MGM Resorts International’s plans to build a community center on concert grounds targeted by a gunman nearly two years ago drew praise from some, but left others chagrined by a move to use the site for a temporary parking lot.
MGM Resorts International is converting the Las Vegas Village and Route 91 Harvest music festival site into parking for events at Allegiant Stadium, and also a community and athletic center.
Mandalay Bay President Chuck Bowling says, “For every bad story you heard there are three stories about the humanity of Las Vegas.”
An increased number of security guards stood by the elevator bank Monday.
Shares of MGM Resorts International plunged as much as 10 percent Thursday morning after the company cut its earning guidance for 2018 due to weakness at two Strip properties.
MGM Resorts International has hired at least five former Metropolitan Police Department SWAT team members and several former military officers in recent months as it strengthens security at its properties following the deadliest mass shooting in modern U.S. history.
State officials have created a task force to spur oversight of casino emergency response plans following the Oct. 1 massacre outside Mandalay Bay on the Las Vegas Strip.
Mandalay Bay had closed a few floors starting in late November amid a guest slowdown caused by the combination of the holiday season and fallout from the Oct. 1 mass shooting at a nearby music festival. A lone gunman shot at concertgoers from a suite on the Strip hotel’s 32nd floor.
While analysts who cover MGM Resorts International are reluctant to talk about the company’s financial prospects two months after the 1 October massacre, they’re collectively saying MGM stock would be a good addition to a portfolio.
It was by no means quiet in Mandalay Bay the night of Dec. 1, a Friday. But at certain points that evening, the crowds and energy levels seemed higher in two other MGM Resorts International-owned casinos.