MGM Resorts International(MGM)
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MGM Resorts International CEO and CFO to Speak at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum
Prnewswire· 2024-03-07 14:15
LAS VEGAS, March 7, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Thursday, March 14, 2024. MGM Resorts CEO and President Bill Hornbuckle and Chief Financial Officer and Treasurer Jonathan Halkyard will speak at a session scheduled to begin at 5:40 p.m. ET. A live webcast of the session will be available under the Events & Presentation section of the MGM Invest ...
MGM RESORTS & BETMGM STRENGTHEN RELATIONSHIP WITH KINDBRIDGE, FURTHERING SUPPORT FOR PROBLEM GAMBLING RESEARCH & TREATMENT
Prnewswire· 2024-03-01 11:00
Collaboration coincides with entertainment leaders' support of Problem Gambling Awareness Month LAS VEGAS, March 1, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and BetMGM announced today new groundbreaking initiatives in collaboration with Kindbridge designed to support problem gambling research and mental health services. Kindbridge Research Institute and Kindbridge Behavioral Health are organizations that aim to better understand the problems that exist within at-risk communities, deliveri ...
MGM Resorts International(MGM) - 2023 Q4 - Annual Report
2024-02-22 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-10362 MGM Resorts International (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
MGM RESORTS INTERNATIONAL LISTED ON PRESTIGIOUS CDP A-LIST
Prnewswire· 2024-02-20 14:00
Environmental organization CDP recognizes MGM Resorts for environmental leadership LAS VEGAS, Feb. 20, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on the organization's annual A List. The MGM Resorts Mega Solar Array MGM Resorts is one of just 347 companies that received the prestigious 'A,' out of more tha ...
Bullish Trendline Could Power Up Casino Stock
Schaeffers Research· 2024-02-15 19:57
MGM Resorts International (NYSE:MGM) stock is up 1.4% to trade at $43.40 at last check, after Citigroup raised its price target to $68 from $66.50. The shares sport a 3% deficit for 2024 so far, and recently staged a pullback from its peak above $47. Today's bull note could be just the beginning of a rally, however, given the security is trading near a historically bullish trendline. MGM Resorts stock is within one standard deviation of its 160-day moving average. Per Schaeffer's Senior Quantitative Analyst ...
MGM's hotels charged $1,000 a night on average for the Super Bowl, but the stock suffers a hangover
Market Watch· 2024-02-14 20:41
MGM Resorts International beat fourth-quarter earnings expectations, and said the Super Bowl effect was surprisingly “amazing” for its Las Vegas properties, but the stock continued to suffer from a post-game hangover Wednesday. Chief Executive Bill Hornbuckle said on the post-earnings conference call with analysts that there had been some uncertainty about how much people would spend at MGM’s Las Vegas properties, given that they had to already spend so much to go the game, which was played in Vegas. “We... ...
MGM Resorts' (MGM) Q4 Earnings & Revenues Top Estimates
Zacks Investment Research· 2024-02-14 15:11
MGM Resorts International (MGM) reported impressive fourth-quarter 2023 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Both metrics beat the consensus estimate for the fifth consecutive quarter and increased on a year-over-year basis.Despite reporting better-than-expected results, the company’s shares declined 4% during the after-hours trading. This was attributed to the company's disclosure that a significant portion of its revenue was attributed to its Las Vegas resorts, whic ...
MGM Resorts relies on China sales despite F1 coming to Vegas
Proactive Investors· 2024-02-14 12:14
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
MGM Resorts Expands Gaming Brand BetMGM to 29 Markets, Readies Digital Wallet
PYMNTS· 2024-02-14 03:07
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss. On Sept. 12, PYMNTS wrote that MGM Resorts’ websites remained down two days after the beginning of a cyberattack that, at the time, had caused its websites, including its reservations platform, to remain inaccessible. ...
MGM Resorts International(MGM) - 2023 Q4 - Earnings Call Transcript
2024-02-14 01:50
MGM Resorts International (NYSE:MGM) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Andrew Chapman - Director, Investor Relations William Hornbuckle - Chief Executive Officer and President Jonathan Halkyard - Chief Financial Officer Corey Sanders - Chief Operating Officer Kenneth Feng - President and Executive Director, MGM China Conference Call Participants Joseph Greff - JPMorgan Carlo Santarelli - Deutsche Bank David Katz - Jefferies Stephen Grambling - Morgan Stanley ...