Consumers have grown all too accustomed to hearing about data security breaches in recent years. The most recent chapter, involving MGM Resorts International, is noteworthy, both because of the size of the breach and the sizeable settlement that was reached. In response to two instances of data exposure in July 2019 and September 2023, MGM Resorts is providing a $45 million settlement to the parties involved. How much is the compensation and protection promised by this settlement to those whose personal information was compromised? Let’s examine the terms, eligibility, and effects of the settlement on the victims in more detail.
A variety of personal data, including names, addresses, phone numbers, email addresses, and, for certain people, extremely sensitive information like Social Security numbers and passport details, were compromised in the data breach. As part of this settlement, MGM Resorts has promised to provide a full range of benefits and compensate the victims. Although this settlement may seem like a straightforward payout, it’s important to comprehend the intricacies of eligibility, claim processes, and extra protective measures.
MGM Resorts Data Breach Settlement Information
| Attribute | Details |
|---|---|
| Settlement Amount | $45 Million |
| Exposed Data | Names, addresses, phone numbers, email addresses, Social Security numbers, passport numbers, and more. |
| Potential Compensation | Up to $75 for Social Security number exposure, $50 for passport or driver’s license number, $20 for name, address, or birthdate exposure. |
| Additional Benefits | One year of three-bureau credit monitoring, identity theft protection, and financial account monitoring with up to $1 million in fraud protection. |
| Deadline for Claims | June 3, 2025 |
| Opt-out and Objection Deadline | May 19, 2025 |
| Final Approval Hearing | June 18, 2025 |
| MGM Resorts Hotels Affected | Bellagio, ARIA, MGM Grand, Mandalay Bay, New York-New York, and more. |
Payouts and Protection Are on the Table
The promise of monetary compensation is central to the MGM Resorts settlement. The amounts, however, differ based on the kind of data that was made public. A $75 payout is offered to people whose military ID numbers or Social Security numbers were stolen. $50 will be paid to those whose driver’s license or passport information was compromised, and $20 will be paid to those whose name, address, or birthdate was compromised. The value of the settlement is greatly increased by the additional benefits of financial account monitoring and identity theft protection, even though these payouts may appear modest.
A year’s worth of comprehensive financial protection services will also be provided to breach victims. These services include fraud protection, identity theft insurance up to $1 million, and three-bureau credit monitoring. The settlement’s provisions are especially advantageous for people who might be worried about the possibility of identity theft in the future because it provides a robust layer of protection against possible misuse of exposed data.
How to File a Claim and When to Do It
It’s critical to submit your claim before the deadlines if you qualify for compensation. Individuals must submit a valid claim form by June 3, 2025, in order to be eligible for the settlement. Claimants must submit supporting documentation as part of the process, especially if they are requesting compensation for monetary losses brought on by the breach. Proof of financial harm may be provided by documents like invoices, receipts, and bank or credit card statements.
Affected parties also have until May 19, 2025, to express their objections or opt out of the settlement. Opting out may enable people to pursue alternative legal options if they so desire, but it will entail giving up compensation and the protection services offered by the settlement.
Who Qualifies for the Settlement with MGM Resorts?
The MGM Resorts settlement’s eligibility requirements are rather obvious. As long as they received a notification verifying their inclusion in the settlement, people whose personal information was compromised in the data breaches in July 2019 or September 2023 are entitled to compensation. Customers and visitors who stayed at any MGM Resorts location where their data was compromised are included in this.
Not to mention that MGM Resorts has a huge hotel portfolio, especially in Las Vegas, where some of the most renowned hotels in the world are Bellagio, ARIA, MGM Grand, Mandalay Bay, and New York-New York. You might be eligible for a portion of the settlement if you were impacted by the data breaches while staying at any of these hotels.
Next Steps: Complete Approval and Long-Term Advantages
The final approval hearing for the settlement is set for June 18, 2025. In the interim, it is imperative that qualified individuals file their claims and make sure they fulfill all due dates. The true value of the settlement is the long-term protection that victims will receive through financial account services and identity theft monitoring, but this hearing will decide whether the settlement can proceed as planned.
This settlement offers a tangible illustration of how businesses can be held responsible for their security breaches in a time when data security is more important than ever. The additional benefits of protection services are incredibly effective at reducing potential damage, even though the cash payouts might not seem like much.
