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Keyword: mgm

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  • Now the CASINOS are going on strike! More than 3,700 workers - including dealers, cleaning staff and valets - strike against MGM Grand Detroit, MotorCity Casino and Hollywood Casino

    10/17/2023 4:52:01 PM PDT · by Libloather · 39 replies
    Daily Mail ^ | 10/17/23 | Alex Hammer
    Detroit's casino workers are currently on strike after union contracts expired at all three of the city’s gambling facilities. Walkouts in Motor City began Tuesday at noon, carried out by some 3,700 casino workers across five unions. The Detroit Casino Council, the body that represents the procession, has been seeking better wages and benefits - a common theme in the US as of late as the cost of living continues to sky-rocket. Strikes, as a result, have been widespread - with nearly 34,000 autoworkers also striking in the city, and more than 160,000 Hollywood actors still seeking higher wages and...
  • Computer system outage resolved after causing issues at MGM Resorts Monday

    09/12/2023 7:17:53 AM PDT · by dynachrome · 2 replies
    KTNV ^ | 9-11-23 | Jarah Wright
    Update - 10 p.m. As of late Monday, a representative of the FBI's field office in Las Vegas told Channel 13 that the agency had started to look into the situation. As for visitors, in town for the Lady Gaga show on Sunday, Ed and Stephanie Congdon stayed at MGM's New York-New York resort on the Strip. "We became aware of some electronic issues that had (Monday) morning," Ed Congdon says. "It was particularly when we went to breakfast — they weren't doing any room charges, you had to either use your credit card or use cash." Sources have told...
  • How Amazon Controls Virtually Everything You Watch

    07/20/2021 5:28:34 AM PDT · by gattaca · 25 replies
    American Prospect ^ | July 9, 2021 | David Dayen
    Amazon Web Services delivers almost all filmed media in the United States to your screen of choice. How are they leveraging that power? When Amazon announced that it would buy mini-major movie studio MGM in an $8.45 billion deal, I surmised that the real goal here was to raise the cost of acquiring filmed entertainment for its competitors, making Amazon’s bundled Prime Video option look more attractive. I also nodded to the fact that Amazon is a competitor in streaming video and theatrical movie production, while also being a distribution network for streamers. Amazon also sells other streaming services through...
  • Jeff Bezos Now Owns James Bond: Amazon Buys MGM Studios—What Does It Mean for Movies and Entertainment?

    05/27/2021 7:22:07 AM PDT · by SeekAndFind · 23 replies
    PJ Media ^ | 05/27/2021 | Stephen Kruiser
    Amazon CEO Jeff Bezos is once again making people wish they’d bought stock in the company back in 1998. The Amazon monolith is about to gobble up one of the most iconic studios in the history of cinema. The Wall Street Journal: Amazon.com Inc. AMZN said it has agreed to acquire Hollywood studio MGM Holdings, a deal the e-commerce giant is betting can jump-start its Prime Video streaming platform and position it to compete with industry heavyweights including Netflix Inc. and Walt Disney Co. The purchase, which was unveiled Wednesday morning, has an equity value of $6.5 billion, people familiar...
  • Amazon buys MGM for $8.45 billion ... Characters like James Bond and Rocky are now owned by Amazon.

    05/26/2021 7:54:56 AM PDT · by Red Badger · 74 replies
    https://justthenews.com ^ | By Nicholas Sherman | Updated: May 26, 2021 - 10:30am
    Amazon announced Wednesday that the company has reached a deal to buy MGM Holdings for $8.45 billion. The deal is Amazon's second biggest, following the company's $13.7 billion purchase of the Whole Foods grocery chain in 2017. "The real financial value behind this deal is the treasure trove of [intellectual property] in the deep catalog that we plan to reimagine and develop together with MGM's talented team," said Mike Hopkins, head of Prime Video and Amazon Studios Mike Hopkins, according to CNN. Some of those brands include James Bond and Rocky.
  • Amazon nears deal to buy MGM Studios for nearly $9 billion

    05/25/2021 5:30:24 AM PDT · by dynachrome · 54 replies
    CNBC/MSN ^ | 5-24-21 | Alex Sherman
    Amazon is nearing a deal to acquire MGM Studios, the co-owner of the "James Bond" franchise and other TV and film series, for between $8.5 billion and $9 billion, according to people familiar with the matter. The deal is expected to be announced as soon as Tuesday.
  • MGM Resorts International Statement On Temporary Closure Of Las Vegas Properties (All Closed until May 1)

