MGM Resorts International Stock News

IAC owns approximately 65 million shares of MGM valued at around $2.1 B. This investment combined with $900 M corporate cash almost covers IAC's current market cap. They have invested $380 million for a 32% minority stake in TURO. Since the start of this investment in 2019, TURO has expanded into new markets and quintupled its revenue.

Abboushi will lead company's entertainment programming and operations LAS VEGAS , May 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that veteran talent agent Ryan Abboushi is joining the company as President of Entertainment. As leader of its entertainment division, Abboushi will oversee MGM Resorts' unified programming and operations strategy to build on and ex...

MGM operates some of the top resorts in the U.S., which have maintained occupancy rates above 90% over the past few years. Despite short-term macro headwinds, I think the long-term outlook remains positive for Las Vegas, iGaming, and sports betting. MGM is well-positioned to benefit from the overall growth, and many of the current risks can be mitigated by extending the investment time horizon.

LAS VEGAS , May 8, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that it has reached a new employment agreement with CEO & President Bill Hornbuckle through December 31, 2028. As part of his new employment contract, the Company has also agreed to offer Hornbuckle an advisory agreement at the end of the term to assist with its integra...

MGM Resorts (MGM -2.03%) has a lot going for it with growth in online gaming and a new casino in Japan opening. But the stock is so cheap that management added another $2 billion to its buyback program last week.

MGM starts game changer mega casino in Osaka to debut in 2030. Estimates $5B in EBITDA. Casino projects will soar in scale with new demands by governments.

Sequential Growth in Adjusted EBITDA and Market  S hare HONG KONG , May 1, 2025 /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 months ended March 31, 2025 (the "Period"). The Group is pleased to see Macau's average daily visitor ...

MGM Resorts International (NYSE:MGM ) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Howard Wang - VP of IR Bill Hornbuckle - CEO and President Jonathan Halkyard - CFO and Treasurer Corey Sanders - COO Conference Call Participants Brandt Montour - Barclays Carlo Santarelli - Deutsche Bank David Katz - Jefferies Shaun Kelley - Bank of America Stephen Grambling - ...