| Why IAC Is A Better Bet Than MGM Resorts |
Why IAC Is A Better Bet Than MGM Resorts |
seekingalpha.com |
2025-05-15 14:12:00 |
Czytaj oryginał (ang.) |
| Is Bally's Turnaround a Safe Bet Amid Mixed Investor Sentiment? |
It's been a mostly bullish earnings season for casino stocks with names like MGM Resorts International NYSE: MGM and Las Vegas Sands Corp. NYSE: LVS having posted solid earnings. But the third time wasn't a charm for Bally's Corp. NYSE: BALY. |
marketbeat.com |
2025-05-15 12:15:15 |
Czytaj oryginał (ang.) |
| MGM RESORTS INTERNATIONAL WELCOMES RYAN ABBOUSHI AS PRESIDENT OF ENTERTAINMENT |
Abboushi will lead company's entertainment programming and operations LAS VEGAS , May 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that veteran talent agent Ryan Abboushi is joining the company as President of Entertainment. As leader of its entertainment division, Abboushi will oversee MGM Resorts' unified programming and operations strategy to build on and expand its position as a world-class leader in live entertainment and immersive experiences. |
prnewswire.com |
2025-05-12 20:15:00 |
Czytaj oryginał (ang.) |
| Why I Am Bullish On MGM Despite Macro Headwinds |
MGM operates some of the top resorts in the U.S., which have maintained occupancy rates above 90% over the past few years. Despite short-term macro headwinds, I think the long-term outlook remains positive for Las Vegas, iGaming, and sports betting. MGM is well-positioned to benefit from the overall growth, and many of the current risks can be mitigated by extending the investment time horizon. |
seekingalpha.com |
2025-05-11 10:37:21 |
Czytaj oryginał (ang.) |
| MGM RESORTS ANNOUNCES NEW EMPLOYMENT AGREEMENT WITH CEO & PRESIDENT BILL HORNBUCKLE |
LAS VEGAS , May 8, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that it has reached a new employment agreement with CEO & President Bill Hornbuckle through December 31, 2028. As part of his new employment contract, the Company has also agreed to offer Hornbuckle an advisory agreement at the end of the term to assist with its integrated resort project in Osaka, Japan until its opening. |
prnewswire.com |
2025-05-08 20:15:00 |
Czytaj oryginał (ang.) |
| MGM: $8b Japan Casino Shovel In The Ground Could Ignite A New Brick And Mortar Era Globally |
MGM starts game changer mega casino in Osaka to debut in 2030. Estimates $5B in EBITDA. Casino projects will soar in scale with new demands by governments. |
seekingalpha.com |
2025-05-04 15:50:41 |
Czytaj oryginał (ang.) |
| MGM Resorts' Q1 Earnings & Revenues Beat Estimates, Stock Up |
MGM's first-quarter top line reflects soft contributions from MGM China, Las Vegas Strip Resorts and regional operations. |
zacks.com |
2025-05-01 12:50:43 |
Czytaj oryginał (ang.) |
| MGM China Reports 2025 First Quarter Results |
Sequential Growth in Adjusted EBITDA and Market S hare HONG KONG , May 1, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2025 (the "Period"). The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 12% quarter-to-quarter to 109,585, recovered to 95% of same period in 2019. |
prnewswire.com |
2025-05-01 10:42:00 |
Czytaj oryginał (ang.) |
| MGM Resorts International (MGM) Q1 2025 Earnings Call Transcript |
MGM Resorts International (NYSE:MGM ) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Howard Wang - VP of IR Bill Hornbuckle - CEO and President Jonathan Halkyard - CFO and Treasurer Corey Sanders - COO Conference Call Participants Brandt Montour - Barclays Carlo Santarelli - Deutsche Bank David Katz - Jefferies Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley John DeCree - CBRE Barry Jonas - Truist Securities Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International First Quarter 2025 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Gary Fritz, President of MGM Interactive; Kenneth Feng, Executive Director and President of MGM China Holdings; and Howard Wang, Vice President, Investor Relations. |
seekingalpha.com |
2025-05-01 00:41:19 |
Czytaj oryginał (ang.) |
| MGM (MGM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-04-30 23:35:51 |
