The 2017 tragedy, which left 58 people dead and hundreds injured, is the deadliest mass shooting in modern U.S. history
Two years after a shooter rained gunfire on country music fans from a high-rise Las Vegas hotel, MGM Resorts International reached a settlement that could pay up to $800 million to families of the 58 people who died and hundreds of others who were injured, attorneys announced Thursday.
The settlement creates the third-largest victims compensation fund in U.S. history, according to a claims administrator who has doled out money in major attacks and disasters. Kenneth Feinberg, who wasn’t involved in the Las Vegas deal, said he oversaw $7.1 billion in victim compensation after the Sept. 11, 2001 terrorist attacks and $6.5 billion following the 2010 BP oil spill in the Gulf of Mexico.
An independent administrator will be appointed by a court to dole out money from the settlement fund, attorneys and MGM said. They expect to wrap up the work by late next year, a timeline that Feinberg called “very realistic.” A country music festival became a killing ground when a 64-year-old retired accountant and high-stakes video poker player fired out the windows of his hotel room into the crowd.
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