(Reporting by Zeba Siddiqui in San Francisco and Shivansh Tiwary in Bengaluru; Editing by Shilpi Majumdar and Tom Hogue) MGM said it is "well-positioned" to have a strong fourth quarter with record results in November, driven mainly by a Formula One racing event slated to take place in Las Vegas. Sources earlier told Reuters AlphV worked with another outfit named Scattered Spider to break into MGM systems and steal data to hold for extortion.

A hacking group named AlphV claimed it was involved in the breach. If you cherished this posting and you would like to acquire additional facts relating to dk7 คาสิโนออนไลน์ และตัวแทนพนันออนไลน์ในเอเชีย kindly pay a visit to our own site. Kerching Casino was created in 2007. Members of the union had in September voted to authorize a city-wide strike. Unions representing roughly 53,000 Las Vegas workers on Tuesday kicked off negotiations with hotel and casino operators over a new five-year contract. Teamsters union workers at United Parcel Service ratified a new five-year contract in August, a deal that raises pay, eliminates a two-tier wage system for drivers, provides another paid holiday and ends forced overtime.

Oct 5 (Reuters) - MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems. It expects to also incur less than $10 million as a related one-time cost in the quarter ended on Sept. One of the world's largest gambling firms, MGM shut down its systems after detecting the attack to contain damage, it said. Hollywood's writers union struck a tentative deal with the Alliance of Motion Picture and Television Producers in late September after five months of failed negotiations.

Film and television writers had walked off the job in May over compensation, staffing and residual payments, among other issues. The company expects the breach will have a negative impact of about $100 million to its adjusted property core profit for its Las Vegas Strip division, and expects total occupancy of 93% this October versus 94% in the same month a year ago. Analysts who have tracked Scattered Spider say more and more organizations have been falling for the group's skilled social engineering schemes.

The MGM data breach, which the FBI is investigating, is a vivid example of how large organizations remain vulnerable to cybercrime. Union leaders representing the workers have threatened further walkouts. Thousands of Los Angeles-area hotel staffers went on a three-day strike in July over improved wages, benefits and working conditions. Last week, workers at three Detroit casinos - MGM Grand Detroit, Hollywood at Greektown and MotorCity - voted in favor of authorizing a strike at all three locations if a new contract agreement isn't reached.

The Detroit Casino Council (DCC), which represents the workers, could call for strikes as soon as mid-October, when contracts expire. Negotiators for striking Hollywood actors resumed contract talks on Monday with representatives of major studios, television networks and streaming services The striking writers were later joined by the SAG-AFTRA actors union, which remains on strike. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.