Latest MGM Resorts International News

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon)

Asian shares fall as caution sets in after Wall St retreat

Sep. 23, 2020 11:05 PM EDT

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the...

Former Nevada governor Sandoval named new UNR president

Sep. 17, 2020 8:28 PM EDT

RENO, Nev. (AP) — Former Nevada Gov. Brian Sandoval has been named president of the University of Nevada, Reno. University regents voted Thursday to hire the former two-term Republican governor, U.S. District Court judge and MGM Resorts International executive to begin Oct. 5 with a four-year contract....

FILE - In this Dec. 28, 2005, file photo, Judy King of Daytona Beach, Fla., holds her cigarette while playing a slot machine at the MGM Grand hotel-casino in Las Vegas. One of the last Las Vegas Strip resorts to reopen after coronavirus closures will be the first to be smoke-free, MGM Resorts International announced Monday, Sept. 14, 2020. Park MGM will prohibit tobacco smoke inside when it opens Sept. 30, said Anton Nikodemus, president and chief operating officer of the 3,000-room property that many remember as the Monte Carlo casino-hotel. (AP Photo/Jae C. Hong, File)

MGM Resorts adopts smoke-free policy for Vegas Strip casino

Sep. 14, 2020 8:53 AM EDT

LAS VEGAS (AP) — One of the last Las Vegas Strip resorts to reopen after coronavirus closures will be the first to be smoke-free, MGM Resorts International announced Monday. Park MGM will prohibit tobacco smoke inside when it opens Sept. 30, said Anton Nikodemus, president and chief operating officer of...

This May 15, 2019 photo shows the exterior of the Ocean Casino Resort in Atlantic City N.J. On Sept. 10, 2020, a federal judge in Nevada ordered a former Borgata casino executive who left to work at the Ocean casino return a cell phone containing valuable information on Borgata's top players and highest-rollers. (AP Photo/Wayne Parry)

Defected casino exec must return phone with high-roller info

Sep. 11, 2020 3:43 PM EDT

ATLANTIC CITY, N.J. (AP) — An executive who left Atlantic City's top casino to work for a competitor must return a cellphone laden with valuable information on his previous employer's highest rollers and best customers, a federal judge ordered. U.S. District Judge Gloria Navarro issued a temporary...

FILE - In this Oct. 3, 2017, file photo, windows are broken at the Mandalay Bay resort and casino in Las Vegas, the room from where Stephen Craig Paddock fired on a nearby music festival, killing 58 and injuring others, on Oct. 1, 2017. An $800 million settlement by casino giant MGM Resorts International could be in the hands of more than 4,400 relatives and victims of the deadliest mass shooting in recent U.S. history by January 2021. (AP Photo/John Locher, File)

Las Vegas shooting victims closer to getting $800M payout

Sep. 10, 2020 9:14 PM EDT

LAS VEGAS (AP) — More than 4,400 relatives and victims of the deadliest mass shooting in recent U.S. history could receive a total of $800 million in payouts from MGM Resorts International and its insurers by January, the casino giant and attorneys said Thursday. After a year arranging details, Robert...

FILE - In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston.  DraftKings shares jumped 4% in morning trading, Wednesday, Sept. 2, 2020 after announcing that basketball legend Michael Jordan would take an ownership stake in the company in exchange for becoming a special adviser to the sports betting site.  (AP Photo/Charles Krupa, File)

Michael Jordan gets stake in DraftKings for advisory role

Sep. 2, 2020 5:27 PM EDT

SILVER SPRING, Md. (AP) — DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports betting site. Jordan is getting stock in DraftKings in exchange for providing “guidance and strategic advice” to the...

Vegas casinos-unions pact extends health benefits into 2021

Sep. 1, 2020 7:06 PM EDT

LAS VEGAS (AP) — Tens of thousands of working or furloughed employees at the two largest Las Vegas casino companies will keep family health benefits until March 1 under an agreement involving unions representing bartenders and culinary workers, officials said. The pact, announced Monday, affects about...

A vinyl sign on a building on Spring Street in Williamstown, Mass., promotes and thanks people for wearing masks, while doing business in their downtown, Tuesday, Sept. 1, 2020. The signs were installed on Tuesday. Williamstown is home to Williams College, which is seeing students return to campus this week. (Gillian Jones/The Berkshire Eagle via AP)

Virus news: Governor cautions students; layoffs at casinos

Sep. 1, 2020 5:12 PM EDT

BOSTON (AP) — Massachusetts Gov. Charlie Baker urged college students Tuesday to “be smart" as thousands flock to Boston for the fall semester, bringing with them the risk of a coronavirus surge. “I think the most important thing I would say to kids is, wear the face covering, follow the...

Dealers carry out a game of roulette at the Ocean Casino Resort in Atlantic City N.J. on June 18, 2019.  In a lawsuit filed Thursday, Aug. 27, 2020, Atlantic City's top casino, the Borgata, accuses Ocean Casino Resort of poaching its top marketing executives, including one with a cell phone containing priceless information on the Borgata's top customers, who spend $1.5 million to $4 million per visit. (AP Photo/Wayne Parry)

Borgata: Ocean Casino is poaching our execs, trade secrets

Aug. 28, 2020 4:10 PM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's top casino is accusing a rival of poaching a half-dozen of its top marketing executives in an attempt to “cripple” it by using secret details about its best and most profitable customers. In a lawsuit filed Thursday in Nevada, the Borgata casino...

FILE - In this Aug. 3, 2015, file photo, a man rides his bike past the MGM Grand hotel and casino in Las Vegas.   MGM Resorts plans to lay off 18,000 workers as the casino company struggles with the fallout from the pandemic. The Las Vegas-based parent of the Bellagio said in a letter to employees that furloughed employees will keep health benefits until Sept. 30, 2020 according to a report in The Wall Street Journal. (AP Photo/John Locher, File)

In a week of layoffs in the US, MGM Resorts adds 18,000 more

Aug. 28, 2020 2:26 PM EDT

MGM Resorts is laying off 18,000 people as an unchecked pandemic leaves economic scars across a broad swath of U.S. industries, particularly those that rely on healthy crowds of people. The layoffs at MGM, which amount to about a quarter of its U.S staff of about 70,000, caps a wave of job cuts and buyouts this...