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.
By all accounts, it was a blockbuster four-and-a-half months. Famous entertainers from across the globe came to perform, mingle and enjoy the first integrated casino-hotel in Las Vegas.
Derek Stevens still has a few surprises up his sleeve for next year, but for now, progress on the 44-story, 777-room resort is on time for its December 2020 opening.
Whiskey Licker Up Saloon, which first opened Sept. 30, is the only one of its kind downtown.
Encore Boston Harbor President Robert DeSalvio of is stepping down just months after the $2.6 billion casino opened.
Debit cards and iPhone payments aren’t used in casino transactions, but Bill Miller, president and CEO of the American Gaming Association, told a Global Gaming Expo crowd earlier this week that he believes it’s time to change that.
MGM Resorts International is selling the Bellagio property and leasing it back, giving the casino operator a cash infusion of more than $4 billion.
The state Gaming Control Board has filed a five-count complaint against Steve Wynn alleging sexual harassment of several female employees and violating state licensing suitability regulations.
Caesars Entertainment Corp. and Eldorado Resorts Inc. shareholders will meet in Las Vegas and Reno to consider the planned $17.3 billion merger of the two companies.
Eric Carlton of Colliers International told the Las Vegas Review-Journal that the Suncoast hotel-casino is not for sale, only the 49-acre parcel on which it sits.