{"id":131403,"date":"2020-03-27T23:49:55","date_gmt":"2020-03-28T06:49:55","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=131403"},"modified":"2020-03-29T09:24:16","modified_gmt":"2020-03-29T16:24:16","slug":"mgm-doesnt-plan-to-access-fed-coronavirus-relief-loans","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-doesnt-plan-to-access-fed-coronavirus-relief-loans\/","title":{"rendered":"MGM Resorts Won’t Borrow From Uncle Sam, But Loan Guarantees Could be Useful if Closures Extend"},"content":{"rendered":"
Grappling with the financial impact of all of its domestic gaming operations being temporarily halted because of the coronavirus outbreak, MGM Resorts International (NYSE:MGM) doesn’t plan to tap the $454 billion in loans being made available to larger businesses as part of the federal government’s $2 trillion stimulus package.<\/p>\n