Tag: MGM Resorts
MGM Mobile Gaming Strategy Scores
At least one casino giant supports the legalization of online wagering in America. And MGM mobile gaming already holds an interactive gaming license in Nevada. But the company’s Internet presence is devoted to a free-to-play casino site that allows customers of its M Life loyalty program to earn rewards, which can be redeemed at MGM properties in Las Vegas and Mississippi. MGM Resorts is taking a wait-and-see approach in regard to real money Internet gaming. The business model just isn’t there yet. Macquarie Securities gaming analyst Chad Beynon doesn’t blame MGM mobile gaming or any other casino company from sitting…
California tribal casino partners with MGM Resorts for rewards
Biz Journals – Thunder Valley Casino Resort launched a joint marketing relationship with MGM Resorts International where they now share rewards benefits. The reciprocal relationship means Thunder Valley customers with rewards programs can get discounts and special officers at MGM resorts in Las Vegas, and MGM rewards program customers can use their cards at Thunder Valley. Some of the shared member benefits include things such as personalized offers on hotel rooms, offers on dining and free casino play. “Thunder Valley is thrilled to be partnering with world-renowned MGM Resorts International and their prestigious Las Vegas properties to offer our Thunder…
MGM China Lifts Overall 2013 Quarter 4 Performance
Las Vegas Review Journal – MGM Resorts International ended 2013 on an upbeat note. Chairman Jim Murren told investors Wednesday that 2014 is off to an equally good beginning. The casino company, which operates 10 resorts on the Strip, said it reduced its fourth-quarter net loss while growing revenue 9.5 percent during the three-month period that ended Dec. 31. Murren called 2013, in which MGM Resorts grew revenue 7 percent to $9.8 billion, the company’s “best operating performance since the recession.” On a conference call with analysts and investors, Murren said the company expects a 10 percent growth in revenue per available…