Czytaj oryginał (ang.) |
| MGM Resorts (MGM) Beats Q1 Earnings and Revenue Estimates |
MGM Resorts (MGM) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.74 per share a year ago. |
zacks.com |
2025-04-30 22:30:48 |
Czytaj oryginał (ang.) |
| MGM RESORTS INTERNATIONAL REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTS |
Record 1Q Las Vegas Strip occupancy and slot win, with slot win up 7% year over year BetMGM venture reported significant revenue growth and a substantial year over year turn to positive EBITDA in 1Q 2025 Repurchased 15 million shares in 1Q 2025, reducing shares outstanding by 43% since the beginning of 2021 Board of Directors authorized a new $2 billion share repurchase program MGM Rewards program crossed 50 million members, a notable milestone reflecting the staying power of MGM Resort's iconic brands LAS VEGAS , April 30, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2025. "MGM Resorts achieved strong first quarter results across our portfolio in the face of the well anticipated comparison to last year's Super Bowl in Las Vegas, highlighted by a positive EBITDA performance at our BetMGM venture," said Bill Hornbuckle, Chief Executive Officer & President of MGM Resorts International. |
prnewswire.com |
2025-04-30 20:15:00 |
Czytaj oryginał (ang.) |
| MGM Resorts to Post Q1 Earnings: What's in the Cards for the Stock? |
MGM's Q1 2025 performance is likely to have benefited from robust domestic demand trends and sustained strength in digital expansion. |
zacks.com |
2025-04-29 14:10:46 |
Czytaj oryginał (ang.) |
| Entain shares advance 9% on BetMGM profit boost and outlook |
Shares in Entain PLC (LSE:ENT) jumped 9% on Monday after its US joint venture BetMGM posted a $22 million profit in the first quarter, up from a $132 million loss a year ago. The update boosted confidence that the operation will deliver full-year positive EBITDA in 2025. |
proactiveinvestors.co.uk |
2025-04-28 14:00:22 |
Czytaj oryginał (ang.) |
| BetMGM swings to profit in first quarter amid e-betting surge |
U.S. sports-betting service BetMGM, a joint venture between MGM Resorts and Entain , posted core profit for the first quarter on Monday, supported by strong growth in its iGaming and online sports divisions. |
reuters.com |
2025-04-28 11:45:21 |
Czytaj oryginał (ang.) |
| BETMGM 1Q 2025 BUSINESS UPDATE |
Strong start to 2025 affirms strategic approach and confidence of positive EBITDA in 2025 LAS VEGAS , April 28, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its 1Q 2025 performance. BetMGM's strong momentum from 2H 2024 continued during 1Q 2025, driven by its leading iGaming offering and strengthened sports product, and refined approach to player management 1Q Net Revenue up +34% YoY with strong growth across both iGaming (+27%) and Online Sports (+68%) Positive 1Q EBITDA and underlying trends reaffirm confidence that FY 2025 will be EBITDA positive1 Adam Greenblatt, Chief Executive Officer of BetMGM, commented: "2025 is off to an encouraging start for BetMGM as we execute our revised strategic plan. |
prnewswire.com |
2025-04-28 11:00:00 |
Czytaj oryginał (ang.) |
| Earnings Preview: MGM Resorts (MGM) Q1 Earnings Expected to Decline |
MGM (MGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-23 15:07:05 |
Czytaj oryginał (ang.) |
| MGM Resorts International and Entain Notice of BetMGM 1Q 2025 Business Update and Conference Call |
LAS VEGAS , April 17, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release a business update for the period January 1 – March 31 2025 ("1Q") on Monday April 28 2025 at 7:00am ET / 4:00am PT (12:00pm UK). BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK). |
prnewswire.com |
2025-04-17 11:00:00 |
Czytaj oryginał (ang.) |
| These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar |
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP. |
zacks.com |
2025-04-16 13:55:41 |
Czytaj oryginał (ang.) |
| BELLAGIO FOUNTAIN CLUB RETURNS FOR FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX 2025 |
