Latest MGM Resorts International News

FILE - In this Aug. 3, 2020, file photo, a woman wearing a face mask walks by an electronic stock board of a securities firm in Tokyo.  Shares advanced in Asia on Tuesday, Aug. 11, extending another rally that took the S&P 500 to within striking distance of its all-time high set in February. (AP Photo/Koji Sasahara, File)

Asian shares extend rally; S&P 500 within 1% of record

Aug. 10, 2020 11:00 PM EDT

Shares advanced in Asia on Tuesday, extending another rally that took the S&P 500 to within striking distance of its all-time high set in February. Japan’s Nikkei 225 added 1.6% and Hong Kong gained more than 2% in early trading, even as the tally of confirmed new coronavirus cases worldwide topped 20...

Foot Locker, MGM rise; Reata, Kodak fall

Aug. 10, 2020 4:28 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Twitter Inc., up 30 cents to $37.44. The social media company held preliminary talks to buy TikTok's U.S. operations, according to the Wall Street Journal. Simon Property Group Inc., up $3.28 to $65.47. The mall operator is...

A member of a television crew stands dressed as Hindu god Shiva as Nepalese Hindu devotees wearing masks sit after offering prayers from outside the closed gate of Pashupatinath temple during the holy month of Shrawan in Kathmandu, Nepal, Monday, July 20, 2020. The temple has been remaining closed for almost four months as part of measures to control the spread of the coronavirus. (AP Photo/NIranjan Shrestha)

The Latest: Nepal ends 120 days of coronavirus lockdown

Jul. 21, 2020 11:52 PM EDT

KATHMANDU, Nepal — Nepal’s government has ended a lockdown 120 days after it was imposed to control the spread of coronavirus. Information Minister Yuba Raj Khatiwada said the number of cases was declining in Nepal. Government and private offices would be fully functional from Wednesday and all...

Eldorado finishes $17.3B buyout of Caesars Entertainment

Jul. 20, 2020 5:02 PM EDT

LAS VEGAS (AP) — A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world. Eldorado Resorts Inc....

FILE - In this June 24, 2019, file photo, the Eldorado Resort Casino stands in Reno, Nev. Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries. The merger won unanimous endorsement Wednesday, July 8, 2020, after pointed questions from Nevada Gaming Control Board regulators and unanimous approval from the state Gaming Commission. Approval in coming days from regulators in Indiana and New Jersey would create the world's largest casino company under the Caesars Entertainment name. (Colton Lochhead/Las Vegas Review-Journal via AP, File)

Nevada regulators OK company buying Caesars Entertainment

Jul. 8, 2020 8:08 PM EDT

LAS VEGAS (AP) — Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant owning or operating 55 properties in 16 U.S. states and several other countries. “There’s only...

Bellagio error may be biggest sportsbook loss for Vegas

Jul. 4, 2020 8:30 PM EDT

LAS VEGAS (AP) — The nearly quarter-million dollars in winning wagers reportedly placed at MGM Resorts last Sunday might be the largest sportsbook loss in Las Vegas history on bets made after an event has started. Seven longtime Las Vegas bookmakers can’t recall a larger loss, the Las Vegas...

Melonie Johnson, the new president of the Borgata casino poses outside the casino Monday, June 29, 2020, in Atlantic City N.J.  Johnson is making history as the first Black woman to hold the title of president of an Atlantic City casino, and she’s one of only a small handful of women with such a job nationwide.  (AP Photo/Wayne Parry)

Borgata president one of few Black women to run a US casino

Jul. 1, 2020 10:39 AM EDT

ATLANTIC CITY, N.J. (AP) — Melonie Johnson is making history as the first Black woman to hold the title of president of an Atlantic City casino, and she's one of only a small handful of women with such a job nationwide. But right now, she's dealing with a different sort of history-making challenge:...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on bank news

Jun. 25, 2020 11:29 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. Benchmarks in Tokyo, Sydney and Southeast Asia advanced while Hong Kong declined. Chinese markets were closed for a holiday. Wall Street closed higher...

In this June 9, 2020, photo, two employees, work the box office and concessions, in masks, for a showing of The Goonies at the historic Hollywood Theater in Pittsburgh, in its fifth day in operation since COVID-19 forced most indoor theaters across the nation to close mid-March. (AP Photo/Lindsey Bahr)

Rocky business restart and an enticing offer for MLB

Jun. 25, 2020 8:59 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus. ________________________ OUT & ABOUT: Restaurants, professional sports and movie...

Asian stocks skid as new coronavirus cases rattle markets

Jun. 25, 2020 12:15 AM EDT

BANGKOK (AP) — Shares skidded in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround. Markets in Hong Kong, Taiwan and Shanghai were closed for...