27.97 0.00 (0.00%)
After hours: 5:01PM EDT
|Bid||27.92 x 1800|
|Ask||28.38 x 1800|
|Day's Range||27.58 - 27.98|
|52 Week Range||21.62 - 31.68|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||83.00|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||0.52 (1.85%)|
|1y Target Est||33.35|
A massive legal settlement will compensate victims of the Las Vegas massacre and their families. MGM Resorts will pay up to $800 million, resolving lawsuits across several states. Plaintiffs had claimed the hotel conglomerate failed to protect concertgoers and prevent the shooter from stockpiling weapons. Mireya Villarreal reports.
Two years after the deadly Las Vegas shooting, MGM Resorts International will pay up to $800 million to settle a lawsuit with victims and families of those killed. As Mireya Villarreal reports, thousands will be eligible.
MGM Resorts International — the owner of Mandalay Bay in Las Vegas, where a gunman carried out a mass shooting in October 2017 — will pay between $735 million and $800 million to settle a lawsuit with victims and the families of those killed. CBSN Los Angeles reports.
IRVINE, Calif., Oct. 14, 2019 /PRNewswire/ -- For the seventh year in a row, Taco Bell is giving fans across the country another reason to get excited for the World Series: free tacos. "When it comes to the World Series, rooting for that first stolen base and rejoicing for free tacos has really become the game within the game.
Golden Week just wrapped up in China, but for Macau-based casinos, the semiannual celebration likely won’t do much help October results, Nomura Instinet warns.
LAS VEGAS , Oct. 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the third quarter 2019 after the market closes on Wednesday, October 30, 2019 . MGM ...
'Comedian of the Year' Returns to Borgata Event Center for Historic Number of Shows in June 2020 Tickets On Sale Today ATLANTIC CITY, N.J. , Oct. 8, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa , an ...
On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in MGM Resorts International (NYSE: MGM ) and Vistra Energy Corp (NYSE: VST ). Options traders ...
LAS VEGAS, Oct. 7, 2019 /PRNewswire/ -- MGM Resorts International (MGM) will return for the 13th consecutive year as a sponsor of the 22nd Annual PRIDE Parade to be held on Friday, October 11 in downtown Las Vegas. The celebration – which is the largest annual LGBT event in Las Vegas – is hosted by The Southern Nevada Association of PRIDE, Inc. (SNAPI). MGM Resorts International has been a sponsor of the annual PRIDE parade since 2003.
The U.S. travel industry continues to see an overall tight job market, benefiting from a strong economy that drove the unemployment rate to a half-century low, the U.S. Bureau of Labor Statistics reported Friday. But some individual travel companies experienced job cuts tied to retrenchment this year, providing a humbling context to Friday's jobs report. […]
LAS VEGAS, Oct. 4, 2019 /PRNewswire/ -- The National Organization on Disability (NOD) recently announced that MGM Resorts International is among 59 organizations that have been named a 2019 NOD Leading Disability Employer™. Now in its fourth year, the NOD Leading Disability Employer Seal recognizes companies that demonstrate exemplary employment practices for people with disabilities. This annual recognition is designed to applaud those organizations that are leading the way in disability hiring and encourage additional companies to tap into the many benefits of hiring talent with disabilities, including strong consumer preference for companies that employ individuals with disabilities and greater employee engagement across the workforce.
Attorneys for victims of the deadliest mass shooting in modern U.S. history say they’ve reached a settlement to resolve lawsuits that’s expected to pay between $735 million and $800 million. The amount of the settlement with MGM Resorts International (MGM) depends on the number of plaintiffs who take part, according to a statement from Las Vegas law firm Eglet Adams, which represents nearly 2,500 victims and made the announcement just days after the second anniversary of the massacre. “Our goal has always been to resolve these matters so our community and the victims and their families can move forward in the healing process,” said Jim Murren, chairman and CEO of MGM Resorts.
The families of the 58 people killed in the mass shooting Oct. 1, 2017 in Las Vegas reached a settlement of $735 million with MGM Resorts International (NYSE: MGM) on Thursday. This agreement with the plaintiffs' counsel is a major step, and one that we hoped for a long time would be possible," MGM CEO Jim Murren said in a statement. “MGM Resorts is a valued member of the Las Vegas community and this settlement represents good corporate citizenship on their part.
Survivors and family of 58 people who were slain in the deadliest mass shooting in modern U.S. history have reached a settlement of at least $735 million with MGM Resorts, a law firm representing the victims and MGM Resorts International said on Thursday. MGM Resorts owns the Mandalay Bay Hotel in Las Vegas where Stephen Paddock, 64, fired over 1,100 rounds from his 32nd-floor suite into a crowd of 22,000 people at an outdoor country music festival on Oct. 1, 2017, slaying 58 and wounding 800 others before killing himself. "While nothing will be able to bring back the lives lost or undo the horrors so many suffered on that day, this settlement will provide fair compensation for thousands of victims and their families," Robert Eglet, a lead counsel representing some 2,500 plaintiffs in the case, said in a statement.
MGM Resorts International said Thursday it has reached an agreement to settle litigation stemming from the Oct. 1, 2017 shooting in Las Vegas that killed 58 people for $735 million to $800 million. The process of compensating victims and families is expected to be completed by late 2020, the operator of casinos and hotels said in a statement. More than 800 people were injured when lone shooter Stephen Paddock fired into a 22,000-strong crowd attending a music festival from the window of his Mandalay Bay hotel room. The hotel is owned by MGM Resorts, which has been sued for negligence over the tragedy. The settlement will end all pending litigation and is not an admission of liability by MGM, the company said in a statement. Shares fell 1%, but are up 11% in 2019, while the S&P 500 has gained 15%.
LAS VEGAS, Oct. 3, 2019 /PRNewswire/ -- MGM Resorts International (MGM) ("MGM Resorts" or the "Company") and counsel representing substantially all plaintiffs in litigation involving the October 1, 2017 shooting (the "Plaintiffs' Counsel") announced today that they have reached a settlement agreement (the "Settlement Agreement") to resolve pending lawsuits involving MGM Resorts regarding these matters. The Settlement Agreement represents the resolution of the Company's and the Plaintiffs' Counsel's previously disclosed mediation efforts.
MGM Resorts said it reached a settlement agreement with plaintiffs in a civil case against the company tied to the Oct. 1, 2017, mass shooting in Las Vegas that left 58 people dead. The settlement is expected to be $735 million to $800 million, depending on the number of claimants who chose to participate in the settlement. "Our goal has always been to resolve these matters so our community and the victims and their families can move forward in the healing process," MGM CEO Jim Murren said in a statement.
MGM Resorts, which owns the Mandalay Bay Resort, has agreed to pay between $735m to $800m to resolve legal cases against it, depending on the number of claimants who choose to participate in the settlement. The settlement fund will be paid for by MGM Resorts’ insurers with a minimum of $735m. MGM Resorts has insurance coverage for $751m.
Today we'll look at MGM Resorts International (NYSE:MGM) and reflect on its potential as an investment. To be precise...