After the Illinois legislature passed the fiscal year 2025 budget, which includes a new sports betting tax, stocks of sports betting companies such as DraftKings, Flutter, and MGM significantly dropped on Monday, with the market reacting strongly to this new policy.The new budget includes a key prov
MGM Resorts International customers who believe their personal information was exposed in two data breaches that occurred in July 2019 and September 2023 have until June 3 to submit a claim form through a class-action lawsuit.U.S. District Judge Gloria Navarro, in January, preliminarily approved a $
Opponents of a proposed casino in Tysons, Virginia, have ramped up their lobbying efforts, spending over $755,000 since 2023 to sway lawmakers and public opinion. Central to these efforts are MGM Resorts, the operator of MGM National Harbor Hotel & Casino in Maryland, and PLUS Communications, a
Opponents of the proposed Tysons casino have spent more than $755,000 in donations and on lobbying efforts to influence lawmakers in Virginia since the beginning of 2023.MGM Resorts International, which owns the MGM National Harbor Hotel & Casino in Maryland, donated $40,750 to political action
For years, the gaming industry has been waiting for Brazil, the 'sleeping giant', to finally open its doors as a regulated market. This is about to become a reality on January 1st, and with most of the gaming industry having published their third-quarter results, iGaming Business (iGB) examines how
The Nevada Gaming Control Board has filed a motion in U.S. District Court in Las Vegas to dismiss a racial discrimination lawsuit brought in September by a former Control Board department head.The Nevada Attorney General’s office, representing the Control Board, said a complaint brought by Jaime Bla
Playtech and MGM Resorts International have joined forces to deliver “the spark” of Las Vegas to online players around the world.Speaking at one of SBC Summit’s press conferences last week, the companies came together to reveal the conception of MGM Live, an array of live casino products broadcasted
Playtech and MGM Resorts International have joined forces to deliver “the spark” of Las Vegas to online players around the world.Speaking at one of SBC Summit’s press conferences last week, the companies came together to reveal the conception of MGM Live, an array of live casino products broadcasted
A year after cyberattacks that temporarily crippled MGM Resorts International and prompted Caesars Entertainment to pay ransomware to avoid the same fate, cyber hackers haven’t slowed in their attempts to hit the casino gaming industry and operators still have a lot to learn.G2E held a session this
MGM Resorts International CEO Bill Hornbuckle insisted that Las Vegas is far from peaking and his company has learned its lessons from last year’s cyberattack that crippled operations across the country.Hornbuckle appeared onstage Tuesday at G2E with Contessa Brewer from CNBC to talk about a range o
Aiming to combine the excitement of Sin City with the world of igaming, two giants within the casino industry have come together to allow players to take a digital seat at a real-life Las Vegas casino.Speaking at SBC Summit, Playtech Live’s CEO Edo Haitin and Chrisitan Stuart, SVP, Head of Interacti
Despite Headwinds for MGM, Analyst Sees Long-Term Growth PotentialMGM Resorts’ shares marked a more than 10% decrease year-to-date as of the market close on Wednesday. Despite the decrease and other short-term challenges an expert is optimistic about the company’s long-term growth prospects.MGM Face
At this week'sSBC Summit, Playtech Live’s CEOEdo HaitinandChristian Stuart, SVP, Head of Interactive atMGM Resorts International spoke on their companies’ collaboration to broadcast live casino titles directly from MGM’s Vegas resorts. Haitin explained that Playtech has been looking into a Vegas ven
MGM Submits Application for Abu Dhabi Casino LicenseThe recognizable gaming and hospitality giant, MGM Resorts, announced it has submitted a license application for a United Arab Emirates (UAE) casino.The Company Is Among the First to Apply for a Casino LicenseThe exciting news came during the Skift
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