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Joe Balice Comments to Bloomberg on Staggering MGM Settlement

This week, MGM Resorts International agreed to pay up to $800 million to the victims of the devastating October 2017 “Harvest Festival” Las Vegas mass shooting. Bloomberg reached out to BG Law insurance attorney Joe Balice for his comments on the settlement.
“The size of the settlement suggests the company is genuinely concerned about compensating victims of the shooting,” said Joe Balice, an attorney with BG Law in Los Angeles who wasn’t involved in the litigation. “But it also would have been difficult to fight the claims in court, given the ‘optics’ of challenging victims,” he said.

“Their business model is based on tourists coming to their properties and feeling safe,” Balice said. “The sooner they put this behind them and out of the headlines, the better.”

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