MGM Grand Hotel & Casino Las Vegas News - Page 19

The billionaire casino mogul passed away Monday in Los Angeles at the age of 98 after a brief illness.

Kirk Kerkorian, founder and longtime owner of MGM Resorts International, passed away on Monday at the age of 98.

MGM Resorts plans to focus on expanding and improving its existing properties on the Strip, and opening new casinos in other parts of the world.

Casinos statewide collected $897.9 million from gamblers during April, a 5.39 increase compared to the same month in 2014. On the Strip, gaming revenue increased almost 7.8 percent to $498.8 million.

MGM becomes the latest Las Vegas operator to leave Nevada Power and purchase its own electricity on the wholesale market, joining Wynn Resorts and Las Vegas Sands.

The four-year contract, which covers porters, bellmen, guest room attendants, cocktail servers, bartenders, food servers, cooks and other hospitality positions, still needs to be ratified by employees.

MGM Grand, the host hotel-casino for the megaboxing match between Floyd Mayweather Jr. and Manny Pacquaio on May 2, expects a 35 percent revenue windfall from the fight weekend.

Small measles outbreak at MGM Grand Hotel and Casino.

The gaming industry has embraced REITs, which, by law, don’t pay federal income taxes.

MGM Resorts International will hold a job fair Wednesday at the Mandalay Bay Events Center to hire more than 500 permanent positions at 12 of the company’s Strip-area resorts.

MGM Resorts International Chairman Jim Murren told analysts and investors Tuesday there were “encouraging signs” of increased customer spending at his company’s 10 Strip resorts in the past few months.

On Tuesday afternoon, lead investor Bill Foley launched a ticket deposit drive with NHL Commissioner Gary Bettman endorsing Foley's campaign to measure the market's interest.

The National Hockey League has not taken a position on legalizing sports wagering, but it’s an issue it may have to address.

Tables that resemble giant smart phones inside The Mirage and MGM Grand Las Vegas are the future of gaming.

Analysts believe the Strip will continue its rebound, although gaming won’t be the primary reason.

The vote will be held at The Signature at MGM Grand Las Vegas.

The career fair will be held in the MGM Grand Conference Center, 4701 Koval Lane, inside the marquee ballroom on Tuesday from 10 a.m. to 4 p.m. and Wednesday from 1 p.m. to 7 p.m.

Michaels was named Wednesday to an industry trade publication’s first-ever list of Top Women in PR.

The arena’s opening act in 2016 is still unknown.

Reyes’s New Year’s event, called Evolve Vegas NYE, is 20 months in the planning and has been about all her four-person staff has worked on since the doors of the Las Vegas Gay Visitors Bureau opened in mid-2013.