MGM Resorts reports Q3 revenue down 1% to $4.2B as Las Vegas room rates fall 8%
Weak Las Vegas Strip pricing and an 8% drop in room rates drove a rare quarterly loss and an earnings miss, though Macau and digital results set records.
Gambling News · +15 outlets
MGM ends takeover talks with largest shareholder People Inc. after $18B bid withdrawal
Barry Diller's People Inc. withdrew its $18B bid, and the two sides entered an amended voting agreement capping the stake near 30%.
Yogonet · +13 outlets
MGM and People Inc. amend voting agreement, capping stake at 29.9% and limiting control
The amended pact limits People Inc.'s stake below 30% and requires it to vote with MGM's board on change-of-control matters.
Casino.com · +14 outlets
Caesars posts Q3 Las Vegas declines as revenue rises, Fertitta takeover looms
Caesars reported continued softness in its Las Vegas segment even as total revenue grew, with a Fertitta takeover bid in the background.
Hotel Dive · +4 outlets
Nevada gaming win holds flat at $1.28B in September as Strip edges up
Statewide casino winnings were roughly even year over year, with the Las Vegas Strip posting only slight growth.
Casino.com · +5 outlets
The Venetian Resort locks in long-term F1 Las Vegas Grand Prix partnership
The Venetian secured a multiyear deal tied to the Las Vegas Grand Prix, deepening resort involvement in the city's marquee motorsport event.
TicketNews · +4 outlets
Strip hotel-casino employee alleges retaliation over union-organizing efforts
A Las Vegas Strip worker claims management retaliated against union organizing, an allegation with broader labor implications for the resort corridor.
Las Vegas Review-Journal · +1 outlets
MGM expects Osaka-region locals to make up 54% of visitors to MGM Osaka
MGM projected that local Japanese residents will account for just over half of visits to its forthcoming Osaka integrated resort.
GGRAsia · +1 outlets
LL Cool J announces first Las Vegas Strip residency, 11 shows at Dolby Live at Park MGM
The hip-hop artist will headline his first Strip residency, an 11-show run at Dolby Live at Park MGM.
Hypebeast · +14 outlets
Culinary Union says Station Casinos hasn't posted required NLRB notices
The union alleges Station Casinos failed to post NLRB notices, escalating a labor dispute over organizing rights.
Casino.com
Caesars offers free parking and holiday discounts for Nevada residents at Las Vegas resorts
Caesars rolled out free parking and seasonal discounts aimed at local Nevada customers across its Las Vegas properties.
Yogonet · +5 outlets
W Las Vegas reopens Skyfall rooftop and unveils reimagined Living Room lounges
The W Las Vegas refreshed its rooftop venue and debuted redesigned Living Room lounges as part of an ongoing property overhaul.
Las Vegas Sun
Oyo Hotel & Casino halts alcohol sales for second time in 12 months
The troubled Las Vegas property suspended all alcohol service again within a year, raising questions about its operational stability.
Nevada Globe · +8 outlets
Barry Diller says 'forever assets' like his MGM and Las Vegas bet are best hedge against AI
Diller framed durable real-world assets such as MGM and Las Vegas real estate as a long-term hedge against AI-driven market shifts.
Business Insider · +5 outlets
Hyatt raises outlook as development pipeline reaches a record
Hyatt lifted its guidance on the strength of a record development pipeline, a read on broader hospitality demand trends.
Daily Lodging Report · +8 outlets
South Point to host 'Vegas Cowboy Central' during 2026 National Finals Rodeo
South Point will run a western-themed activation around the National Finals Rodeo, one of Las Vegas's largest annual events.
FOX5 Vegas · +14 outlets
Rafael Nadal to play exhibition at Las Vegas MGM Slam on Feb. 28, 2027
The retired tennis star will headline an exhibition event in Las Vegas tied to MGM, adding to the city's event calendar.
Casino.com
Taylor Sheridan bringing a major project to Las Vegas
The prolific creator is bringing one of his largest projects to Las Vegas, adding to the city's growing entertainment production profile.
Men's Journal · +1 outlets