What happened at MGM Resorts?


What happened at MGM Resorts? LAS VEGAS (AP) — MGM Resorts brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing, the casino giant said Wednesday, as analysts and academics measured the effects of the event.


Who owns MGM Resorts now?

Vici Properties bought MGM Growth in April 2022, and then bought out Blackstone's stake in the MGM Grand in January 2023.


What hotel did MGM just buy?

LAS VEGAS, May 17, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) (MGM Resorts or the company) today announced the closing of its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (the property or The Cosmopolitan) for cash consideration of $1.625 billion.


What is the biggest hotel in Vegas?

The MGM Grand Las Vegas is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the largest single hotel in the world with 6,852 rooms.


Who owns most of Las Vegas?

Vici recently completed the $17.2 billion acquisition of MGM Growth Properties making it by far the largest landlord on the Strip. The deal, which followed Vici's recent acquisition of the Venetian, makes the company the owner of the majority of the casinos on the Las Vegas Strip.


Why is Luxor closing?

Why is Luxor closing? While no official announcement has been made, a decision to bring down Luxor during a period of weak demand due to the COVID-19 crisis could make sense for the resort's owner, MGM Resorts. The company has long felt its hands are tied by the distinctive, but limiting, Egyptian theme.