MGM Resorts International said Friday it is sending divorce letters to 18,000 former employees across the United States, making their job cuts permanent for now. MGM’s Empire City remains closed in New York State, as does its MGM Park in Las Vegas. Casinos in Las Vegas, where MGM has an …
Read More »
A weaker day for stocks is brewing on Tuesday, as optimism about the US stimulus progress. The asset that stole the show on Monday, of course, was GCQ20 gold, -0.34%, which rose to $ 1,931 an ounce, the highest settlement in history. That prompted the crowd to expect $ 2,000 …
Read More »
LAS VEGAS – A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday that it has completed a $ 17.3 billion purchase of Caesars Entertainment Corp. and will take the company’s iconic name in the future as the largest casino owner in the world. Eldorado …
Read More »
A $ 17.3 billion purchase created by the world’s largest casino company got final approval on Friday, and New Jersey gambling regulators agreed to allow Nevada-based Eldorado Resorts Inc. to acquire Caesars Entertainment Corp. It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the …
Read More »
Nevada is among the states with the highest infection rates, and state investigators have reported less than 50% of the companies observed on July 2. he complied with the governor’s order requiring facial masks in public. Nevada Governor Steve Sisolak has promised “swift and decisive” action this week against industries …
Read More »