MGM acknowledged no liability in the incident whilst lawsuits claimed MGM was negligent, and accused the casino of wrongful death and liability.
After months of discussion, all sides in the class action lawsuit against the casino owner agreed to the settlement. It will be split among more than 4,000 claimants in the class action suit with the exact amounts going to each victim being determined by two retired judges.
The shooting, that took place on October 1, 2017, is considered the deadliest mass shooting in modern US history with 58 killed and nearly 700 wounded before the gun man killed himself.
In ten minutes the gunman fired more than 1,000 rounds of ammunition from his 32nd floor suites in the Mandalay Bay Hotel at concert goers below.
MGM said: “We are grateful that the decision brings families, victims and the community closer to closure. It is especially meaningful that the decision comes one day before the third anniversary of the incident, a time of great sadness and reflection.”
Clark County Sheriff Joe Lombardo said: “What we have been able to answer are the questions of who, what, when, where, and how. What we have not been able to answer definitively is the why.”
Source: GMB / G3 Newswire