Celebrated Chefs, Unmatched Views and New Pricing Solidify Bellagio Fountain Club as the Premier Las Vegas Grand Prix Experience LAS VEGAS , April 9, 2025 /PRNewswire/ -- Tickets are now on sale for MGM Resorts International's Bellagio Fountain Club, one of the most coveted FORMULA 1® HEINEKEN LAS VEGAS GRAND PRIX 2025 race-watching and dining destinations. Featuring unparalleled views of the Fountains and a prime vantage point of the track's longest straightaway, Bellagio Fountain Club returns as the pinnacle of race-weekend hospitality, merging adrenaline-fueled action with a curated rotation of globally celebrated chefs and appearances from some of the industry's top celebrities, DJs and entertainers, only possible in the Entertainment and Sports Capital of the World. |
prnewswire.com |
2025-04-09 19:56:00 |
Czytaj oryginał (ang.) |
| MGM Resorts International Joins the College Basketball Crown as Official Partner |
LOS ANGELES--(BUSINESS WIRE)--The College Basketball Crown today announced MGM Resorts International as an Official Partner of the post-season tournament taking place in Las Vegas. |
businesswire.com |
2025-02-27 14:03:00 |
Czytaj oryginał (ang.) |
| End of an era: Amazon MGM takes creative control over James Bond franchise |
In a James Bond shakeup that stirred the film industry, Amazon MGM announced Thursday that the studio has taken the creative reins of the 007 franchise after decades of family control. Longtime Bond custodians Michael G. |
fastcompany.com |
2025-02-21 19:10:58 |
Czytaj oryginał (ang.) |
| Bond's new boss: Amazon MGM takes creative control of 007 franchise |
Amazon MGM Studios is taking creative control of the James Bond franchise. Transcript: Conway Gittens: The James Bond movie franchise was already in the hands of the Amazon MGM Studios, but now the iconic spy series will be totally under the studio's creative control. |
youtube.com |
2025-02-20 18:34:38 |
Czytaj oryginał (ang.) |
| Amazon MGM Studios strikes deal for 007, takes over creative control of James Bond film franchise |
Will James Bond finally return to action? The prospect for a new film in the long-running spy thriller series increased dramatically on Thursday with the announcement that Amazon MGM Studios had reached a new 007 deal. |
geekwire.com |
2025-02-20 16:49:24 |
Czytaj oryginał (ang.) |
| MGM Resorts Stock Soars and the Future Gets Brighter |
MGM Resorts (MGM -1.39%) isn't a high-growth company, but it is a great value stock with improving markets in Macao and online gaming. Travis Hoium shows why the value and the company's buybacks are most compelling to investors today. |
fool.com |
2025-02-15 08:30:00 |
Czytaj oryginał (ang.) |
| Live Markets: S&P Flashes Green, TSLA, INTC Rally |
Today the markets are displaying a show of resilience in the face of headwinds like inflation and tariffs, with all three of the major indices trading higher out of the gate. The S&P 500 has been buoyed by stocks like Tesla (Nasdaq: TSLA) and Apple (Nasdaq: AAPL) while Microsoft (Nasdaq: MSFT) and Amazon (Nasdaq: AMZN) got off to a slower start. President Trump is expected to hold a news conference on reciprocal tariffs this afternoon, which should be positive for the auto sector. Tesla is extending its gains in morning trading, rising by nearly 4% after securing a massive $400 million contract from the U.S. government for its armored vehicles. Separately, following Elon Musk’s nearly $100 billion bid for OpenAI, the serial acquirer said he would drop his offer if the company remains in its current structure as a non-profit, according to reports. OpenAI backer Microsoft is trading slightly lower at last check. Here’s a look at market performance as of mid-morning: Dow Jones Industrial Average: Up 80 points (+0.18) Nasdaq Composite: Up 157.29 points (+0.83%) S&P 500: Up 30.11 points (+0.50) Key Points Stocks are attempting gains out of the gate in the face of hot inflation data. Tesla is a catalyst after the EV maker landed a lucrative government contract. Earnings season rolls on. Market Movers Advanced Micro Devices (Nasdaq: AMD) is getting a pop, rising almost 2% as