You can over-think this story all you want. But the bottom line is you don't sell 20 million shares of stock if you like the competitive position MGM is in going forward.
And that's worrisome for Las Vegas. Am I wrong on this?
An executive with more than three decades of experience in Las Vegas, is leaving his position.
The win was one of several recently across the Las Vegas Valley.
Company and union officials say the property’s renovation from the Hard Rock Hotel to Virgin Hotels in 2021 has influenced the deal-making.
A new poll looks at whether voters would support a potential law that made all workplaces in Nevada, including casinos, completely smoke free while indoors. Unions also weigh in.
The company said a majority of Culinary Local 226 employees at the Henderson property signed an employee-led petition to decertify the labor union.
Clark County District Judge Mark Denton will hear arguments on Wynn Las Vegas’ allegations that rival Fontainebleau is poaching the resort’s executives.
While MGM’s lawsuit against the Federal Trade Commission and a “60 Minutes” story offered new details, there are still unanswered questions about last year’s cyberattack.
One slots player at Caesars Palace used between $1,250 and $2,500 as a starting point for future fortunes.
The Las Vegas hotel-casino confirmed the exec will leave the company for a new position.
The platform says it’s promoting the rise of “day guesting” – where guests can use a hotel’s amenities like pools, spas and fitness centers without booking a room.
