After suffering the indignity of a “thorough national search” to find a possible replacement, interim MGM Resorts International CEO Bill Hornbuckle has been named to the position on a permanent basis. This should have been a no-brainer for MGM, especially given Hornbuckle’s experience with (22 years’ worth) and intimate knowledge of the company. Who better was out there? Gary Loveman? Sheesh. After the ouster of Jim Murren, Hornbuckle has provided a steadying presence at a company that needed one to weather the Covid-19 pandemic. We congratulate him on an honor well-deserved.
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New Caesars: Carl Icahn & his partners certainly know the casino industry. Looks like Icahn is doing a “White Star Line Titanic Bruce Ismay & Captain Smith” tactic – don’t go down with the ship – get off first like they did!