Latest MGM Resorts International News
MGM: Q3 Earnings Snapshot
LAS VEGAS (AP) — LAS VEGAS (AP) — MGM Resorts International (MGM) on Wednesday reported third-quarter earnings of $184.6 million. On a per-share basis, the Las Vegas-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring gains, came to 54 cents per...
Port strikes extend a new era of American labor activism
The U.S. dockworkers who went on strike early Tuesday are just the latest unionized group to back their demands for better contracts by walking off the job to illustrate their value to both the national economy, and their employers' bottom line. Unions representing auto workers,...
Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City's top-performing casino, the Borgata, underpaid some of its internet gambling taxes twice by taking almost $15 million more in credits than it was entitled to. That led the casino to pay $1.1 million less...
Old School: Gaughan’s throwback approach keeps South Point flourishing
Michael Gaughan wields as much influence in the Las Vegas gaming community as the chief executives who oversee some of the Strip’s largest publicly traded resorts. And the 81-year-old Gaughan carries that respect with just a single 2,100-room hotel-casino that sits on 56 acres...
