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MGM Says China Unit Would Run Thailand Bid
Should MGM Resorts International (NYSE: MGM) pursue a bid for a Thailand casino license, it’d run through its MGM China unit, according to CEO Bill Hornbukcle. The chief executive office made that...
F1 Fans Not Racing to Rent Las Vegas Rooms This Year — MGM
Hotel reservations and ticket packages for the second F1 Las Vegas Grand Prix are experiencing a rapid deceleration from last year. So said MGM Resorts execs during the casino company's second-quarter earnings...
BetMGM Posts First Half Revenue of $1B, Calls 2024 ‘Year of Investment’
In its first half financial update, BetMGM said net revenue through the first six months of 2024 was $1 billion, a 6% increase from the year-earlier period. The operator added that based...
FTC Investigation Could Be Thwarted by Bill Moved by Pol Receiving MGM Campaign Cash
A spending bill approved by the House Appropriations Committee contains a provision that could stymie the Federal Trade Commission’s (FTC) investigation into the September 2023 cybersecurity incident that temporarily crippled the casino...
British Teen Arrested for Alleged Role in MGM Resorts Hacking
A 17-year-old boy from Walsall, England was apprehended this week for taking part in the hacking of MGM Resorts International and other large organizations, authorities revealed. The unnamed suspect was arrested on...
VEGAS MYTHS RE-BUSTED: Guests Once Entered MGM Grand Through the Gold Lion’s Mouth
EDITOR’S NOTE: “Vegas Myths Busted” publishes new entries every Monday, with a bonus Flashback Friday edition.?Today’s entry in our ongoing series originally ran Oct. 7,? 2022.? According to a pervasive Las Vegas...
MGM, Caesars Supported by Strip Resilience, Penn Takeover a Stretch, Says Analyst
Las Vega Strip trends remain sturdy and that’s good news for MGM Resorts International (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR). Looking elsewhere in the gaming industry, a near-term takeover of Penn...
MGM Resorts International Opens Another Hotel in China
MGM Resorts International is living up to its name, as the Las Vegas-based casino operator continues to expand its international portfolio. MGM Shenzhen, a beachside hotel in the Yantian District overlooking Mirs...
MGM Stock Sporting Attractive Risk/Reward Says Analyst
After dithering for much of this year, shares of MGM Resorts International (NYSE: MGM) are on a torrid pace as of late, as highlighted by a gain of 7.53% over the past...
BetMGM, Caesars Join Washington, DC Sports Betting Expansion
Washington, DC’s mobile sports wagering market will open to multiple competitors next week, stripping FanDuel of a brief monopoly. Starting Monday, BetMGM will be live with mobile betting in the District and...