MGM Resorts International(MGM)
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MGM Resorts (MGM) BetMGM Unveils Sports Betting in North Carolina
Zacks Investment Research· 2024-03-12 16:45
MGM Resorts International’s (MGM) sports betting and iGaming partner, BetMGM, a prominent player in the sector, has taken a significant stride by introducing mobile sports betting services in North Carolina. This move underscores the company's commitment to expanding its market reach and providing customers with unparalleled gaming experiences.BetMGM CEO, Adam Greenblatt, expressed excitement about tapping into North Carolina's passionate sports fandom, recognizing it as a promising market. BetMGM's innovat ...
MGM vs. RRR: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-03-12 16:41
Investors interested in stocks from the Gaming sector have probably already heard of MGM Resorts (MGM) and Red Rock Resorts (RRR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...
Is MGM Resorts International (MGM) Stock Undervalued Right Now?
Zacks Investment Research· 2024-03-12 14:40
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...
BETMGM DEBUTS NEW RESPONSIBLE GAMING SPOT FEATURING NHL STAR CONNOR MCDAVID
Prnewswire· 2024-03-08 15:30
Ad to appear on broadcast and digital platforms throughout North America JERSEY CITY, N.J., March 8, 2024 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today launched a new 30-second spot that features reigning National Hockey League (NHL) Most Valuable Player (MVP) Connor McDavid and focuses on BetMGM's collection of responsible gaming tools. McDavid shared the ad in an Instagram post this morning, noting that the message is "all about being responsible if you choose to bet – stay ...
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... ...