The MGM Resorts International Mandalay Bay Resort stands in Las Vegas, Nevada, U.S., on Wednesday, April 25, 2018. MGM Resorts reported revenue for the first quarter that met the average analyst estimate. Photographer: Bridget Bennett/Bloomberg The MGM Resorts International Mandalay Bay Resort stands in Las Vegas, Nevada, U.S., on Wednesday, April 25, 2018. MGM Resorts reported revenue for the first quarter that met the average analyst estimate. (Photographer: Bridget Bennett/Bloomberg)

MGM Resorts International is estimating it could spend up to $800 million to settle lawsuits brought by victims and their families of the 2017 mass shooting at the Mandalay Bay in Las Vegas.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Amanda Bronstad

Amanda Bronstad is the ALM staff reporter covering class actions and mass torts nationwide. She writes the email dispatch Law.com Class Actions: Critical Mass. She is based in Los Angeles.

Coverage & Policy Issues
Litigation
Commercial Lines
E&S/Specialty
Emerging Risk
Public Sector Risk