MGM Resorts CEO Jim Murren Plans to Step Down

MGM Resorts CEO Jim Murren Plans to Step Down

Assessment

Interactive Video

Business

University

Hard

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The video discusses the stepping down of CEO Jim Barnes, who has been with the company since 1998. It highlights the pressure from activist investors and the company's shift to an asset-light strategy. The impact of the coronavirus on casino operations, particularly in Macau and Las Vegas, is also covered. The video concludes with a discussion on the future challenges for the new CEO, as the company transitions to a brand licensor model.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the casino industry been affected by the recent events mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of company will the new CEO inherit once the current CEO leaves?

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