Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  MGM Resorts International    MGM

MGM RESORTS INTERNATIONAL

(MGM)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

MGM Resorts International : reports $800M 'possible' Vegas settlement figure

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/16/2019 | 04:35pm EDT

LAS VEGAS — Casino giant MGM Resorts is telling federal regulators it thinks it might pay up to $800 million to settle liability lawsuits stemming from the October 2017 mass shooting that became the deadliest in modern U.S. history.

The company also tells the Securities and Exchange Commission it is insured for $751 million of that amount.

However, a Las Vegas plaintiffs' lawyer heading out-of-court talks with the company is calling it premature for MGM Resorts to report that it's "reasonably possible" a settlement will be reached by May 2020.

Attorney Robert Eglet says nothing is signed. He calls the company figure "not probable."

Eglet represents about 4,200 claimants who say they were harmed when a shooter rained gunfire from a Mandalay Bay resort suite into an open-air concert, killing 58 people and injuring more than 800.

© 2019 The Canadian Press. All rights reserved., source Canadian Press DataFile

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MGM RESORTS INTERNATIONAL
06/10LIVE NATION ENTERTAINMENT : Khalid announces north american headline dates for '..
AQ
06/07TAKING THE STAGE AT THE 13ᵗ : Dr. Mary Kelly Joins as Featured Leadersh..
PR
06/07MGM RESORTS INTERNATIONAL : Twist by Pierre Gagnaire at Waldorf Astoria Las Vega..
AQ
06/07MGM RESORTS INTERNATIONAL : Ex-dividend day for
FA
06/05MGM RESORTS INTERNATIONAL : Inaugural Metarama Gaming + Music Festival Coming to..
PU
06/04Macau studies setting up securities market in push to diversify
RE
06/01Macau casino revenue hits 5-month high in May
RE
05/30MGM RESORTS INTERNATIONAL : announces more job cuts, calls layoffs complete
AQ
05/30In Macau's non-gaming race, analysts pick Sands China, Galaxy as winners
RE
05/28MGM RESORTS INTERNATIONAL : Named "Breakthrough of the Year" At The Sports Busin..
PR
More news
Financials ($)
Sales 2019 13 024 M
EBIT 2019 1 830 M
Net income 2019 572 M
Debt 2019 13 340 M
Yield 2019 1,97%
P/E ratio 2019 25,47
P/E ratio 2020 16,15
EV / Sales 2019 2,11x
EV / Sales 2020 1,99x
Capitalization 14 118 M
Chart MGM RESORTS INTERNATIONAL
Duration : Period :
MGM Resorts International Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MGM RESORTS INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 33,0 $
Spread / Average Target 26%
EPS Revisions
Managers
NameTitle
James Joseph Murren Chairman & Chief Executive Officer
William Joseph Hornbuckle President
Corey I. Sanders Chief Operating Officer
Daniel J. D'Arrigo Chief Financial Officer & Executive Vice President
Roland A. Hernandez Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MGM RESORTS INTERNATIONAL14.01%12 823
LAS VEGAS SANDS CORP.9.63%40 912
WYNN RESORTS16.95%11 151
GENTING SINGAPORE LTD--.--%7 690
TABCORP HOLDINGS LIMITED6.53%6 302
SJM HOLDINGS LIMITED12.16%6 256