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MGM Resorts International lays off 254 managers

MGM Resorts International informed 254 people that they have lost their jobs as the company seeks to slash labor costs by $100 million.

Caesars new CEO appears to be in for the long term

Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.

Casino operator suing over shutdown of sports betting app

A casino operator is suing a tech company after a contract dispute shuttered its sports betting platform at two West Virginia casinos during the height of the NCAA Tournament.

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