MGM Cyberattack to Cost $100 Million in Lost Revenue, Impacts Bookings and Hotel Occupancy

MGM Resorts says September cyberattack will cost $100 million in lost revenue, primarily in Las Vegas.

Attack disrupted bookings and lowered hotel occupancy in September and October.

Company expects to rebound in November with Formula 1 event driving demand.

Hackers accessed some customer data from before 2019 including names, contact info and SSNs.

MGM providing identity protection services to impacted individuals.