    03/15/2020 6:04:14 PM PDT · by tcrlaf · 103 replies
    MGM Resorts ^ | 3-15-2020 | MGM
    MGM Resorts International (the "Company" or "MGM Resorts") today announced its decision to temporarily suspend operations at its Las Vegas properties until further notice, effective as of Tuesday, March 17th. Casino operations will close on Monday, March 16th, followed by hotel operations. The following statement was released by Jim Murren, Chairman and CEO of MGM Resorts: "As the coronavirus pandemic has intensified in the United States over the past week, the people of MGM Resorts have worked to try to find a way to continue delivering high quality hospitality and entertainment experiences for our guests while keeping our employees doing...
  • MGM Resorts sells Circus Circus, Bellagio on Las Vegas Strip

    10/15/2019 6:27:59 PM PDT · by ConservativeStatement · 43 replies
    AP ^ | Oct. 15, 2019 | Michelle L. Price
    LAS VEGAS (AP) — MGM Resorts International announced the sale Tuesday of two casinos that will significantly alter its portfolio of Las Vegas Strip properties and offer up cash. The Las Vegas-based company said it is selling the Circus Circus hotel-casino for $825 million to Treasure Island casino owner Phil Ruffin. The company also sold the Bellagio for $4.25 billion.
  • MGM Agrees to Pay Las Vegas Shooting Victims Up to $800 Million

    10/03/2019 10:47:25 AM PDT · by C19fan · 24 replies
    NY Times ^ | October 3, 2019 | Richard A. Oppel Jr.
    MGM Resorts International has agreed to pay up to $800 million to settle lawsuits from victims of the October 2017 mass shooting in Las Vegas that left 58 people dead and hundreds of others injured. The killer, Stephen Paddock, holed up inside his room on the 32nd floor of the Mandalay Bay hotel, which MGM owns, and then fired into the crowd at a country music festival below. It was the deadliest mass shooting in modern American history.
  • The Car of Tomorrow from Yesterday(not for woke snowflakes)

    09/26/2019 12:23:09 AM PDT · by Impala64ssa · 16 replies
    You Tube ^ | Krish Ribeiro
    Political (in)correctness at its best.
  • MGM changing security uniforms after Holocaust imagery complaint

    07/26/2019 11:09:24 AM PDT · by matt04 · 32 replies
    MGM Resorts International will change some of its security uniforms after an Ohio visitor alerted the company that its logo could be offensive to the Jewish community. The yellow shirts, which have a six-point star on the upper corner, are one of the uniforms used by MGM’s security team, including some employees at Las Vegas properties. June Scharf, who first noticed the logo at an MGM property in Ohio this month, alerted the company that the logo against a yellow background was evocative of Holocaust imagery. “It’s a real trigger,” Scharf told the Review-Journal. “You see something like that and...
  • Stanley Donen, director of Singin' in the Rain, dies aged 94

    02/23/2019 7:06:48 AM PST · by Borges · 17 replies
    The Guadrian ^ | 2/23/10
    Stanley Donen, the director of Singin’ in the Rain and other Hollywood classics, has died. He was 94. Singin’ in the Rain, from 1952, starred Gene Kelly and became a mainstay of popular culture. Donen was also a choreographer. Among other films he directed were the musicals On the Town (1949, starring Kelly and Frank Sinatra), Seven Brides for Seven Brothers (1954) and Funny Face (1957), starring Fred Astaire and Audrey Hepburn.
  • Mandalay Bay of Pigs

    07/30/2018 2:05:05 PM PDT · by cvolkay · 12 replies
    7/30/2018 | Chris Volkay
    Just wanted to go back to this Mandalay Bay shooting in Vegas for a minute or two. At the time they opined that Paddock's motive was unknown. I just loooked again and they still say that. Wow. Well, not really. As I said afterward, this was a terrorist attack meant to destroy the Mandalay Bay/or MGM. As despicable as he and his actions were, from a say, military guerrilla standpoint, it is pretty ingenious. A typical stumble bum would lose a lot a dough at a casino, go in and maybe shoot a few people, get shot dead himself, and...
  • MGM sues Vegas mass shooting victims, argues it isn't liable

    07/17/2018 3:51:42 PM PDT · by E. Pluribus Unum · 32 replies
    The Associated Press ^ | July 17, 2018 | Ass Press
    LAS VEGAS -- MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid to avoid liability for the gunfire that rained down from its Mandalay Bay casino-resort in Las Vegas. The company argues in lawsuits filed Friday in Nevada and California that it has "no liability of any kind" to survivors or families of slain victims under a federal law enacted after the Sept. 11 terrorist attacks. The lawsuits target victims who have sued the company and voluntarily dismissed their claims or have threatened to sue after a gunman shattered...
  • Federal Agents Zeroed In On New Mystery Man in Las Vegas Shooting; But...

