The company likely shut down TITO operations to prevent cash tickets from being spit out by MGM casino slot machines.
Richard N. Velotta
Assistant Business Editor
Email: rvelotta@reviewjournal.com
Phone: (702) 477-3893
X: @RickVelotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
There are no indications whether MGM has insurance covering losses for the cyberattack currently underway.
With many computer systems still down a week after the attack began, the company has no update on a return to normal operations.
Error messages went up on video slot machine screens, but company officials said the incident was not a cyberattack on the property.
Sibella, who spent eight years as president of MGM Grand before joining Resorts World, was cleared in an investigation by the Gaming Control Board in February.
MGM Resorts said the “vast majority” of its offerings were operational after five days of cybersecurity issues believed to be a cyberattack by hackers.
The hacker group ALPHV said they were behind MGM’s cyber attack in an message that computer industry experts are unsure is credible.
A collaboration of Russian hacker gangs may have been responsible for MGM Resorts’ cybersecurity issue that has plagued the company. MGM is Nevada’s largest employer.
The Las Vegas Convention and Visitors Authority board authorized rate increases that will generate over $5 million in additional revenue by 2030.
An expert in cybersecurity says it’s too early to speculate whether MGM Resorts International was the victim of hackers in a ransomware attack but there are numerous clues indicating it was.
The problem affected credit card transactions and other computerized systems. There were indications that MGM shut down some systems to prevent the matter from becoming worse.
The singer-songwriter made a memorable appearance before the Nevada Gaming Commission to win his Margaraitaville Casino licensing.
A new attraction coming to the Strip is all about play — but not casino play. Guests will enter it on a slide, just like the ones kids use on a playground.
The “anticipated increased demand for parking at nearby attractions” — most notably the opening of Sphere — was cited as the reason for returning to paid self-parking.
Avelo Airlines opened its sixth crew base at Las Vegas’ airport while Breeze Airways adds Raleigh-Durham flights to its Reid International schedule.