A Nevada gaming regulator took an unusual step in questioning the past and present leadership of MGM Resorts International, saying the casino giant made poor financial decisions and criticized declines in the company’s stock price while he was a shareholder in the business.
Gaming Control Board member George Assad made the remarks during a public hearing in Carson City on Wednesday while the panel was considering an application by MGM to again extend the company’s approval for interactive gaming.
Assad told MGM Resorts attorney Chandler Pohl that he would “love to see MGM flourish and become one of the leaders in the industry again.”
