MGM to reach $800m settlement with 2017 massacre victims?

In its quarterly report with the U.S. Securities and Exchange Commission, MGM said that it is “reasonably possible” for them to reach a settlement with the victims of the 2017 Las Vegas shooting. The settlement will set back the casino operator between $753m to $800m, although MGM noted that its insurance can cover as much as $751m for the settlement. On October 1, 2017, Stephen Paddock opened fire on a crowd on the Las Vegas Strip while booked in MGM’s Mandalay Bay resort, killing 58 people.
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MGM hints at $800m settlement with Vegas shooting victims
Moving on

The Story

In its quarterly report with the U.S. Securities and Exchange Commission, MGM said that it is “reasonably possible” for them to reach a settlement with the victims of the 2017 Las Vegas shooting. The settlement will set back the casino operator between $753m to $800m, although MGM noted that its insurance can cover as much as $751m for the settlement. On October 1, 2017, Stephen Paddock opened fire on a crowd on the Las Vegas Strip while booked in MGM’s Mandalay Bay resort, killing 58 people.

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PRESS RELEASE

BtoBet launches Francophone Africa handbook

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SHOUT OUT
Congratulations to Mikita Badziakouski for winning the penultimate event of the Triton Poker Super High Roller Series in Montenegro! The Belarusian conquered a field of 52 entrants in the HK$750k (US$96k) Short-Deck event to win the HK$13,300,000 (US$1,729,000) first prize.
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