MGM Resorts International Stock News

New Experiences Revealed for Once-in-a-Lifetime Race Weekend Across Iconic Center-Strip Resorts Click here for the full lineup, more information and to book reservations ; Follow @MGMResortsIntl  for updates LAS VEGAS , Nov. 1, 2024 /PRNewswire/ -- Push! Push! MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations...

The fundamentals are good for this entertainment company, but the market's reaction to earnings gets the potential wrong.

MGM Resorts International (NYSE:MGM ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Chapman - Director of Investor Relations Jonathan Halkyard - Chief Financial Officer William Hornbuckle - Chief Executive Officer and President Gary Fritz - President, MGM Resorts International Interactive Corey Sanders - Chief Operating Officer Hubert Wang - COO and Pr...

Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth A ll Surpassed 2019 Levels HONG KONG , Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period"). The Group ...

Record 3Q consolidated net revenues Record results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDAR MGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this year Repurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by ...

The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1 2025. The market is still chasing AI, which tends to bury other strong stories.

W Las Vegas marks the latest step in the long-term strategic licensing agreement between  MGM Resorts International and Marriott International LAS VEGAS , Oct. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Marriott International, Inc. (Nasdaq: MAR) announced plans to convert an iconic property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy® portfoli...

BetMGM is trying to regain market share after losing ground in sports betting and online casino games. It's banking on technology like modeling and predictive AI features, and a digital wallet that allows people to take home what they win in Nevada.