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$800M Settlement Reached for Vegas Shooting Victims

Court OKs deal on eve of 3rd anniversary
By Newser Editors and Wire Services
Posted Oct 1, 2020 12:05 AM CDT

(Newser) – A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in modern US history. The action makes final a deal settling dozens of lawsuits on the eve of the third anniversary of the mass shooting that killed 58 people and injured more than 850 at an open-air concert near the Mandalay Bay resort, the AP reports. Clark County District Court Judge Linda Bell, in her brief order, cited “near-unanimous participation in the settlement among potential claimants.” More than 22,000 people were attending an outdoor music festival when a gunman firing military-style weapons from windows on the 32nd floor of the Mandalay Bay rained rapid-fire bullets into the crowd.

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MGM Resorts, owner of the hotel and the concert venue, acknowledged no liability. It will pay $49 million, while its insurance companies will pay $751 million. Attorney Robert Eglet, the plaintiffs’ lawyer who spent a year arranging the settlement with clients, legal firms, and attorneys in at least 10 states, said the amounts to be disbursed will be determined by two retired judges and he’s hopeful that payments will begin going out by the end of the year. In various lawsuits, victims and families accused MGM Resorts of failing to protect people at the concert venue or stop the shooter from amassing an arsenal of weapons and ammunition over several days before he opened fire. Millions of dollars could go to the most severely and permanently injured, Eglet said, depending on factors including age, number of dependents, type of injuries, and ability to work.

(Read more mass shootings stories.)

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