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The Latest Breaking News from MGM Resorts

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.

WEKU

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.

Chicago Sun-Times

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

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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…

The Independent UK

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

Evening Standard

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.

Zenger

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What Earnings Recession? 8 Stocks' Profit Poised To Boom 150%-Plus

Posting 150% quarterly profit growth is impressive anytime. But it's especially head-turning when the rest of the S&P 500's profit falls.

Investors Business Daily

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.

Autosport

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.

Tribune News Service

8 Stocks Wowed With 50% Profit Growth — Analysts Expect A Repeat

Missed owning shares of S&P 500 companies that posted massive profit growth in the first quarter? Fear not: Analysts think some of them will do it again in this quarter.

Investors Business Daily

Analysts Predict A Blowout First-Quarter Profit From 11 Stocks

Brace yourself for lots of highs and lows when it comes to first-quarter S&P 500 earnings results. The spread will be large.

Investors Business Daily

Lawsuit: Vegas Strip resorts used vendor to fix hotel rates

A federal lawsuit is seeking class-action damages for countless hotel patrons who booked rooms in Las Vegas since 2019

The Independent UK

Tribal owner of Hard Rock now running Mirage on Vegas Strip

A new operator, Hard Rock International, is now running the iconic Mirage resort on the Las Vegas Strip

The Independent UK

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Investors Business Daily

MGM Resorts Intl Stock Showing Rising Market Leadership; Earns 82 RS Rating

MGM Resorts Intl shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 82.

The Independent UK

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify the economy by investing in non-gambling attractions

Investors Business Daily

Even The Hellbent Fed Can't Slow Down These 8 Stocks' Profit

Rising rates and a Fed determined to "break the world" is chilling the S&P 500. But some fast-growth companies are powering right through it, analysts say.

Tribune News Service

Goodbye nosy neighbor — slot players get more room on gaming floor

Gone are the days of a gambling hall lined with rows of small slot machines and players sitting shoulder-to-shoulder.

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WEKU

Las Vegas mass shooting survivors turn to each other to find strength through tragedy

Five years on, survivors of the deadliest mass shooting in modern U.S. history are still struggling with the psychological and physical fallout.

Tribune News Service

Las Vegas Grand Prix Formula One 2023 race date announced

The Las Vegas Grand Prix is slated to occur Nov. 16-18, 2023 on the Strip, Formula One announced Tuesday.

USA Today Sports Media Group

Davante Adams becomes brand ambassador for official gaming parter of the Raiders, MGM Resorts

Raiders WR Davante Adams inks new deal with MGM Resorts International

Benzinga

Insiders Buy Around $70M Of 4 Stocks: Six Flags Entertainment, MGM Resorts And More

Although US stocks closed higher on Monday, there were a few notable insider trades.

Benzinga

MGM Resorts Q2 Earnings Highlights: Las Vegas Segment Booms, Business Travel Returns, Share Buyback Complete

Casino operator and sports betting company MGM Resorts International (NYSE: MGM) reported second-quarter financial results after the market close Wednesday. Here are the key highlights.

The Independent UK

'Las Vegas of Asia' tells casinos to grow beyond gambling

The American casino giants that helped make Macao the “Las Vegas of Asia” are losing money due to COVID and travel restrictions

Benzinga

Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

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