    03/25/2018 10:16:07 AM PDT · by Revel · 27 replies
    True punidt ^ | 3/25/18
    Fear and Lying in Las Vegas Part IV The hushed FBI investigation unfolding inside the FBI’s public Broadway show version of the Las Vegas shooting investigation started when a witness claimed he hid outside Mandalay Bay in the bushes for hours after the stream of gunfire started raining down on concert goers on Oct. 1. The same man also claimed he was inside the room next door to the shooter when gunfire erupted on 22,000 country western fans — mostly Trump supporters — at an outdoor concert in the shadow of the MGM resort’s sprawling Mandalay Bay resort. The same...
  • The Vegas Massacre Exposé: What Really Happened?

    03/13/2018 5:41:48 AM PDT · by servo1969 · 61 replies
    GP ^ | 3-13-2018 | Wayne Allyn Root
    FULL TITLE: WAYNE ALLYN ROOT=> The Vegas Massacre Exposé: What Really Happened? The Vegas Massacre is clearly the new "JFK Murder Conspiracy" updated for the 21st century. The whole story stinks to high heaven. It's rancid. Clearly, our own government, FBI and Las Vegas police are involved in some sort of cover-up. The question is- what are they covering up?Las Vegas is my home. I have the top radio talk show in this town. Many dozens of Vegas residents have gotten in touch with me to give me their take on the Vegas Massacre. Included in that group has been...
  • Laura Loomer - Ambushed Bldg. Engineer told, "Don't come in, we'll simply give you Paid Time Off"

    10/22/2017 12:50:27 PM PDT · by gaijin · 63 replies
    Steven Schuck, MGM building engineer recently caught in a nearly deadly hallway ambush on the 32nd floor of the Mandalay Bay Casino Hotel is in the news again. Schuck's casino bosses have admonished him not to come into work. For now, they tell him, he has unlimited Paid Time Off. Schuck's brother is also speculating that he is now likely under a gag order not to further discuss details of the shooting.
  • MGM Resorts disputes Las Vegas police timeline of mass shooting

    10/11/2017 6:31:23 AM PDT · by Mariner · 99 replies
    Las Vegas Review Journal ^ | October 10th, 2017 | Rachel Crosby
    Updated October 10, 2017 - 10:39 pm MGM Resorts International on Tuesday disputed Clark County Sheriff Joe Lombardo’s revised timeline of the Oct. 1 mass shooting on the Strip. But during an extensive Tuesday interview with the Las Vegas Review-Journal, the sheriff stood by the revised timeline, then clarified it “could change even more.” “This remains an ongoing investigation with a lot of moving parts,” MGM Resorts spokeswoman Debra DeShong said in the statement, released late Tuesday. “As evidenced by law enforcement briefings over the past week, many facts are still unverified and continue to change as events are under...
  • Whoa! Soros Had A $42 Million Short Open On MGM

    10/10/2017 9:39:10 PM PDT · by TigerClaws · 33 replies
    On Tuesday, September 5th, 2017, the board of MGM Resorts International decided to approve a $1 billion share repurchase program. At $17.7 billion today, the program represented a significant portion of its current market cap. By the end of the week, MGM’s CEO, James Murren, had coolly divested himself of 80% of the shares he owned in his company. The divestment came just days before the ex-dividend date on September 8th, 2017. The sales were originally disclosed in a document filed with the Securities and Exchange Commission (SEC). Murren had previously divested 57,269 shares on July 31st and August 9th,...
  • Whoa! Soros Had A $42 Million Short Open On MGM (Las Vegas, Mandalay Bay Hotel)

    10/10/2017 2:26:34 PM PDT · by ransomnote · 45 replies
    youtube.com ^ | 10/10/17 | vlogger DAHBOO77
    Video at link. Soros bets against the success of MGM International Resorts. Looks like the effective date is 8/14/17.