In a prospectus filed Thursday with the SEC, MGM Resorts International said it is improving its liquidity position with $750 million in senior notes due in 2025.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
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Citing a commitment the company made in mid-March, Las Vegas Sands CEO Sheldon Adelson has agreed to extend pay and benefits for 9,300 employees through at least May 17.