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MGM Resorts Not Planning to Buy or Sell Any Casinos

George Miller
July 30, 2019
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Jim Murren, the chairman and CEO of MGM Resorts International, has revealed that his company does not plan on acquiring any of the regional casino properties, that might become available once the historic $17.3 billion cash-and-stock merger between Eldorado Resorts and Caesars Entertainment Corp. gets underway.

For MGM Resorts’ upcoming role in the ever-changing equation, the company intends to stay the course with the MGM 2020 corporate restructuring plan announced earlier in the year, Murren said in delivering the company’s second-quarter earnings. That means it also does not have a plan on selling any casino properties.

MGM 2020 is a company-wide business optimisation plan intended to leverage a more centralised organisation, with a goal of maximising company profits. The restructuring initiative includes a heavy investment in technology with an aim towards improving its digital footprint.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGM Resorts Not Planning to Buy or Sell Any Casinos

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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