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Top 5 Gambling & Sports Betting Stocks After Legalization Wave
247Wallst· 2026-01-27 19:22
Core Insights - The legalization of sports betting in the U.S. has led to significant market growth, with over $150 billion wagered in 2025, but profitability remains a challenge for many operators [1] Company Summaries 1. DraftKings - DraftKings is the closest to achieving profitability in the digital sports betting space, posting $0.16 in annual EPS in 2025, marking its first year of profitability after five years of losses [12] - Revenue reached $5.46 billion, with quarterly earnings growth of 185% year-over-year, indicating strong operational performance [12] - The stock has seen a 26% decline over the past year, but analysts project a fair value of $45, suggesting a 47% upside if the company can maintain its profitability [13][14] 2. Flutter Entertainment - Flutter Entertainment, the parent company of FanDuel, is the largest operator in the group with a market cap of $30.6 billion and revenue of $15.4 billion [10] - The company reported $3.82 in annual EPS for 2025, down 37% from the previous year, but remains profitable [10] - Analysts see a fair value of $285 for the stock, implying a 63% upside, supported by its global diversification and established profitability [11] 3. Caesars Entertainment - Caesars operates over 50 casino properties and runs Caesars Sportsbook, but reported an annual EPS of -$0.95 in 2025, despite an improvement from -$1.26 in 2024 [7] - The stock has dropped 35% over the past year, trading at $22.37, with analysts maintaining a target of $32, indicating a potential 43% upside if the company can stabilize its digital losses [8] 4. MGM Resorts - MGM Resorts is the only company on the list with a positive one-year performance, up 3.7%, generating $17.3 billion in revenue [5] - The profit margin is low at 0.4%, and earnings fell 70% year-over-year in Q3 2025, indicating operational stress [6] - The stock trades near its 200-day moving average at $34.10, with a modest upside to the $42 analyst target [6] 5. Penn Entertainment - Penn Entertainment reported an annual loss of -$0.59 in 2025, an improvement from -$1.62 in 2024, but remains unprofitable [3] - The stock trades at 0.3x sales and below book value, suggesting market skepticism regarding its ESPN partnership [4] - Analysts have set a target of $19 for the stock, implying a 33% upside, but the company needs to demonstrate its ability to convert ESPN's reach into profitable customer acquisition [4]
Maple Gold Announces $12 Million Brokered Life Offering and a Concurrent $4 Million Non-Brokered Private Placement
Globenewswire· 2026-01-26 12:11
Not for distribution to United States news wire services or for dissemination in the United States VANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQX: MGMLF) (FSE: M3G0) ("Maple" or the "Company") announces today that it has entered into an agreement pursuant to which Canaccord Genuity Corp. has agreed to act as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (the "Agents"), in connection with a best efforts private placement o ...
MGM Resorts Powers Up to 100% of Daytime Las Vegas Strip Electricity with Solar
Prnewswire· 2026-01-20 14:00
Core Insights - MGM Resorts International has achieved a significant milestone in its renewable energy strategy, now powering up to 100% of its daytime electricity needs on the Las Vegas Strip with solar energy [1][3] - The company has more than doubled its access to renewable energy by combining power from the newly activated Escape Solar and Storage Project with its existing 100 MW Mega Solar Array [2] - The Escape Solar and Storage Project includes 115 MW of solar energy and 400 MWh of battery storage, allowing the company to store solar energy for use during lower production periods [1][2] Renewable Energy Strategy - The new project accelerates MGM Resorts' goal of using 100% renewable electricity domestically by 2030, reflecting a focus on scalable and impactful clean-energy solutions [3] - A 25-year power purchase agreement with Escape Solar LLC was announced in September 2024 to enhance the company's renewable energy capabilities [3] Sustainability Efforts - MGM Resorts has been focused on expanding renewable energy use since 2016, significantly reducing carbon emissions through various renewable energy projects [4] - The company operates a 323,000-panel Mega Solar Array providing 100 MW, along with additional solar installations at various properties [6]
What to Expect From MGM Resorts' Q4 2025 Earnings Report
Yahoo Finance· 2026-01-14 11:50
Valued at a market cap of $9.5 billion, MGM Resorts International (MGM) is a gaming and entertainment company based in Las Vegas, Nevada. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company is expected to announce its fiscal Q4 earnings for 2025 after the market closes on Wednesday, Feb. 11. Before this event, analysts expect this gaming and entertainment compa ...
