Articles tagged “mgm resorts”

The Las Vegas Strip is consolidating fast. Soon, two billionaires (Barry Diller and Tilman Fertitta) may control a large chunk of its hotel rooms.

Three hotel chiefs were awarded $36 million or more. One saw his pay effectively go negative. And a fourth turned down his bonus. Welcome to the eye-catching world of CEO pay.

MGM’s Las Vegas’ solar deal shows how rapidly improving tech and long-term power contracts are turning renewables from a sustainability upgrade into a mainstream tool for cost control and risk management.

MGM Resorts said Las Vegas is stabilizing after a tourism decline last year, though leisure travel and Canadian visits remain soft.

Some U.S. companies say the decline in international visitors was hard to ignore in the third quarter. Recovery may hinge on the success of 2026 events.

After a slow summer for Las Vegas, hotel-casino execs say a turnaround is on the horizon. For now, the city continues to trail 2024 benchmarks.

Jim Murren, chair of the UAE’s gaming authority, expects to see up to four integrated resorts in the UAE in the coming years.

MGM Grand's convention customers asked for more suites with space for entertaining in addition to sleeping rooms — and they delivered with 111 new suites coming online by December, in addition to a complete remodel.

Las Vegas tourism is experiencing measurable softness in 2024, and it's affecting MGM Resorts.

MGM has been trying to enter the UAE since 2006, but something has always gotten in the way. This time seems different.