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The hotel giant and lawyers for the plaintiffs issued a statement saying the total settlement amount is expected to fall between $735 million and $800 million, depending on the number of people who elect to participate in the settlement. Lawyers hope to complete the deal by late 2020.
Tuesday marked two years since Stephen Paddock fired into the crowd of 22,000 from the 32nd floor of Mandalay Bay hotel, owned by MGM, for more than 10 minutes before taking his own life. Investigators never determined a motive for the attack, the deadliest mass shooting in U.S. history.