Welcome to our dedicated page for Mgm Resorts news (Ticker: MGM), a resource for investors and traders seeking the latest updates and insights on Mgm Resorts stock.
MGM Resorts International reports developments across its integrated resort, casino, digital gaming, and hospitality operations. Recurring updates cover Las Vegas Strip Resorts, Regional Operations, MGM China in Macau, MGM Digital, and the BetMGM North America venture for sports betting and iGaming. News also includes quarterly operating results, guest-experience investments at MGM MACAU and MGM COTAI, brand partnerships, and capital-allocation actions.
Company announcements also document portfolio changes such as the completed sale of MGM Northfield Park operations and related lease amendments tied to the company’s regional casino footprint.
MGM Resorts (NYSE:MGM) will host the inaugural Drink Las Vegas festival on September 24–27, 2026 across more than 30 venues at ARIA, Bellagio, The Cosmopolitan of Las Vegas and Park MGM.
The event features celebrity chefs, top bartenders, sommeliers, VIP tastings, panels and charity support for Keep Memory Alive. Tickets and VIP passes are on sale for guests 21+.
BetMGM (NYSE:MGM) partnership with Fremantle produced the largest single-game win in The Price Is Right daytime history: contestant Vanesa won more than $240,000 on May 8, 2026, surpassing the prior single-game record of $210,000.
"The Lion's Share," the first custom-branded pricing game, debuted in September 2025 and offers up to $500,000 in cash, cars, trips, and prizes. The multi-year BetMGM–Fremantle agreement, announced January 2025, includes IP rights for online slots, table games and non-traditional casino games tied to The Price Is Right and Family Feud.
MGM (HKEx:2282) reported Q1 2026 results: net revenue HK$8.8 billion (+10% YoY) and adjusted EBITDA HK$2.5 billion (+4% YoY) with a 28.0% adjusted EBITDA margin. Daily mass GGR rose 19% YoY to a historical high, while Macau visitor arrivals averaged 124,599 (up 14% YoY). Liquidity approximately HK$25 billion.
By property: MGM COTAI revenue HK$5.3 billion; MGM MACAU revenue HK$3.4 billion. Management highlighted product upgrades and dining expansion in Macau.
VICI Properties (NYSE: VICI) reported Q1 2026 results: total revenues of $1.0 billion (+3.5% YoY), net income attributable to common stockholders of $872.4 million (+60.5% YoY) and AFFO of $650.9 million (+5.7% YoY; $0.61 per diluted share).
Key actions: expanded a $1.5 billion mezzanine loan for One Beverly Hills, pending CAD$200.6 million (USD$144.4M) Gamehost real estate acquisition, expected closing of a $1.16 billion Golden Entertainment property acquisition, raised 2026 AFFO guidance to $2,665–2,695 million ($2.44–$2.47 per diluted share).
MGM Resorts (NYSE: MGM) reported 1Q 2026 results: consolidated net revenues of $4.5 billion (+4%), net income attributable to MGM Resorts of $125 million, and Consolidated Adjusted EBITDA of $580 million. The company closed the sale of MGM Northfield Park operations for $546 million and repurchased ~2 million shares for $90 million.
Notable segment performance included MGM Digital revenue of $183 million (+43%) and BetMGM showing positive operating income in the quarter. Remaining repurchase availability was approximately $1.5 billion as of March 31, 2026.
MGM Resorts (NYSE: MGM) closed the sale of operations of MGM Northfield Park to Clairvest-managed private equity funds for $546 million in cash on April 21, 2026.
The property reported Adjusted EBITDAR of approximately $142 million for the year ended Dec 31, 2025. MGM amended its master lease with VICI to reduce annual rent by $53 million and expects net cash proceeds after taxes and transaction costs of about $420 million.
VICI Properties (NYSE: VICI) entered a new triple-net lease with an affiliate of funds managed by Clairvest for MGM Northfield Park in Northfield, OH, effective at closing on April 21, 2026.
The Northfield Park Lease sets initial annual base rent at $53.0 million, a 25-year term with three 10-year renewal options, annual 2.0% escalators (CPI-based adjustments begin in 2032, capped at 3.0%), a 1.0% minimum capital expenditure requirement, and a Clairvest affiliate guaranty. VICI also amended the MGM master lease, reducing MGM base rent by $53.0 million with no change to aggregate rent collected.
Tito’s Handmade Vodka is the new official venue sponsor of T-Mobile Arena in a multi-year agreement announced April 15, 2026. The partnership creates The 1997 Lounge, branded hospitality, fan activations, digital storytelling, and annual community programs including a charitable donation to Las Vegas.
BetMGM (NYSE: MGM) reported Q1 2026 Net Revenue of $696 million (up 6% YoY) and Adjusted EBITDA of $25 million (up 11% YoY). iGaming Net Revenue rose 9% to $481 million while Online Sports Net Revenue increased 4% to $203 million. Average Monthly Actives declined, reflecting disciplined player management.
The company reiterated FY 2026 Adjusted EBITDA guidance of $300–$350 million (now expected toward the lower end) and narrowed FY Net Revenue to $2.9–$3.1 billion.
BetMGM (MGM) will release a business update for the period January 1–March 31, 2026 on April 14, 2026 at 7:00am ET. Management will host a live webcast and investor Q&A at 9:00am ET the same day. Registration and dial-in details are available via BetMGM investor communications.
Related upcoming dates: Entain 1Q 2026 results on April 16, 2026 and MGM Resorts 1Q 2026 earnings on April 29, 2026.