MGM RESORTS INTERNATIONAL (MGM) Stock News

Paramount+ (PSKY) and T-Mobile Arena have entered a new multi-year partnership to rename the arena’s two-acre outdoor entertainment space as Paramount+ Plaza on the Las Vegas Strip.

The agreement, brokered by AEG Global Partnerships, makes Paramount+ an Official Partner and T-Mobile Arena’s Exclusive Streaming Partner, creating a year-round platform to showcase the streaming service’s series, films, live sports and franchises to more than 1 million annual arena visitors. Paramount+ Plaza will debut during Zuffa Boxing’s Garcia vs. Benn fight week, with a public ceremonial weigh-in on Friday, Sept. 11, and on Sept. 12 will feature the Cube lounge inspired by the series MobLand and large-screen coverage of Noche UFC streaming live on Paramount+ from Glendale, Arizona, ahead of the Garcia vs. Benn event at T-Mobile Arena.

MGM Resorts (NYSE: MGM) announced the 2026 roster for the Bellagio Fountain Club during the FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX, taking place November 19-21, 2026. The race-weekend hospitality experience overlooks the fastest stretch of the Las Vegas Strip Circuit.

The club will feature globally recognized chefs including José Andrés, David Chang, Mario Carbone, Masaharu Morimoto, Michael Mina, Jean-Georges Vongerichten, and Michael and Bryan Voltaggio, plus newcomers such as Maneet Chauhan, Rhoda Magbitang, Britt Rescigno, Eleazar Villanueva, David Nayfeld, Yoroniku, Adept Hospitality’s Sushi Bar, and acclaimed bars led by Shingo Gokan and Schmuck. Tickets are available via Ticketmaster, with further MGM Resorts event details to follow.

MGM Resorts (NYSE: MGM) and BetMGM are again partnering with the American Gaming Association to promote Responsible Gaming Education Month (RGEM 2026) in September, including a new combined contribution to responsible gaming research and support programs. Funds will support the International Center for Responsible Gaming, various state problem gambling councils and the 1-800-GAMBLER helpline, as well as the Evive Foundation’s digital tools and peer support for those impacted by gambling.

MGM Resorts and BetMGM will expand GameSense responsible gaming messaging in professional sports venues, adding T-Mobile Arena and Michelob ULTRA Arena in Las Vegas to existing NFL and MLB locations. The companies report more than 3,000 certified GameSense Advisors across over 45 departments, ongoing company-wide training, targeted BetMGM customer communications, research with Carleton University, collaboration with the Nevada Council on Problem Gambling, staff education via EPIC Global Solutions, guest surveys, and a broader social media and internal messaging campaign.

BetMGM (NYSE:MGM) launched “It Happens Here,” a new football-season marketing campaign developed with creative agency CAPE and fronted by actor Jon Hamm. The campaign is the next chapter of BetMGM’s “Make It Legendary” platform and centers on the fictional Legends Lounge, an immersive environment combining elements of a sportsbook, casino, speakeasy and Las Vegas-style entertainment.

According to BetMGM, four new multi-channel spots featuring Hamm will run across TV, social, digital, out-of-home and BetMGM properties throughout the season. The Legends Lounge set was built for the shoot, with plans to extend the concept into future activations and experiences. BetMGM also highlights its presence in 31 markets and reiterates responsible gambling as a key focus, including integration of the GameSense program within its mobile and desktop platforms.

MGM Resorts (NYSE:MGM) reported that six of its Las Vegas restaurants were honored in the inaugural MICHELIN Guide Southwest, giving the company four MICHELIN Stars across three venues, the most of any Las Vegas resort operator. Joël Robuchon at MGM Grand received the Southwest region’s only Two MICHELIN Star rating, while L'Atelier de Joël Robuchon and é by José Andrés each earned One MICHELIN Star.

