MGM is Losing Big Money due to a Cyberattack

MGM is losing big money due to a cyberattack Gambling News Digest

πŸ’° MGM is losing between $4 million and $8 million per day due to a cyberattack.

According to gaming industry analyst David Katz, MGM Resorts International may be losing between $4 million and $8 million per day due to its failure to address the effects of the recent cyberattack.

On Monday, MGM began its second week of operations following the cyberattack. On Sunday, company officials said there was no information yet on the status of MGM’s computer systems.

Meanwhile, a website set up to receive complaints from people about the systems not working has seen a huge amount of negative feedback, including reports of people having to pick up their slot machine winnings manually at the cash register, which takes longer.

In addition, a large number of complaints came from MGM employees who did not receive their paychecks because of the glitch.

Alex Blare

With over 10 years of experience as a qualified content writer and editor, I have a versatile portfolio covering various niches such as gambling, cryptocurrency and more. My invaluable contributions have been instrumental in the successful completion of numerous projects.

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