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.
BetMGM (joint venture of MGM (NYSE:MGM) and Entain) reported Q2 2026 Net Revenue of $711 million, up 3% YoY, with iGaming Net Revenue of $483 million (+8% YoY) and Online Sports Net Revenue of $228 million (flat YoY). Adjusted EBITDA was $74 million, down 15% YoY. H1 2026 Net Revenue reached $1.4 billion (+4% YoY) and Adjusted EBITDA $99 million (-9% YoY). Average Monthly Actives declined 3% in Q2 and 6% in H1, while NGR per Active and Handle per Active increased across products. BetMGM holds a reported 13% GGR market share in active markets (20% iGaming, 8% Online Sports). The company reiterated FY 2026 Net Revenue guidance of $2.9–$3.1 billion and Adjusted EBITDA of $300–$350 million, now expected toward the lower end, and indicated its $500 million Adjusted EBITDA target will likely be achieved beyond 2027.
MGM (NYSE:MGM)-backed BetMGM and Marriott Bonvoy are relaunching the Vegas Fantasy Draft sweepstakes, sending one winner and 11 guests to Las Vegas for a fantasy football draft weekend hosted by actor and comedian Rob Riggle at the BetMGM Sportsbook in ARIA Resort & Casino.
The prize includes a two-night stay at The Cosmopolitan of Las Vegas, round-trip flights for up to 12 guests, and a $4,000 MGM Resorts credit. Entry runs through Friday, July 31 via the BetMGM app, with one entry per $10 in qualifying wagers (up to 25 entries) for members who link their BetMGM and Marriott Bonvoy accounts.
BetMGM, the sports betting and iGaming joint venture of MGM Resorts (NYSE: MGM) and Entain, will release its 2Q 2026 business update for the period April 1–June 30, 2026 on Tuesday, July 28, 2026. Management will host an audio webcast with Q&A at 9:00am ET / 6:00am PT / 2:00pm UK, with registration links and details available via BetMGM’s investor communications website.
The announcement also highlights upcoming related events: MGM Resorts’ 2Q 2026 earnings on July 29, 2026 and Entain’s 1H 2026 results on August 13, 2026.
MGM Resorts (NYSE:MGM) will release its Q2 2026 earnings after market close on Wednesday, July 29, 2026. Management will host a conference call at 5:00 p.m. Eastern Time, with supplemental slides available on the investor relations website and replay access through August 5, 2026.
MGM Resorts (NYSE:MGM) and BetMGM renewed their multi-year partnerships with Major League Baseball, first established in 2018. MGM remains MLB’s exclusive Integrated Resort & Casino Partner, while BetMGM continues as an Official Gaming and Sports Betting Partner across MLB media and digital platforms in the U.S. and Canada.
The renewal supports MLB events such as Awards Week in Las Vegas and All-Star Week, expands co-branded MLB-themed casino games on BetMGM Casino, and highlights responsible gaming initiatives including GameSense and BetMGM’s anti-athlete harassment policy. The companies also keep partnerships with multiple MLB clubs.
MGM (NYSE:MGM) is promoting a season-long slate of summer offerings in Las Vegas, including travel deals, sports viewing, fireworks and entertainment across its Strip properties.
Highlights include an all-inclusive vacation package starting at $330, Semi-Annual Summer Sale discounts, world soccer watch parties, SHE Weekend, UFC 329 and America250 fireworks.
BetMGM (powered by MGM, NYSE:MGM) announced a major 2026 World's Game promotion. Eligible customers placing a $5+ pre-match wager on U.S. men's national team games can share $500,000 in bonus bets per U.S. goal, with bonus bets expiring in seven days.
Additional offerings include Tim Howard-branded casino and free-to-play games, a daily Penalty Kick Shootout, collaboration with Marriott Bonvoy on a New York City sweepstakes, more than 300 betting markets per match, expanded in-app features, and watch parties at retail sportsbooks. Responsible gambling tools, including GameSense, remain a core focus.
BetMGM (NYSE:MGM) and Marriott Bonvoy launched the World's Game Sweepstakes, sending 10 grand prize winners and guests to New York City for VIP access to the SI Beyond the Pitch party on July 18, 2026.
Entrants must link accounts, opt in, and wager at least $10 by June 21, 2026, to earn entries and receive Marriott Bonvoy points.
MGM Resorts (NYSE: MGM) confirmed receiving an acquisition proposal from People Incorporated (formerly IAC) to buy all MGM shares it does not already own for $48.30 per share in cash.
The board will review the offer with advisors; there is no assurance any transaction will occur, and shareholders are advised not to take action now.
People Incorporated (NASDAQ:IAC) submitted a non-binding proposal to acquire all outstanding shares of MGM Resorts (NYSE:MGM) it does not already own for $48.30 per share in cash.
The offer implies premiums of 24.1% to the 30-day VWAP, 30%+ to the 90-day VWAP, and 10.6% to the latest close. People Incorporated currently owns 26.1% of MGM and expects to fund the deal using existing cash plus new debt and equity, targeting just over 50.1% post-closing ownership, subject to due diligence, financing and regulatory approvals.