Tag Archives Resorts

Brian Sandoval leaving international post at MGM Resorts International

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American casino operator, MGM Resorts International, has reportedly announced that Brian Sandoval (pictured) has resigned as its Global Gaming Development President so as to pursue the top administrative job at the University of Nevada Reno. According to a Wednesday report from the Reno Gazette-Journal newspaper, 56-year-old Sandoval served as the Governor of Nevada for ...

US federal court dismisses action against Bloomberry Resorts Corporation subsidiary

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In the United States and a federal court has reportedly dismissed a civil case filed by Bangladesh Bank against a subsidiary of Manila-listed casino operator Bloomberry Resorts Corporation regarding the 2016 theft by cyber hackers of approximately $81 million. According to a report from Inside Asian Gaming, the action from the Asian nation’s state-run ...

Bill Hornbuckle appointed new boss of MGM Resorts International

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American casino operator, MGM Resorts International, has announced that Bill Hornbuckle (pictured) has been selected to replace the outgoing James Murren as its latest Chief Executive Officer. The Las Vegas-headquartered firm used an official Sunday press release to declare that Hornbuckle is ‘a four-decade veteran of the gaming industry’ and most recently worked as ...

MGM Resorts International cancels share buy-back plans

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Anxieties over the financial impact of the ongoing coronavirus outbreak have reportedly prompted American casino operator MGM Resorts International to cancel its plan to buy back shares worth approximately $1.25 billion. According to a Thursday report from the Las Vegas Review-Journal newspaper, the New York-listed casino giant revealed that it had abandoned the scheme ...

Melco Resorts and Entertainment Limited suffers Australian defeat

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In Australia and the Attorney General for New South Wales, Mark Speakman, has reportedly won his legal appeal to force casino operator Melco Resorts and Entertainment Limited to hand over a selection of confidential company documents. According to a report from The Sydney Morning Herald newspaper, the New South Wales Independent Liquor and Gaming ...

MGM Resorts International introducing BetMGM to its Las Vegas estate

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American casino operator MGM Resorts International has announced that its nine venues in Las Vegas have begun rolling out the new mobile-friendly BetMGM sportsbetting service so as to give aficionados the ability to place wagers on a wide range of professional and collegiate sporting events. The Las Vegas-headquartered firm used an official Friday press ...

Crown Resorts Limited examination being temporarily suspended

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In Australia and the official inquiry into local casino operator Crown Resorts Limited will reportedly be temporarily suspended from tomorrow in order to accommodate a legal appeal lodged by the Attorney General for New South Wales, Mark Speakman. According to a Wednesday report from The Australian newspaper, the wide-ranging examination from the New South ...

Crown Resorts Limited investigation gets underway in New South Wales

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In Australia and the gaming regulator for New South Wales has reportedly launched the first of five public hearings into allegations that local casino operator Crown Resorts Limited may have utilized unscrupulous agents in order to attract wealthy Chinese gamblers to its venues. According to a Saturday report from the Bloomberg news service, the investigation ...

Melco Resorts and Entertainment Limited warns of sluggish Macau future

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The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long time’ for the gambling industry in Macau to recover from the negative impacts of the recent coronavirus outbreak. According to a report from GGRAsia, Lawrence Ho Yau Lung (pictured) serves as Chairman and Chief ...

Computer hackers target MGM Resorts International customer information

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American casino operator MGM Resorts International was reportedly the victim of a cyber-security breach last summer that is said to have led to the personal data of some ten million customers being exposed. According to a report from NBCNews.com, the hacked dataset included the full names, addresses, birthdates, telephone numbers and e-mail details of ...

James Murren stepping down as boss of MGM Resorts International

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American casino operator MGM Resorts International has announced that its Chairman and Chief Executive Officer, James Murren (pictured), is to step down before the expiration of his current contract. The Las Vegas-headquartered firm used an official Wednesday press release to detail that Murren joined its ranks in 1998 as Chief Financial Officer and has ...

Australian legal victory for Melco Resorts and Entertainment Limited

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In Australia and casino operator, Melco Resorts and Entertainment Limited, has reportedly won a legal challenge tied to the ongoing probe into its suitability to purchase an increased stake in local compatriot Crown Resorts Limited. According to a report from GGRAsia citing a story from The Australian Financial Review newspaper, the Hong Kong-based firm ...

Macau shutdown hurting Wynn Resorts Limited’s bottom line

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The boss for American casino operator Wynn Resorts Limited has reportedly explained that the temporary shutdown of his firm’s two Macau properties is costing the company up to $2.6 million every day. According to the report, the Las Vegas-headquartered company is responsible via its local Wynn Macau Limited subsidiary for the 1,000-room Wynn Macau ...

Melco Resorts and Entertainment Limited implicated in Japanese bribery scandal

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In Japan and the bribery scandal that began with prominent politician Tsukasa Akimoto (pictured) and Chinese sports lottery firm 500.com has now reportedly grown to embroil Asian casino giant Melco Resorts and Entertainment Limited. According to a report from Inside Asian Gaming citing multiple local sources, the Hong Kong-headquartered casino operator had its Japanese ...

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

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After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Vegas and Mandalay Bay Resort and Casino Las Vegas venues. The Las Vegas-headquartered firm used an official Tuesday press release ...

Singapore disappointment for Bloomberry Resorts Corporation

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In Singapore and Asian casino operator Bloomberry Resorts Corporation has reportedly lost its attempt to overturn the earlier ruling of an arbitration tribunal and may now be forced to pay some $296 million to a subsidiary of American entertainments firm Global Gaming Asset Management LLC. According to a Monday report from Inside Asian Gaming, ...

Wynn Resorts Limited in line to receive $41 million settlement

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American casino operator, Wynn Resorts Limited, is reportedly set to bank a settlement worth $41 million following the resolution of a pair of lawsuits relating to the alleged discretions of the company’s former Chairman and Chief Executive Officer, Steve Wynn (pictured). According to a Wednesday report from the Las Vegas Review-Journal newspaper, the legal ...