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Springfield also lobbied gaming commissioners Thursday for the restoration of $3 million a year in mitigation money once collected in casino taxes.
According to a filing with the Securities and Exchange Commission released on Friday, HG Vora Capital Management sold its entire holding of MGM Resorts International ( MGM 1.07%) during the third quarter. The fund liquidated all 1.5 million shares it previously held, erasing a position valued at an estimated $51.6 million.
Average short interest across the S&P 500 consumer discretionary stocks was 2.39% at the end of October, MGM Resorts International (MGM) being the most shorted stock in the sector and Amazon.com (AMZN) as the least shorted in the sector.
TravelPulse on MSN
MGM Grand Hotel & Casino Unveils $300 Million Renovation
MGM Grand Hotel & Casino has unveiled a $300 million transformation, with 3,969 new rooms and suites in a modern, upscale design, which are available to book now. The Las Vegas hotel’s new rooms and suites were designed by global architecture firm Gensler and MGM Resorts Design & Development.
MGM on Tuesday unexpectedly withdrew its casino license application for Empire City in Yonkers. The mayor said “something doesn’t add up.”
Amazon MGM's 'Alone at Dawn' has set Betty Gilpin to star opposite Adam Driver and Anne Hathaway, Deadline can report exclusively,
If you’ve enjoyed the improvements downtown or felt safer with increased police patrols, those changes could disappear.
Barchart on MSN
Do Wall Street Analysts Like MGM Resorts Stock?
MGM Resorts has considerably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.