Casino
January 23, 2023
CEO Hornbuckle Commits to Reviving MGM Springfield
Mass Live reported that the city of Springfield was promised three thousand jobs by MGM when they were granted the license to construct their $1 billion resort. This number is recorded in the host community agreement between MGM Resorts International and the city. However, this number may not be realistic, according to MGM Resorts International […]
Casino
December 20, 2022
The Mirage Is Officially under New Management
Hard Rock International’s year-long acquisition of The Mirage Hotel & Casino in Las Vegas finally concluded several days after Nevada’s gambling regulator gave the green light. The $1 billion deal is only the start of Hard Rock’s plans for the property. The entertainment and hospitality company will invest a significant sum in renovations, eventually rebranding […]
Casino
December 20, 2022
MGM Resorts to Invest $2B in Macau Following New Concession
International casino operator MGM Resorts has announced its plans to invest two extra billion in its Grand Paradise casino in Macau, China. Despite the recent setbacks experienced by the special administrative region’s gaming industry, MGM Resorts continues to firmly believe in the region’s potential. MGM Resorts Will Support Its Macau Subsidiary MGM Resorts’ Chinese subsidiary, […]
Legal
December 20, 2022
MGM Springfield Gets Green Light for Massachusetts Sports Betting
MGM Springfield is the second casino in the Bay State to have cleared the bar for a sports betting license from the Massachusetts Gaming Commission, which did not come without its challenges. For one, MGM Springfield missed a deadline which forced the commission to postpone a vote. MGM Springfield’s License: Long Time in the Making […]
Casino
November 11, 2022
MGM Resorts Lends $750M to Macau Subsidiary
MGM Resorts agreed to provide its Chinese subsidiary with a loan of $750 million. The money will help MGM China push through the difficult times caused by the trouble in Macau’s gaming market. MGM Lent $750M to Its Chinese Arm MGM China has been struggling to deal with the ongoing situation in the special administrative […]
Casino
September 22, 2022
MGM Confident It Will Get New Casino License in Macau
MGM Resorts International, which has held a Macau casino license for the past 20 years, is confident it will acquire a license again in the new tender for casino concessions, which will be valid for the next 10 years. The Macao SAR Government announced the new tender at the end of July. MGM Is Among […]
Industry
September 14, 2022
MGM Resorts Welcomes Adams as Brand Ambassador
American global casino and hospitality giant MGM Resorts announced a new deal with Davante Adams, a professional NFL wide receiver for the Las Vegas Raiders. According to the agreement, Adams will promote MGM Resorts’ brand as a brand ambassador. Adams Joins MGM as a Brand Ambassador Adams is notably the first active NFL player MGM […]
Casino
July 5, 2022
New MGM-branded Hotel to Open in Shanghai
In a joint venture with Diaoyutai State Guesthouse, MGM Resorts International has announced that it is going to open an MGM hotel in Shanghai called MGM Shanghai West Bund, which will sport 219 guest rooms and suites. The new project will help MGM grow its presence in mainland China. The New MGM-branded Hotel The MGM-Diaoyutai […]
Casino
March 25, 2022
Prefecture Assembly in Osaka Shows Support for MGM IR Bid
MGM Resorts Japan’s plan for an integrated resort (IR) in Osaka gained traction after lawmakers in the prefecture approved a development plan. Osaka IR Project Takes a Step Forward On Thursday, lawmakers discussed the IR project in Osaka during a prefectural assembly. The project received broad support from members of the Liberal Democratic Party and […]
Casino
February 28, 2022
MGM Has “Out of Jail Card” for Osaka IR Bid
MGM is sure it wants a bite out of the Japanese integrated resort pie, but it’s not sure it wants to nibble at anything stale. That is why MGM Osaka will have an “escape clause” should things go pear-shaped, Inside Asia Gaming, a leading local publication for the region writes. MGM Osaka Project Has Contingencies […]