"MGM Resorts" Tag Results

By Tomas Medon

MGM Resorts’ Multi-Million Acquisition of LeoVegas Completed

September 6, 2022

MGM Resorts International, a household name in the North American gambling industry, said last Wednesday that it had completed its acquisition of LeoVegas, a popular Swedish online sports betting company. According to reports, 96% of the European operator’s shareholders approved of the $604 million transaction. Exchange rate variations caused the final price to be less […]

By Grant Mahon

MGM Resorts International Appoints Bill Hornbuckle as Acting CEO

March 24, 2020

MGM Resorts International has recently named Bill Hornbuckle as the acting chief executive officer. The industry veteran is taking over leadership of the renowned casino operator amid a crisis that is certainly bound to have a huge impact on the global gambling industry. However, considering the experience in the gaming industry that he boasts of, […]

By Elaine West

Yahoo Sports, BetMGM Ink Exclusive Sports Betting Partnership

October 29, 2019

Renowned media and internet company Yahoo has been eyeing the sports betting industry since the United States Supreme Court lifted the federal ban on sports betting in May 2018. For a long time, the eventual entry of the company into the sports betting industry has been speculated and finally, it has happened. On Tuesday, October […]

By Ameana Jones

Wynn Resorts Abandons Bid for Osaka IR License

October 15, 2019

Osaka has been one of the top contenders for a license to host one of Japan’s integrated casino resorts for quite some time. However, things have taken a totally different turn over the past couple of months with a number of gaming operators opting to shift their focus to other cities. The latest casino operator […]

By Ameana Jones

MGM Backs Out of Talks to Acquire Encore Boston Harbor

May 23, 2019

MGM Resorts International has reportedly backed out of talks with Wynn Resort that involved the sale of the latter’s much-troubled Encore Boston Harbor casino resort. As it turns out, some of the reasons that prompted MGM to pull out of the talks to purchase the $2.6 billion property were some concerns that were raised some […]

By Ameana Jones

MGM and Las Vegas Sands Could Be Headed to Osaka

May 5, 2019

According to Morgan Stanley, a brokerage firm, Las Vegas gaming and hospitality giants MGM Resorts International and Las Vegas Sands are among the top contenders in the race for the gaming license for the development of an integrated resort in Osaka, Japan. According to the firm, both companies have a competitive advantage over all the […]