of mid-morning. Some insider buying activity could be sparking gains as the company’s chief commercial officer scooped up $500,000 worth of shares in his first purchase in years. Intel (Nasdaq: INTC) continues its bullish run with an impressive 8% gain on the day. The stock hasn’t put on a show like this in over 20 years. Robinhood (Nasdaq: HOOD) stock is racing ahead by a double-digit percentage on strong earnings including a whopping 700% y-o-y increase in cryptocurrency revenue. Analyst firm Baird is reportedly bullish on energy services play GE Vernova (NYSE: GEV), saying the company is well positioned to meet growing energy demand. Baird analysts started coverage of the stock with an “outperform” rating and $448 price target attached. The stock is up 1.5% today. Casino operator MGM Resorts (NYSE: MGM) is soaring about 14% on the day, buoyed by a strong earnings print, further buoyed by China and a rosy forecast. Hertz (Nasdaq: HTZ) shares are sinking in response to weaker-than-expected quarterly results, including a wider loss than anticipated. The stock is down over 4%, owing to its failed push into electric vehicles for which it featured Teslas. The post Live Markets: S&P Flashes Green, TSLA, INTC Rally appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-02-14 12:00:10 |
Czytaj oryginał (ang.) |
| S&P 500 Gains and Losses Today: MGM Stock Surges as Macau, Digital Businesses Thrive |
Major U.S. equities indexes moved higher as President Donald Trump signed an executive order instructing his administration to investigate reciprocal tariffs but stopped short of immediately imposing the taxes. |
investopedia.com |
2025-02-13 19:00:41 |
Czytaj oryginał (ang.) |
| MGM Resorts' Q4 Earnings & Revenues Beat Estimates, Stock Rises |
MGM's fourth-quarter top line reflects strong contributions from MGM China and regional operations. |
zacks.com |
2025-02-13 11:21:25 |
Czytaj oryginał (ang.) |
| MGM Resorts International (MGM) Q4 2024 Earnings Call Transcript |
MGM Resorts International (NYSE:MGM ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Howard Wang - VP of IR Bill Hornbuckle - CEO and President Jonathan Halkyard - CFO and Treasurer Gary Fritz - President, MGM Interactive Corey Sanders - COO Kenneth Feng - Executive Director and President, MGM China Holdings Conference Call Participants Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays David Katz - Jefferies Barry Jonas - Truist Securities John DeCree - CBRE Stephen Grambling - Morgan Stanley Dan Politzer - Wells Fargo Robin Farley - UBS Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International Fourth Quarter and Full Year 2024 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Gary Fritz, President of MGM Interactive; Kenneth Feng, Executive Director and President of MGM China Holdings; Hubert Wang, COO and President of MGM China Holdings; and Howard Wang, Vice President of Investor Relations. |
seekingalpha.com |
2025-02-12 23:28:53 |
Czytaj oryginał (ang.) |
| Compared to Estimates, MGM (MGM) Q4 Earnings: A Look at Key Metrics |
The headline numbers for MGM (MGM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-12 21:01:28 |
Czytaj oryginał (ang.) |
| MGM Resorts (MGM) Surpasses Q4 Earnings and Revenue Estimates |
MGM Resorts (MGM) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $1.06 per share a year ago. |
zacks.com |
2025-02-12 20:26:27 |
Czytaj oryginał (ang.) |
| MGM Resorts' Q4 EPS Outpaces Estimates |
MGM Resorts International (MGM 0.29%), a leading global hospitality and entertainment company, released its fourth-quarter results on Feb. 12. Significantly, its adjusted EPS came in at $0.45, surpassing expectations of $0.32, as revenues of $4.35 billion exceeded the expected $4.27 billion. |
fool.com |
2025-02-12 19:31:31 |
Czytaj oryginał (ang.) |
| MGM China Reports 2024 Annual Results |
Record-High Revenue and EBITDA Market Share Continued to Grow HONG KONG , Feb. 12, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and 12 months ended December 31, 2024. The Group is pleased to see Macau continuing to grow in 2024. |
prnewswire.com |
2025-02-12 19:24:00 |
Czytaj oryginał (ang.) |
| MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND RECORD FULL YEAR 2024 RESULTS |
MGM Resorts reports record full year consolidated net revenues, up 7% to $17.2 billion MGM China has record full year Segment Adjusted EBITDAR of $1.1 billion, an increase of 25% from prior year Repurchased over 33 million shares in 2024, reducing shares outstanding by more than 40% since 2021 BetMGM accelerated its revenue growth through 2024 and expects to be profitable in 2025 LAS VEGAS , Feb. 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2024. "MGM Resorts is proud to report the best full-year consolidated net revenues in the history of the Company, driven by record performance from MGM China," said Bill Hornbuckle, Chief Executive Officer & President of MGM Resorts International. |
prnewswire.com |
2025-02-12 18:05:00 |
Czytaj oryginał (ang.) |
| NETFLIX BITES IS NOW OPEN! |
NETFLIX AND MGM GRAND UNVEIL NEW DINING EXPERIENCE IN LAS VEGAS – Reveal of Full Menu Inspired by Fan-Favorite Shows and Movies, Including Bridgerton, Stranger Things, Squid Game, ONE PIECE, Glass Onion: A Knives Out Mystery and More – Surprise Early Access: Walk-ins Are Now Welcome with Reservations Available Beginning February 20 View Full Menu Here Make a Reservation Here LAS VEGAS , Feb. 11, 2025 /PRNewswire/ -- Order up! NETFLIX BITES Vegas is now open at MGM Grand Hotel & Casino, embarking on a savory one-year culinary residency that invites guests to dig into dishes and drinks that bring the magic of the screen to the table. |
prnewswire.com |
2025-02-11 16:07:00 |
Czytaj oryginał (ang.) |
| BetMGM, DraftKings score ‘most successful' Super Bowl in history as football bettors' winning streak ends |
Sportsbooks were pulling for an Eagles win, and they got it, ending one of the most ‘customer-friendly' NFL seasons to date. |
marketwatch.com |
2025-02-10 14:43:00 |
Czytaj oryginał (ang.) |
| Countdown to MGM (MGM) Q4 Earnings: Wall Street Forecasts for Key Metrics |
Besides Wall Street's top -and-bottom-line estimates for MGM (MGM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024. |
zacks.com |
2025-02-10 12:21:23 |
Czytaj oryginał (ang.) |
| MGM Resorts to Post Q4 Earnings: What's in the Cards for the Stock? |
MGM's Q4 2024 performance is likely to have benefited from strategic customer pricing initiatives, omnichannel strategy and Marriott Bonvoy collaboration. |
zacks.com |
2025-02-10 11:26:15 |
Czytaj oryginał (ang.) |
| MGM Resorts: Undervalued Too Long, It Needs To Spin Off Its Digital Unit To Build Real Value |
MGM Resorts International's stock is stable between $33.23 and $46.60, supported by strong revenue, EBITDA, and a value P/E of 10.63. Global expansion includes a $8 billion Japan project, financed by cheaper debt, showcasing a solid financial profile. BetMGM holds an 11% share in the U.S. sports betting market, trailing FanDuel (35%) and DraftKings (32%). |
seekingalpha.com |
2025-02-06 12:40:50 |
Czytaj oryginał (ang.) |
| MGM Resorts' BetMGM Offers a Glimpse of Its Fiscal 2024 Performance |
BetMGM announces fiscal 2024 performance update. MGM envisions bright prospects thanks to the robust trends for its BetMGM brand. |
zacks.com |
2025-02-05 14:06:09 |
Czytaj oryginał (ang.) |
| Tax Loss Selling, Three (More) Oversold Stocks |
UnitedHealth Group shares have dropped over 20% due to public backlash and political rhetoric; current valuation suggests 17-30% upside potential. IAC remains undervalued in a SOTP framework, with MGM Resorts presenting significant upside due to its clean balance sheet and undervalued core US gaming business. MGM's US gaming business is undervalued at ~9x free cash flow; fair value suggests 25-43% upside when considering its Chinese business stake. |
seekingalpha.com |
2024-12-19 07:55:00 |
Czytaj oryginał (ang.) |
| W LAS VEGAS DEBUTS AT MANDALAY BAY |
