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Park MGM
News

MGM Resorts Ramps Up Its Game In Boutique Hotels With Sydell Group Acquisition

... . Others include Freehand, Line, the Ned and Saguaro.  For MGM Resorts, diversification is one way of dealing with saturation in the ... gaming market. For example, MGM Resorts ran up against a crowded market about a year ago ...

Aug 22, 2019
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Empire City Casino in Yonkers, N.Y.
News

MGM Resorts Spending $850M To Acquire Yonkers Casino, Racetrack

... , and has been looking to sell it since last year. MGM Resorts will buy the property, then transfer it to its real ... Properties, and execute a sale-leaseback transaction that would make MGM Resorts the tenant on the 97-acre site. The transactions are ...

May 30, 2018
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MGM Grand
News

MGM Resorts Forms Committee Of Directors To Evaluate Its Real Estate Portfolio

... in Shanghai. In the summer, the Las Vegas-based MGM Resorts acquired Empire City Casino and racetrack in Westchester County, ... Earlier this month, former Nevada Gov. Brian Sandoval joined MGM Resorts as president of global gaming development to oversee the ...

Jan 24, 2019
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MGM Resorts See Profits Slump On China Weakness
News

MGM Resorts See Profits Slump On China Weakness

MGM Resorts’ Q1 earnings fell 61% from weakness in China ... room (RevPAR) jumped 8% at the company’s resorts on the Vegas strip, due to high occupancy and ... Journal reports. The REIT was spun off from MGM Resorts following a string of spinoffs at the end of ...

May 05, 2016
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MGM Resorts CEO Bill Hornbuckle On Hiring Post-Pandemic And His Asset-Light Strategy Moving Forward
News

MGM Resorts CEO Bill Hornbuckle On Hiring Post-Pandemic And His Asset-Light Strategy Moving Forward

... come back with a strong plan for the future.  MGM Resorts International saw activity at its hotels and gambling tables ... . 9 conversation with Bill Hornbuckle, CEO and president at MGM Resorts International. During the talk, Hornbuckle detailed some of the ...

Sep 22, 2021
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Wynn Resorts Considering Sale Of $2.6B Encore Boston Harbor to MGM Resorts
News

Wynn Resorts Considering Sale Of $2.6B Encore Boston Harbor to MGM Resorts

... in early talks to sell the nearly complete resort to MGM Resorts International, the Boston Globe reports. The deal would require ... around the potential sale of Encore Boston Harbor,” Wynn Resorts and MGM said in a joint statement to the Globe. “They ...

May 17, 2019
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Brian Sandoval
News

Nevada's Former Governor Takes Exec Position At MGM Resorts

... voice in favor of the legalization of sports gaming,” MGM Resorts noted in a statement. Before being elected governor in ... judge and state legislator. With Sandoval joining the company, MGM Resorts President Bill Hornbuckle will now focus on global casino ...

Jan 09, 2019
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MGM National Harbor
News

MGM Resorts CEO Jim Murren On The $1.4B MGM National Harbor

... meeting rooms and a 6k SF terrace. We chatted with MGM Resorts International CEO Jim Murren, 54, about his expectations for the ... must-see destination nationally and internationally. When people go to MGM National Harbor and see the beauty of this resort and ...

Dec 08, 2016
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MGM Grand, Mandalay Bay Hotels Sell For $4.6B
News

MGM Grand, Mandalay Bay Hotels Sell For $4.6B

... buyers will lease both assets to MGM Resorts for an initial rent of $292M/year. MGM Resorts isn't planning any major ... Motley Fool reports: MGM Resorts, Galaxy Entertainment and Genting Group. MGM Resorts currently has a 68% stake in MGM Growth Properties, a ...

Jan 14, 2020
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Bellagio
News

MGM Sells Bellagio, Circus Circus For More Than $5B

... . The property will be leased back to a subsidiary of MGM Resorts for an initial rent of $245M/year. For Blackstone, the ... leader in sports betting in the U.S., according to MGM Resorts International CEO Jim Murren. In another major recent hotel trade ...

Oct 16, 2019
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