: MGM Resorts' Las Vegas Strip gaming floors can return to 100% occupancy, no social distancing #FinanceUSA #StockMarketNEWS MGM Resorts International said Wednesday that it was approved by the Nevada
@stockMarketNEWS Wed 12 May, 2021
MGM Resorts' Las Vegas Strip gaming floors can return to 100% occupancy, no social distancing #FinanceUSA #StockMarketNEWS
MGM Resorts International said Wednesday that it was approved by the Nevada Gaming Control Board to return to 100% occupancy and no social distancing on its gaming floors inside its properties on the Las Vegas Strip. The company said the waiver for its properties, which only applies to gaming floors, was granted given MGM's efforts to vaccinate its workforce. The 80% occupancy restrictions and 3-feet social distancing requirements are still in effect outside of the gaming floors. The properties allowed to resume full operations on its gaming floors include Bellagio Resort & Casino, MGM Grand Hotel & Casino, Mandalay Bay Resort and Casino, Park MGM, The Mirage Hotel & Casino, New York-New York Hotel & Casino, Luxor Hotel and Casino, Excalibur Hotel & Casino and ARIA Resort & Casino. "This is yet another major milestone in Las Vegas' incredible recovery and a testament to the importance of vaccination in the effort to fully reopen our community," said MGM Chief Executive Bill Hornbuckle. "We will continue working to vaccinate as many people as possible and remain vigilant with health and safety protocols designed to protect our employees, guests and community." MGM's stock, which fell 0.9% in premarket trading, has soared 180.1% over the past 12 months through Tuesday, while the S&P 500 has rallied 44.7%.