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MGM Resorts resumes operations after cyberattack, working to restore full services

MGM Resorts (NYSE:MGM) International has announced a return to normal operations across its US properties, following a cyberattack that led to a 10-day shutdown of its computer systems, the company said on Thursday confirming that resort services, dining, entertainment, pools, and spas were operational once again.

The company further stated that its website and phone app were back online for dining and spa reservations. However, work is still underway to restore the hotel booking and loyalty reward functions. The extent of the data breach and the cost it incurred on the company were not immediately disclosed.

The cyberattack on MGM Resorts International was part of a broader issue that also affected casino company Caesars (NASDAQ:CZR) Entertainment. The Reno-based publicly traded company reported a data breach on September 7, which potentially exposed personal information of tens of millions of customers, including driver's license and Social Security numbers of loyalty rewards members. Despite the attack, Caesars Entertainment said its casino and online operations were not disrupted.

While MGM Resorts International is gradually restoring services, it did not provide immediate details about what information may have been compromised or how much the break-in cost the company. The casino company is working diligently to ensure full restoration of all its services in the wake of the cyberattack.

In addition to MGM Resorts International's efforts to restore full services, Caesars Entertainment has taken steps to ensure that the stolen data is deleted by the unauthorized actor. However, they acknowledged that they cannot guarantee this result.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.