Articles tagged “mgm resorts”

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MGM Resorts Buys the Half of Atlantic City’s Borgata It Didn’t Already Own

MGM Resorts Buys the Half of Atlantic City’s Borgata It Didn’t Already Own

Wayne Parry, Associated Press

It'll be interesting to see if MGM's management of the Borgata will make the resort even more profitable and, perhaps, boost the overall gaming and hospitality community in a city that's struggled so much in recent years.

4 years ago

The 10 Most Highly Compensated Hotel CEOs of 2015

The 10 Most Highly Compensated Hotel CEOs of 2015

Deanna Ting, Skift

Despite troubles in Macau, the usual suspects — namely gaming CEOs — took home the most money in 2015, with Wyndham’s CEO grabbing the No. 2 spot.

4 years ago

New T-Mobile Arena in Las Vegas Signals Return of Large Hospitality Investment

New T-Mobile Arena in Las Vegas Signals Return of Large Hospitality Investment

Greg Oates, Skift

Significant capital investments in Las Vegas hospitality have been few since the recession. The opening of T-Mobile Arena and adjacent developments, as well as record visitation to the city during the last two years, suggest the Strip is turning a corner.

4 years ago

MGM Resorts Launches New $100 Million Park on the Las Vegas Strip

MGM Resorts Launches New $100 Million Park on the Las Vegas Strip

Greg Oates, Skift

Bringing the local desert environment into the Strip is a smart evolution for the MGM Resorts' user experience because it creates a unique new social environment for the city.

4 years ago

The Hotel In-Room Tablet Isn’t Dead, It May Even Be Evolving

The Hotel In-Room Tablet Isn’t Dead, It May Even Be Evolving

Greg Oates, Skift

In a forty or even four hundred room hotel, in-room tablets are nice, but almost always feel like overkill. When you're talking thousands of rooms they may be the best way to communicate with the modern hotel guest.

4 years ago

MGM Resorts Reports Quarterly Loss as Casino Revenue Drops

MGM Resorts Reports Quarterly Loss as Casino Revenue Drops

Christopher Palmeri, Bloomberg

MGM is more dependent on domestic casino revenue incomes than some of its partners who have bolstered the U.S. downturn with their Macau operations.

5 years ago

Macau and Las Vegas Drive Strong Q1 Earnings for MGM Resorts

Associated Press

The pickup in Las Vegas is a relief and helps balance out MGM's growing reliance on Asia.

6 years ago

MGM Resorts Cuts Q3 Losses as Gambling Revenue Grows

MGM Resorts Cuts Q3 Losses as Gambling Revenue Grows

Associated Press

Similar to most lodging and casino groups today, MGM's greatest revenue growth is coming from its Chinese operations. However, an improving economy is boosting bookings and room rates across all properties.

6 years ago

Las Vegas’ Celebrity Chefs Explain the Business of Destination Restaurants

Las Vegas’ Celebrity Chefs Explain the Business of Destination Restaurants

Greg Oates, Skift

Hanging out with America’s best chefs is as much a lesson in creativity, inspiration and business leadership as it is a killer steak from Kyoto.

6 years ago

Las Vegas sports stadium to become a reality with MGM at the helm

Las Vegas sports stadium to become a reality with MGM at the helm

Ken Ritter, Associated Press

Sports might be the next stop in the evolution of Las Vegas’s tourism industry that’s moved between gambling, conferences, and entertainment throughout the years.

7 years ago

Hyatt and MGM Resorts Las Vegas partner for reciprocal loyalty programs

Associated Press

The partnership is expected to give Hyatt a presence in Las Vegas and is a win-win for fans of both hotel groups, especially those identifying with the new “business + leisure = bleisure” trend.

7 years ago

Demolition of towering Las Vegas eyesore to be decided by Nevada high court

Demolition of towering Las Vegas eyesore to be decided by Nevada high court

Ken Ritter, Associated Press

The fate of the hotel tower, geared to be the centerpiece of CityCenter has languished for years. Hopefully, a decision is in the offing, and the thing can be torn down already.

7 years ago