Latest MGM Resorts International News

Family of deadly Vegas shooting victim sues gun makers

Jul. 3, 2019 8:57 PM EDT

LAS VEGAS (AP) — The parents of a young woman killed in the 2017 Las Vegas massacre said Wednesday they blame gun manufacturers for their daughter's death. "Someone murdered our daughter," said James Parsons, whose 31-year-old daughter Carrie Parsons was one of 58 people killed when a gunman rained down...

Bristol-Myers, Eldorado Resorts fall; MGM, Del Frisco's rise

Jun. 24, 2019 4:39 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: Eldorado Resorts Inc., down $5.45 to $45.77 The casino and resort operator is buying Caesars Entertainment for $17.3 billion in a cash-and-stock deal. Bristol-Myers Squibb Co., down $3.66 to $45.68 The pharmaceutical company said...

Hotel owner sues insurance company after Vegas mass shooting

Jun. 22, 2019 5:02 PM EDT

LAS VEGAS (AP) — More than 4,000 people are seeking damages from MGM Resorts International related to the Las Vegas Strip mass shooting that left 58 people dead, the casino giant said in a lawsuit alleging its insurance company has failed to pay promised legal costs. Las Vegas-based MGM Resorts alleges...

Bet responsibly? A struggle for some as sportsbook ads widen

Jun. 3, 2019 1:44 PM EDT

ATLANTIC CITY, N.J. (AP) — The tagline makes the solution sound so simple: "Gamble responsibly." It's anything but for those who struggle with compulsive gambling. Instead, the footnote caps a powerful new temptation as ads for sports betting emerge in states that have recently legalized an activity once...

Bet responsibly? A struggle for some as sportsbook ads widen

Jun. 1, 2019 4:27 PM EDT

ATLANTIC CITY, N.J. (AP) — The tagline makes the solution sound so simple: "Gamble responsibly." It's anything but for those who struggle with compulsive gambling. Instead, the footnote caps a powerful new temptation as ads for sports betting emerge in states that have recently legalized an activity once...

Bet responsibly? A struggle for some as sportsbook ads widen

Jun. 1, 2019 12:13 PM EDT

ATLANTIC CITY, N.J. (AP) — The tagline makes the solution sound so simple: "Gamble responsibly." It's anything but for those who struggle with compulsive gambling. Instead, the footnote caps a powerful new temptation as ads for sports betting emerge in states that have recently legalized an activity once...

MGM Resorts announces more job cuts, calls layoffs complete

May. 30, 2019 1:41 PM EDT

LAS VEGAS (AP) — Casino giant MGM Resorts International says it's completing planned layoffs with 779 job cuts, mostly in Las Vegas. CEO Jim Murren told employees the last affected workers would learn Thursday their positions were eliminated. Company spokeswoman Debra DeShong says the job cuts...

Wynn pays record $35.5M fine to Massachusetts

May. 28, 2019 4:46 PM EDT

BOSTON (AP) — Wynn Resorts has paid a record $35.5 million in fines to Massachusetts and won't appeal the decision. The company's board of directors said the company on Tuesday paid the state a $35 million fine as well as $500,000 assessed to CEO Matthew Maddox ahead of Friday's deadline to pay the fines...

WNBA favorite Aces top Sparks, 83-70, to start season

May. 26, 2019 11:45 PM EDT

LAS VEGAS (AP) — Prior to the Las Vegas Aces re-signing reserve forward Dearica Hamby to a three-year contract, she sat with coach and president of basketball operations Bill Laimbeer for a heart-to-heart. She asked the three-time WNBA champion coach what he thought of her, to which he replied he thought...

MGM discontinues talks with Wynn on Encore Boston purchase

May. 21, 2019 10:35 PM EDT

BOSTON (AP) — MGM Resorts International says it will no longer pursue buying Encore Boston Harbor from Wynn Resorts. MGM said Tuesday that stakeholders have concerns. It owns a casino in Springfield and wouldn't have been allowed to operate two in Massachusetts. Wynn Resorts says it agreed to end...