MGM Resorts International(MGM)

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MGM RESORTS INTERNATIONAL CHIEF OPERATING OFFICER COREY SANDERS TO RETIRE AFTER MORE THAN 30 YEARS OF SERVICE
Prnewswire· 2025-09-05 13:00
Core Insights - Corey Sanders, the Chief Operating Officer of MGM Resorts International, will retire after over 30 years of service, remaining in the role until December 31, 2025, and serving as an advisor until December 31, 2026 [1][2] - Bill Hornbuckle, President & CEO of MGM Resorts, highlighted Sanders' significant contributions to the company, including leadership during key acquisitions and property expansions, and emphasized his impact on company culture and employee relations [2] Company Overview - MGM Resorts International is a global gaming and entertainment company listed on the S&P 500, featuring a portfolio of 31 hotel and gaming destinations worldwide, including renowned resort brands [3] - The company operates BetMGM, a joint venture offering sports betting and online gaming in North America, and is expanding its presence in Asia with a resort development in Japan [3] - MGM Resorts is committed to sustainability and community impact, recognized as one of FORTUNE® Magazine's World's Most Admired Companies [3]
MGM Resorts International (MGM) BofA Securities 2025 Gaming And Lodging Conference (Transcript)
Seeking Alpha· 2025-09-04 18:45
PresentationLet's keep right after it. Our next fireside chat here is with the management team from MGM Resorts, I think a group that needs very little introduction. But to my left, somebody who does need a modest introduction because he's new and he's moved from your side of the room to this side, it's Howard Wang. So Howard, welcome. Howard is in charge of Investor Relations now for MGM and been with the company for, how long?Unknown Analyst 7 months, and a big transfer from L.A. to Vegas. To my right, ob ...
MGM Resorts International (MGM) 2025 Conference Transcript
2025-09-04 15:42
MGM Resorts International (MGM) 2025 Conference September 04, 2025 10:40 AM ET Company ParticipantsWilliam Hornbuckle - CEO, President & DirectorSarah Rogers - SVP - Corporate FinanceConference Call ParticipantsShaun Kelley - Senior Research Analyst & MD - Gaming, Lodging & Leisure EquitiesShaun KelleyLet's keep right after it. Our next fireside chat here is with the management team from MGM Resorts. I think a group that needs very little introduction. But to my left, somebody who does need a modest introdu ...
MGM RESORTS INTERNATIONAL AND TECHNOLOGY PARTNER PLAYTECH EXPAND "LIVE FROM VEGAS" OFFERING WITH LAUNCH OF FAMILY FEUD
Prnewswire· 2025-08-28 13:00
Core Viewpoint - MGM Resorts International and Playtech have expanded their "Live from Vegas" offering by launching Family Feud, a live-streamed interactive game show from MGM Grand's casino floor, aimed at operators in regulated markets outside the U.S. [2][3][4] Group 1: MGM Resorts and Playtech Partnership - The launch of Family Feud marks the second phase of the strategic partnership between MGM Resorts and Playtech, following the successful introduction of multiple live dealer table games in June 2024 [4][5] - The collaboration aims to redefine live gaming entertainment by introducing immersive content that supports growth in regulated markets, emphasizing compliance and player protection [5][8] Group 2: Live Streaming and Game Offerings - The live dealer studio broadcasts various interactive table games, including blackjack, roulette, and baccarat, in a fully transparent glass studio visible to the public 24/7 [3][4] - Family Feud is the first game show of its kind to be integrated into a live dealer environment, utilizing actual survey questions from the official franchise [5][9] Group 3: Company Backgrounds - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 unique hotel and gaming destinations, including BetMGM for sports betting and online gaming [6] - Playtech, founded in 1999, is a technology leader in the gambling industry, providing software and services across various product verticals, including live casino and sports betting [7][8]
BetMGM Unveils First Major Corporate Brand Repositioning with "Make it Legendary" Campaign
Prnewswire· 2025-08-26 18:00
Sophisticated brand refresh launches with new spots starring award-winning actor Jon Hamm Click here to download and view campaign photos (credit: BetMGM)JERSEY CITY, N.J., Aug. 26, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today unveiled the next evolution of its brand in collaboration with leading independent ad agency Highdive. The refreshed brand identity highlights BetMGM's dynamic entertainment ecosystem — one that unlocks a world of possibilities, elevated experience ...
