Hotel Renovation and Expansion - MGM Grand is undergoing a significant renovation of its main tower rooms, with the first phase available for reservation starting March 1, 2025 [1] - The renovation adds 111 suites to the main tower, bringing the total to 753 suites ranging from 675 to 2,572 square feet [6] - The newly remodeled rooms and suites are designed to meet the evolving needs of contemporary travelers, blending functionality, comfort, and style [4] Room and Suite Design - The main tower remodel draws inspiration from the glamour of the disco era, combined with modern elements to create a playful and elegant atmosphere [3] - King Rooms feature rich walnut wood finishes, warm gray textured wall coverings, and vibrant carpet designs, while Queen Rooms showcase lighter gray stone finishes and tailored headboards [5] - Suites feature a refined blend of dark ebony and walnut wood finishes, with livable entertainment areas, comfortable sectionals, and lenticular artwork [7] Guest Experience Enhancements - Bathrooms in the remodeled guest rooms are upgraded with spacious walk-in showers, sleek glass enclosures, and bright porcelain finishes, creating a spa-like ambiance [4] - Integrated closets with mirrored, illuminated interiors maximize storage and streamline the room's layout [4] - Enhanced blackout drapery, wall-mounted TVs, and separate guest-use refrigerators in minibar units add convenience and comfort [4] Art and Aesthetics - Original artwork plays a significant role in the design, with each room and corridor featuring unique pieces reflecting the past, present, and future of MGM Grand [8] - Corridor artwork tells a story of exploration and self-discovery, including LED art pieces reminiscent of the vibrant disco era [8] - Floral and dreamy carpet patterns, along with light wood wall coverings, create a warm welcome to the newly remodeled rooms [8] New Dining and Attractions - MGM Grand is introducing new dining venues and attractions, including Netflix Bites, featuring cuisine inspired by hit Netflix shows, opening in early 2025 [9] - Palm Tree Beach Club, a tropical-inspired day club from world-renowned DJ Kygo's Palm Tree Crew, is set to launch in summer 2025 [9] Company Overview - MGM Grand Hotel & Casino offers a variety of accommodations, signature dining by top celebrity chefs, and world-class entertainment, including the MGM Grand Garden Arena and KÀ by Cirque du Soleil [11] - The hotel features a pampering spa and salon, an elaborate conference center with over 850,000 square feet of meeting space, and a wide range of entertainment options [11]

This company has a wide moat and is buying back 15% of its shares outstanding each year.MGM Resorts (MGM 0.24%) is a leader in gaming on the Las Vegas Strip and Macao, but the market hasn't appreciated the company's cash flow or buybacks over the past year. In this video, Travis Hoium shows why this is a cheap stock and has incredible potential through not only buybacks but also long-term growth.*Stock prices used were end-of-day prices of Jan. 14, 2025. The video was published on Jan. 15, 2025. ...

MGM Resorts International (NYSE: MGM ) is a globally recognized name in the gaming and hospitality sector, with a diverse portfolio of assets and promising growth opportunities. Despite operating in a sector that currently seems to be out of favor byFollow me on Twitter. I like to research and invest in companies that typically fall into two categories:- Macro Trend Investments: These are companies or sectors benefitting from good secular trends, where growth potential is supported by attractive valuations. ...

LAS VEGAS, NV - SEPTEMBER 24: General views of the MGM Grand Las Vegas Hotel & Casino on September ... [+] 24, 2024 in Las Vegas, Nevada. (Photo by AaronP/Bauer-Griffin/GC Images)GC Images MGM Resorts stock (NYSE: MGM) currently trades at $32 per share (Jan. 13), roughly 36% below its pre-inflation shock high of $50 seen on November 5, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist i ...

Albert Anthony's Background and Activities - Albert Anthony is a markets analyst, contributor, and host of The Future Investor on Seeking Alpha, covering over 200 companies and providing general markets commentary [1] - He has grown a fan base of over 1,000 followers since 2023 on Seeking Alpha [1] - He manages his own home-based fund called The Future Investor Fund and discusses investor topics on his YouTube channel, reaching a global audience [1] - Albert Anthony is a contributor for Investing com and maintains a presence on social media platforms including Twitter (X), LinkedIn, and Facebook [1] - In 2025, he plans to launch a book titled The Future Investor: Growing a Diversified Portfolio on Amazon, aiming to spread financial education to over 1 million people globally [1] Education and Professional Experience - Albert Anthony holds education degrees and certificates from Drew University, Corporate Finance Institute, Microsoft, CompTIA, and UVA Darden School of Business [1] - He has worked as a management and information systems analyst at large companies, including the IT department of a top 10 financial firm in the US [1] - In 2024, he became a member of the Croatian Association of Economists (HDE) [1] Media and Public Appearances - Albert Anthony frequently attends business, innovation, and startup conferences and panel discussions in the US and Europe [1] - He has appeared in or written for several regional media outlets and has worked as an extra in European film and TV productions [1]

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain") will release an update on BetMGM's FY 2024 performance at 7:00 a.m. Eastern Time (12:00 p.m. UK) Tuesday 4th February 2025. BetMGM management will host an audio webcast at 9:00 a.m. Eastern Time (2:00 p.m. UK).  Upcoming Dates: February 12: MGM Resorts Inter ...

LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2024 after the market closes on Wednesday, February 12, 2025. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investo ...

Following up on my recent tax loss selling opportunity piece , today, I present 3 more stocks I believe have been unduly punished by Mr. Market. Relative to my last piece, I would note that these are lower conviction ideas (read: smaller, in some casesAnalyst’s Disclosure: I/we have a beneficial long position in the shares of UNH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...

W Las Vegas at Mandalay Bay officially joins the MGM Collection with Marriott Bonvoy portfolio. Post this  The introduction of W Las Vegas to the MGM Resorts portfolio marks another milestone in the company's long-term strategic licensing agreement with Marriott International, first announced in 2023. This collaboration unites two hospitality leaders, offering Marriott Bonvoy and MGM Rewards members unprecedented access to both companies' collections of resorts, along with elevated experiences and unmatc ...

Core Viewpoint - MGM Resorts has experienced significant growth post-pandemic, but must explore new international markets for long-term growth as Las Vegas gambling reaches maturity [1][4]. Group 1: Financial Performance - MGM's third-quarter earnings showed a 5% year-over-year revenue increase to a record $4.2 billion, aided by the recovery in Macau [2]. - The company generated $8.1 billion in revenue for the full year 2023, with expectations of sharing Japanese sales with local partners from the new Osaka resort [7]. Group 2: Market Expansion - MGM has received certification to develop a $10 billion integrated resort in Osaka, Japan, expected to open in 2029, with potential first-year revenue of $5 billion [6]. - The company has a diversified portfolio, including operations in Las Vegas and regional casinos across the U.S., which mitigates risks from market weaknesses [3]. Group 3: Stock Valuation and Shareholder Returns - MGM's stock trades at a forward price-to-earnings (P/E) multiple of around 14, significantly lower than the S&P 500 estimate of 23, indicating a potential undervaluation [8]. - The company has repurchased $1.3 billion worth of stock year-to-date, reducing shares outstanding by 40% since 2021, which may enhance earnings per share and investor ownership [9].