MGM Grand Detroit Says Intend To Continue To Operate Business During Any Potential Strike And Will Remain Open This Week And Beyond
Portfolio Pulse from Benzinga Newsdesk
MGM Grand Detroit has announced its intention to continue operating its business during any potential strike and will remain open this week and beyond.
October 17, 2023 | 3:45 pm
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MGM Grand Detroit, a subsidiary of MGM Resorts International, plans to continue operations despite potential labor strikes.
While labor strikes can disrupt operations and negatively impact revenues, MGM Grand Detroit's decision to continue operations suggests they have contingency plans in place. However, the situation could still lead to increased operational costs or potential reputational damage, making the impact on MGM's stock price uncertain in the short term.
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