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casino caesars palace vegasCorvex isn’t the only hedge fund in on the MGM game.It’s allowed such activist investors to take large positions.9 million MGM shares.Earlier this month, MGM Resorts announced it would be laying off around three percent of its workforce this year in an effort to reduce operating costs.The real estate investment trust (REIT) owns seven Strip properties including Mandalay Bay and Park MGM.(Image: Chase Stevens/Las Vegas Review-Journal)Murren explained that MGM Board members John Kilroy, Keith Meister, and Paul Salem will serve on the committee.21 gold coast casino