2025.11.05
hard rock casino atlantic city n.jEarlier this year, former CEO Jim Murren said he was leaving before his contract was up, an exit that was sped up so he could join Nevada’s COVID-19 response task force.(Image: YouTube)The largest operator on the Las Vegas Strip is laying off Randy Morton of Bellagio, Cindy Kiser Murphey of New York-New York, Cliff Atkinson of Luxor, and Eric Fitzgerald of Excalibur, reports the Las Vegas Review-Journal, citing unidentified sources familiar with the matter.COVID-19 ResponseEvery commercial casino and tribal gaming resort closed as a result of the coronavirus.riverwind casino jobs norman oklahomaBut MGM is sporting one of strongest balance sheets in the industry, includiIt devastated gaming companies, as well as Native American tribes that rely heavily on casino revenue to fund their sovereign nations.org. 5 blackjack online lake tahoe nevada casinos openonline gambling in nyc“Even when we come out of this, there won’t be a date where everyone says, ‘Come out of your houses and you’re free to do whatever you want,'” said Matt Carey of Vixio Regulatory Intelligence, a DC-based firm that works with gaming companies and payment processes on regulatory developments.Lots of Executive TurnoverNews of the executive departures from four of MGM’s Sin City properties is the latest in what is turning out to be a busy year on that front for the gaming company.“Even when we come out of this, there won’t be a date where everyone says, ‘Come out of your houses and you’re free to do whatever you want,'” said Matt Carey of Vixio Regulatory Intelligence, a DC-based firm that works with gaming companies and payment processes on regulatory developments.slot machine doubledown casinoOn Friday, a day after MGM Resorts International (NYSE:MGM) reported a first-quarter loss of 45 cents per share on a precipitous 29 percent drop in revenue, investors were treated to a nearly 11 percent slide in the stock price, division among Wall Street analysts, and more turnover among high-ranking executives.Excalibur is one of four MGM Strip venues where a president is reportedly being let go.Online gambling in Pennsylvania went live last summer.doubledown casino poker games chumba casino cardastuce roulette casino 20206 percent in March to .Good News: Strong Financial FootingThe first-quarter loss and executive turbulence could be red flags for investors over the near-term.6 percent in March to .A total of 18 states have legal sports betting operational, and the COVID shutdown could convince other states to allow sportsbooks online.The executive departures come after some analysts questioned how long it will take Las Vegas, MGM’s marquee domestic market, to recover following the COVID-19 pandemic.Nevada allows poker to be played interactively.location of firekeepers casino turtle lake casino deals |