Articles tagged “mgm resorts international”

Hotels

Middle East Gaming Authority Paves Way For ‘Arabian Strip’ Gambling Zone

Testing the waters with the announcement of the Wynn Al Marjan Island, the UAE government has gone to the deep end, announcing a federal level gaming authority. Chaired by the former CEO of MGM, this new authority sets the stage for a full-blown gambling industry.

Josh Corder | 3 months ago

Middle East Gaming Authority Paves Way For ‘Arabian Strip’ Gambling Zone

Hotels

Hyatt Now Discloses Resort Fee Up-Front, but Hotel ‘Junk Fee’ Issues Remain

Marriott said in May it would include resort fees in the first prices travelers see on its site and app. Hyatt and MGM Resorts have also made a change. Which hotel group will be next?

Sean O'Neill | 3 months ago

Hyatt Now Discloses Resort Fee Up-Front, but Hotel ‘Junk Fee’ Issues Remain

Tourism

Airlines and Hotels Branch Out with Experiences to Lure Travelers

Today's travelers are more interested in making memories than buying stuff. There's a big opportunity for travel companies that recognize that.

Doyinsola Oladipo, Reuters | 3 months ago

Airlines and Hotels Branch Out with Experiences to Lure Travelers

Hotels

Marriott to Bet on Gaming With MGM Resorts Loyalty Program Tie-Up

Expect other hotel companies to wager on gaming soon. After all, if airlines have code-shares and interlining agreements, why can't hotels and gaming companies, too?

Sean O'Neill | 4 months ago

Marriott to Bet on Gaming With MGM Resorts Loyalty Program Tie-Up

Hotels

MGM CEO: U.S. Needs to Fix Roads, Not Just Airports, to Boost Tourism

MGM's top boss Bill Hornbuckle is head and shoulders above his predecessor in leadership skills. He argues persuasively that the U.S. infrastructure boom is too focused on airports, while repairs to ground transportation are snarled in delays.

Sean O'Neill | 5 months ago

MGM CEO: U.S. Needs to Fix Roads, Not Just Airports, to Boost Tourism

News Blog

MGM Resorts CEO Thinks Dubai or Abu Dhabi Might OK Gaming This Year

Executives at MGM Resorts International are hopeful that gaming may be approved by the United Arab Emirates, possibly as soon as this year. The Las Vegas-based casino and hotel operator announced back in 2017 its plans for an MGM Resort in Dubai that wouldn't have gaming but would instead have 1,000 rooms and 10 villas. Yet executives…

Sean O'Neill | 7 months ago

News Blog

MGM Resorts Forecasts March to Be the Best Month for Its Las Vegas Hotels Ever

MGM Resorts International reported earnings for the fourth quarter of 2022 on Wednesday. Here are key points about the operator of 32 hotels and casinos in the U.S. and Macau. Revenue and losses: The Las Vegas-based company reported a net income of $284 million on revenue of $3.6 billion for the last quarter of 2022.…

Sean O'Neill | 10 months ago

Coronavirus

Casino Resorts Look to Diversify Asia Growth Beyond Macau

MGM Resorts International and Las Vegas Sands aren’t writing off Macau, but they also aren’t solely focusing on China’s gaming hotspot for growth in Asia.

Cameron Sperance | 2 years ago

Casino Resorts Look to Diversify Asia Growth Beyond Macau

Hotels

Hilton, Accor Won’t Have a China Growth Story to Tell Shareholders This Week

Hotel executives presented China as a definitive, massive growth opportunity to shareholders during the pandemic. But volatility in the development world as well as tough government oversight mean CEOs at companies like Hilton, Accor, and Wyndham need to find a new way to show strength.

Cameron Sperance | 2 years ago

Hilton, Accor Won’t Have a China Growth Story to Tell Shareholders This Week

Hotels

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown

Increased oversight from Chinese regulators in Macau threatens a massive financial hit to U.S. gaming resort operators. But don’t expect this to lead to a mass exodus to other gaming markets in Asia.

Cameron Sperance | 2 years ago

Las Vegas Sands and Wynn Resorts Valuations Tank on Chinese Crackdown