MGM shares closed down nearly 2.4% on Monday. The FBI confirmed that it was aware of the 'ongoing' incident but did not provide further information. 'We also notified law enforcement and took prompt action to protect our systems and data, including shutting down certain systems.' 'We quickly began an investigation with assistance from leading external cybersecurity experts,' MGM said in a post on X, formerly known as Twitter. The company reported Las Vegas rooms revenue of $706.7 million for the quarter ended June 30, compared to casino revenue of $492.2 million for the same period. Revenue from their hotel rooms in Las Vegas outstrips the revenue directly attributed to their casino operations, according to SEC filings. MGM operates thousands of hotel rooms across Las Vegas and the United States. But the reservation systems that power their thousands of hotel rooms and the booking system that controls reservations for their restaurants are apparently still down, more than a day after the first reports of the incident began to circulate. The company said that as of Monday evening, their casino floors were back online. The company's email systems were also apparently taken down in response to the cybersecurity issue, and have not yet come back online. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower The SEC's new cyber disclosure rules will not go into effect until the end of the year, so MGM is not yet obligated to provide more information to the SEC than they already have.Best Debt Consolidation Loans for Bad Credit The FBI told CNBC on Monday it is monitoring the 'ongoing' situation.

MGM's share price has declined more than 6% since Monday, the day it first acknowledged the outages, compared to a modest gain in the S&P 500 during the same period.

The spokesperson declined to comment on the Moody's warning. The spokesperson later clarified he was not speaking of the company's position beyond what was in the filing. An MGM spokesperson confirmed the company views the incident as material. MGM on Wednesday filed a 8-K report with the Securities and Exchange Commission noting that on Tuesday the company issued a press release 'regarding a cybersecurity issue involving the Company.'Ĩ-Ks as a rule are filed when publicly traded companies want to notify the SEC of an event that can have a material effect on the firm. The company's corporate email, restaurant reservation and hotel booking systems remain offline as a result of the attack, as do digital room keys. Best Debt Consolidation Loans for Bad Credit

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