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…
MGM Resorts International
Finance
MGM Resorts, MGM Growth Properties Complete $700M Operating Partnership Unit Redemption
LAS VEGAS—MGM Growth Properties LLC (MGP) has redeemed 30.3 million of MGM Resorts International’s operating partnership units for $700 million.…
Brands
Updated Health and Safety Plans: MGM, HVMG and More
INTERNATIONAL REPORT—As the hotel industry readies for its reopening from the devastation of the COVID-19 pandemic, a number of companies…
Brands
Former Governor Sandoval Exits MGM Resorts International
LAS VEGAS—Brian Sandoval, the former governor of Nevada, is leaving his post as MGM Resorts International president of global gaming…
Industry
Updated: Compassion in a Time of Crisis
NATIONAL REPORT—At times of crisis, the hotel industry makes every effort to take care of its own, as well as…
Brands
MGM Appoints Hornbuckle Acting CEO, Salem Chairman
LAS VEGAS—MGM Resorts International named COO/President Bill Hornbuckle acting CEO/president, replacing outgoing Chairman/CEO Jim Murren. Replacing Murren as the chair…
Industry
AHLA, Industry Leaders Discuss Relief With President
WASHINGTON—During a media call regarding a meeting with President Trump, Vice President Pence and members of the Cabinet, American Hotel…
Brands
Update: Caesars Properties, Venetian Join Closed Las Vegas Hotels
UPDATED: Caesars Entertainment has temporarily suspended operations of all of its Nevada hotel-casinos in Nevada, including nine in Las Vegas.…
Acquisitions
Blackstone/MGM JV Closes on MGM Grand, Mandalay Bay; More Acquisitions…
NATIONAL REPORT—Hotels are changing hands across the U.S. Here’s a look at the recent transactions in and around Las Vegas,…
Brands
MGM Resorts’ Q4 Below Expectations
LAS VEGAS—In the fourth quarter, MGM Resorts International saw adjusted earnings per share (EPS) reach eight cents on revenue of…