Judge Accepts $800m Settlement For Vegas Shooting Victims

A Nevada judge accepted a $800 million settlement in a class action lawsuit brought by victims against casino operator MGM Resorts International on the eve of the third anniversary of the deadliest shooting in modern US history.

Clark County District Court Judge Linda Bell mentioned “near-unanimous participation” in the settlement between claimants in her brief order.

On October 1, 2017, from his suite on the 32nd floor of the Mandalay Bay Hotel and Casino owned by MGM in Las Vegas, a lone gunman rained bullets on a crowd of 22,000 concertgoers attending the Route 91 Harvest music festival.

The gunman, later identified as Stephen Paddock, a former Nevada accountant and avid video poker player, killed 58 people and wounded more than 850 at an open-air concert, then shot himself before his suite was reached by police.

A specific motive for Paddock ‘s assault was never determined by local police and FBI investigators.
Under the deal, MGM and the insurers will pay the families and relatives of the attack families $800 million. The casino operator will pay $49 million, while the remaining $751 million will be paid by its insurance firms. No liability for the incident was recognised by MGM, which owns both Mandalay Bay and the concert venue at which Paddock fired gunshots.

In early September, Robert Eglet, the attorney charged with handling the resolution of hundreds of cases brought against MGM, submitted resolution papers to a court in Clark County. In October 2019, the casino operator and the victims of the shooting announced that they had reached a settlement.

Last month’s 225-page civil lawsuit provides a list of more than 4,400 victims and families of victims seeking compensation and punitive damages from the casino operator for the incident. Plaintiffs, coming from almost every U.S. state, at least eight Canadian provinces, the United Kingdom, Ireland, and Iran, have accused MGM of negligence, wrongful death, and guilt for the massacre of October 1, 2017.

In the days leading up to the attack, the casino and hospitality company was accused of failing to enforce adequate safety measures during the music festival and of stopping Paddock from creating an arsenal of nearly two dozen assault-style guns.

Mr. Eglet claimed that two retired judges would decide the sums that would be disbursed to the victims and that he hoped that the first payments would be made before the end of the year. Millions of dollars might be earned from the most seriously and permanently wounded, the lawyer also noted.

The specific amounts will be measured on the basis of a variety of variables, including age, number of dependents, type of injuries sustained, past and potential medical care, and ability to function. A minimum of $5,000 will be offered to each person who has lodged a claim for unseen injuries and has not pursued medical treatment or therapy.

Memorial services will be conducted at different locations across Las Vegas today, including a reading of the names of those killed in the shooting starting at 10:05 pm-the moment Paddock started firing the first round of bullets.