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MGM, UK Gaming Companies May Be Eyeing Kindred Takeover
Though the gains of have been erased, shares of Kindred Group (OTC: KNDGF) surged early in Friday’s trading session amid speculation that MGM Resorts International (NYSE: MGM) is mulling a takeover of...
BetMGM EBITDA Positive in Q2, Entain Could Again Be Takeover Target Says Analyst
BetMGM’s increasingly sturdy financial performance could compel MGM Resorts International (NYSE: MGM) to revisit a takeover of Entain Plc (OTC: GMVHY), something the former’s management team said it’s not inclined to do....
MGM Resorts Named to Black Enterprise DEI List
MGM Resorts International was named to Black Enterprise’s list of the “Best Companies for Diversity, Equity & Inclusion (DEI)” for 2023. The Bellagio operator is one of 60 companies in the rankings...
MGM Denies Profiting from LeoVegas ‘Illegal’ Japan Gambling Ops
MGM Resorts has hit back against an accusation that it may have profited from illegal online gambling in Japan via its acquisition of LeoVegas. In April, MGM won the first Japanese casino...
Marriott, MGM Loyalty Members Could Love New Licensing Agreement
Hotel giant Marriott International and MGM Resorts International on Monday unveiled the MGM Collection with Marriott Bonvoy. That long-term strategic licensing agreement covers MGM’s 17 domestic properties, including those on the Las...
Melco, MGM, Wynn Among Upgraded Macau Stocks
The Macau recovery is one of the obvious themes underpinning strength in casino stocks this year. Some analysts believe there’s more upside to come for U.S. and Hong Kong-listed concessionaries alike. In...
Churchill Downs, MGM Among Top Gaming Equity Ideas Ahead of Q2 Earnings
Second-quarter earnings season kicked off this week, and it’s just a matter of days before gaming companies step into the earnings confessional. In aggregate, gaming equities lagged the S&P 500 in the...
Hyatt, MGM Ending Points Partnership
Hyatt Hotels Corp. and MGM Resorts International announced they're ending a rewards club reciprocal agreement that dates back a decade. The World of Hyatt and MGM Rewards partnership will be scrapped effective...
MGM Grand Stabbing Suspects Charged on Several Counts
Three suspects are facing charges of attempted murder with a deadly weapon and several other counts. That's after a man was knifed this week in a room at Las Vegas Strip’s MGM...
MGM Resorts CEO Bill Hornbuckle Says Roadways Deserve Higher Priority in Infrastructure Planning
MGM Resorts International President and CEO Bill Hornbuckle believes federal and state governments need to prioritize roadway projects in their infrastructure planning. Writing an op-ed for Fortune, the CEO of Nevada's largest...