MGM Resorts International(MGM)
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Top 3 Travel Stocks (SA Quant)
Seeking Alpha· 2024-06-21 19:00
MediaProduction Sixty percent of Americans plan to take a leisure trip over the next few months. Meeting new people and “digital detoxification” are among the top reasons driving vacations, according to a McKinsey study, as younger generations show a significant growing interest in travel. Airlines forecast carrying a record 271M passengers around the world this summer, from June 1st to August 31st (+6% YoY), and cruise lines project ~34.7M passengers in 2024 (+9% YoY). Major hotels in Las Vegas, the #1 ...
MGM RESORTS INTERNATIONAL AND TECHNOLOGY LEADER PLAYTECH PARTNER TO LAUNCH PROPRIETARY LIVE CASINO CONTENT DIRECTLY FROM LAS VEGAS
Prnewswire· 2024-06-20 19:00
LAS VEGAS and LONDON, June 20, 2024 /PRNewswire/ -- Playtech and MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company"), are today announcing a strategic partnership which will offer new and unique live casino content to operators in the iGaming industry. Streamed directly from the gaming floors of two of MGM Resorts' most iconic Las Vegas Strip properties, the live casino content, branded as "MGM Live," will be available for licensing in regulated markets worldwide, outside of the United St ...
BetMGM Announces Exclusive Partnership with Brian Christopher Slots
Prnewswire· 2024-06-19 18:00
Top social media influencer joins BetMGM as Official AmbassadorClick here for accompany imageJERSEY CITY, N.J., June 19, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today an exclusive partnership with Brian Christopher Slots that will make Brian Christopher, the top social media influencer for slots and casinos, a BetMGM brand ambassador. BetMGM will showcase Brian Christopher in live streams across social media channels featuring its online casino platforms as well ...
Here's Why Investors Should Retain MGM Resorts (MGM) Stock for Now
ZACKS· 2024-06-13 21:02
MGM Resorts International (MGM) is likely to benefit from the increased business volume at MGM China, sports betting prospects and development projects. Also, its focus on digital strategies bodes well. However, a volatile macroeconomic environment poses threat.Let us discuss the factors that highlight why investors should retain this Zacks Rank #3 (Hold) stock for now.Factors Driving GrowthMGM Resorts is benefiting from increased business volume and travel activity at MGM China. In the first quarter of 202 ...
3 Reasons to Love MGM Resorts Stock
The Motley Fool· 2024-06-05 21:30
Value and growth meet with MGM Resorts stock.Shares of MGM Resorts (MGM -1.92%) continue to be underestimated by the market, given the company's growth and value. Las Vegas has never been more profitable, and Macao is also making a comeback. Travis Hoium covers the company's prospects and why he loves the stock in this video.*Stock prices used were end-of-day prices of June 4, 2024. The video was published on June 4, 2024. ...
Mandalay Bay Completes $100 Million Remodel of 2.1 Million-Square-Foot Convention Center
Prnewswire· 2024-05-30 23:00
MANDALAY BAY IN LAS VEGAS COMPLETES $100 MILLION REMODEL OF 2.1 MILLION-SQUARE-FOOT CONVENTION CENTERPost this"Meetings and conventions play a pivotal role in the success of Las Vegas, and the revitalization of the Mandalay Bay Convention Center demonstrates our commitment to this critical piece of our city's foundation," said Ernest Stovall, VP of Hotel Sales for Mandalay Bay. "Our goal is to evolve alongside the meetings industry to meet the needs of the modern customer. Based on invaluable insights from ...
MGM Resorts Surpasses Ambitious Goal of Donating 5 Million Meals to Fight Food Insecurity
prnewswire.com· 2024-05-28 21:00
Feeding Forward 2025 goal achievement announced on World Hunger Day 2024LAS VEGAS, May 28, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has donated five million meals into the community since 2016, marking the achievement of a 2025 social impact and sustainability goal well ahead of schedule. In 2023 alone, the Company donated more than 1.2 million meals to feed food insecure people in local communities.The five million meals were donate ...
Here's Why MGM Resorts (MGM) is a Strong Value Stock
zacks.com· 2024-05-22 22:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...
Will Macau Recovery Help Drive MGM Stock Back To $50?
forbes.com· 2024-05-21 18:30
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 $41 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 ...
BetMGM Sponsors Progressive Jackpot During Wheel of Fortune's "Big Money Week"
Prnewswire· 2024-05-17 22:00
Episodes to feature iconic game show's first-ever nightly progressive jackpot tied to Bonus Round prizing Click here to download creative assets JERSEY CITY, N.J., May 17, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, will celebrate Wheel of Fortune's 8,000th episode during the legendary game show's "Big Money Week" scheduled to air May 20-24. For the first time in the history of the wildly successful syndicated game show, there will be a Nightly Progressive Jackpot sponsored b ...