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MGM Resorts International Updates Earnings Release Date
Prnewswire· 2026-02-04 23:15
Core Viewpoint - MGM Resorts International has rescheduled the release date for its financial results for Q4 and full year 2025 to February 5, 2026, after market close, with a conference call following at 5:00 p.m. Eastern Time [1]. Group 1: Financial Results Announcement - The financial results will now be released on February 5, 2026, instead of the previously scheduled February 11, 2026 [1]. - A conference call will take place after the results are released, including a discussion and a Q&A session [1]. - Supplemental slides will be available on MGM's Investor Relations website prior to the call [1]. Group 2: Company Overview - MGM Resorts International is a global gaming and entertainment company listed on the S&P 500, featuring hotels, casinos, and various entertainment offerings [1]. - The company operates 31 unique hotel and gaming destinations worldwide and is recognized for its Las Vegas-inspired brands [1]. - MGM Resorts is involved in sports betting and online gaming through its joint venture, BetMGM, and is pursuing expansion in Asia with a project in Japan [1].
IAC(IAC) - 2025 Q4 - Earnings Call Presentation
2026-02-04 13:30
Q4'25 Investor Presentation February 3, 2026 NON-GAAP FINANCIAL MEASURES This presentation contains references to non-GAAP measures. Adjusted EBITDA (Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization) is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of (i) amortization of intangible assets and impairments of goodwill and intangible assets, if applicable, and (ii) gains and losses recognized on ...
MGM Resorts Stock: Analyst Estimates & Ratings
Yahoo Finance· 2026-02-03 15:58
With a market cap of $9.2 billion, MGM Resorts International (MGM) is a global gaming and entertainment company operating casino resorts and digital gaming platforms across the United States, China, and other international markets. Through segments including Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital, the company offers integrated resort experiences and online gaming services such as sports betting and iGaming via BetMGM. Shares of the Las Vegas, Nevada-based company have la ...
BetMGM Underscores Commitment to Sports Integrity with Athlete Anti-Harassment Policy
Prnewswire· 2026-02-02 15:30
Core Points - BetMGM is updating its terms of service to explicitly prohibit athlete harassment, with account suspension for customers using abusive language towards athletes, coaches, or league personnel [1][2] - The update aims to enhance clarity around the policy and reinforces BetMGM's commitment to sports integrity and player safety, subject to regulatory approval [2] - BetMGM's Chief Compliance Officer emphasized the company's dedication to safeguarding athletes and taking decisive action against confirmed harassment [3] Company Overview - BetMGM operates in 30 markets, offering both mobile and retail sports betting options, accessible via iOS, Android, and desktop [4] - The company is a joint venture between MGM Resorts International and Entain Plc, providing exclusive access to MGM's U.S. sports betting and online gaming businesses [6] - Founded in 2018 and headquartered in New Jersey, BetMGM utilizes advanced technology from Entain to deliver its services [6]
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
Core Viewpoint - Maple Gold Mines Ltd. has announced a private placement offering to raise gross proceeds of up to $15,000,085 through the sale of flow-through and non-flow-through shares, aimed at funding exploration activities in Canada [1][2]. Group 1: Offering Details - The LIFE Offering consists of up to 3,525,000 flow-through shares priced at $3.40 each, targeting gross proceeds of up to $11,985,000 [1]. - A concurrent non-brokered private placement aims to raise up to $4,015,085, involving up to 1,070,960 flow-through shares and 152,580 non-flow-through shares priced at $2.45 each [2]. - The expected closing date for the Offering is around February 17, 2026, subject to regulatory approvals [5]. Group 2: Use of Proceeds - Proceeds from the sale of flow-through shares will be used to incur eligible Canadian exploration expenses related to the Company's projects, with a commitment to renounce these expenditures to subscribers by December 31, 2026 [4]. - Net proceeds from the non-flow-through shares will be allocated for general administrative expenses and working capital over the next 12 months [4]. Group 3: Investor Participation - Strategic investor Michael Gentile plans to participate in the Offering to maintain an approximate 8.4% partially diluted interest in the Company [3]. Group 4: Company Overview - Maple Gold Mines Ltd. is focused on advancing its 100%-owned Douay/Joutel Gold Project in Québec, which spans approximately 481 square kilometers and includes established gold mineral resources [10]. - The property also contains numerous regional exploration targets along a 55-km strike length, indicating potential for new gold and VMS discoveries [11].
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
Core Insights - MGM Resorts International is valued at a market cap of $9.5 billion and operates casino resorts in Las Vegas, offering various amenities and online gaming options [1] - The company is expected to announce its fiscal Q4 earnings for 2025 on February 11, with analysts predicting a profit of $0.62 per share, a 37.8% increase from the previous year [2] - For the current fiscal year ending in December, MGM is projected to report a profit of $2.39 per share, down 7.7% from $2.59 in fiscal 2024, with further expected decline to $2.05 in fiscal 2026 [3] Financial Performance - MGM reported total revenue of $4.3 billion for Q3, a 2% year-over-year increase, slightly above consensus estimates, but its adjusted EPS of $0.24 decreased by 55.6% from the previous year, missing Wall Street expectations by 35.1% [5] - Over the past 52 weeks, MGM's stock has gained 7.2%, underperforming the S&P 500 Index's 19.3% return and the State Street Consumer Discretionary Select Sector SPDR ETF's 11.9% increase [4] Analyst Ratings - Wall Street analysts have a "Moderate Buy" rating on MGM, with 21 analysts covering the stock: 8 recommend "Strong Buy," 11 suggest "Hold," and 2 indicate "Strong Sell" [6] - The mean price target for MGM is $42.72, suggesting a potential upside of 23.3% from current levels [6]
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]