The Reno-based company said that its casino and online operations were not disrupted.Ĭaesars was widely reported to have paid $15 million of a $30 million ransom sought by a group called Scattered Spider for a promise to secure the data. MGM wasn’t the only casino giant to get hit by hackers last month.
In addition to the estimated $100 million loss on adjusted property earnings before interest, taxes, depreciation, amortization and rent for its Las Vegas Strip resorts and other regional operations, MGM expects to incur charges totaling less than $10 million covering one-time expenses like legal fees and technology consulting. In a filing with the Securities and Exchange Commission, MGM said it believes that September’s data breach will have a negative impact on its third-quarter financial results, particularly in Las Vegas - but minimal impact in the fourth quarter and operational results for the year.