MGM Resorts International Will Present at the BofA Securities 2025 Gaming and Lodging Conference
Prnewswire· 2025-08-26 13:30
LAS VEGAS, Aug. 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the BofA Securities 2025 Gaming and Lodging Conference on Thursday, September 4, 2025. MGM Resorts management will speak at a session scheduled to begin at 10:40 a.m. ET. A live webcast of the session will be available under the Events & Presentation section of the MGM Investor Relations website at http://investors.mgmresorts.comAbout MGM Resorts InternationalMGM Resorts Intern ...
MGM Resorts: A Citadel Of Stability
Seeking Alpha· 2025-08-25 15:37
Core Insights - The article emphasizes the importance of in-depth research in the casino and gaming sector, highlighting the value of subscribing to specialized resources for actionable insights [1]. Group 1: Industry Overview - The casino and gaming sector is characterized by significant operational complexities and competitive dynamics, necessitating expert analysis for informed investment decisions [1]. - The sector includes various segments such as traditional casinos, online betting, and entertainment industries, each with unique investment opportunities [2]. Group 2: Expert Analysis - Howard Jay Klein, with 30 years of experience in major casino operations, leads an investment group focused on actionable research in the gaming industry, leveraging his extensive network for insights [2]. - Klein's investment philosophy is centered on value investing, prioritizing management quality as a key factor in evaluating potential investments [2].
BetMGM Unveils Fastest, Most Intuitive and Rewarding App Ahead of Football Season
Prnewswire· 2025-08-20 18:25
Core Insights - BetMGM has launched a suite of new features for its mobile app aimed at enhancing user experience ahead of the football season, focusing on speed and seamlessness in betting processes [1][5] 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 [4] Product Enhancements - The new app features include a faster user interface, easier market discovery with a scrollable display, and new parlay builders for quick bet creation [5] - A live same-game parlay feature will be introduced for the professional football season, allowing real-time betting during games [5] - A redesigned rewards dashboard will provide players with a centralized view of their rewards points and tier progress, enhancing transparency [5] - Players can now research teams and players within the app, accessing real-time insights powered by extensive data analytics [5] - The app's visual design has been upgraded to reflect a modern aesthetic with a dark theme [5] Responsible Gaming - BetMGM emphasizes responsible gaming, integrating the GameSense program to provide resources for customers to play responsibly, ensuring a safe digital experience [2]
Sin Stocks Worth Watching: The Perfect Mix of Growth & Resilience
ZACKS· 2025-08-14 15:11
Core Insights - Sin stocks, representing companies in industries like alcohol, tobacco, cannabis, and gambling, are often viewed as unethical but have a history of delivering strong returns due to consistent demand [2][3][4] - These stocks are characterized by their defensive nature, maintaining stable demand even during economic downturns, which allows for strong pricing power and consistent cash flows [3][4] - Despite their potential for robust returns, sin stocks face challenges such as heavy regulation, negative public perception, and ethical concerns that may deter some investors [5][10] Industry Overview - Sin stocks have shown resilience during both economic expansions and contractions, making them appealing for investors willing to overlook ethical concerns [4] - The alcohol sector is experiencing a shift towards premium and craft offerings, while tobacco companies are adapting to declining cigarette use by investing in vaping products [8] - The cannabis industry is rapidly expanding in regions where legalization is increasing, presenting both growth opportunities and volatility [8][9] Company Analysis - **Diageo Plc (DEO)**: Focuses on market share growth through innovation and premiumization in the alcohol sector [6] - **Las Vegas Sands (LVS)**: Concentrates on property upgrades and strategic investments to drive growth in the gambling sector [6][18] - **Turning Point Brands (TPB)**: Building a growth story around established brands and next-generation products, with a focus on smoke-free alternatives [12][13][14] - **Boston Beer Company (SAM)**: Maintains a strong position in the U.S. craft beverage market, emphasizing innovation and operational efficiency to adapt to consumer preferences [15][16][17] - **MGM Resorts International (MGM)**: Holds a leading position in global gaming, enhancing its competitive edge through capital investments and expansion in digital gaming [18][19][20]
Gymkhana to Debut at ARIA Resort & Casino in Las Vegas This Fall
Prnewswire· 2025-08-06 13:00
Two Michelin-starred London restaurant launches first U.S. location, blending fine Indian cuisine within a vibrant setting LAS VEGAS, Aug. 6, 2025 /PRNewswire/ -- In a bold move set to redefine the Las Vegas dining scene and welcome a new chapter of culinary excellence, ARIA Resort & Casino will debut the acclaimed Two Michelin- starred restaurant Gymkhana, this fall. Inspired by the private clubs of India – where high society gathers to dine, drink, socialize and play sport – Gymkhana will introduce a new ...