Circus Circus

23rd July 2020

872 employees to be laid off by Circus Circus & Tropicana

Two properties on the Las Vegas strip, Circus Circus Hotel & Casino and Tropicana Las Vegas, have notified the Nevada Department of Employment, Training and…

8th July 2020

Circus Circus sues AIG over unpaid Covid-19 claim

Circus Circus Casino has filed a lawsuit against insurance company AIG for damages exceeding $75m in the United States District Court for Nevada, arguing the…

1st May 2020

MGM revenue falls but property sales increase profits in Q1

MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…

27th March 2020

MGM revenue declines in first two months of 2020

MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…

15th January 2020

Blackstone to acquire MGM Grand and Mandalay Bay for $4.6bn

MGM Resorts International has struck a deal to sell its MGM Grand and Mandalay Bay properties on the Las Vegas Strip to private equity giant…

31st October 2019

MGM Resorts boosted by Chinese growth in Q3

North American gaming giant MGM Resorts saw a 9% rise in revenue in Q3 as it benefitted from growth across its casino properties in the…

18th October 2019

MGM Resorts to sell Bellagio and Circus Circus for over $5bn

Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income…