MGM Closes All U.S. Casino Resorts

MGM Resorts International (NYSE: MGM) is temporarily shuttering all its U.S. casino resorts, the company announced in a series of press releases.

The closures will go into effect at different times. The company's properties in Las Vegas will go dark today (Monday, March 16) as will its Borgata Hotel Casino & Spa in Atlantic City, New Jersey, and MGM Grand Detroit. The two MGM facilities in Mississippi are to follow suit Tuesday morning.

MGM's other American resorts -- located in Springfield, Massachusetts; Oxon Hill, Maryland; Yonkers, New York; and Northfield, Ohio -- were to already have been closed by Monday.

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Source Fool.com