MGM - Casino Giant MGM Resorts Expects $100M Blow From Recent Cybersecurity Breach | Benzinga
MGM Resorts International (NYSE: MGM) disclosed in a regulatory filing on Thursday that the recent cybersecurity breach affecting its operations could have a negative impact on its third quarter 2023 results, predominantly in its Las Vegas operations, and a minimal impact during the fourth quarter.
MGM estimates a negative impact of approximately $100 million to Adjusted Property EBITDAR for the Las Vegas Strip Resorts and Regional Operations, collectively.
In September, MGM Resorts said it had Full story available on Benzinga.com