NY Post Report MGM Bid For Casino Licenses In NYC Area Could Be In Jeopardy After Departure Of Resorts World Head Scott Sibella
Portfolio Pulse from Charles Gross
MGM Resorts International's bid for casino licenses in the New York City area could be in jeopardy following the departure of Resorts World head Scott Sibella, according to a report by the NY Post. The report suggests that the recent scandal involving Las Vegas bookies could potentially disrupt the NYC casino race.
September 19, 2023 | 8:56 am
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MGM Resorts International's bid for casino licenses in NYC could be at risk due to the departure of Resorts World head Scott Sibella and a potential disruption from a Las Vegas bookie scandal.
The departure of Scott Sibella, head of Resorts World, could potentially impact MGM's bid for casino licenses in NYC. This, coupled with the potential disruption from a Las Vegas bookie scandal, could negatively affect MGM's stock price in the short term.
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