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The Latest Breaking News from MGM Resorts

Las Vegas Grand Prix Formula One 2023 race date announced

The Las Vegas Grand Prix is slated to occur Nov. 16-18, 2023 on the Strip, Formula One announced Tuesday.

Tribune News Service

Davante Adams becomes brand ambassador for official gaming parter of the Raiders, MGM Resorts

Raiders WR Davante Adams inks new deal with MGM Resorts International

USA Today Sports Media Group

MGM Doubles Down on its Big Las Vegas Strip Cosmopolitan Bet

Buying the Cosmopolitan resort casino was only one piece of making it part of the company's Las Vegas portfolio.

The Street

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Insiders Buy Around $70M Of 4 Stocks: Six Flags Entertainment, MGM Resorts And More

Although US stocks closed higher on Monday, there were a few notable insider trades.

Benzinga

MGM Resorts Q2 Earnings Highlights: Las Vegas Segment Booms, Business Travel Returns, Share Buyback Complete

Casino operator and sports betting company MGM Resorts International (NYSE: MGM) reported second-quarter financial results after the market close Wednesday. Here are the key highlights.

Benzinga

Baseball Players Cut Deal With an Unusual Partner

A new agreement gives the company the right to use MLB players in its promotional activities in the U.S., China, and Japan.

The Street

'Las Vegas of Asia' tells casinos to grow beyond gambling

The American casino giants that helped make Macao the “Las Vegas of Asia” are losing money due to COVID and travel restrictions

The Independent UK

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Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

Benzinga

BetMGM Becomes Sportsbook Partner Of Audacy's BetQL Network

BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy Inc's (NYSE:AUD) network of sports betting content. Sports betting and iGaming operator BetMGM was born out of a collaboration between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC:GMVHY). The partnership, BetQL Network presented by BetMGM, is an exclusive multi-year agreement that expands the current relationship…

Benzinga

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 Closes Las Vegas Strip Deal, Sells Another Casino

The casino giant has been taking steps to get its Las Vegas property portfolio in order.

The Street

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

MGM Makes a Bet to Expand Its Gambling Portfolio Beyond Las Vegas

Legalized sports gambling more than doubled in 2021, and there is still room for more growth in both the U.S. and abroad.

The Street

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

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Benzinga

Wells Fargo Maintains Overweight Rating for MGM Resorts Intl, Lowers Price Target To $56

Wells Fargo has decided to maintain its Overweight rating of MGM Resorts Intl (NYSE:MGM) and lower its price target from $60.00 to $56.00. Shares of MGM Resorts Intl are trading up 4.92% over the last 24 hours, at $41.49 per share.

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.

The Street

MGM Has Some Really Good News for Las Vegas Strip Rival Caesars

MGM Resorts and Caesars dominate the casino scene in Sin City.

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

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Chicago Sun-Times

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.

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