Federal Court approves the preliminary $ 45 million settlement of MGM Cyberattack Class-Action lawsuit | Casinos and games

A federal court has granted a preliminary approval of a settlement of $ 45 million in two moods in data violation against Las Vegas-based MGM Resorts International.

Final approval of the decommissioning, which involved cyberattacks, which was carried out against MGM resorts in July 2019 and September 2023, is expected in June.

According to the terms of what is called a global solution, class members are whose social security number or military identification number was subjected to a cash payment of $ 75, while those whose passport number or driver’s license was subjected to $ 50. In addition, all residence class members may receive identity theft and credit monitoring.

In court documents submitted to the US District Court in Nevada, lawyers estimated the group measures that MGM has a database with approximately 37 million customers.

“On behalf of millions of MGM resort customers, I am very pleased with this settlement,” said Douglas McNamara, co-leading interim class adviser and a partner at Cohen Milstein. “The hotel and entertainment industry are particularly desirable goals for hackers. The same hacker also attacked Caesars Entertainment Inc. 2023. “

McNamara is also a leading class adviser in a similar class action against Caesars.

MGM did not immediately respond to a request for comment.

MGM, which runs 11 gaming and nongaming resort properties in Las Vegas, including Bellagio, MGM Grand, Aria and Mandalay Bay, was hugged for several days of the second cyberattack in September 2023. The insurance cover finally paid for most of the estimated 100 million dollars in damage specified by the attack.

This is a developing story. Come back for updates.

Contact Richard N. Velotta at rvelotta@ theplayerlounge.com or 702-477-3893. Follow @rickvelotta at X.

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