casino and Gambling News, Casino expansion projects, Mergers, Acquisitions & Partnerships, Pennsylvania

In Pennsylvania, casino operator Las Vegas Sands Corporation has reportedly halted the first stage of a planned $800 million redevelopment of its Sands Casino Resort Bethlehem as it continues negotiations to se...

Connecticut casino debate turns ugly as MMCT Venture releases attack ad

Adam Morgan

May 5, 2017

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Connecticut

As lawmakers in Connecticut continue to consider two pieces of rival legislation relating to the proposed expansion of casino gambling in the eastern state, the joint venture of the Mohegan Tribal Gaming Author...

MGM Cotai opening date moved to fourth quarter

Adam Morgan

May 2, 2017

Latest Casino and Gambling News, Casino project updates, Macau

After declaring in January that its MGM Cotai development would not be opening until the second half of 2017, American casino operator MGM Resorts International has now reportedly revealed that the $3.1 billion...

Hard Rock looking to take up to a 60 percent stake in Japanese casino

K Morrison

February 22, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Japan, Mergers, Acquisitions & Partnerships

With regulation of what industry analysts say could become the second biggest casino market in the world expected to be ironed out in law by December, Hard Rock Cafe International, Inc. is eyeing a 60 percent s...

Tracinda Corporation selling all of its stake in MGM Resorts International

Adam Morgan

February 15, 2017

Latest Casino and Gambling News, Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships

Private investments firm Tracinda Corporation has revealed that it will be selling the around 16% stake it holds in American casino giant MGM Resorts International to Swiss investment bank UBS for approximately...

MGM Resorts willing to spend as much as $10 billion on Japan casino, possibly via REIT

K Morrison

October 31, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Japan

On Monday, Las Vegas-based MGM Resorts International (MGM.N) Chief Executive Officer James Murren said that the company could spend close to $10 billion on an integrated resort (IR) in Japan via a publicly trad...

MGM Resorts CEO meets with officials in Atlanta and reaffirms commitment to build $1 billion casino resort

Renee Kingsley

October 6, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Georgia

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MGM Resorts announced earlier this week that it would open its $1.4 billion MGM National Harbor casino in Maryland on December 8, 2016. The casino operator is also developing its$900 million MGM Springfield cas...

Major changes to Springfield casino design discussed by MGM

K Morrison

November 16, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Massachusetts

Las Vegas casino giant MGM will give a presentation to city officials at a forum on Wednesday at the City Stage in Massachusetts that will explain the reasons and implications for the significant changes planne...