There is a 30-day appeal for a settlement, Eaglet said.
“We hope it will be completed in a way that will be able to disperse victims’ funds before the end of the year.”
The settlement in the class action suite will be divided among more than 4,000 claimants. The exact amount to each victim will be determined independently by a pair of retired judges agreed by both parties.
Eglett said only one of the potential claimants in the case has decided to withdraw from the lawsuit.
Officials said that after the shooting, Paddock was found with a body in his hotel room with a bullet wound to the head.
Mandalay Bay is owned by MGM Resorts International. In a filing with the Securities and Exchange Commission last month, MGM indicated that only 49 49 million of the settlement would come from company funds, with the remaining 75 751 million to be covered by liability insurance.