Latest MGM Resorts International News

Mixed finish for US stock indexes over weak retail sales

Feb. 14, 2019 4:54 PM EST

U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index. Losses in banks and retailers and consumer products makers offset gains in health care stocks, technology companies and elsewhere in the market...

Cisco Systems rises while Coca-Cola, AIG fall on Wall Street

Feb. 14, 2019 4:36 PM EST

Stocks that moved substantially or traded heavily on Thursday: MGM Resorts International, down $1.86 to $27.37 The casino operator beat Wall Street forecasts, but CEO Jim Murren raised concerns over a government opinion that could hamper interstate waging. Cisco Systems Inc., up 90 cents to $48.40 The technology...

MGM CEO: Feds' Wire Act opinion is perplexing, unenforceable

Feb. 13, 2019 9:05 PM EST

LAS VEGAS (AP) — The chairman and chief executive officer of casino operator MGM Resorts International on Wednesday decried a U.S. Department of Justice opinion that is threatening the viability of online gambling and also blamed the recent partial government shutdown for fewer Las Vegas visitors during...

Gamblers bet on new US football league despite no history

Feb. 13, 2019 4:11 PM EST

ATLANTIC CITY, N.J. (AP) — Almost no one knows the players and there's virtually no history to look back on. But that's not stopping gamblers from making — and bookmakers from taking — bets on America's newest professional football league, the Alliance of American Football (AAF). With one...

US sports leagues split on how to monetize sports betting

Feb. 4, 2019 11:59 AM EST

ATLANTIC CITY, N.J. (AP) — America's major professional sports leagues are split on how to get a piece of the action from legal sports betting after failing to get early adopting states to cut them in. But they are back in the game this year with several state legislatures considering granting them fees...

Las Vegas says charm will keep bettors coming for Super Bowl

Feb. 1, 2019 8:35 PM EST

LAS VEGAS (AP) — Thousands of football fans from around the country converge at Las Vegas casinos every February to place their bets on the Super Bowl's winner, MVP, first touchdown scorer and hundreds of other outcomes. They cheer, boo and hold their breath as they watch every moment of the game at...

Britney Spears puts Vegas shows on hold due to dad's health

Jan. 4, 2019 2:09 PM EST

LAS VEGAS (AP) — Britney Spears is putting her planned Las Vegas residency on hold to focus on her father's recovery from a life-threatening illness. The pop superstar announced Friday she is going on an indefinite work hiatus. Her residency was scheduled to kick off in February at Park Theater at the Park...

NFL parlays with Caesars as sponsor minus sports betting

Jan. 3, 2019 2:05 PM EST

The NFL entered a partnership with Caesars Entertainment on Thursday, the league's first official casino sponsor. The multiyear deal, however, does not include sports betting or fantasy football. The arrangement begins with this weekend's playoffs and is worth $30 million annually for three years, a person with...

Las Vegas to welcome 2019 with superstars, fireworks show

Dec. 27, 2018 2:23 PM EST

LAS VEGAS (AP) — No other city does New Year's Eve like Las Vegas. Lady Gaga, Bruno Mars and Gwen Stefani are among the superstars who will be ushering in the new year with performances at venues on the Las Vegas Strip, while more than 300,000 people are expected to gather on the world-famous corridor...