Some analysts believe MGM Resorts International’s “asset-light” strategy may boost its stock, but others say selling such assets could hurt the company in the long run.
The winner was dealt a royal flush on a Hundred Hand Draw Poker machine at Four Queens.
Regional gaming operator Penn is mulling the sale of the Tropicana or entering a real estate deal to reduce company debt while seeing its sports wagering revenue soar.
MGM Resorts International is working to sell its MGM Grand property on the Strip in the same way it moved its flagship Bellagio resort.
Nevada casinos had luck on their side playing baccarat and statewide gaming win eclipsed the $1 billion mark for the fifth time this year.
A visitor from Pennsylvania hit for $64,829.61 on a 1-cent slot machine at The STRAT.
The California-based company will provide technology and computing resources, along with research and internship opportunities at the facility, set to open in January.
MGM Resorts International continues its efforts to sign partnership deals to expand its brand with Tuesday’s announcement of a collaboration with Verizon’s Yahoo Sports.
Some properties are charging three times as much for a room the night of Dec. 7 compared with just two weeks later on Dec. 21.
The winner played five credits for the winning jackpot that hit just after 11 p.m. Sunday.