Acquisitions
VICI to acquire MGM Growth Properties in $17.2B deal
In its continuing effort to become asset light, MGM Resorts International has entered into a definitive agreement with VICI Properties…
Bill Hornbuckle
Acquisitions
MGM to sell Aria and Vdara; more transactions…
MGM Resorts has reached an agreement to purchase CityCenter in Las Vegas and sell the Aria and Vdara Hotels on…
Technology
MGM Resorts in Vegas goes solar
MGM Resorts International has launched its 100-megawatt solar array, the hospitality industry’s largest directly sourced renewable electricity project worldwide, according…
Brands
MGM reports $247M Q1 loss
MGM Resorts International reported an operating loss of $247 million for the quarter ended March 31. “We are pleased with…
Brands
MGM Resorts rolls out plan to bring meetings back to Vegas
Following months of trials, MGM Resorts is adding enhancements to its Convene with Confidence program, a comprehensive health and safety…
Brands
Former ESA CEO Halkyard Named MGM Resorts Int’l CFO
LAS VEGAS—MGM Resorts International has named Jonathan Halkyard its new CFO. He is a senior corporate executive who spent 13…
Brands
Las Vegas’ Park MGM to Reopen as Non-Smoking Casino-Resort
LAS VEGAS—MGM Resorts International has revealed that Park MGM and NoMad Las Vegas will open their doors on Sept. 30,…
Finance
Return of Conventions, Entertainment Will Drive MGM Resorts’ Recovery
LAS VEGAS—Temporary closures, travel restrictions and social-distancing measures led to a 91% year-over-year (YOY) net revenue decline for MGM Resorts…
Brands
MGM Resorts Names Hornbuckle CEO, Removes Acting Tag
LAS VEGAS—The MGM Resorts International board of directors has elected Bill Hornbuckle CEO/president, effective immediately. Hornbuckle has been serving the…
Industry
Several Las Vegas Resorts to Reopen June 4
LAS VEGAS—After being temporarily shuttered for a couple of months due to the COVID-19 pandemic, a group of resort-casinos on…