Analysis: As MGM Tries to Cash out, Sarno Raises Legal Wager to Play a Risky Hand…
The mayor is pushing back on the gaming giant’s attempt to force the city into arbitration over the approval of the sale of the eight-year-old operation. Therein lies the problem.
After years of rumors, the Las Vegas company officially wants out. Contrary to what Sarno might claim, too many of the city’s eggs were in the MGM basket.