Mgm Resorts (MGM) Stock News

MGM Resorts International (NYSE: MGM) will announce its third-quarter 2022 financial results on November 2, 2022, after market close. A conference call is scheduled for 5 p.m. EDT that day, where executives will discuss the results and answer questions. Investors can access supplemental slides on MGM's Investor Relations website prior to the call. The replay of the call will be available until November 9, 2022. MGM Resorts operates globally, focusing on entertainment, hotels, and online gaming, including BetMGM, and is pursuing further expansion in Asia.

ExteNet Systems has partnered with MGM Resorts International to implement the largest in-building cellular enhancement project in the US. The project, covering 25 MGM properties and 54 million square feet, aims to improve mobile connectivity for nearly 200,000 visitors daily by deploying advanced 5G technology. Completion is expected between fall 2022 and fall 2024, ahead of major events like the Formula One World Championship in November 2023 and Super Bowl LVIII in February 2024. This collaboration emphasizes MGM's commitment to enhancing guest experiences through reliable connectivity.

Maroon 5 will launch a new residency titled M5LV The Residency at Dolby Live at Park MGM in Las Vegas, beginning March 24, 2023. Tickets go on sale to the public on October 3, 2022, with pre-sale options available from September 28 and for MGM Rewards members from September 30. The residency is presented by Live Nation and MGM Resorts International and is designed for an intimate concert experience in a 5,200-seat venue. Maroon 5 has sold over 90 million albums and is among the top streaming groups on Spotify.

BetMGM has appointed Vanessa Hudgens as its new celebrity brand ambassador to enhance its marketing efforts across iGaming and Casino platforms. Known for her role in High School Musical, Hudgens aims to engage diverse audiences through innovative promotional strategies. BetMGM, a prominent name in sports betting and gaming, focuses on responsible gaming and offers resources like GameSense to assist players. This partnership is set against the backdrop of BetMGM's continued expansion into new markets.

The largest online gaming operators in the U.S. have established the first industry-led responsible gaming standards through a 12-point pledge aimed at promoting responsible online gaming. This initiative coincides with Responsible Gaming Education Month as designated by the American Gaming Association. Key participants include Bally's, BetMGM, DraftKings, Entain, FanDuel, and MGM Resorts International. The principles focus on preventing underage gaming, promoting informed choices, and fostering a responsible gaming culture. Operators will also collaborate with policymakers and experts to address problem gaming effectively.

BetMGM has partnered with NBC Sports for the 2022 NFL season, integrating betting insights into shows like Football Night in America. The collaboration features segments hosted by Chris Simms and Matthew Berry, providing real-time betting odds and analysis. NBC's digital platforms will also highlight BetMGM's odds in various content. This partnership aims to engage football fans and expand BetMGM's market presence while promoting responsible gaming through GameSense. Both companies anticipate strong viewer engagement and innovative activation opportunities.

ARIA Resort & Casino in Las Vegas is set to host Proper Eats, an elevated food hall opening in early winter, developed by Clique Hospitality. The venue will cover 24,000 square feet and feature 12 unique culinary concepts, including the first Wexler's Deli outside of Los Angeles and London's Seoul Bird. The design, crafted by Alessandro Munge, aims to create a vibrant dining experience. Clique Hospitality, known for its diverse dining portfolio in San Diego and Las Vegas, continues to enhance the local culinary scene with this new venture.

MGM Resorts International (NYSE: MGM) will participate in the Deutsche Bank Leveraged Finance Conference on September 20, 2022. CFO Jonathan Halkyard is scheduled to speak at 3:35 p.m. PDT. The session will be available via webcast on MGM's Investor Relations website. MGM Resorts is a global entertainment company, featuring hotels and casinos worldwide, and is recognized as one of FORTUNE® Magazine's World's Most Admired Companies. It operates 33 unique destinations and is pursuing expansion into Asia, particularly Japan.

AEG has promoted Sally Bae to Senior Vice President of Global Partnerships, overseeing revenue and strategic sales growth for T-Mobile Arena and MGM Grand Garden Arena in Las Vegas. Bae, who previously served as VP of Partnership Sales and Service, will manage long-term partnerships, premium inventory, and a growing sales team. Her past achievements include selling out premium seating for T-Mobile Arena in its first year. Bae’s experience includes generating over $550M in gross sales within a four-year period in Los Angeles.