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BETMGM LAUNCHES MOBILE SPORTS BETTING APP THROUGHOUT WASHINGTON, D.C.
Prnewswire· 2024-07-18 02:30
Operator to continue community investment throughout the DMV   Click here to download creative assets WASHINGTON, July 17, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, today launched mobile sports betting operations across Washington, D.C. Previously accessible within only a two-block radius of the sportsbook's location at Nationals Park, sports fans district-wide now have access to the BetMGM sports wagering experience along with rewards tied to both MGM Resorts and Marriott ...
Will MGM (MGM) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-16 01:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider MGM Resorts (MGM) . This company, which is in the Zacks Gaming industry, shows potential for another earnings beat.When looking at the last two reports, this casino and resort operator has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 40.77%, on average, in the last two quarters ...
MGM or CHDN: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-10 00:45
Investors interested in Gaming stocks are likely familiar with MGM Resorts (MGM) and Churchill Downs (CHDN) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Sty ...
MGM Resorts Stock: Poised for Hospitality Industry Rebound
MarketBeat· 2024-07-08 21:41
MGM Resorts International TodayMGMMGM Resorts International$43.17 +0.13 (+0.30%) 52-Week Range$34.12▼$51.35P/E Ratio16.60Price Target$54.66Add to WatchlistCasino stocks are the proverbial “rough neighborhood” in 2024, with the major players like Las Vegas Sands Co. NYSE: LVS and Wynn Resorts Ltd. NASDAQ: WYNN trading down 14.4% and 9.22%, respectively. The best house in the rough neighborhood could be MGM Resorts International NYSE: MGM, whose shares are down 3.67% YTD. The consumer discretionary sector has ...
BETMGM WINS SPORTS BETTING OPERATOR AND EMPLOYER OF THE YEAR AT EGR NORTH AMERICA AWARDS 2024
Prnewswire· 2024-07-02 21:30
JERSEY CITY, N.J., July 2, 2024 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, was recognized as Sports Betting Operator of the Year and Employer of the Year at the EGR North America Awards 2024. The EGR North America Awards, hosted in New York City on June 27, celebrate excellence in the North American online gaming industry and are considered the premier gaming awards.   "Winning two EGR North America Awards is a tremendous honor," said Adam Greenblatt, Chief Executive Officer, Bet ...
Is MGM Stock Poised To Rise To $50 With Macau's Recovery?
Forbes· 2024-07-02 20:00
A man walks in front of the Cotai's MGM hotel resort in Macau on March 15, 2023. (Photo by Eduardo ... [+] Leal / AFP) (Photo by EDUARDO LEAL/AFP via Getty Images)AFP via Getty ImagesMGM Resorts stock currently trades at $44 per share, roughly 19% below its pre-inflation shock high of $50 seen on March 17, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist inflows into the region. Now th ...
MGM Resorts International Announces Second Quarter 2024 Earnings Release Date
Prnewswire· 2024-06-26 21:00
LAS VEGAS, June 26, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, July 31, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations websi ...
MGM Resorts (MGM) to Acquire Tipico's U.S. Sportsbook Platform
ZACKS· 2024-06-26 01:15
文章核心观点 - MGM Resorts International的子公司LeoVegas Group将收购Tipico Group Ltd的美国体育博彩和在线赌场业务[1][2][3][4] - 这次收购将帮助LeoVegas在所有国际市场和品牌(BetMGM JV独家市场除外)运营自主研发的体育博彩业务[2] - 这一战略举措将确保LeoVegas提供优质的产品,具有有利的定价和功能,从而提升客户体验[2] - 作为收购的一部分,LeoVegas将获得Tipico在美国、哥伦比亚和欧洲的部分管理、技术和交易团队[3] - MGM Resorts认为这次收购标志着其全球数字游戏业务的里程碑,有助于LeoVegas为其所有市场和品牌的客户提供卓越的互联网游戏体验[4] 公司发展动力 - MGM Resorts作为游戏和住宿行业的领先企业,凭借其强大的品牌知名度,在未来发展前景良好[5] - 公司持续专注于体育博彩和互联网游戏,推动了营收的稳健增长,并拓展至新的市场[5] - 自2018年推出以来,BetMGM不断增加市场份额,目前已在28个市场运营,预计到2024年将扩展至29个市场[5] - 2022年收购LeoVegas后,MGM Resorts的数字业务也在不断增长[6] - 2023年5月1日,MGM Resorts的子公司LeoVegas宣布收购游戏开发商Push Gaming的大部分股权,支持公司在国际市场和在线游戏的拓展,并推动其全渠道战略,增加线上线下渠道的协同收益[6]
MGM Resorts International Announces Agreement to Acquire Tipico's U.S. Sportsbook
Prnewswire· 2024-06-24 14:00
文章核心观点 - MGM Resorts International的子公司LeoVegas集团已经与Tipico集团达成协议,收购Tipico在美国的体育博彩和在线赌场业务[1][2][3][4] - 这次收购是LeoVegas继2023年收购游戏开发商Push Gaming后的又一次重大投资[2] - 通过收购Tipico的美国业务,LeoVegas将能够在除BetMGM合资公司专属市场外的所有国际市场和品牌上运营自主开发的体育博彩业务,提供优质的产品、定价和功能[2][4] - 这次收购标志着MGM Resorts的全球数字游戏业务的战略发展的重要里程碑,让公司能够自主运营体育博彩平台,掌控整个技术生态系统[4] 公司概况 - MGM Resorts International是一家总部位于美国的S&P 500®全球游戏和娱乐公司,在全球拥有31家酒店和赌场目的地[5] - 公司的50/50合资公司BetMGM在北美提供体育博彩和在线游戏业务,子公司LV Lion Holding Limited在欧洲多个司法管辖区提供体育博彩和在线游戏业务[5] - 公司目前正在通过在日本的综合度假村机会,积极拓展亚洲市场[5] - 公司致力于创造更加可持续的未来,并努力在员工、客户和所在社区的生活中产生更大的影响[6] LeoVegas集团概况 - LeoVegas集团是一家领先的国际在线博彩公司,在10个司法管辖区通过9个品牌提供在线赌场、现场赌场和体育博彩业务[7] - 公司目前在欧洲拥有1,400多名员工,总部位于斯德哥尔摩,在马耳他设有运营中心[7] - 作为行业中最具创新性的公司之一,LeoVegas还通过其投资部门LeoVentures投资和开发其他在线博彩公司[7] - 2022年,LeoVegas成为全球娱乐公司MGM Resorts International(纽约证券交易所代码:MGM)的子公司[7]
MGM Resorts (MGM) Launches Exclusive Live Casino With Playtech
ZACKS· 2024-06-22 00:31
MGM Resorts International (MGM) unveiled a strategic partnership with technology leader Playtech. This collaboration aims to provide exclusive live casino content to operators in the iGaming industry.MGM Resorts will stream live casino content, branded as ‘MGM Live,’ directly from the gaming floors of MGM Grand and Bellagio Resort & Casino in Las Vegas. This live content will be available for licensing in regulated markets worldwide outside of the United States. The offerings will include single and double- ...