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The lawsuit seeks unspecified damages of more than $75,000, and MGM has attempted to have the claim dismissed. He filed a police report in Nevada and lodged a complaint with the Nevada Gaming ...
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U.S. District Court Judge Madeline Cox Arleo dismissed a lawsuit on Jan. 31 by Sam Antar against the gambling companies, saying the voluminous rules and regulations governing gambling in
Finally, MGM is currently running a very aggressive stock-repurchase program. It bought 12 million of its own shares and retired them in the first quarter, spending $484 million.
MGM agreed to a $100 million co-financing slate deal with Bron Creative in June 2019. The slate consisted of at least nine films including three Orion Pictures films. [191] MGM was one of the first studios to delay the films, including No Time to Die, due to the COVID-19 pandemic. This was followed by an April 2020 layoff of 7% of employees. [192]
MGM Resorts (NYSE: MGM) was a post-pandemic winner because it benefited from the resurgence of America's in-person entertainment venues after the lockdowns and other movement restrictions. MGM has ...
MGM Holdings was formed by a Sony-led consortium on February 11, 2005, [1] and acquired MGM on April 8 in a US$4.8 billion leveraged buyout. [6] From that period until its emergence from bankruptcy on December 20, 2010, MGM Holdings was owned by Providence Equity Partners (29%), TPG Inc. (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%), and Quadrangle ...
The market has been dealing bullish investors the equivalent of a full house lately. But when it comes to MGM Resorts (NYSE:MGM), overstaying one's welcome or anteing up today, looks like a long ...