Search
5857 results for "mgm"
MGM Growth Properties Lauded as Defensive Play on Las Vegas Rebound
MGM Growth Properties (NYSE:MGP), the owner of some of the most famous integrated resorts in Las Vegas, is being hailed as a defensive idea for conservative investors seeking participation in a gaming...
MGM China Dashes for Cash, Lands $503 Million Bank Credit Line
Looking to shore up its balance sheet as Macau visits and revenue remain in the dumps, MGM China said it gained access to a new $503 million credit facility. The operator of...
MGM Dented by Multiple Downgrades as Analysts See Limited Near-Term Growth Opportunities
Shares of MGM Resorts International (NYSE:MGM) are trading lower Thursday, as the stock contends with several new sell-side assessments, none of which are enthusiastic. Today's analyst action on MGM stock includes two...
MGM Resorts Restores Free Parking at Las Vegas Strip Casinos, Resort Fees Remain
MGM Resorts announced this week that when its Las Vegas properties reopen, they'll do so with free parking for all guests. What was once a perk afforded to Sin City travelers of...
MGM Bolsters Balance Sheet Again, This Time Through $700 Million MGP Stake Sale
Continuing its efforts to firm up its balance sheet, MGM Resorts International (NYSE:MGM) sold $700 million worth of equity in MGM Growth Properties (NYSE: MGP), bringing the Mirage operator's liquidity position to...
Las Vegas Sands Japan Door Closed, But It’s Ajar for Melco, MGM, Analyst Speculates
Las Vegas Sands (NYSE:LVS) sent shockwaves through the gaming industry Tuesday, saying it has ended its pursuit of a Japanese gaming license. Chairman and CEO Sheldon Adelson cited issues with the policy...
MGM Resorts Interim CEO Says Las Vegas Can Safely Reopen in Matter of Weeks, Not Months
The top executive at MGM Resorts, the operator of the most casinos on the Las Vegas Strip, believes Sin City can safely reopen sometime later this month or in early June. Appearing...
Grant Bowie to Retire as MGM China CEO, Company Faces Challenges
MGM China CEO Grant Bowie is stepping down at the end of this month from his top post. That is the latest management change involving MGM Resorts International globally, as the company...
MGM Resorts International Extends Health Benefits, But Gives No Guarantees All Return
MGM Resorts International’s acting chief executive officer sent a letter to the company’s workforce on Tuesday letting them know that health insurance coverage for furloughed employees would be extended through the end...
MGP Says Lone Tenant MGM Resorts Paid All April Rent, Doesn’t Expect Interruptions
MGM Growth Properties (NYSE:MGP) reported first-quarter results earlier Tuesday. But the most important takeaway may just be that the company's lone tenant – MGM Resorts International (NYSE: MGM) – paid all of...