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MGM Resorts International - $MGM STOCK NEWS

Welcome to our dedicated page for MGM Resorts International news (Ticker: $MGM), a resource for investors and traders seeking the latest updates and insights on MGM Resorts International stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MGM Resorts International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MGM Resorts International's position in the market.

Rhea-AI Summary
Global superstar Bruno Mars debuts The Pinky Ring, a new entertainment lounge in Las Vegas, with an exclusive party and performance featuring celebrity guests like Janelle Monáe, Lady Gaga, and Babyface. The venue promises a glamorous experience curated by Bruno Mars himself.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
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none
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Rhea-AI Summary
BetMGM partners with a major social media platform to integrate live sports betting odds, expanding reach to engaged audience. Users can access betting odds on pro football with plans to include other sports. The partnership aims to enhance user experience and promote responsible gaming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
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partnership
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Rhea-AI Summary
BetMGM, LLC reported a strong financial performance for FY 2023, with a 36% year-over-year growth in net revenue from operations, reaching $1.96 billion. The company achieved positive EBITDA in the second half of 2023. It also expanded its presence in four new markets and secured market access with Charlotte Motor Speedway. BetMGM was recognized as Digital Operator of the Year and Online Casino of the Year, among other awards. The company aims to target approximately $500 million of EBITDA in 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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none
News
Rhea-AI Summary
BetMGM, LLC, a leading sports betting and iGaming operator in the U.S., jointly owned by MGM Resorts International and Entain plc, will release an update on its FY 2023 performance. The update will be released on February 8, 2024. MGM Resorts International and Entain Group will also release their Q4 and FY 2023 results on February 13th and March 7th, 2024, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
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Rhea-AI Summary
BetMGM launches newly designed mobile sports betting app in Las Vegas, offering expanded prop and parlay wager options, live streaming, digital deposits and withdrawals, and rewards connectivity. The app also features Same-Game Parlay+ and integrates responsible gambling education. BetMGM operates in 28 markets with mobile and retail offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
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none
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Rhea-AI Summary
BetMGM, a leading sports betting and iGaming operator, has debuted a star-studded teaser campaign featuring Tom Brady, Wayne Gretzky, and Vince Vaughn for their first-ever Big Game television spot. The campaign aims to put BetMGM front and center during the Big Game and showcases Las Vegas as the company's home. The ads are part of a broader strategy to amplify the brand to various audiences, including hosting events and promotions leading up to the Big Game. BetMGM also emphasizes responsible gambling education as a key focus, providing resources to help customers play responsibly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.53%
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none
Rhea-AI Summary
BetMGM (BETM) to Host Big Game Bash Concert Headlined by Luke Combs at The Cosmopolitan of Las Vegas
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
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Rhea-AI Summary
MGM Resorts International (MGM) will release its financial results for the fourth quarter and full year 2023 after the market closes on Tuesday, February 13, 2024. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results and conduct a question and answer session. Supplemental slides will be available on MGM's Investor Relations website. The call can be accessed via the Internet or by phone, with a replay available through February 20, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
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Rhea-AI Summary
MGM Resorts International (NYSE: MGM) donates $360,000 to the International Center for Responsible Gaming (ICRG) to support 2-year research projects addressing potential risks associated with gambling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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none
Rhea-AI Summary
BetMGM (BETM) extends multi-year partnership with the NHL to feature League and team-branded casino games, VIP fan experiences, and sponsored branding in national broadcasts
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
partnership
MGM Resorts International

NYSE:MGM

MGM Rankings

MGM Stock Data

13.03B
251.50M
21.21%
69.15%
4.23%
Casino Hotels
Accommodation and Food Services
Link
United States of America
LAS VEGAS

About MGM

the resorts and casinos of mgm resorts international™ are some of the most famous in the world. our 23 destinations are renowned for their winning combination of quality entertainment, luxurious facilities and exceptional customer service. we are actively expanding our presence globally, with potential developments in a number of domestic and international markets. at mgm resorts international, we are all striving together to deliver an enticing blend of entertainment to every corner of the world. many of our resorts are located in las vegas. las vegas features three of the largest convention centers in the u.s., spectacular entertainment, attractions, shopping and world-famous resorts. whether dancing fountains, incredible stage productions, casino action, museums or natural attractions such as lake mead, vegas offers something for everyone. a stroll down our streets takes you around the globe, with recreations like climbing to the top of the eiffel tower or taking a venetian gondola