Mgm Resorts news and trends

MGM Hackers Reportedly Targeting Banks and Insurers
Cybersecurity // May 08, 2024

Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told Bloomberg News Wednesday (May 8). Since late last month, Scattered Spider has targeted 29 companies...

US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate
Cybersecurity // May 02, 2024

Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a 74% rise in 2023, CNBC reported Thursday. Speaking at a Senate Armed Services Committee hearing on global...

MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
Earnings // February 13, 2024

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a...

Security Expert: Casino Hacks Were Part of Wider Crime Wave
Cybersecurity // September 19, 2023

The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity management company Okta, who said in an interview with Reuters on Tuesday (Sept. 19) that the groups...

Interviews & Exclusives
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet

February 13, 2024
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss.  On Sept. 12, PYMNTS wrote that MGM Resorts’ websites […]

From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits

September 18, 2023
Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense....

Quick Reads
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet

August 22, 2024
BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature makes BetMGM the only legalized sports betting app to allow Nevada residents and visitors to wager in the state and carry their funds to BetMGM […]

MGM Hackers Reportedly Targeting Banks and Insurers

May 08, 2024
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told...

US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells Senate

May 02, 2024
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a...

Security Expert: Casino Hacks Were Part of Wider Crime Wave

September 19, 2023
The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity...