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The Latest Breaking News from MGM Resorts International

Executives Buy Over $15M Of 3 Stocks

Although the Dow Jones dropped around 875 points on Monday, there were a few notable insider trades.

Benzinga

MGM Resorts Sells Gold Strike Tunica Operations For $450M

MGM Resorts International (NYSE:MGM) has decided to sell the operations of Gold Strike Tunica to Cherokee Nation Entertainment Gaming Holdings LLC (CNE), a subsidiary of Cherokee Nation Businesses, for $450 million in cash. The company expects net cash proceeds after taxes and estimated fees to be about $350 million. For the twelve months…

Benzinga

Think Inflation Has Peaked? Then Consider Buying These 5 Consumer Discretionary Stocks

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

StockNews.com

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BetMGM To Be Sports Betting Partner Of Houston Astros

BetMGM, has been named as the exclusive Sports Betting Partner of the Houston Astros. BetMGM is a sports betting and gaming entertainment company born out of a partnership between MGM Resorts International (NYSE:MGM) and Entain Plc (OTC:GMVHY). The move marks BetMGM’s entry into Texas. Under the agreement, BetMGM signage will be prominently featured at Minute…

Benzinga

MGM Resorts Analysts React To Q1 Earnings Beat, LeoVegas Acquisition, Macau Weakness

MGM Resorts International (NYSE: MGM) shares traded lower by 3.5% on Tuesday after the company reported first-quarter earnings and revenue beats but a quarterly drop in Las Vegas Strip occupancy.

Benzinga

What's Going On With MGM Resorts Stock Today?

MGM Resorts International (NYSE: MGM) shares are trading lower Tuesday after the company announced financial results.

Benzinga

A Peek Into The Markets: US Stock Futures Flat Ahead Of FOMC Meeting

Pre-open movers

Benzinga

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Why MGM Resorts Stock Is Climbing After Hours

MGM Resorts International (NYSE: MGM) shares are trading higher during Monday's after-hours session after the company announced better-than-expected financial results.

Benzinga

How MGM Resorts Stock Looks Heading Into Q1 Earnings: Charting The Path Ahead

MGM Resorts International (NYSE: MGM) is set to print its first-quarter financial results after the market close on Thursday. The stock was trading flat heading into the event.

Benzinga

Analyzing Mgm Resorts International's Short Interest

Mgm Resorts International's (NYSE:MGM) short percent of float has risen 19.68% since its last report. The company recently reported that it has 15.53 million shares sold short, which is 4.5% of all regular shares that are available for trading.

Benzinga

Regulator Defers MGM Stakeholder's Nevada Gaming License By 1 Month

Nevada Gaming Commission shelved MGM Resorts International (NYSE:MGM) stakeholder Barry Diller’s licensing by a month until an April commission meeting, the Wall Street Journal reports. The move coincided with insider-trading investigations by federal authorities into his share purchases of Activision Blizzard Inc (NASDAQ:ATVI). In 2020, Diller and his internet holding company, IAC/InterActiveCorp (NASDAQ:IAC), admitted spending over $1 billion for…

Benzinga

Stock Wars: MGM Resorts International Vs. Wynn Resorts

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

MGM Resorts: Why These Analysts Remained On The Sidelines Despite Strong Q4

MGM Resorts International (NYSE: MGM) reported its fourth-quarter revenues and margins ahead of Street expectations, with the beat being driven by its Las Vegas performance. Morgan Stanley On MGM Resorts

Benzinga

Chicago’s Douglas Kim is MGM sommelier overseeing 350,000 bottles of wine at Las Vegas resorts

MGM Resorts International recently announced the promotion of Kim, a master sommelier, to the role of director of wine for its Las Vegas resorts.

Chicago Sun-Times

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Benzinga

T-Mobile Arena Picks Shift4 To Power Payments For In-Venue Food & Beverage Purchases

T-Mobile Arena, the 20,000-seat venue located on the Las Vegas Strip, has partnered with Shift4 Payments Inc (NYSE:FOUR) to deliver the latest commerce technologies to the venue. Shift4 will power payments at T-Mobile Arena for all food & beverage purchases, using the company's VenueNext point-of-sale solution. VenueNext will integrate its mobile commerce platform with…

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