Hotel officially joins the MGM Collection with Marriott Bonvoy portfolio, marking the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International LAS VEGAS , Dec. 18, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Marriott International, Inc. (Nasdaq: MAR) officially mark the debut of W Las Vegas , transitioning the iconic 1,117-suite tower on the Mandalay Bay campus into the globally recognized W Hotels brand. Starting today, Marriott Bonvoy members can book stays and earn and redeem points at this vibrant destination, now part of the MGM Collection with Marriott Bonvoy. |
prnewswire.com |
2024-12-18 11:00:00 |
Czytaj oryginał (ang.) |
| Where Will MGM Resorts Stock Be in 5 Years? |
MGM Resorts (MGM -1.50%) was a post-pandemic winner because it benefited from the resurgence of America's in-person entertainment venues after the lockdowns and other movement restrictions. However, with Las Vegas gambling near its peak, the company must look to new international markets to pioneer the next leg of long-term growth. |
fool.com |
2024-12-16 06:06:00 |
Czytaj oryginał (ang.) |
| MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER |
LAS VEGAS , Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will oversee the Company's global design and development efforts and sports and entertainment partnerships. |
prnewswire.com |
2024-12-05 16:00:00 |
Czytaj oryginał (ang.) |
| MGM Resorts International and MGM China to Speak at Leveraged Finance Conference |
LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the 2024 Bank of America Leveraged Finance Conference on Tuesday, December 3, 2024. Senior leadership from MGM Resorts International and MGM China will speak at a session scheduled to begin at 9:30 a.m. |
prnewswire.com |
2024-12-02 11:00:00 |
Czytaj oryginał (ang.) |
| MGM (MGM) Up 1.4% Since Last Earnings Report: Can It Continue? |
MGM (MGM) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-29 14:37:03 |
Czytaj oryginał (ang.) |
| MGM RESORTS LEADS THE CHARGE AT LAS VEGAS GRAND PRIX WITH EXCLUSIVE EVENTS AND STAR POWER |
Sold-Out Bellagio Fountain Club Headlines Race Weekend Experiences with Celebrity Chefs, Top Drivers, Stars and More Click here to download high-res images (credit: MGM Resorts) Click here to download b-roll from Bellagio Fountain Club, Fountain Walk, Boulevard Experience and Shoey Bar (footage courtesy of MGM Resorts) LAS VEGAS , Nov. 25, 2024 /PRNewswire/ -- As the checkered flag waves on the second year of the Las Vegas Grand Prix, MGM Resorts International has once again delivered as the ultimate race-weekend destination. Fans, celebrities and even top drivers - including Max Verstappen, George Russell, Lewis Hamilton and Carlos Sainz – took part in the unforgettable experiences the company curated across the Las Vegas Strip. |
prnewswire.com |
2024-11-25 17:49:00 |
Czytaj oryginał (ang.) |
| BetMGM Rewards Points Now Combined Into Single, Digital Wallet |
Streamlined nationwide access to digital bonuses, MGM Rewards Points, Marriott Bonvoy Points, and more JERSEY CITY, N.J. , Nov. 25, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today announced a major enhancement to its customer experience by consolidating BetMGM Reward Points (BRPs) into a single account. |
prnewswire.com |
2024-11-25 15:45:00 |
Czytaj oryginał (ang.) |
| Here's Why Investors Should Retain MGM Resorts Stock for Now |
MGM focuses on strategic partnerships and international expansion to drive growth. However, high costs are a concern. |
zacks.com |
2024-11-22 12:16:28 |
Czytaj oryginał (ang.) |
| Cisco and MGM Resorts International Sign Multi-Year Agreement |
Bringing the Next Generation of Guest Experience to Las Vegas and Beyond News Summary: Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco to deliver next-generation guest experiences. Agreement gives MGM Resorts access to much of Cisco's software portfolio and Customer Experience (CX) services. |
prnewswire.com |
2024-11-18 14:12:00 |
Czytaj oryginał (ang.) |
| Why MGM Is A Buy: The Complete Guide |
MGM Resorts International offers a compelling investment opportunity with strong momentum in 2025, driven by Las Vegas tourism, digital gaming, and new geographic developments. The company operates four segments: Las Vegas, Regionals, and China, and Digital. Key growth drivers include new resort developments in Japan, Thailand, UAE, and digital expansion internationally, enhancing MGM's revenue and free cash flow. |
seekingalpha.com |
2024-11-11 09:27:26 |
Czytaj oryginał (ang.) |
| MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet? |
Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It's hard to believe, but the world's largest gaming destination, Macau, was only completely reopened in February of 2023 as China finally relaxed its zero-COVID restrictions after three years. |
marketbeat.com |
2024-11-07 09:00:19 |
Czytaj oryginał (ang.) |
| MGM Resorts Teams with USO and American Airlines for 14th Annual Salute to the Troops at Mandalay Bay |
More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend LAS VEGAS , Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino. |
prnewswire.com |
2024-11-04 11:18:00 |
Czytaj oryginał (ang.) |
| MGM RESORTS INTERNATIONAL SHIFTS INTO HIGH GEAR FOR 2024 LAS VEGAS GRAND PRIX NOVEMBER 21-23 |
New Experiences Revealed for Once-in-a-Lifetime Race Weekend Across Iconic Center-Strip Resorts Click here for the full lineup, more information and to book reservations ; Follow @MGMResortsIntl for updates LAS VEGAS , Nov. 1, 2024 /PRNewswire/ -- Push! Push! MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations and events across The Strip designed to entertain fans leading up to and during race weekend. |
prnewswire.com |
2024-11-01 11:30:00 |
Czytaj oryginał (ang.) |
| Down 12%, This Stock Is a Screaming Buy Today |
The fundamentals are good for this entertainment company, but the market's reaction to earnings gets the potential wrong. |
fool.com |
2024-11-01 09:37:31 |
Czytaj oryginał (ang.) |
| MGM Resorts' Q3 Earnings Miss Estimates, Revenues Increase Y/Y |
MGM's third-quarter top line reflects strong contributions from MGM China, Las Vegas Strip Resorts and Regional operations. |
zacks.com |
2024-10-31 09:56:07 |
Czytaj oryginał (ang.) |
| MGM Resorts International (MGM) Q3 2024 Earnings Call Transcript |
MGM Resorts International (NYSE:MGM ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Chapman - Director of Investor Relations Jonathan Halkyard - Chief Financial Officer William Hornbuckle - Chief Executive Officer and President Gary Fritz - President, MGM Resorts International Interactive Corey Sanders - Chief Operating Officer Hubert Wang - COO and President, MGM China Holdings Kenneth Feng - Executive Director and President of MGM China Holdings Conference Call Participants Joseph Greff - JPMorgan Shaun Kelley - Bank of America Carlo Santarelli - Deutsche Bank David Katz - Jefferies Stephen Grambling - Morgan Stanley Daniel Politzer - Wells Fargo Brandt Montour - Barclays John Decree - CBRE Barry Jonas - Truist Securities Steven Wieczynski - Stifel Chad Beynon - Macquarie Operator Good afternoon, and welcome to the MGM Resorts International Third Quarter 2024 Earnings Conference Call. Joining the call from the company today are Bill Hornbuckle, Chief Executive Officer and President; Corey Sanders, Chief Operating Officer; Jonathan Halkyard, Chief Financial Officer and Treasurer; Kenneth Feng, Executive Director and President of MGM China Holdings; Hubert Wang, COO and President of MGM China Holdings, and Andrew Chapman, Director of Investor Relations. |
seekingalpha.com |
2024-10-30 22:51:02 |
Czytaj oryginał (ang.) |
| MGM (MGM) Reports Q3 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-30 21:36:35 |
Czytaj oryginał (ang.) |
| MGM Resorts (MGM) Q3 Earnings and Revenues Lag Estimates |
MGM Resorts (MGM) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.64 per share a year ago. |
zacks.com |
2024-10-30 20:45:42 |
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| MGM China Reports 2024 Nine-Month Results |
Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth A ll Surpassed 2019 Levels HONG KONG , Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period"). The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023. |
prnewswire.com |
2024-10-30 20:38:00 |
Czytaj oryginał (ang.) |