MGM Resorts International's (MGM) sports betting and iGaming brand, BetMGM, has entered a multi-year partnership with Gannett Co., Inc. (GCI) to act as the preferred online sportsbook and casino partner for USA TODAY Sports.Per the agreement, BetMGM will provide sports betting odds and detailed betting information across the extensive USA TODAY Network, which spans more than 200 local U.S. markets in 43 states. This partnership will also leverage over 300 digital news and media brands within the network's p ...

Hospitality industry leader will more than double solar electricity access LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewabl ...

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced a public offering of $850,000,000 in aggregate principal amount of 6.125% senior notes due 2029 at par. The offering of notes was upsized from the originally announced aggregate principal amount of $675,000,000. The transaction is expected to close on September 17, 2024, subject to customary closing conditions.The Company intends to use the net proceeds from the offering of the n ...

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it proposes to offer $675,000,000 in aggregate principal amount of senior notes due 2029.The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 5.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.The notes b ...

It has been about a month since the last earnings report for MGM Resorts (MGM) . Shares have added about 0.3% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MGM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MGM Resorts Q2 Earnings & Revenues Surpass EstimatesMG ...

Companies also announce expansion of partnerships promoting responsible gaming & consumer education    LAS VEGAS, Aug. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and BetMGM announced today that they are once again partnering with the American Gaming Association (AGA) to promote Responsible Gaming Education Month (RGEM 2024) in September. The two companies will execute their responsible gaming campaign at designated National Football League (NFL) stadiums ...

文章核心观点 - MGM Resorts International的股票表现低于行业和大盘,主要受到宏观市场波动和澳门市场不确定性的影响 [1][2][3] - MGM面临的主要挑战包括:澳门市场前景不确定、拉斯维加斯增长面临阻力、过度投资于高端奢侈品业务 [4][5] - MGM的估值指标有所下降,投资者信心受到影响 [6][7][8] 公司概况 - MGM正在推进数字化战略,其数字业务BetMGM已实现盈利,并通过收购等方式增强了技术实力和内容优势 [10][11] - 公司正在积极拓展全球市场,包括在纽约、日本和阿联酋等地的项目,以及潜在的泰国市场 [12] - 公司长期战略是抓住增长机会,同时保持股东友好的方式 [13] 投资建议 - 对于现有投资者,持有MGM股票可能是较为谨慎的做法,因为短期内仍存在一些不确定性 [14][15] - 新投资者可以暂时观望,待公司不确定因素有所缓解后再考虑投资 [15]

f11photo/iStock via Getty Images Above: Denver metro looms as a key market for Monarch Casino & Resort, Inc.'s move to Colorado. Premise: Amid the AI/tech deluge that has swung volume away from many industry groups stands the casino sector, with prices at very attractive P/Es. Many of today’s investors do not remember when casino stocks, per se, commanded such strong volumes, if not frenetic runs between 1978 and 1987. Since then, there have been some fat returns north, and periods of flat lined trading ...

Single digital wallet eliminates the need to complete multiple registrationsClick here to download creative assetsLAS VEGAS, Aug. 22, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting company, is setting a new industry standard by becoming the first sports betting app to offer Nevada bettors seamless, nationwide connectivity through a single, digital wallet. Through its operation and partnership with MGM Resorts International and powered by Entain's technology, this innovative feature makes ...

LAS VEGAS, Aug. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today appointed Keith Barr, former CEO of IHG Hotels & Resorts (IHG), to the Company's Board of Directors. Barr becomes the 12th member of the board.Barr is a globally recognized leader in the hospitality industry, with more than 30 years of experience. He served as the CEO of IHG Hotels & Resorts between 2017 and 2023 and as IHG's Chief Commercial Officer between 2013 and 2017. In that time, Barr ...