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FTC withdraws investigative demand in MGM cyberattack inquiry

Regulation

The US Federal Trade Commission told MGM Resorts International that it would halt a civil investigative demand issued in January 2024 in connection with a 2023 cyberattack. MGM welcomed the withdrawal; the source said the reason for the FTC’s decision was unclear.

The withdrawal ends the investigative demand that was the subject of MGM’s legal challenge, though the source does not confirm the wider case is closed.

End-of-day close MGM Resorts (MGM), USD, to 16 April 2025
Story date16 January 202516 April 2025

Latest reported results

MGM Resorts NYSE: MGM

Quarter ended 30 September 2026

Revenue
USD 4.21bn10-Q filing 0000789570-26-000107
Operating income
USD 118.7m10-Q filing 0000789570-26-000107

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