MGM Resorts

14th February 2020

MGM on the hunt for new CEO as Murren announces departure

MGM Resorts International has announced that its chairman and chief executive officer Jim Murren is to step down, bringing to an end almost 12 years…

14th February 2020

MGM revenue increases beyond $12bn in 2019

Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…

24th January 2020

MGM named Las Vegas Raiders’ official gaming partner

National Football League (NFL) franchise the Las Vegas Raiders has named MGM Resorts as the team’s official gaming partner, as well as a founding partner…

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…

15th January 2020

National Lacrosse League seals Roar Digital partnership

Roar Digital, the joint venture between MGM Resorts International and GVC Holdings, has been named the official and exclusive gaming partner of the US National…

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…

29th October 2019

BetMGM lands sports betting deal with Yahoo Sports

MGM Resorts and GVC Holdings’ Roar Digital joint venture has agreed a deal to power sports betting for Verizon Media-owned media platform Yahoo Sports. Under…

24th October 2019

State of the Union: OR, MS, PA and more

This week’s State of the Union, in partnership with Segev LLP, covers the latest revenue figures from Pennsylvania and Mississippi. Elsewhere, the long-awaited launch of…

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…

13th September 2019

MGM’s responsible gaming initiative hits interaction milestone

Casino operator MGM Resorts International has announced that its GameSense responsible gaming initiative has surpassed 1m customer interactions at its US properties. Developed and licensed…

5th September 2019

Roar Digital lands betting deal with Buffalo Wild Wings

Roar Digital, the joint venture between GVC Holdings and MGM Resorts, has agreed a deal with US sports bar and restaurant chain Buffalo Wild Wings…

28th May 2019

MGM-GVC joint venture Roar Digital secures Nevada and New Jersey licences

Roar Digital, the joint venture between GVC Holdings and MGM Resorts, has been awarded an igaming licence by the Nevada Gaming Commission, as well as…

22nd May 2019

MGM terminates talks with Wynn over Encore Boston Harbor deal

MGM Resorts has ended talks over a potential acquisition of the Encore Boston Harbor, Wynn Resorts’ soon-to-open venue in Massachusetts.  Talks of a potential deal…