MGM Resorts International(MGM)
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This Cheap Stock Has Huge Market Beating Potential
The Motley Fool· 2025-01-22 12:00
MGM Resorts trades like a value stock, but there's growth potential investors don't want to miss.MGM Resorts (MGM 1.52%) is one of the dominant resort and casino companies in the U.S. and Macau with growth opportunities in online gaming an upcoming resort in Japan. But the market is pricing this like a value stock, which could be a major opportunity long-term. Travis Hoium digs into the investment opportunity in this video.*Stock prices used were end-of-day prices of Jan. 20, 2025. The video was published o ...
MGM Resorts' BetMGM Expands Online Casino With Fremantle Deal
ZACKS· 2025-01-20 13:32
MGM Resorts International's (MGM) sports betting and iGaming brand, BetMGM, has secured exclusive online casino rights of "The Price is Right" and "Family Feud" through a multi-year partnership with Fremantle. The agreement covers intellectual property rights for creating customized slots, table games and non-traditional casino games based on these iconic game shows.Fremantle, known for producing and distributing entertainment content for more than a century, will support BetMGM in bringing game show-inspir ...
BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership
Prnewswire· 2025-01-20 01:00
Collaboration will bring bespoke content and never-before-seen show integrations JERSEY CITY, N.J., Jan. 19, 2025 /PRNewswire/ -- BetMGM, a leading iGaming and sports betting operator, announced today a new and exclusive online casino rights partnership with Fremantle, a world leader in creating, producing and distributing entertainment content for over 100 years. The multi-year agreement secures the intellectual property rights for iconic game shows "The Price is Right" and "Family Feud" for slots, table g ...
MGM GRAND ANNOUNCES $300 MILLION ROOM AND SUITE REMODEL
Prnewswire· 2025-01-17 14:00
Hotel Renovation and Expansion - MGM Grand is undergoing a significant renovation of its main tower rooms, with the first phase available for reservation starting March 1, 2025 [1] - The renovation adds 111 suites to the main tower, bringing the total to 753 suites ranging from 675 to 2,572 square feet [6] - The newly remodeled rooms and suites are designed to meet the evolving needs of contemporary travelers, blending functionality, comfort, and style [4] Room and Suite Design - The main tower remodel draws inspiration from the glamour of the disco era, combined with modern elements to create a playful and elegant atmosphere [3] - King Rooms feature rich walnut wood finishes, warm gray textured wall coverings, and vibrant carpet designs, while Queen Rooms showcase lighter gray stone finishes and tailored headboards [5] - Suites feature a refined blend of dark ebony and walnut wood finishes, with livable entertainment areas, comfortable sectionals, and lenticular artwork [7] Guest Experience Enhancements - Bathrooms in the remodeled guest rooms are upgraded with spacious walk-in showers, sleek glass enclosures, and bright porcelain finishes, creating a spa-like ambiance [4] - Integrated closets with mirrored, illuminated interiors maximize storage and streamline the room's layout [4] - Enhanced blackout drapery, wall-mounted TVs, and separate guest-use refrigerators in minibar units add convenience and comfort [4] Art and Aesthetics - Original artwork plays a significant role in the design, with each room and corridor featuring unique pieces reflecting the past, present, and future of MGM Grand [8] - Corridor artwork tells a story of exploration and self-discovery, including LED art pieces reminiscent of the vibrant disco era [8] - Floral and dreamy carpet patterns, along with light wood wall coverings, create a warm welcome to the newly remodeled rooms [8] New Dining and Attractions - MGM Grand is introducing new dining venues and attractions, including Netflix Bites, featuring cuisine inspired by hit Netflix shows, opening in early 2025 [9] - Palm Tree Beach Club, a tropical-inspired day club from world-renowned DJ Kygo's Palm Tree Crew, is set to launch in summer 2025 [9] Company Overview - MGM Grand Hotel & Casino offers a variety of accommodations, signature dining by top celebrity chefs, and world-class entertainment, including the MGM Grand Garden Arena and KÀ by Cirque du Soleil [11] - The hotel features a pampering spa and salon, an elaborate conference center with over 850,000 square feet of meeting space, and a wide range of entertainment options [11]
1 Incredible Value Stock I'm Buying Now
The Motley Fool· 2025-01-16 16:36
This company has a wide moat and is buying back 15% of its shares outstanding each year.MGM Resorts (MGM 0.24%) is a leader in gaming on the Las Vegas Strip and Macao, but the market hasn't appreciated the company's cash flow or buybacks over the past year. In this video, Travis Hoium shows why this is a cheap stock and has incredible potential through not only buybacks but also long-term growth.*Stock prices used were end-of-day prices of Jan. 14, 2025. The video was published on Jan. 15, 2025. ...