Alliance Entertainment Named Exclusive Physical Media Distribution Partner for Amazon MGM Studios in North America
Globenewswire· 2026-01-12 13:30
Core Insights - Alliance Entertainment Holding Corporation has entered into an exclusive home entertainment license agreement with Amazon MGM Studios Distribution for physical media distribution in the U.S. and Canada [1][4] Company Overview - Alliance Entertainment is a leading distributor and omnichannel fulfillment partner in the entertainment and pop culture collectibles industry, offering over 340,000 unique SKUs across various formats [5] - The company serves more than 35,000 retail and e-commerce storefronts, providing a vast selection of physical media, including music, video, and collectibles [5] Partnership Details - The partnership with Amazon MGM Studios is described as a milestone, allowing Alliance to distribute a significant library of iconic films and new titles [2] - The agreement includes new releases such as Fallout Season 2 and Mercy, as well as revitalized catalog programs featuring franchises like James Bond and Rocky [3] Market Strategy - Alliance aims to redefine the collectibles market by leveraging its scale and technology-driven solutions to enhance consumer access and experience [2] - The collaboration emphasizes premium physical formats, including collector editions and expanded UHD offerings, to honor the storytelling behind the titles [3]
MGM Resorts International Announces Fourth Quarter and Full Year 2025 Earnings Release Date
Prnewswire· 2026-01-09 14:00
Financial Results Announcement - MGM Resorts International will release its financial results for Q4 and full year 2025 on February 11, 2025, after market close [1] - A conference call will be held on the same day at 5:00 p.m. Eastern Time to discuss the results, followed by a Q&A session [1] Conference Call Access - The call can be accessed via the internet or by phone, with specific numbers provided for domestic and international callers [2] - A replay of the call will be available until February 18, 2026, with access codes for replay provided [2] Company Overview - MGM Resorts International is a global gaming and entertainment company, part of the S&P 500, with a portfolio of 31 hotel and gaming destinations [3] - The company operates BetMGM, a sports betting and online gaming venture, and is expanding into Asia with a resort development in Japan [3] - MGM Resorts is recognized for its commitment to sustainability and has been listed among FORTUNE Magazine's World's Most Admired Companies [3]
MGM Resorts price target lowered to $45 from $47 at Truist
Yahoo Finance· 2026-01-03 12:10
Group 1 - Truist lowered the price target on MGM Resorts from $47 to $45 while maintaining a Buy rating on the shares [1] - The target cut is attributed to "more conservatism" regarding the company's growth inflection on the Las Vegas Strip [1] - November Strip gross gaming revenue decreased by 1% year-over-year, mainly due to lower table and baccarat win [1] Group 2 - Truist also reduced estimates for Caesars (CZR) alongside MGM, citing "soft" Strip RevPAR [1] - Despite the challenges on the Strip, both MGM and Caesars are viewed as "inexpensive" stocks [1] - The issues faced on the Strip are considered "well known" by the market [1]
Macau Gaming Revenue Falls Short; Las Vegas Sands, Wynn Resorts, MGM In Focus
Investors· 2026-01-01 16:09
Group 1 - The document does not contain any relevant information regarding companies or industries [2][3][5][6]
Year-End Report: Who Dominated the 2025 Global Gambling Landscape?
International Business Times· 2025-12-26 03:31
Core Insights - The global gambling industry in 2025 is projected to be worth over $574.55 billion, with a compound annual growth rate (CAGR) of approximately 5.1 percent, but it is experiencing a significant bifurcation between traditional land-based operations and the rapidly growing digital sector [1][4]. Group 1: Market Dynamics - The land-based gambling industry faces challenges from inflation and changing travel trends post-pandemic, while the digital sector, driven by online gaming and sports betting, is experiencing robust growth rates of up to 12.3% CAGR [2][4]. - The online segment is valued at $117.5 billion, highlighting a shift from location-based entertainment to a mobile-first transactional economy [4]. - The US casino revenues are softening in the terrestrial sector, with operators like MGM Resorts International facing operational challenges, while high-net-worth individuals sustain profitability in luxury markets like Singapore [5][6]. Group 2: Regulatory Environment - A significant regulatory crackdown on the sweepstakes casino sector has occurred, transferring billions from unregulated platforms to the regulated ecosystem, benefiting major players like DraftKings and FanDuel [17][18]. - The introduction of a regulated market in Brazil has positioned it as the fifth largest betting market globally, with projected revenues of $4.1 billion and a high-barrier licensing regime [22][23][24]. Group 3: Competitive Landscape - The North American market has evolved into a disciplined oligopoly dominated by FanDuel, DraftKings, and BetMGM, with FanDuel holding a 43% market share in online sports betting [13][14]. - DraftKings reported $1.14 billion in Q3 2025 revenue but faced a net loss of $256.8 million, indicating ongoing challenges with customer acquisition costs [15]. - BetMGM has carved out a sustainable niche in iGaming, capturing 21% of the market and generating significant net revenue [16]. Group 4: Technological Innovations - Mobile channels dominate online gambling, with nearly 80% of usage mediated by smartphones, leading to changes in product design and user acquisition strategies [8]. - Artificial Intelligence has transitioned from a marketing tool to a critical component of profitability, enhancing user experience and operational efficiency [34][39]. - The crypto-gambling sector is growing, with Stake.com projected to reach nearly $4.7 billion in revenue by 2025, indicating a bifurcation between regulated and crypto-native operators [35]. Group 5: Regional Insights - Singapore has emerged as a leading gaming market, with Las Vegas Sands reporting strong performance driven by affluent travelers, while Thailand's plans for casino development have been delayed due to political instability [27][28]. - The UAE has entered the global gaming market with a regulated framework, aiming to create a high-end tourism integrated model [31]. - Europe is experiencing consolidation, exemplified by the $4.6 billion acquisition of Tipico by the Banijay Group, creating a closed ecosystem for betting and media [32].
MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA
Prnewswire· 2025-12-23 14:25
Core Viewpoint - MGM Resorts International has entered into a Long Term Branding Agreement with MGM China Holdings Limited, extending the use of the "MGM" name through 2032, with an automatic extension until December 31, 2045 if a further concession is granted [1][2]. Group 1: Branding Agreement Details - The Branding Agreement secures MGM China's rights to the MGM brand, which has significantly contributed to its market share growth from approximately 9% pre-pandemic to about 16% as of September 30, 2025 [2]. - The new agreement eliminates the need for negotiations every three years, thereby protecting MGM China's shareholders and ensuring fair compensation for MGM Resorts [2]. Group 2: Financial Terms - The monthly license fee has increased from 1.75% to 3.5% of MGM China's adjusted consolidated net monthly revenues, with MGM Resorts receiving approximately 66.6% of this fee [3]. - The fees will be capped annually based on business volumes, as required by the Hong Kong Stock Exchange [3]. Group 3: Company Overview - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 hotel and gaming destinations, including well-known resort brands [4]. - The company is also involved in sports betting and online gaming through its venture BetMGM, and is pursuing expansion in Asia, particularly in Japan [4].