6th October 2023

MGM Resorts expects $100m hit from cyberattack

MGM Resorts International expects last month’s cyberattack to have a negative impact of $100.0m on its adjusted property EBITDAR for the third quarter. The operator…

20th September 2023

MGM striving to ‘normalize operations’ after cyberattack

MGM Resorts International said it is still trying to “normalize operations” at its Excalibur casino in Las Vegas after a widespread cyberattack. On Monday, MGM…

15th May 2020

DraftKings losses widen further in Q1 despite revenue growth

DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…