China Poblano by José Andrés was awarded a Bib Gourmand, and Gymkhana at ARIA plus Michael Mina Bellagio were listed as MICHELIN Selected. Joël Robuchon’s General Manager Sean Christopher also received the 2026 MICHELIN Service Award, highlighting service excellence at the flagship restaurant.

MGM (NYSE:MGM) reported that the MGM Resorts Foundation is awarding more than $4.6 million in employee- and guest-funded grants to 211 nonprofit organizations in communities where its employees live and work. Grants support charities across Nevada, Michigan, Ohio, Mississippi, New Jersey, New York, Massachusetts and the greater Washington, D.C. area.

According to MGM Resorts, 87 employee volunteers on Community Grant Councils reviewed hundreds of applications and helped direct funding to local and multi‑region nonprofits such as Shoes That Fit and Gamers Outreach.

MGM China (HKEx: 2282, majority-owned by NYSE: MGM) reported selected unaudited results for the six months ended June 30, 2026. Net revenue reached a record HK$17.4 billion, up from HK$16.7 billion, while adjusted EBITDA was HK$4.8 billion, slightly below HK$4.9 billion a year earlier.

Macau’s recovery supported performance: citywide daily visitation rose 9% and GGR 7% year-on-year. MGM China’s daily GGR increased 5% to MOP111 million, with property visitation up 7%. The Group’s market share was about 15.9% (MGM COTAI 9.7%, MGM MACAU 6.2%), with average occupancy of 93.5%. Total liquidity stood at HK$24.7 billion.

MGM COTAI completed a suite conversion, adding nearly 60 Prime Wellness Suites, and MGM MACAU opened Chatterbox Café. MGM China received seven Forbes Travel Guide Five-Star Awards. The Group also agreed to acquire MGM Asia Pacific Limited, which owns MGM Hospitality, managing eight hotels and over 12 projects across Mainland China, and providing access to more than 1.5 million Mlife members. Renovation of about 100 suites at MGM MACAU is planned to further refine property positioning.

VICI Properties (NYSE: VICI) reported Q2 2026 total revenues of $1.1 billion, up 5.7% year-over-year. Net income attributable to common stockholders fell 39.1% to $526.5 million, or $0.48 per diluted share, largely due to a $413.1 million aggregate change in the CECL allowance. AFFO attributable to common stockholders rose 7.8% to $679.6 million, or $0.62 per share, up 4.6%.

VICI added three new tenants via a Northfield Park lease with a Clairvest affiliate, a $1.16 billion acquisition of seven Golden Entertainment Nevada casinos with an $87.0 million initial annual rent master lease, and a $20.3 million Carambola Beach Resort acquisition and $55.2 million redevelopment funding partnered with Club Med. It also acquired the C$200.6 million Gamehost Portfolio in Alberta, increasing PURE Master Lease rent by C$16.1 million. The company ended the quarter with $17.2 billion of total debt, $288.1 million in cash, liquidity of about $2.5 billion, paid a $0.45 dividend (c. $495.3 million), and updated 2026 AFFO guidance to $2,675–$2,695 million, or $2.45–$2.47 per share.

MGM Resorts (NYSE: MGM) reported record Q2 2026 consolidated revenue of $4.5 billion, up 1% year over year, with net income attributable to MGM rising to $292 million from $49 million. Diluted EPS was $1.11, while Adjusted EPS was $0.59 versus $0.79 a year ago, and Consolidated Adjusted EBITDA was $610 million compared with $648 million.

Las Vegas Strip Resorts revenue grew 3% to $2.2 billion and Segment Adjusted EBITDAR also increased 3% to $735 million. Regional Operations same-store revenue rose 3% but Segment Adjusted EBITDAR fell 9% to $280 million. MGM China revenue was about $1.1 billion with Segment Adjusted EBITDAR down to $257 million. MGM Digital revenue increased 20% to $196 million with a Segment Adjusted EBITDAR loss of $31 million. The company repurchased about 4 million shares for $164 million, leaving $1.4 billion authorized under its April 2025 plan, and continues to invest in the planned MGM Osaka resort targeted to open in 2030.