This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced. The Seattle-based tech and retail giant—which distributes content via its theatrical arm, Amazon MGM, and its streaming service, Prime Video—will officially become the sev ...

Core Insights - MGM Resorts International will participate in the Deutsche Bank 32nd Annual Leveraged Finance Conference on September 24, 2024, with CFO Jonathan Halkyard speaking at 8:00 a.m. PT [1] - The company is recognized as a global gaming and entertainment leader, operating 31 unique hotel and gaming destinations worldwide [2] - MGM Resorts is focused on sustainable practices and community impact through its "Focused on What Matters" philosophy [2] Company Overview - MGM Resorts International is an S&P 500® company with a diverse portfolio that includes hotels, casinos, and entertainment venues [2] - The company operates BetMGM, a joint venture that provides sports betting and online gaming in North America and Europe [2] - MGM Resorts is pursuing expansion opportunities in Asia, particularly in Japan [2] Contact Information - Key contacts for the investment community include Sarah Rogers, Senior Vice President of Corporate Finance, and Andrew Chapman, Director of Investor Relations [3] - Media inquiries can be directed to Brian Ahern, Executive Director of Communications [3]

The renowned entrepreneur's cult-favorite vegan burger chain joins Q1227, Sienna Wings, Taco Mell, NYAM, and Vyoone's with limited-edition menu items exclusively at Mandalay Bay Resort and Casino and Luxor Hotel & CasinoPURCHASE, N.Y., Sept. 19, 2024 /PRNewswire/ -- PEPSI® Dig In, a platform designed to drive access, business growth and awareness for underserved restaurants, is bringing six all new dishes with four new crafted cocktails to Las Vegas for its third annual Restaurant Royalty Residency. Startin ...

MGM Resorts International's (MGM) sports betting and iGaming brand, BetMGM, has entered a multi-year partnership with Gannett Co., Inc. (GCI) to act as the preferred online sportsbook and casino partner for USA TODAY Sports.Per the agreement, BetMGM will provide sports betting odds and detailed betting information across the extensive USA TODAY Network, which spans more than 200 local U.S. markets in 43 states. This partnership will also leverage over 300 digital news and media brands within the network's p ...

Hospitality industry leader will more than double solar electricity access LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewabl ...

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced a public offering of $850,000,000 in aggregate principal amount of 6.125% senior notes due 2029 at par. The offering of notes was upsized from the originally announced aggregate principal amount of $675,000,000. The transaction is expected to close on September 17, 2024, subject to customary closing conditions.The Company intends to use the net proceeds from the offering of the n ...

Core Viewpoint - MGM Resorts International is proposing to offer $675 million in senior notes due 2029 to repay existing debt and may invest the net proceeds in short-term interest-bearing accounts or securities [1] Group 1: Offering Details - The company intends to use the net proceeds from the offering to repay its outstanding 5.750% senior notes due 2025 [1] - The notes will be general unsecured senior obligations guaranteed by substantially all of the company's wholly owned domestic subsidiaries [1] - The offering will be made under a prospectus supplement related to the notes and an accompanying prospectus filed with the SEC [4] Group 2: Underwriters - BofA Securities, J.P. Morgan, Barclays, and several other financial institutions will act as joint book-running managers for the proposed offering [2] Group 3: Company Overview - MGM Resorts International is a global gaming and entertainment company with a portfolio of 31 hotel and gaming destinations [5] - The company operates BetMGM, a sports betting and online gaming venture, and is pursuing expansion opportunities in Asia, particularly in Japan [5]

It has been about a month since the last earnings report for MGM Resorts (MGM) . Shares have added about 0.3% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MGM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MGM Resorts Q2 Earnings & Revenues Surpass EstimatesMG ...

Companies also announce expansion of partnerships promoting responsible gaming & consumer education    LAS VEGAS, Aug. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and BetMGM announced today that they are once again partnering with the American Gaming Association (AGA) to promote Responsible Gaming Education Month (RGEM 2024) in September. The two companies will execute their responsible gaming campaign at designated National Football League (NFL) stadiums ...

Shares of MGM Resorts International (MGM) are struggling to stay afloat in the stock market. Despite strong second-quarter results, the stock has dropped 15% year to date compared with the industry’s 6.8% rise and the S&P 500’s 17.9% increase. Investor sentiments remain tepid primarily due to broader market volatility and uncertainties in Macau.However, MGM's stock has shown some relative strength compared with competitors like Wynn Resorts, Limited (WYNN) . down 15.5%, Las Vegas Sands Corp. (LVS) , down 18 ...