MGM might pay $800 million in Las Vegas shooting settlement

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MGM might pay $800 million in Las Vegas shooting settlement
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Casino giant MGM Resorts told federal regulators it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history.

People carry flowers as they walk near the Mandalay Bay hotel and casino during a vigil for victims and survivors of a mass shooting in Las Vegas on April 1, 2018.

He said he represents about 4,200 claimants, including those who have sued in California, Nevada and other states, and people who have not formally filed for damages. Eglet said he reviewed the SEC document on Thursday and agreed that a settlement should be reached within a year. MGM Resorts has defended itself against liability claims, outraging victims last summer when it filed lawsuits against more than 1,900 people in a bid to consolidate claims in one federal court.

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