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The tycoon once controlled around 20 percent of the Las Vegas casino operator. Layoffs at MGM Resorts International may help — not hurt — the operator capture one of three coveted gaming licenses up for grabs in Jappalace station hotel and casino shuttle servicean, company officials said. Big Fish Casino Google Play Jull MGM Resorts International’s Brian Sandoval said layoffs at the company could make the gaming operator more competitive in the venue selection process now underway in Japan. (Image: YouTube)Brian Sandoval, the ex-Nevada governor and former judge and state Attorney General who is president of global gaming development for the company, said the reduction in labor costs will show a more-nimble company. casino roulette wheel rules viejas casino open That would make MGM more competitive in what is looking to be a hotly contested selection process. The company has initiated MGM 2020 — a strategy which is leading to more than 1,000 layoffs of employees. free casino slot machine Most of those let go are in management. casino nyc

MGM announced the 2020 plan in early January. bellagio casino slots resorts world casino update The goal is to increase annual adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 0 million over the next two years, and an additional 0 million by the end of 2021. The bottom line is if they’re aware of it, it’s about making MGM a stronger, more nimble company, and it’s actually going to benefit our work in Japan,” Sandoval was quoted by the Las Vegas Review-Journal. Blackjack Online Jatek Xwxp “I’ve been to Japan four times, and I haven’t been asked once about MGM 2020,” Sandoval added. live casino win lob statement MGM Layoffs May Impact Service LevelsBut analysts who follow the gaming sector see both pluses and minuses from the layoffs and how they are viewed by government officials in Japan. Analysts praised the company for its transparency and note hpalace station hotel and casino shuttle serviceow the internal strategy provides MGM with more money for the Japan initiative. “I don’t think it would be a sticking point for a Japanese regulator,” John DeCree of Las Vegas-based Union Gaming, was quoted by the Review-Journal. blackjack online dealer

Chad Beynon, a Washington- based analyst with Australia’s Macquarie Group Ltd. , also told the newspaper, “It certainly sounds like you’re talking out of both sides of your mouth if you’re firing 1,000 people in a service industry and you don’t think it’s going to affect any service levels. casino apps ”Last month, MGM Resorts CEO Jim Murren said, “I stand behind the decisions we have made and believe them necessary to assure our future, pechanga casino sports betting