MGM Grand to be Sold by End of the Year

MGM Resorts plans to announce that they have a buyer for their MGM Grand casino property in Las Vegas. That announcement is expected to come by the end of this year. In a conference call Wednesday, MGM CEO Jim Murren said the company plans to use the proceeds from the MGM Grand sale to reduce debt and invest in new growth opportunities, including a potential $10 billion casino in Japan and sports betting in the U.S. This marks one of the final steps toward the MGM’s goal of becoming an “asset-light” casino operator. The company agreed this month to sell…

MGM Grand Bringing VR Experience to Vegas

The MGM Grand is bringing to Las Vegas a virtual reality experience that will put participants inside the type of apocalyptical and fantastical video games they can play on their home computer. MGM Resorts International has teamed up with Australia-based VR game maker Zero Latency to bring three “free-roaming” social gaming experiences to the Level Up lounge starting Sept. 8. The MGM Grand will become the seventh U.S. location to host Zero Latency games. The Zombie Survival and Singularity games will require teams to kill zombies and robots as the they roam through what appears to be buildings and streets….

MGM Grand’s “Bed Bug” Issue

The MGM Grand hotel and casino, in an exclusive statement issued to Gambling 911 on Thursday, said a recent incident where a hotel guest reportedly found a bed bug in her room was not the fault of the MGM but of a previous guest who brought the insect in. “We take great pride in both our amazing resort and our world-class customer service at MGM Grand Las Vegas,” said Gordon Absher, Vice-President of Corporate Communications for the hotel. “The case generating so much recent social media activity was limited to one guest and one guest room… This is therefore an…

Skill Gaming Meets Gambling at MGM Grand in Las Vegas

Apparently, skill gaming is the border dividing casino gambling and video games lies somewhere between a nightclub and a sports book — at least that’s where Hakkasan Group will open a space named Level Up in MGM Grand later this month. Level Up — which Hakkasan describes as a social lounge — will sit between Hakkasan and the sports book and will be roughly divided into two areas. One is a new arena with stadium seating where 40 gamblers at a time can play social versions of table games, such as blackjack, poker, keno and roulette. At craps, roulette or…

MGM Grand Teams with Los Angeles Lakers

The Lakers, who called the Thomas & Mack Center their Las Vegas home for years, have moved down the street to the MGM Grand Garden. The arena, which is set up for just more than 13,000 seats, about 5,000 fewer for basketball than the Thomas & Mack, purchased its own floor a year ago and now has the ability to host an NBA game. It was a move the Los Angeles Lakers likely would have made years ago — had their new Las Vegas preseason home had a basketball court. But the relocation is more than just about basketball. It’s…

New MGM lounge to offer whiskey, blackjack and video poker

Vegas Inc – A new high-end gaming lounge is opening at the MGM Grand. Set to open Aug. 28, Whiskey Down will take over the former space of Tabú. The 24-hour lounge will feature six blackjack tables, seven video poker machines and a 64-seat bar. Whiskey Down’s drink menu is flush with a huge collection of brown spirits, including American, Canadian, Irish and Scotch whiskies, as well as specialty cocktails. SOURCE