Mgm Resorts Stock Price, News & Analysis

MGM Resorts (NYSE: MGM) announced that NoMad Las Vegas will begin transitioning to The Reserve at Park MGM, with the full rebrand effective December 17, 2025. The Reserve will include 293 rooms and suites and retain an elevated guest experience.

Several NoMad venues will be renamed: NoMad Pool → The Terrace Pool, NoMad Library → The Library, and NoMad Bar → The Reserve Bar. In early 2026, The Reserve is expected to join Marriott Bonvoy's Autograph Collection under MGM Resorts' licensing partnership, enabling booking and points earn/redeem via Marriott.com. Reservations open via mgmresorts.com and the MGM Rewards app starting December 17.

BetMGM (MGM) launched statewide mobile and retail sports betting in Missouri on Dec 1, 2025 through a retail sportsbook at Century Casino & Hotel Cape Girardeau and its mobile app.

Key consumer details include a first-bet offer up to $1,500 for new Missouri players, access to BetMGM Rewards and MGM Rewards tier credits, GameSense responsible-gaming integration, and availability on iOS, Android and desktop. BetMGM currently operates in 30 markets and cites partnerships including Century Casinos and the Kansas City Chiefs.

Century Casinos (NASDAQ: CNTY) announced the opening of a new BetMGM retail sportsbook at Century Casino & Hotel Cape Girardeau and the simultaneous launch of online sports betting via the BetMGM app and website on December 1, 2025.

The retail sportsbook features high-definition screens, viewing areas, manned windows, self-service kiosks, an extensive odds display and a bar. The location offers prominent visibility from the main entrance. The move follows Century's partnership with BetMGM and is intended to expand product offerings and participate in Missouri's newly established sports wagering market.

MGM Grand (NYSE:MGM) completed a $300 million remodel of its main tower, delivering an all-new collection of 3,969 rooms and suites that are now bookable as of Nov. 13, 2025. The redesign by Gensler and MGM Resorts Design & Development mixes disco-era-inspired finishes with modern amenities including spa-like walk-in showers, illuminated closets, blackout drapery, wall-mounted Smart TVs and upgraded minibars.

An additional 111 suites were added, bringing the suite total to 753, with sizes from 675 to 1,784 sq ft. The relaunch complements new dining and entertainment offerings across the resort.

MGM Resorts (NYSE: MGM) will host the 15th Annual USO Experience: Salute to the Troops at Mandalay Bay beginning November 14, 2025 for five days. In partnership with the USO and American Airlines, MGM will fly in and host 100+ injured active-duty service members and their families, providing accommodations, meals, entertainment and curated experiences.

Highlights include a "Wall of Gratitude" welcome procession, Hoover Dam and Red Rock tours, Shark Reef Aquarium visits, Blue Man Group tickets, and year-round veteran hiring and recognition initiatives.

Bellagio (NYSE: MGM) and Major Food Group opened CARBONE RIVIERA on November 7, 2025, a seafood-forward CARBONE concept in the former Picasso dining room overlooking the Bellagio Fountains.

The 240-seat restaurant features a whole-fish program, daily flown luxury ingredients, pasta and steak offerings, a Champagne-focused wine list, coastal cocktails, interiors by Martin Brudnizki, and a private 33-foot Riva yacht deck for select guests.

CARBONE RIVIERA is open nightly 5–11 p.m.; reservations via bellagio.com or Bellagio Concierge.

VICI Properties (NYSE:VICI) reported Q3 2025 results with total revenues of $1.0B, up 4.4% year-over-year, and net income attributable to common stockholders of $762.0M ($0.71 per diluted share), up 4.0% Y/Y. AFFO was $637.6M, up 7.4% Y/Y, and AFFO per share was $0.60, up 5.3% Y/Y. The company declared a quarterly cash dividend of $0.45 per share, a 4.0% increase, marking its 8th consecutive annual dividend increase. Cash and equivalents totaled $507.5M with $244.9M estimated forward-sale proceeds and $2.4B available on the revolving credit facility; total debt was $17.1B and net debt was $16.59B. Updated 2025 AFFO guidance is $2,510M–$2,520M or $2.36–$2.37 per diluted share. Subsequent to quarter-end, VICI agreed to a 25-year triple-net lease for MGM Northfield Park with Clairvest at initial annual base rent of $53.0M.

MGM China (SEHK:2282) reported a record third quarter for the three months ended Sept 30, 2025, driven by Macau recovery.

Key figures: net revenue HK$8.5 billion (+17% YoY), adjusted EBITDA HK$2.4 billion (+20% YoY) and adjusted EBITDA margin 27.9%. Macau daily visitors averaged 113,614 (+14% YoY, +5% vs 2019). Industry GGR per day rose 13% YoY to MOP680 million; third-quarter GGR recovered to 88% of 2019. Property highlights: MGM COTAI revenue HK$5.1B (+22%), adjusted EBITDA HK$1.5B (+23%); MGM MACAU revenue HK$3.4B (+12%), adjusted EBITDA HK$914M (+14%). Group liquidity was ~HK$22.3B as of Sept 30, 2025.

MGM Resorts (NYSE: MGM) reported 3Q25 results: consolidated net revenue $4.3B (+2% YoY) and Consolidated Adjusted EBITDA of $506M. The company recorded a $256M non-cash goodwill impairment$285M, driving diluted loss per share of $1.05 and Adjusted EPS $0.24.

Segment highlights: MGM China net revenues rose 17% to $1.1B with Segment Adjusted EBITDAR +20%; Las Vegas Strip net revenues fell 7% to $2.0B and Segment Adjusted EBITDAR fell 18%; BetMGM North America reported strong revenue/EBITDA growth and expects a cash distribution to MGM of at least $100M by year-end. The company announced sale of MGM Northfield Park operations for $546M and a $300M yen‑denominated credit facility at ~2.5%.