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.
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MGM Stock: Jefferies Cut, Q1 Mix, Buybacks AfterQ1
- MGM Resorts—an S&P 500 hotel and casino heavyweight—saw a mixed week: a Jefferies downgrade weighed on sentiment even as Q1 revenue hit a record, BetMGM turned profitable, and asset sales plus buybacks signaled capital flexibility amid leverage and litigation headwinds.
17 Mar at 14:32
MGM Stock Rises on Digital Bets, Vegas Softness
MGM Resorts’ latest quarter showed a sharp jump in digital revenue and adjusted EPS, offset by softness in Las Vegas operations. Strategic property investments and stabilizing group bookings provide a potential runway for recovery while the company’s BetMGM momentum reshapes its earnings profile. Investors should watch booking trends, digital margin expansion, and Las Vegas revenue mix.
24 Feb at 14:31
MGM Stock Slumps 6.9% After Sector Rally Reversal!
MGM Resorts dropped sharply after a broad sector pullback on Feb. 23, reversing gains fueled by Caesars’ strong Q4 results. This article breaks down the moves, key numbers, and what investors should watch next.
17 Feb at 14:15
MGM Stock Surges as BetMGM Becomes Profitable Now!
MGM Resorts’ strongest quarter in recent years—fueled by BetMGM profitability, robust buybacks and steady international cash flows—offset Las Vegas Strip softness and drove renewed investor optimism. Recent results and analyst upgrades highlight tangible catalysts supporting the stock.
10 Feb at 14:15
MGM Soars After BetMGM Q4 Turnaround
MGM Resorts rallied after strong Q4 results and a breakout profit at BetMGM. Positive earnings, sizable cash distributions, aggressive buybacks and an analyst upgrade pushed the S&P 500 constituent higher, shifting investor sentiment in a sector where peers delivered mixed results.