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Court approves MGM Resorts’ USD800 million mass shooting settlement
MGM Resorts will officially pay an $800 million settlement to compensate victims of the 2017 Mandalay Bay mass shooting in Las Vegas.
Last week Clark County District Court Judge Linda Bell approved the settlement.
MGM Resorts admitted no liability in America’s worst mass shooting but said the settlement ‘brings families, victims and the community closer to closure.’
MGM will pay $49 million and its insurers will pay out the remaining $751 million.
It will be paid to 4,400 relatives and victims of the shooting.
Regular MGM customer Stephen Paddock opened fire from a suite in the MGM Mandalay Bay, killing 58 fans attending an outdoor music festival.
Another 800 were injured.
Paddock brought a huge arsenal of high-powered weapons into the suite and used one to shoot himself.
That left investigators still unsure of his true motive for the attack.
"Our firm and the other leadership firms hope it helps victims and their families find some sense of closure and healing," Mark Robinson Jr., a California attorney representing hundreds of victims, told the AP.
Individual payments could be in the millions for the most severely injured, while a minimum of $5,000 will be paid to plaintiffs who did not require medical treatment or therapy.
Written by Ray Montgomery, US Editor
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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