LAS VEGAS | MGM CEO: Feds’ Wire Act opinion is perplexing, unenforceable

13Feb - by Editor - 0 - In STL.News

LAS VEGAS (AP) — The chairman and chief executive officer of casino operator MGM Resorts International on Wednesday decried a U.S. Department of Justice opinion that is threatening the viability of online gambling and also blamed the recent partial government shutdown for fewer Las Vegas visitors during the Chinese New Year.

The remarks from Jim Murren came during the company’s earnings call, when the operator reported a fourth-quarter loss of $23.3 million, after reporting a profit in the same period a year earlier.

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