MGM Resorts International(MGM)

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Hold Your Bets: MGM Faces Key Tests In Q2 2025 Earnings
Seeking Alpha· 2025-07-23 18:00
MGM Resorts International (NYSE: MGM ) is at the crossroads as Q2 2025 results loom. Up more than 40% from the tariff sell-off lows, fresh entries look difficult. Upside targets are moderate anyway from here on - pegged at ~$47 asI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice President at Barclay ...
MGM Resorts (MGM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2025-07-23 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when MGM Resorts (MGM) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On ...
T-MOBILE ARENA LAUNCHES DEDICATED VENUE APP, DEVELOPED BY EVERI, TO ENHANCE FAN EXPERIENCE
Prnewswire· 2025-07-22 20:31
Utilizing Everi's BeOn™ Venue Platform, New Arena App Includes Traditional Features and Integrated Ticketing CapabilitiesLAS VEGAS, July 22, 2025 /PRNewswire/ -- T-Mobile Arena, the 20,000-seat venue located on the Las Vegas Strip between New York-New York and Park MGM, in an agreement with Everi, an IGT brand and premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo, today announced the launch of a new, dedicated venue app fo ...
珠海香山迎宾馆美高梅华府酒店开业 成全球首家美高梅华府酒店
Zhong Guo Jin Rong Xin Xi Wang· 2025-07-18 05:02
Group 1 - The MGM Huafu Hotel in Zhuhai, a collaboration between Zhuhai Zhengfang Group and MGM International Hotel Group, has officially opened as the world's first MGM Huafu Hotel [1][5] - The hotel features 147 guest rooms and villas within a vast area of approximately 76,800 square meters, showcasing a blend of Lingnan garden aesthetics and modern architectural design [1][3] - The hotel aims to create an immersive cultural experience by integrating local cultural elements with contemporary Chinese hospitality [10][12] Group 2 - MGM International Hotel Group's China President, Zhou Feng, emphasized that the opening of the Zhuhai MGM Huafu Hotel marks the global debut of the brand, reflecting the group's confidence in the long-term development potential of the Chinese market [5][6] - Zhuhai Zhengfang Group's Chairman, Long Xinwen, highlighted the project's focus on quality and excellence, aiming to enhance the city's landscape and cultural integration [8][10] - The hotel will leverage MGM's international luxury hotel management experience to provide diverse and exceptional experiences for local residents and visitors, while also connecting with other MGM properties in the Greater Bay Area [12]
深圳首店!美高梅美幻酒店签约入驻小梅沙
Shen Zhen Shang Bao· 2025-07-17 16:37
Core Insights - The signing ceremony between Diaoyutai MGM Hotel Group and Shenzhen TeFa Xiaomeisha marks the entry of MGM's sister brand, MGM Mirage Hotel, into Xiaomeisha, aiming to invigorate the coastal resort area with a dual focus on entertainment and fashion [2][3] Group 1: Company Developments - MGM Mirage Hotel will feature a modern design with approximately 230 luxury rooms, a full-service restaurant, an infinity outdoor heated pool, a stylish spa, and a family-friendly playground [2] - This marks the first establishment of the MGM Mirage brand in Shenzhen, representing a significant milestone in MGM Group's expansion within the Greater Bay Area [2] - The hotel aims to create a unique experience that combines vibrant entertainment with contemporary hospitality, positioning itself as a fashion benchmark and vitality center in the city [2] Group 2: Industry Impact - The opening of Shenzhen MGM Hotel has already enhanced the area's visitor traffic and overall quality, with ongoing upgrades in the Xiaomeisha area expected to be partially completed by 2024 [3] - The introduction of the "dual brand" matrix with the MGM Mirage Hotel is anticipated to further enrich the coastal resort offerings in Xiaomeisha, boosting regional vitality and diverse appeal [3] - This development is expected to contribute to establishing a new cultural, entertainment, and fashion landmark in Shenzhen and the Greater Bay Area [3]
Score the Draft Party of a Lifetime with Marriott Bonvoy and BetMGM
Prnewswire· 2025-07-09 13:30
Core Insights - BetMGM and Marriott Bonvoy have launched a unique rewards collaboration that allows players to link their accounts and earn rewards points for sports betting and iGaming activities [6] - A special fantasy football draft weekend event will be hosted in Las Vegas, featuring former All-Pro quarterback Matt Ryan, providing participants with insider insights and real-time reactions [2][3] Company Overview - BetMGM is a leading sports betting and gaming entertainment company, formed through a partnership between MGM Resorts International and Entain Plc, and has exclusive access to MGM's U.S. sports betting and online gaming operations [9][10] - Marriott Bonvoy is Marriott International's travel program, offering members access to a wide range of hotel brands and experiences globally [11] Event Details - The fantasy football draft event will take place at the BetMGM Sportsbook at ARIA Resort & Casino, including a three-night stay at The Cosmopolitan of Las Vegas, round-trip flights, and a $6,000 MGM Resorts credit for dining and spa experiences [3] - Participants can enter the sweepstakes by linking their BetMGM and Marriott Bonvoy accounts through the BetMGM app from July 9 to July 30, with the opportunity to enter up to three times [4] Marketing Strategy - The collaboration aims to create exceptional experiences for sports fans, enhancing customer engagement and loyalty through unique events and rewards [3][6] - BetMGM continues to focus on responsible gaming, providing resources and tools to ensure a safe gaming environment for its customers [7]
