"MGM's stated goal regarding mediation is, as it always has been, to resolve these issues so that all impacts can move forward in their healing process , "the company said in an emailed statement Friday. "After several mediation sessions over several months, progress has been made, and while mediation is ongoing, the Company believes that it is reasonably possible that a settlement will be reached
"It's just as possible at this point that it does not," said Eglet. 19659007] MGM said in a regulatory filing last week it was "reasonably possible" that it would pay out between $ 735 million and $ 800 million
The documen "MGM continues to believe that it is not legally responsible for the criminal acts of the perpetrator," says the filing.
MGM Resorts International is the parent company of the corporations that own the Mandalay Bay and Las Vegas Village, the site of the festival.