I'm not a fan of speculating but today I called MGM Reservations for MGM Reward members and the agent was pretty unhelpful quoting me 60% more than MGM online rates
Asked to speak with a reservations manager who booked the nights with a proper discount as expected.
I asked him how long my Gold Status runs and he let me know that it runs out at the end of this month.Said I would be in next month to rematch again.

He then went onto to say to my complete surprise that going forward MGM will no longer do Hyatt status matches to any MGM Rewards elite levels /status effective sometime in June
Elite status could only be had based on how much you played inside MGM hotels once all accounts are re-accessed this June.
Effective July 1 all elite members will be shown the door stripped of any MGM status they previously held unless meeting MGM requirements.
I challenged him saying there has been no public announcement nor has any of my circle of well known bloggers brought it up privately or publicly.

The story then evolved to this.And I quote him.
"The MGM Hyatt relationship was never intended to be a rematch or status match annually but it just kind of went that way".
As of this moment he went on to say" Its over officially as of for now"."
Could upper management change their minds again possibly they have in the past"

Personally I find this hard to believe but I am putting out this conversation regardless if accurate the entire truth or complete fiction
Time will see how this all plays out.However my guess is it will continue on just as is as other than points and a resort fee waiver (valuable) what does MGM really bring to the table?
Its a nice cash cow for them having Hyatt's guests.Think its hogwash but you heard it here first right or wrong