Articles tagged “mgm resorts”

Hotels

Thailand Looks to Legalize Casinos in Latest Effort to Win Back Tourists

As Thailand pulls out all stops to woo tourists, the number one tourism destination in Southeast Asia pre-pandemic is clearly feeling like it may lose out to its neighbors if it doesn't roll the dice.

Thailand Looks to Legalize Casinos in Latest Effort to Win Back Tourists

News Blog

MGM in Talks With Genting for Potential Purchase of Resorts World Sentosa

Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports. While MGM’s recent talks with Malaysia’s Lim family, that owns 53 percent stake in Genting Singapore, failed to yield an agreement, the Singapore-based casino operator…

Hotels

Resort Owners Watch Dubai for Ban on Gambling to Be Lifted

Gambling is currently banned in the UAE. However, as the oil-dependent economies in the Middle East pivot towards tourism, speculation is rife that gambling in some form may be permitted in the country. Will casinos hit the Dubai jackpot?

Resort Owners Watch Dubai for Ban on Gambling to Be Lifted

Hotels

MGM Resorts Overhauls Loyalty Program to Track Big Non-Gambling Spenders

Loyalty is big business. Presumably, MGM Resorts replaced its old program with a new one to juice revenues. But it's not exactly clear why this program is better than the old one.

MGM Resorts Overhauls Loyalty Program to Track Big Non-Gambling Spenders

Hotels

Wynn to Build UAE Luxury Resort Paving Way for Possible Gambling

The resort, located on man-made island Al Marjan, won't be ready until 2026. The question is whether the sheikhdom will have relaxed the rules around gambling by that point.

Wynn to Build UAE Luxury Resort Paving Way for Possible Gambling

Hotels

MGM Resorts Is Selling the Mirage to Hard Rock for $1.1 Billion

The Mirage is a casualty in MGM Resorts's ongoing push into online gaming and high-end casino resort operations — no real estate ownership required.

MGM Resorts Is Selling the Mirage to Hard Rock for $1.1 Billion

Hotels

MGM Resorts Eyes Sale of the Mirage Amid Growth in New Sectors

Out with the old. In with the new. The Mirage is the aging grand dame in the MGM Resorts Las Vegas portfolio compared to newer trophy deals like managing the Cosmopolitan.

MGM Resorts Eyes Sale of the Mirage Amid Growth in New Sectors

Business Travel

Business Travel Recovery Won’t Get Any Boost by U.S. Global Travel Reopening

Don’t expect an immediate return to 2019 levels of business travel traffic despite the hype in the buildup to the U.S. reopening borders on November 8.

Business Travel Recovery Won’t Get Any Boost by U.S. Global Travel Reopening

Business Travel

Las Vegas Emerging This Fall as the Hottest Corporate Travel Destination Despite Variant Worries

The city is in tune with the pandemic protocol: after the tourists, next come the business travelers. Las Vegas is edging towards recovery, but Delta variant concerns may spoil the party yet.

Las Vegas Emerging This Fall as the Hottest Corporate Travel Destination Despite Variant Worries

Coronavirus

MGM Resorts Plans Nearly $4 Billion Las Vegas Hotel and Casino Sale to Blackstone

The future of a casino empire has less to do with owning mega-resorts and more with operations and innovation around things like internet gaming. MGM Resorts continues its streak of sale-leaseback deals with Blackstone to maintain its Las Vegas presence but shed real estate ownership.

MGM Resorts Plans Nearly $4 Billion Las Vegas Hotel and Casino Sale to Blackstone