William Hornbuckle, president and acting CEO of MGM Resorts International, has agreed to reduce his annual minimum base salary from $1.4 million to $1.1 million.
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Nevada’s 30-day casino shutdown is set to end April 16, and some Las Vegas properties are accepting bookings just days after.
Scientific Games’ CEO Barry Cottle joins a growing list of gaming executives who are forfeiting pay during the pandemic.
While the timeline has been altered, experts remain confident Osaka — and other Japanese regions — will see integrated resorts in the near future.
Some industry associations say there could be improvements made to the bill, but overall the response has been overwhelmingly positive.
With casinos across the country temporarily shut down during the coronavirus crisis, operators are facing a period with zero income and a limited supply of cash.
The Cosmopolitan of Las Vegas is furloughing part-time and on-call employees, effective Tuesday.
MGM Resorts International announced that COO and President Bill Hornbuckle has been named acting CEO and president, replacing outgoing chairman and CEO Jim Murren.
Layoffs have taken a hold of Las Vegas’ hospitality industry, leaving many employees wondering if they’ll be able to afford rent. Some casino operators may be facing the same issue.
About 206,000 direct casino employees in Nevada are without work after Gov. Steve Sisolak’s Tuesday mandate, according to the American Gaming Association.