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No, Bruno Mars isn't actually millions in gambling debt to MGM
MGM Resorts has denied reports that Bruno Mars owes the company over $50 million in gambling debts.
Callie Ahlgrim,Lauren Edmonds
MGM Resorts is still suffering from a massive outage after a notorious group of young hackers apparently tricked workers into handing over access to the company's network
Scattered Spider, the hacking group, had also reportedly targeted Caesars by tricking humans to gai…
Will Gendron
'Big Short' investor Michael Burry reveals new bets on Alibaba, MGM, and JD.com
Burry's Scion Asset Management swapped out all but two of the holdings in its US stock portfolio, a…
Theron Mohamed
Big US casino operators like Wynn and MGM stand to lose millions after China's gambling capital of Macau shut down operations to curb COVID-19
China's gambling capital has shut down operations for the first time since February 2020 in an atte…
Samantha Delouya
'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet
Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, mor…
Theron Mohamed
Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry
The Macau gambling review will include rules about licenses and a proposal for direct government su…
Carla Mozée
MGM Resorts climbs on JPMorgan upgrade citing attractive valuations and Las Vegas reopening optimism
MGM looks set to open more gaming slots and rooms in the face of easing COVID-19 restrictions, says…
Carla Mozée
MGM Resorts is letting job seekers try out roles using virtual reality as it looks to reduce employee churn
MGM Resorts is rolling out headsets from VR-company Strivr at employment centers from January. It h…
Grace Dean
Dow tumbles 267 points as investors mull disappointing housing data and rising inflation
Major US stock indexes slipped Tuesday as investors cautiously weighed disappointing housing-starts…
Isabelle Lee
ED seizes assets worth ₹293 crore of former chairman of Tamilnad Mercantile Bank
Incidentally, the three of the companies are unlisted entitites. The ED said Maran had inco…
MGM and Caesars rise as Morgan Stanley upgrades the casino operators on strong outlook for Las Vegas recovery
Shares of MGM Resorts and Caesars Entertainment rise as Morgan Stanley sees big earnings potential …
Carla Mozée
MGM Resorts soars 25% after IAC buys 12% stake, calling it 'once in a decade opportunity'
"What initially attracted us to MGM ... was an area that currently comprises a tiny portion of its …
Matthew Fox
Caesars Palace and MGM Grand are among 7 Las Vegas hotels with bed bugs last year, health inspectors found
Health inspectors found bed bug infestations in major Las Vegas hotels including MGM Grand and Caes…
Kenneth Niemeyer
Billionaire Barry Diller says the market is being driven by 'great speculation,' and urges investors to save 'every nickel'
Barry Diller said that each day from now until November is going to get "more and more concerning" …
Emily Graffeo
FTC Chairwoman Lina Khan reportedly had to write her credit card number on a piece of paper to check in at the MGM Grand when its computers were down in the cyberattack
The Federal Trade Commission chair reportedly had to write her credit card information on a piece o…
Jordan Hart
MGM Resorts will lay off 18,000 of its furloughed employees starting next week
MGM joins a growing list of companies forced to lay off or furlough employees in response to a tour…
Frank Carber
'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter
"The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank stocks last q…
Theron Mohamed
MGM and Caesars casinos change their policies to require all visitors wear masks
MGM casino guests will be offered a free mask if they don't have one — otherwise they'll be asked t…
Jessica Snouwaert
The NBA announces first sports betting deal, names MGM Resorts its official gaming partner
"Our collaboration will result in the best possible gaming and entertainment experience for consume…
Brandon Wiggins
MGM is auctioning 11 Picasso works worth up to $104 million that were originally collected by former casino mogul Steve Wynn
The artworks were curated by Wynn, who sold his holdings to MGM and later left the casino business …