Articles About MGM Resorts International

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Daily Fantasy Sports and the Gambling Industry May Butt Heads

Daily Fantasy Sports and the Gambling Industry May Butt Heads

Frederick H. August 6, 2015 10:01:27

Daily fantasy sports are doing so well that the gambling industry wants in. Daily fantasy sports are beautiful hybrid of fact and fiction. Some sports fans may recall when they were kids, looking at baseball cards, and simply comparing players. Questions come up such as “who is better?” Then would come the traditional matching up […]

Macau’s Losing Streak Heightens but Mass Gamblers  May  Come To The Rescue

Macau’s Losing Streak Heightens but Mass Gamblers May Come To The Rescue

Phyllis F. May 7, 2015 09:18:54

Macau, though a world leader in gambling, has no vision as to how to up revenues as their players flee. Since summer 2014, casino revenues have been falling steadily in Macau. Last month, revenues fell 39% from what it was in 2013, to around US$2.4 billion. This means that for casinos like MGM Resorts International, […]

Japan Continues to Push Casino Bill

Japan Continues to Push Casino Bill

Frederick H. March 16, 2015 06:48:44

Japanese lawmakers will attempt to make one last push for their casino bill. Years of research, blood, sweat and tears have gone into Japan’s highly prized Integrated Resorts or Casino Bill. Prime Minister Shinzo Abe, a staunch advocate of the bill, would like to see casino operations launched prior to the 2020 Summer Olympic Games […]

IRS Considers Lowering U.S. Casino Winnings

IRS Considers Lowering U.S. Casino Winnings

Frederick H. March 12, 2015 05:24:37

The Internal Revenue Service has suggested lowering the reported levels for casino customers in land-based business across the United States. In US gambling news, the Internal Revenue Service (IRS) has made a proposal to lower the reported income levels for people who win money in casinos. This would of course include slot machines, keno and […]

Wynn Resorts Aims to Conquer Massachusetts with New Casino

Wynn Resorts Aims to Conquer Massachusetts with New Casino

Bence March 5, 2015 11:53:33

Wynn Resorts is aiming to expand its territories within the New England state. Online gambling sites in US report that Wynn Resorts, the casino license holder of the state Massachusetts, has bought another part of territory. This new business means an expense of $6 million from the casino’s budget. The costly deal was paid to […]

To Be Or To Be Delayed: the Saga of Japanese Casino Bill

To Be Or To Be Delayed: the Saga of Japanese Casino Bill

Alex Nevsky November 5, 2014 09:23:27

There are growing fears that Japanese casino bill will be postponed indefinitely, putting casino future at risk. There are some not so positive Japanese gambling news coming from the Land of the Rising Sun. It seems that the lawmakers will indefinitely postpone the legalization of casinos in the country. The reasons are quite trivial – […]

MGM Resorts Selling Nevada-Based Gambling Hall

MGM Resorts Selling Nevada-Based Gambling Hall

Monica E. October 22, 2014 13:18:19

Major casino developer MGM Resorts is giving up on of one of its gambling venues based in Nevada. MGM Resorts International, one of the largest casino operators licensed under American gambling laws, is selling one of its Nevada-based properties. The company has recently signed a deal to sell the Gold Strike Hotel & Gambling Hall […]

Internet Gambling in the US Spurs Social Media Debate among New Yorkers

Internet Gambling in the US Spurs Social Media Debate among New Yorkers

Monica E. October 14, 2014 18:28:51

New York gamblers are demanding that state officials legalize online play, using Twitter and Facebook to get the message through. The first postings appeared on social media a few weeks ago, saying some folks are allowed to play online poker in the US then New Yorkers should be able to do the same. The posts […]

American Gaming Association Pulls Out Its Support For Online Gambling

American Gaming Association Pulls Out Its Support For Online Gambling

Iva P. May 30, 2014 02:12:56

The largest casino industry group in the US announced that it no longer supports internet gaming, because of the significant disagreement between key casinos. This important gambling news was reported by the Wall Street Journal, where Geoff Freeman, the American Gaming Association’s CEO, said that it is withdrawing the support. The reasons AGA withdraws its […]

The Great Dilemma: To Support or Not to Support… Online Gambling?

The Great Dilemma: To Support or Not to Support… Online Gambling?

Monica E. March 21, 2014 18:48:20

As the internet gambling industry is booming worldwide, the time has come for the USA to join the game. It is estimated that, if state officials were to legalize online gambling sites in the US, the country’s internet casino industry could be worth as much as $8 billion. Meanwhile, land-based casino profits are dropping, not […]

Las Vegas Casino Operators Called to Renegotiate their Employees’ Contracts

Las Vegas Casino Operators Called to Renegotiate their Employees’ Contracts

Monica E. March 19, 2014 17:06:05

Thousands of hotel and casino workers in Las Vegas are preparing to go on strike, if employers don’t meet their demands. Nevada’s largest union, the Culinary Union, is calling members to vote for the authorization of a strike, on March 27. The vote was scheduled for the end of the month to give companies more […]

People’s Republic, not Gambler’s Republic

People’s Republic, not Gambler’s Republic

March 7, 2014 17:26:08

No sign that Chinese authorities will ease restrictions on gambling. The Chinese authorities reiterated their opposition to legal gambling this week. Luo Baoming, Hainan’s Communist Party chief, was quoted saying: “We cannot at all allow Hainan to operate casinos.” The success of Macau as well as the lack of legal gambling venues in China have […]

The Yen Fight: Sands Will Spend as Much as it Takes in Japan

The Yen Fight: Sands Will Spend as Much as it Takes in Japan

Monica E. February 26, 2014 16:08:16

Japan’s potential casino industry is luring major investors and Las Vegas Sands is willing to spend $10 million on a new resort. Over the past decade, Asia has been the centre of attention in international gambling news. While casinos in the US are losing customers, Asia’s land-based venues are becoming increasingly popular among gamblers world-wide. […]

Bidders Line Up Should Japan Legalize Casinos

Bidders Line Up Should Japan Legalize Casinos

Alex Nevsky January 27, 2014 12:16:45

If bill is passed Japan could become massive casino market. Some of the world’s biggest casino owners are talking business with the local government of Osaka, Japan’s second-largest city. Major firms Caesars Entertainment Corp., Genting Singapore Plc, and MGM Resorts International have expressed interest in developing a $4.8 billion casino resort in Osaka. Of course, […]

Holyoke to Benefit from MGM Springfield Casino Project

Holyoke to Benefit from MGM Springfield Casino Project

Monica E. January 14, 2014 15:44:27

MGM Resorts hoping to get Massachusetts license after voters rejected two other companies. The city of Holyoke signed a “surrounding community” agreement with MGM Resorts International, calling for a $50,000 upfront payment, a $1.28 million investment over the next 15 years and jobs opportunities for local residents. The company agreed to honor these promises if […]