(Las Vegas, NV) — The Las Vegas Strip shooting that led to the deaths of over 50 people is expected to have some impact on casino operator MGM Resorts’ earnings.
Chairman and chief executive Jim Murren says he’s confident in the company’s stability. Murren said in a statement today that “as a result of the October 1st incident, our business in Las Vegas will be impacted in the near term.”
Murren added it’s primarily due to a short-lived uptick in cancellations and a temporary suspension of marketing efforts. A gunman used an MGM Resorts’ room at Mandalay Bay resort to gun down country music festival goers across the Strip.
Loading ...