"Money Is Running Out" – Vegas Struggles To Survive Shutdown [zero hedge]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: zero hedge
"Money Is Running Out" – Vegas Struggles To Survive Shutdown Vegas is in trouble. Nevada Governor Steve Sisolak tweeted Monday he will be reopening the state's economy in the near term. Sisolak knows if stay-at-home public health orders are extended, casinos, restaurants, and other entertainment businesses might not survive. Vegas' McCarran International Airport, a gauge on tourism flow to the strip, recorded a massive halving of tourists by plane in March when compared with March 2019. That's a staggering drop in tourism by flight to the strip, and it's devastating for the region as nearly 1 in 3 jobs in the state are tied to tourism. Coronavirus lockdowns in the state, along with international flight restrictions, have pushed Vegas to a near breaking point. AP News says the strip is usually "busy, always noisy, never sleeps… you can now hear birds chirping." "It's crazy," said Chris Morehouse, an Elvis impersonator, who compares the shutdown to "the end of the world." We noted above
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MGM
News
- Man arrested after deadly shooting inside Maryland's MGM National Harbor [CBS News]CBS News
- ARIA Resort & Casino and JKS Restaurants Unveil Gymkhana, Bringing Indian Fine Dining to the Las Vegas Strip for the First TimePR Newswire
- MGM Resorts (MGM): Reassessing Valuation After a Recent Share Price Rebound [Yahoo! Finance]Yahoo! Finance
- Man killed inside MGM National Harbor casino food court: police [USA TODAY]USA TODAY
- Police search for suspect in Maryland casino shooting [FOX News]FOX News
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/3/25 - Form 4
- 11/10/25 - Form SCHEDULE
- 10/29/25 - Form 10-Q
- MGM's page on the SEC website