Latest MGM Resorts International News

Atlantic City's top casino underpaid its online gambling taxes by $1.1M, regulators say

Sep. 05, 2024 14:46 PM EDT

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

Aug. 12, 2024 17:00 PM EDT

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...

MGM: Q2 Earnings Snapshot

Jul. 31, 2024 16:56 PM EDT

LAS VEGAS (AP) — LAS VEGAS (AP) — MGM Resorts International (MGM) on Wednesday reported second-quarter net income of $187.1 million. On a per-share basis, the Las Vegas-based company said it had profit of 60 cents. Earnings, adjusted for non-recurring costs, came to 86 cents per...