Malaysia to sell yacht at center of 1MDB scandal for $126M

Business 04/02/19, 23:40

Malaysia's government said Wednesday that a luxury yacht allegedly bought with money stolen from a troubled state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price.Attorney-General Tommy Thomas said the Admiralty Court ...

Widespread pickets planned in support of Las Vegas union

Business 03/19/19, 19:40

Hospitality workers in at least eight cities across the U.S. will picket starting Wednesday outside restaurants of celebrity chefs and offices of other business partners of a Las Vegas-based casino operator that has refused to bargain with a union.The picketing ...

Caesars Entertainment talks with billionaire investor Icahn

Business 02/20/19, 14:03

Caesars Entertainment said Wednesday that it has talked with billionaire investor Carl Icahn, who began pushing for fundamental changes this week after revealing a 10 percent stake in the casino operator.Caesars said it is evaluating Icahn's ideas and will keep ...

Former Nevada Gov. Brian Sandoval joins MGM Resorts

Sports 01/08/19, 15:58

Former Nevada Gov. Brian Sandoval is joining casino giant MGM Resorts International to help push the company's global expansion efforts, particularly in Japan, and work on state-level public policy related to sports betting.The casino operator named Sandoval president of global ...

Airplane banner denounces Jets’ partnership with MGM

Sports 11/11/18, 14:40

An airplane banner criticizing the New York Jets' gaming deal partnership with casino operator MGM Resorts International circled MetLife Stadium several times a few hours before the team's game against the Buffalo Bills.The banner trailing the plane Sunday read: "SHAME ...

NHL partners with MGM to share data for sports betting

Basketball 10/29/18, 11:18

The NHL is following the NBA's lead by partnering with MGM Resorts International and providing the company with data for use in sports betting. Commissioner Gary Bettman announced the agreement Monday. The Las Vegas-based casino giant is the league's first official ...

Panel rejects MGM’s request to centralize shooting lawsuits

U.S. 10/03/18, 15:36

A panel of federal judges on Wednesday denied a request from casino operator MGM Resorts International to centralize 13 lawsuits stemming from last year's mass shooting in Las Vegas.The Judicial Panel on Multidistrict Litigation in a written order said centralizing ...

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