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The Latest Breaking News from MGM Resorts

MGM Resorts International Stock: Is MGM Underperforming the Consumer Cyclical Sector?

MGM Resorts International has underperformed the consumer cyclical sector over the past year, yet analysts remain upbeat about the stock’s potential.

Barchart

House spending bill would clip FTC’s reach in MGM cyber probe - Roll Call

A policy rider in the House fiscal 2025 Financial Services spending bill would curtail a FTC probe of a cyberattack last year at MGM Resorts.

Roll Call

Hacker thought to be behind to MGM attack arrested by UK police

A 17-year-old boy from Walsall arrested and released on bail as police continue investigation.

TechRadar

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What You Need to Know Ahead of MGM Resorts' Earnings Release

As MGM Resorts gears up to unveil its second-quarter earnings by this month's end, analysts anticipate a low-double-digit growth in its bottom line.

Barchart

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships

The Independent UK

MGM Resorts Sues FTC Over 2023 Cyberattack Investigation

MGM Resorts International sues FTC to block investigation into 2023 cyberattack, emphasizing cybersecurity challenges and regulatory scrutiny.

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Daily room cleanings underscores Las Vegas hotel workers contract fight for job safety and security

From the onset of negotiations in April, Las Vegas hotel workers said they would be willing to strike over the issue of daily room cleanings

The Independent UK

MGM's CEO says tentative deal to avoid strike will be reached with Las Vegas hotel workers union

The CEO of MGM Resorts International says the company is close to reaching a tentative deal with the Las Vegas hotel workers union

The Independent UK

Las Vegas hospitality workers’ strike poised to derail F1 race

The walk-out could be the biggest hospitality workers’ strike in US history

The Independent UK

A potential Las Vegas workers strike could throw a wrench in the upcoming F1 race

Some 35,000 workers with the Culinary and Bartenders Union could walk off the job Friday if no contract deal is reached. The Formula 1 Las Vegas Grand Prix is scheduled to take place later this month.

WEKU

A worker who’s been cleaning a 5-star hotel for 14 years says guests are so angry about how dirty their rooms have gotten they throw things and shout at her

“The rooms aren’t cleaned every day," says Xochitl Mendez. "Sometimes we don’t want to go into the rooms because the guests are so mad.”

Fortune

Data breach at MGM Resorts expected to cost casino giant $100 million

The data breach that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million

The Independent UK

Is MGM Resorts International (MGM) Stock at Risk After Cyber Attack?

Casino giant MGM Resorts International (MGM) faced a cybersecurity issue earlier this month, leading to significant losses. However, let’s analyze whether MGM could still be worth buying.

StockNews.com

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StockNews.com

Is Smart Money Following Marriott International (MAR)?

Despite robust strategic portfolio expansions, leading hotel company Marriott International (MAR) stock is currently on a downtrend. Let us analyze whether smart money is following the company. Read more.

The Independent UK

Two Vegas casinos fell victim to cyberattacks, shattering the image of impenetrable casino security

The cybersecurity system break-ins this month of casino giants MGM Resorts International and Caesars Entertainment shatter a public perception that casino security requires an “Oceans 11”-level effort to defeat it

WEKU

Cyberattacks strike casino giants Caesars and MGM

The disclosure by Caesars came after MGM Resorts International reported publicly that a cyberattack it detected led it to shut down computer systems at its properties across the U.S. to protect data.

Chicago Sun-Times

Las Vegas casinos target of cyberattack; Horseshoe Casino in Hammond affected

Caesars Entertainment has joined MGM Resorts International in reporting that it was hit by a cyberattack this week.

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The Independent UK

Casino giant Caesars Entertainment reports cyberattack; MGM Resorts says some systems still down

Casino company Caesars Entertainment has joined Las Vegas gambling rival MGM Resorts International in reporting a recent cyberattack

The Independent UK

FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across US

Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional information

The Independent UK

Cybersecurity 'issue' prompts computer shutdowns at MGM Resorts properties across US

Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of its effect on reservation systems and casino floors was…

Evening Standard

Ladbrokes owner Entain’s shares fall as its US joint venture partner MGM enters UK market with rival tech

MGM and Entain together run the BetMGM brand in the US

Zenger

MGM Resorts Reports Record Q2 Revenue, Beats Estimates

Casino and hospitality company beats revenue estimates with $3.94 billion, driven by strong performance in Las Vegas and MGM China.

Autosport

How Haas broke F1’s new team curse

The recent celebration of its 150th race may be well behind Ferrari’s tally of 1060 but, if the calendar keeps going the way it is, then by 2025 it should be ready to eclipse March and BRM’s tally of 197 starts.

Tribune News Service

Bally’s Corp. to focus on Tropicana demolition, future A’s plans

LAS VEGAS — With Senate Bill 1 providing funding for an A’s ballpark in Las Vegas now signed into law by Gov. Joe Lombardo, Bally’s Corp. will now turn its attention to when the Tropicana hotel will be demolished.

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