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What to Expect From MGM Resorts' Q4 2025 Earnings Report
Yahoo Finance· 2026-01-14 11:50
Valued at a market cap of $9.5 billion, MGM Resorts International (MGM) is a gaming and entertainment company based in Las Vegas, Nevada. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. The company is expected to announce its fiscal Q4 earnings for 2025 after the market closes on Wednesday, Feb. 11. Before this event, analysts expect this gaming and entertainment compa ...
VIP Entertainment Technologies Inc. Strategic MOU for BPT Token Integration
Thenewswire· 2026-01-12 23:00
Vancouver, British Columbia – TheNewswire - January 12, 2026 – VIP Entertainment Technologies Inc. (TSXV:VIP) (the “Company”) pleased to announce, under a non-binding Memorandum of Understanding, that it intends to adapt BPT Token as the primary currency of its global gaming and entertainment platform, Alchemist Republic. Under this MOU, BPT Token is intended to function as a utility token, serving as a core medium for payments, rewards, and access to various content and services within the Alchemist Repu ...
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]
Caesars Entertainment (CZR) Climbs 9% on Rating, PT Upgrade
Yahoo Finance· 2026-01-09 02:35
Core Viewpoint - Caesars Entertainment Inc. has shown strong performance recently, with a significant stock price increase following a rating upgrade and price target revision by an investment firm [1][2]. Group 1: Stock Performance - Caesars Entertainment's stock rose by 9 percent to close at $25.07 after two days of losses [1]. - The investment firm Susquehanna upgraded its rating from "neutral" to "positive" and raised the price target by 24 percent from $25 to $31 [2]. Group 2: Earnings Outlook - The optimistic revision reflects expectations for higher earnings driven by strong regional operations, which account for 40 percent of the company's value [3]. - Improvements are anticipated from normalized promotional spending and additional factors such as tax refunds [3]. Group 3: Operational Insights - Susquehanna expects sequential improvement in Caesars' Las Vegas operations, influenced by a higher group and convention mix, particularly benefiting the company in the fourth and first quarters [4]. - Despite facing strategic gaps compared to premium competitors, Caesars, as a low-cost operator with high financial leverage, has the potential to drive share prices higher if expected improvements materialize [5].
My Most Contrarian Investment For 2026: Caesars Entertainment (NASDAQ:CZR)
Seeking Alpha· 2025-12-11 13:50
Group 1 - There are growing fears of a potential recession due to various economic indicators [1] - The job market is cooling at a rapid pace, indicating a slowdown in employment opportunities [1] - Consumer spending is softening, suggesting a decrease in economic activity and consumer confidence [1] - The ongoing trade war is contributing to higher economic uncertainty [1]
Allied Gaming and Entertainment Issues Statement to Shareholders and the Investment Community
Globenewswire· 2025-12-05 14:00
Core Viewpoint - The company reaffirms its financial strength and strategic progress despite elevated short-selling activity, emphasizing a significant disconnect between its market valuation and intrinsic value [1][2][3]. Financial Position - Total assets exceed US$106.7 million, with cash, cash equivalents, and short-term investments totaling approximately US$53.8 million, and shareholders' equity at around US$56.9 million [3]. - The current market capitalization is approximately US$14 million, representing about 25% of net asset value and less than 30% of cash and short-term investments [3]. Expense Management - Increased operating expenses are attributed to a prolonged shareholder control dispute, which is exceptional and non-recurring, not indicative of operational weakness [4]. - The company has optimized its cost structure and improved the efficiency of strategic capital deployment while maintaining stable operational progress [4]. Income Generation - The company generated over US$3.5 million in interest and investment income during the first nine months, showcasing a resilient financial foundation [5]. Strategic Focus - The company aims to expand higher-margin experiential and live entertainment businesses, advance monetization models, and pursue selective investment opportunities [6]. - With liquidity exceeding US$53 million, the company is positioned to execute its growth strategy without pressure from short-term market fluctuations [6]. Shareholder Guidance - The company advises shareholders to exercise caution regarding unverified commentary and to evaluate based on official disclosures and long-term value rather than short-term price movements [7]. - Management remains confident in delivering sustainable value to long-term shareholders and is committed to transparent communication and disciplined execution [8].
MGM Resorts to Sell MGM Northfield Park Operations for $546M
ZACKS· 2025-10-17 14:42
Core Insights - MGM Resorts International has agreed to divest MGM Northfield Park operations to Clairvest Group for $546 million in cash, reflecting a multiple of approximately 6.6x adjusted EBITDA for the 12 months ended June 30, 2025 [1][8] Financial Impact - The transaction is expected to generate approximately $420 million in net cash proceeds for MGM after accounting for taxes and transaction-related costs [2] - The sale will also reduce MGM's annual rent obligations by $54 million, enhancing its balance sheet [2][8] Operational Performance - MGM Northfield Park reported adjusted EBITDAR of about $137 million over the past year, indicating its strong contribution to MGM's overall performance [3] - The property was originally acquired for $275 million in 2019, making the sale a significant uplift over the initial investment [3] Strategic Focus - CEO Bill Hornbuckle emphasized MGM's strategic focus on expanding digital operations and international growth initiatives [4] - The divestiture reflects MGM's ability to unlock premium transaction multiples and showcases disciplined financial management [4][6] Market Context - MGM's stock has gained 9.6% in the past six months, compared to a 35.1% rise in the industry, with solid performances from MGM China and regional properties [7] - The company is experiencing elevated operating expenses, particularly in the casino and food and beverage sectors, with casino expenses totaling $1.33 billion in Q2 2025 [9]
After Plunging 11.1% in 4 Weeks, Here's Why the Trend Might Reverse for PENN Entertainment (PENN)
ZACKS· 2025-10-14 14:36
Core Viewpoint - PENN Entertainment (PENN) has experienced a significant downtrend, with an 11.1% decline in stock price over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 indicating that a stock may be oversold [2]. - PENN's current RSI reading is 29.58, indicating that the heavy selling pressure may be exhausting itself, and a price reversal could be imminent [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts regarding PENN's earnings estimates, with a 14.1% increase in the consensus EPS estimate over the last 30 days, suggesting potential price appreciation [7]. - PENN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which further supports the likelihood of a near-term turnaround [8].
Golden Entertainment to Report 2025 Third Quarter Results on November 6 and Host Conference Call and Webcast
Businesswire· 2025-10-13 20:05
Core Viewpoint - Golden Entertainment, Inc. will release its third quarter financial results for 2025 on November 6, 2025, after market close, and will host a conference call and webcast for the public [1] Group 1 - The financial results announcement is scheduled for after market hours on November 6, 2025 [1] - A conference call and simultaneous webcast will take place at 5:00 pm ET (2:00 pm PT) on the same day [1] - The conference call will be accessible to the general public via a dedicated phone line [1]
PENN Entertainment to Report Third Quarter Results and Host Conference Call and Webcast on November 6
Businesswire· 2025-09-30 14:00
Core Points - PENN Entertainment, Inc. will release its 2025 third quarter financial results on November 6, 2025, at 7:00 a.m. ET [1] - A conference call and webcast will follow at 9:00 a.m. ET, which is open to the general public [1] - The conference call can be accessed by calling 203-518-9765 with the conference ID: PENN, and participants are advised to call five minutes in advance [1]