Tag: MGM
MGM10 Jun, 2020 MGM announces reopening of fourth Las Vegas strip property
The lights, fire and fountains are back in one of the world’s most electric cities, Nevada, Las Vegas! After several dark days since March 2020, more than half of the nation’s major casinos have reopened. Operators and owners are ready to ramp things up with another round of...
MGM30 Mar, 2020 Casinos burning millions per day depleting cash reserves
The casinos around the world have been temporarily shut down to help mitigate the spread of COVID-19 but the operators of these casinos are having a hard time, as they continue to spend their cash reserves with almost no revenue. Especially, the US gaming company, the famous MGM Resorts...
MGM16 Feb, 2020 Jim Murren to resign as MGM Resorts Chairman and CEO
Las Vegas based MGM Resorts International (MGM) is known for operating hotels and casino resorts across the world. Recently, the company’s share price took a beating after Chairman and CEO Jim Murren decided to step down from both these positions he holds at the company. The compa...
MGM17 Oct, 2019 MGM sells iconic Las Vegas casino for $4.2 billion
The iconic United States based casino firm MGM Resorts International proposed to sell the Las Vegas Strip resort the Bellagio in a $4.2 billion deal. They also sold the Circus Circus Las Vegas venue for $825 million. The company announced that they have agreed to form a joint venture wi...
MGM15 Mar, 2019 MGM hopes to bring Las Vegas-style gaming to New York
MGM Resorts is one of the grandest casinos among a host of others located in the sin city, Las Vegas. MGM had recently purchased the Empire City Casino at Yonkers Raceway in Yonkers, New York this January. Now, they have decided to act on their NY expansion plans further by seeking a fu...
MGM08 Mar, 2019 MGM Resorts will soon have robot bartenders and cashiers
The iconic MGM Resorts in Las Vegas has recently announced in a post that they will replace some of the existing human employees at the casino with robots very soon. The company has already received much backlash from the employees within a day of making the announcement. MGM Resorts ha...
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