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].

LAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will oversee the Company's global design and development efforts and sports and entertainment partnerships. He also will continue to drive the Company's hospitality strategy, including the development of food and beverage and nightlife concepts, and l ...

Core Insights - MGM Resorts International will participate in the 2024 Bank of America Leveraged Finance Conference on December 3, 2024, with senior leadership from MGM Resorts and MGM China speaking at 9:30 a.m. ET [1] Company Overview - MGM Resorts International is an S&P 500 global gaming and entertainment company with a portfolio of 31 unique hotel and gaming destinations worldwide, including renowned resort brands [2] - The company operates BetMGM, LLC, a 50/50 venture that provides sports betting and online gaming in North America, and has a subsidiary, LV Lion Holding Limited, offering similar services in Europe [2] - MGM Resorts is pursuing expansion in Asia, specifically through an integrated resort development in Japan [2] - The company emphasizes sustainability through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, aiming to positively impact employees, guests, and communities [2] - MGM Resorts has been recognized as one of FORTUNE Magazine's World's Most Admired Companies [2]

Sold-Out Bellagio Fountain Club Headlines Race Weekend Experiences with Celebrity Chefs, Top Drivers, Stars and More Click here to download high-res images (credit: MGM Resorts) Click here to download b-roll from Bellagio Fountain Club, Fountain Walk, Boulevard Experience and Shoey Bar (footage courtesy of MGM Resorts) LAS VEGAS, Nov. 25, 2024 /PRNewswire/ -- As the checkered flag waves on the second year of the Las Vegas Grand Prix, MGM Resorts International has once again delivered as the ultimate race-we ...