Tagged Jim Murren

Dividend decisiveness for MGM China Holdings Limited

March 27, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

Macau casino operator MGM China Holdings Limited has reportedly announced that its board has recommended spending just over $40.69 million so as to pay investors a final dividend on its 2019 financial performan...

Coronavirus sees Wynn & MGM suspend ops in Las Vegas: temporary closings also in NY, MA, MI, OH and CA cardrooms

K Morrison

March 16, 2020

Latest Casino and Gambling News, Tribal Gaming, Las Vegas, Casino closures, Gaming Industry News, California, Poker, Massachusetts, Michigan, Nevada, New York, Ohio

There will be a little less "sin" in Sin City for the foreseeable future after two of the biggest operators in Las Vegas, MGM Resorts International and Wynn Resorts, announced they would be closing their flagsh...

MGM Resorts International cancels share buy-back plans

Adam Morgan

March 13, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Anxieties over the financial impact of the ongoing coronavirus outbreak have reportedly prompted American casino operator MGM Resorts International to cancel its plan to buy back shares worth approximately $1.2...

MGM Resorts International inks Las Vegas Raiders alliance

Adam Morgan

January 24, 2020

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

In Nevada and casino operator, MGM Resorts International, has announced the signing of a deal that has seen become the official gaming partner for the Las Vegas Raiders franchise of the National Football League...

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

Adam Morgan

January 15, 2020

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Veg...

MGM Resorts International contemplating further casino sales

Adam Morgan

November 1, 2019

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

The boss for American casino operator, MGM Resorts International, has reportedly announced that his firm is working to implement an ‘asset-light’ strategy that could soon see it offload its giant, MGM Grand Las...

MGM Resorts International agrees ‘historic partnership’ with Verizon Media

Adam Morgan

October 29, 2019

Online gaming software, Latest Casino and Gambling News, U.S.A., New online casinos, Technology, Mobile gaming, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

American digital media innovator, Verizon Media, has announced the signing of a multi-year deal that is to see casino behemoth MGM Resorts International serve as an official sportsbetting partner for its Yahoo!...

Holding firm of late Kirk Kerkorian sells remaining shares of MGM

K Morrison

September 18, 2019

Latest Casino and Gambling News, Las Vegas, Gaming Industry News

The business that once connected the late Kirk Kerkorian and MGM Resorts International (NYSE:MGM) is no more after on Monday the Las Vegas-based global hospitality and entertainment company revealed that the ho...

MGM Springfield premieres stadium gaming facility

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Technology, The Players Lounge, Massachusetts

In an attempt to lure the often elusive younger player onto its gaming floor and MGM Springfield has reportedly premiered a 24-terminal stadium gaming facility offering four titles that encompass roulette and b...

MGM Resorts International reiterates its commitment to Osaka

Adam Morgan

August 23, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Only a day after Las Vegas Sands Corporation revealed that it was abandoning a plan to bring an integrated casino resort to Osaka and the boss for rival American operator MGM Resorts International has reportedl...

MGM Resorts International initiates further round of job cuts

Adam Morgan

June 1, 2019

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Labor Relations

American casino operator MGM Resorts International has reportedly initiated the final stage of the MGM 2020 cost-saving initiative it first unveiled in January by announcing the elimination of a further 1,070 j...

MGM scores home run with Boston Red Sox casino sponsorship deal

K Morrison

March 10, 2019

Latest Casino and Gambling News, MLB, Mobile gaming, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Massachusetts

The first team sponsorship deal between a casino and sportsbook operator and a Major League Baseball (MLB) team is in the books after MGM Resorts International (NYSE:MGM) on Friday, March 8, 2019, announced a m...

MGM Resorts the new owner of Empire City Casino in New York

K Morrison

January 31, 2019

Latest Casino and Gambling News, Horse Racing, Casino News, Sports betting, Mergers, Acquisitions & Partnerships, New York

The Rooney family, known especially for their ownership of one of the NFL's wealthiest franchises, the Pittsburgh Steelers, the oldest franchise in the AFC and winner of six Super Bowl titles, no longer owns Em...

MGM Resorts appoints Keith Meister to Board of Directors

K Morrison

January 21, 2019

Latest Casino and Gambling News, Las Vegas, Employment & Careers

Las Vegas-based global hospitality and entertainment company, MGM Resorts International (NYSE: MGM), recently added a member to its Board of Directors. The appointment of Keith A. Meister (pictured), Chief Inve...

Former Nevada Gov. Sandoval joins MGM Resorts as head of global gaming

K Morrison

January 9, 2019

Latest Casino and Gambling News, Las Vegas, Employment & Careers, Nevada

Las Vegas-based global hospitality and entertainment company, MGM Resorts International (NYSE: MGM), has announced that Nevada's former governor, Brian Sandoval (pictured), will join the 33-year-old company as ...