MGM Resorts International News
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
see moreMGM Resorts International Market News
6d
MGM Resorts’ Q3 Earnings Disappoint and Voting Agreement Amended as Stock Slides
- MGM Resorts reported a Q3 adjusted EPS miss and weaker revenue alongside a voting-agreement amendment—shares are pressured despite CEO noting China strength.
13d
Barry Diller Withdraws $18 Billion Takeover Offer for MGM Resorts, Shares Fall Sharply
Barry Diller’s People Inc. has officially withdrawn its $18B takeover bid for MGM Resorts, triggering a share drop of over 10%, refocusing investor attention on standalone performance.
20d
BetMGM Q3 Update Highlights Profit Growth, Sets Stage Ahead of MGM Resorts Q3 Earnings
BetMGM reports Q3 net revenue of $710M (+7% YoY) and adjusted EBITDA up 112% as investors eye MGM Resorts’ Q3 results due Oct. 28 amid strong digital momentum.
27d
MGM Resorts Shares Drop Over 10% After Takeover Offer Withdrawn by Barry Diller’s People Incorporated
MGM Resorts stock fell sharply after People Incorporated officially dropped its $48.30-per-share acquisition bid, slashing the takeover premium investors had priced in.
01 Oct at 06:06
Barry Diller Withdraws $18 Billion Takeover Offer for MGM Resorts; Shares Drop Sharply
Barry Diller’s People Inc. has officially withdrawn its $18 billion-plus takeover proposal for MGM Resorts, prompting an over 10% plunge in shares.
