Casino algorithms are a blend of mathematics, probability theory, and computer science. These algorithms use complex mathematical formulas to generate random outcomes for each game.
MGM Resorts International said on Thursday a cyberattack last month that disrupted its operations would cause a $100 million hit to its third-quarter results, as it works to restore its systems. One of the world's largest gambling firms, MGM shut down its systems after detecting the attack to contain damage, it said.