They’re at it again. Back in January we reported that MGM resort fees has been raised by quite a bit across all of their properties in Las Vegas. That increase saw the daily fee at their most expensive resorts rise to $50 per night, but apparently they were not done. Now, less than a year removed from the last rate increase, the resort fees have gone up again. This time, they’ve hit $55 per night at their flagship properties in Sin City. While MGM resort fees at Bellagio, Aria, Vdara, and The Cosmopolitan, have increased to $55 per night, other…

MGM Resorts has announced plans to rebrand Delano Las Vegas before the end of this year. The 43 story tower on the south end of the Strip will be renamed W Las Vegas. However, this is not the first name change for the building. It was originally known as THEhotel at Mandalay Bay before becoming Delano in 2014. The change from Delano Las Vegas to simply “W” is part of a significant collaboration between MGM and Marriott International, building on their long-term strategic licensing agreement established in July 2023. Steve Zanella, president of MGM Resorts operations, praised the partnership for…

It’s almost “go time” for the 2024 professional football season! And MGM Resorts sportsbooks, along with the BetMGM NFL betting app, have gone through some changes for this year which players will appreciate. These updates are designed to simplify the sports betting process and expand the options available to bettors. And at the heart of these improvements are exclusive markets driven by Entain’s advanced betting modeling. That new play-by-play simulation-based pricing models, which were first introduced during the 2024 baseball season, are now being utilized for BetMGM NFL betting. This includes a wider array of football betting markets than ever…

As we begin the new American football season, there will be more betting at NFL stadiums that anytime before. In fact, the BetMGM sports betting app will be available at several stadiums across the country. And that means that MGM Resorts is thinking about responsible gaming. Their program is called GameSense, and it will be available anywhere betting at NFL stadiums takes place. In addition to introducing GameSense to NFL stadiums, MGM and BetMGM have jointly committed to contributing a minimum of $1 million annually to support responsible gaming initiatives. These initiatives will focus on relevant research, advocacy, and prevention…

MGM Resorts brought on over $2.7 billion in revenue for the third quarter of this year. However, the company still wants to sell their Mirage Casino and Hotel property on the Las Vegas Strip. Their announcement does come as a bit of a surprise if you consider the earnings report they just released showed revenue growth of 140%. Also, MGM Resorts did just purchase the operational rights to The Cosmopolitan property on the Strip at City Center. Their CEO, Bill Hornbuckle, stated that MGM had another strong quarter which was primarily due to domestic operations, adding that the results showed…

MGM Resorts has announced an agreement with the Blackstone Group which will allow them to acquire operation of The Cosmopolitan at City Center on the Las Vegas Strip. The deal includes a cash consideration of over $1.6 billion. What’s unique about this agreement is that it separates the physical property from the operations of the resort. Blackstone has said Monday it will sell the property itself for $5.65 billion, but MGM now has a 30-year lease agreement. The Cosmo originally opened in December of 2010, but was purchased by Blackstone in 2014. MGM Resorts CEO Bill Hornbuckle stated that they…