In a recent research note, J.P. Morgan gaming analyst Joe Greff said MGM Resorts International offers “fresh ideas” for stock investors exploring their options in the new year.
Casinos & Gaming
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CityCenter will start clearing away loose junk inside the unfinished Harmon Hotel but not taking apart the structure.
MGM Resorts International is hosting a seasonal job fair next week to staff-up for the busy Las Vegas summer pool season. The company will fill some 700 poolside positions — full time and part time — at all of the casino operator’s 12 Strip properties.
Massachusetts’ top gaming regulator personally asked Steve Wynn to stay in the competition for a Boston-area casino license, according to a claim by Caesars Entertainment Corp. Caesars is suing, seeking compensation in the failed bid.
Macau’s casino market smashed records and exceeded even the most optimistic expectations for 2013, collecting more than $45.2 billion in gaming revenues during the year.
The Nevada Supreme Court on Tuesday upheld the dismissal of shareholder complaints against several current and former officers and directors of MGM Resorts International over construction of the CityCenter project in Las Vegas.
Mark Lerner admits he didn’t know much about gaming when he moved to Las Vegas in 1980 to begin his legal career. Now, 34 years later, he considers himself “the most investigated and licensed person on planet Earth” by casino regulators worldwide.
2014 is the fourth year of a five-year grace period New Jersey Gov. Chris Christie has given the seaside gambling resort to reverse its struggling fortunes before he considers expanding casinos to other parts of the state — something casino executives fear will cripple the wobbly market.
Global Cash Access Inc. has renewed its cash services contract with MGM Resorts International, an agreement one analyst believes could be worth up to $8 million in additional revenue in 2014.
Nevada’s casino market grew revenues almost 12 percent during November, the third monthly increase over the past four months.
Wynn Resorts Ltd. moved one step closer to breaking ground on its proposed $1.2 billion Wynn Everett project in Massachusetts, passing a suitability step that is critical to getting a gaming license.
With the distinct smell of Black & Mild cigar smoke wafting through the air, O’Sheas Casino reopened Friday morning on the Las Vegas Strip, just in time for New Year’s Eve.
Bally Technologies Inc. received some coal in its Christmas stocking this year, as gaming regulators filed a complaint accusing the slot machine manufacturer and operator of failing to register employees with the state.
Nevada Gold &Casinos Inc., a Las Vegas-based gaming company, expects to begin the new year in a stronger financial position after refinancing its long-term debt with a new five-year, $12.75 million revolving line of credit.