Bellagio and Major Food Group Set to Begin a New Chapter of Las Vegas Fine Dining with the Debut of CARBONE Riviera this Fall
Prnewswire· 2025-07-09 13:00
Core Concept - The article announces the upcoming launch of CARBONE Riviera, a seafood-focused restaurant by Major Food Group in partnership with Bellagio Resort & Casino, set to open this fall in Las Vegas [1][2][3]. Company Overview - Major Food Group, co-founded by Mario Carbone, Jeff Zalaznick, and Rich Torrisi, has established a global presence with over fifty restaurants and has been recognized as one of the most creative companies in the hospitality industry [10]. - MGM Resorts International operates Bellagio, which is known for its luxury offerings and award-winning dining experiences [9]. Restaurant Concept - CARBONE Riviera is described as an evolution of the CARBONE brand, emphasizing a seafood-driven dining experience while maintaining the legacy of Italian-American cuisine [3][4]. - The restaurant will feature a grand seafood display and a whole fish program, showcasing various seafood delicacies prepared with theatrical flair [5][6]. Design and Experience - The restaurant is designed by Martin Brudnizki and will occupy the former Picasso space, known for its culinary excellence [3][4]. - Guests will experience a luxurious atmosphere with personalized service led by charismatic captains, enhancing the overall dining experience [6]. Additional Offerings - Alongside the restaurant, Bellagio will introduce a luxury Riva mini yacht experience, allowing guests to enjoy scenic views of the Fountains of Bellagio [7].
TAPPP & BetMGM Announce Distribution of BetMGM Gift Cards in Ontario, Canada
Prnewswire· 2025-07-08 12:00
First sportsbook-branded gift card launched in Canada across 2,500 retail locationsNEW YORK, July 8, 2025 /PRNewswire/ -- TAPPP, a leader in flexible payment options, and BetMGM, a leading sports betting and iGaming operator, announced today that BetMGM gift cards are available for purchase across the premier retailers of Ontario. BetMGM is the first operator to secure retail distribution for a single-branded gaming gift card in Canada."We are constantly seeking new ways to increase the accessibility of our ...
Analyst: MGM Resorts Stock Is a 'Sell'
Schaeffers Investment Research· 2025-07-07 14:26
Core Viewpoint - MGM Resorts International's stock is experiencing downward pressure following a "sell" rating from Goldman Sachs, which has set a price target of $34, citing concerns over free cash flow generation impacting capital returns and valuation [1] Group 1: Stock Performance - MGM's shares have decreased by 15% over the past 12 months, but are projected to have a 5.2% increase by 2025, supported by the 20-day moving average [2] - The stock has recently achieved its third consecutive weekly gain, surpassing the 200-day moving average, a significant trendline that had previously limited price increases [2] Group 2: Options Market Activity - The 10-day call/put volume ratio for MGM stands at 6.76, indicating a high level of optimism that is above 94% of annual readings, suggesting potential downward pressure if this optimism unwinds [3] - MGM's Schaeffer's Volatility Index (SVI) is at 33%, placing it in the 10th percentile of its annual range, indicating that options traders are anticipating lower-than-usual volatility [4] - The Schaeffer's Volatility Scorecard (SVS) for MGM is 83 out of 100, suggesting that the stock has historically exceeded volatility expectations over the past year [4]
Macao gaming stocks pop
CNBC Television· 2025-07-01 15:17
Macau Gaming Revenue Resurgence - Macau's gambling sector is experiencing a post-pandemic recovery, with June gross gaming revenue showing a 19% year-over-year improvement [1] - June gambling revenue reached $26 billion [2] - Gaming revenue jump may be a result of promotional spending [3] - Macau has not yet returned to pre-pandemic levels, making future earnings reports crucial for insight [4] Stock Market Impact - Casino stocks with Macau exposure are rising, including Wind (up 8%), Las Vegas Sands (up 8%), Melco (up 11%), and MGM Resorts (up 6%) [2] - Melco has seen gains of 52% over the last 3 months [3] Diversification Efforts - Macau is attempting to diversify its economy beyond gambling, focusing on shows and events like NBA exhibition games [5][6] - The success of attracting non-gambling spending is yet to be determined [6] Economic Factors - The Chinese macro backdrop remains a key consideration for Macau casinos [4] - There can be a divergence between the Chinese economy and gambling activity in Macau, as it is fueled by serious gamblers [5]