MGM Resorts: A 13% FCF Yielding Bet That Could Double In 3 Years
Seeking Alpha· 2025-01-16 11:13
MGM Resorts International (NYSE: MGM ) is a globally recognized name in the gaming and hospitality sector, with a diverse portfolio of assets and promising growth opportunities. Despite operating in a sector that currently seems to be out of favor byFollow me on Twitter. I like to research and invest in companies that typically fall into two categories:- Macro Trend Investments: These are companies or sectors benefitting from good secular trends, where growth potential is supported by attractive valuations. ...
MGM Stock Could Rise 60% If It Recovers To Pre-Inflation Shock Highs
Forbes· 2025-01-15 10:00
LAS VEGAS, NV - SEPTEMBER 24: General views of the MGM Grand Las Vegas Hotel & Casino on September ... [+] 24, 2024 in Las Vegas, Nevada. (Photo by AaronP/Bauer-Griffin/GC Images)GC Images MGM Resorts stock (NYSE: MGM) currently trades at $32 per share (Jan. 13), roughly 36% below its pre-inflation shock high of $50 seen on November 5, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist i ...
MGM Resorts: Ready To Roll The Dice On A Market Leader And Cashflow Generator
Seeking Alpha· 2025-01-13 09:37
Albert Anthony's Background and Activities - Albert Anthony is a markets analyst, contributor, and host of The Future Investor on Seeking Alpha, covering over 200 companies and providing general markets commentary [1] - He has grown a fan base of over 1,000 followers since 2023 on Seeking Alpha [1] - He manages his own home-based fund called The Future Investor Fund and discusses investor topics on his YouTube channel, reaching a global audience [1] - Albert Anthony is a contributor for Investing com and maintains a presence on social media platforms including Twitter (X), LinkedIn, and Facebook [1] - In 2025, he plans to launch a book titled The Future Investor: Growing a Diversified Portfolio on Amazon, aiming to spread financial education to over 1 million people globally [1] Education and Professional Experience - Albert Anthony holds education degrees and certificates from Drew University, Corporate Finance Institute, Microsoft, CompTIA, and UVA Darden School of Business [1] - He has worked as a management and information systems analyst at large companies, including the IT department of a top 10 financial firm in the US [1] - In 2024, he became a member of the Croatian Association of Economists (HDE) [1] Media and Public Appearances - Albert Anthony frequently attends business, innovation, and startup conferences and panel discussions in the US and Europe [1] - He has appeared in or written for several regional media outlets and has worked as an extra in European film and TV productions [1]
MGM Resorts International and Entain Notice of BetMGM FY 2024 Update
Prnewswire· 2025-01-07 14:00
LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2024 performance at 7:00 a.m. Eastern Time (12:00 p.m. UK) Tuesday 4th February 2025. BetMGM management will host an audio webcast at 9:00 a.m. Eastern Time (2:00 p.m. UK). Upcoming Dates: February 12: MGM Resorts Inter ...
MGM Resorts International Announces Fourth Quarter and Full Year 2024 Earnings Release Date
Prnewswire· 2025-01-07 13:50
LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2024 after the market closes on Wednesday, February 12, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investo ...