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 (MGM) is a global leader in gaming, hospitality, and entertainment, operating iconic destinations like Bellagio and MGM Grand. This page provides investors and industry professionals with a centralized source for official announcements, financial updates, and strategic developments.
Access real-time press releases covering earnings reports, property expansions, leadership changes, and partnerships. Stay informed about regulatory developments, sustainability initiatives, and innovations like BetMGM’s digital gaming platform. Our curated feed ensures you never miss critical updates affecting market performance.
Key content includes quarterly financial disclosures, merger/acquisition alerts, and operational milestones across MGM’s global resorts. Bookmark this page for streamlined tracking of corporate governance changes, dividend announcements, and consumer trend adaptations in the evolving leisure sector.
BetMGM, a top sports betting and digital gaming company, has signed MMA journalist Ariel Helwani as a brand ambassador. Helwani will incorporate BetMGM into his promotional content and participate in marketing campaigns and fan events. His influence in the MMA community aligns with BetMGM's expansion in sports betting across various states. The company continues to prioritize responsible gaming education while growing its market presence. BetMGM, a collaboration between MGM Resorts and Entain, offers innovative gaming solutions and maintains a focus on customer responsibility.
MGM Resorts and BetMGM have partnered with the American Gaming Association (AGA) for the 'Have A Game Plan' initiative, which encourages responsible sports wagering. This collaboration coincides with the AGA's Responsible Gaming Education Week. The companies will utilize social media and their platforms to disseminate responsible gaming tips year-round. Richard Taylor, BetMGM's Responsible Gambling Program Manager, highlighted their commitment through GameSense, an industry-leading program to promote safe gambling practices. This initiative underscores MGM Resorts and BetMGM's dedication to responsible gaming education as they expand their sports betting operations.
MGM Resorts International is aware of DraftKings' potential offer for Entain plc. As Entain's exclusive U.S. online sports betting partner via BetMGM, MGM asserts that any competing business ownership by Entain will require its consent. MGM emphasizes the importance of maintaining control over BetMGM to capture growth in the U.S. online market. The company intends to engage with both Entain and DraftKings to address exclusivity arrangements. PJT Partners is advising MGM in this matter.
Everi Digital, the online gaming division of Everi Holdings, has partnered with BetMGM to introduce the custom-themed game Borgata 777 Respin. This title is accessible via BetMGM Casino and Borgata Casino in New Jersey and Pennsylvania. It features a re-spin bonus and various multipliers, enhancing player engagement. David Lucchese, Everi's EVP, emphasized the collaboration's aim to deliver vibrant gaming experiences. This marks Everi's first partnership game with BetMGM, adding to their digital content portfolio.
MGM Resorts International (NYSE: MGM) will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on September 13, 2021. CEO Bill Hornbuckle is set to speak at 11:15 a.m. Eastern Time. Investors can access a live webcast of the session on the MGM Investor Relations website. MGM Resorts is recognized as an S&P 500 global entertainment company, known for its luxury hotels, casinos, and entertainment venues. The company is also actively expanding in Asia, particularly in Japan, through integrated resort opportunities.
BetMGM has launched its digital sports betting platform in Arizona, marking the 15th market for its mobile and online offerings. With strategic partnerships with Gila River Hotels & Casinos and the Arizona Cardinals, BetMGM aims to enhance the betting experience for Arizona customers. Upcoming BetMGM Sportsbooks will be established in Gila River's locations and State Farm Stadium. The user-friendly BetMGM app allows for customizable wagers and integrates with MGM Resorts' M life Rewards program. BetMGM emphasizes its commitment to responsible gaming as it expands its services.
MGM Resorts International (NYSE: MGM) will participate in the virtual Bank of America Securities 2021 Gaming and Lodging Conference on September 9, 2021. CFO Jonathan Halkyard is scheduled to speak at 4:30 p.m. ET. Investors can view the session through a live webcast on the MGM Investor Relations website.
MGM Resorts operates globally with 31 hotel and gaming destinations, recognized for delivering exceptional entertainment experiences. The company is also pursuing expansion in Asia, particularly Japan.
BetMGM has partnered with TAPPP to introduce gift cards available at major grocery and convenience stores in select U.S. states. The gift cards, available in $25 and $50 denominations, aim to provide a convenient funding option for BetMGM accounts as the football season begins. With over 6,000 retail locations, this move enhances accessibility for sports bettors. The partnership aligns with BetMGM's commitment to responsible gaming, offering resources for safe play. This initiative reflects the growing demand for flexible payment options in the sports betting industry.
Casino del Mar at La Concha Resort has partnered with BetMGM to expand sports betting in Puerto Rico. This marks BetMGM's first market access agreement outside the U.S. mainland, subject to regulatory approval. Sports betting will be available both retail and online, with plans to launch a retail sportsbook and the BetMGM mobile app. Officials express this partnership's potential to enhance local tourism and the economy. BetMGM aims to provide responsible gaming resources as it grows into new markets.
BetMGM has officially launched its mobile sports betting platform in Wyoming, becoming one of the first operators in the state. This marks Wyoming as the 14th market for BetMGM ahead of the football season. CEO Adam Greenblatt expressed excitement over this expansion, highlighting its significance in extending their footprint in the West. The BetMGM app offers various betting options, integrating with MGM Resorts' M life Rewards program for customer benefits.
FAQ
What is the current stock price of Mgm Resorts (MGM)?
What is the market cap of Mgm Resorts (MGM)?
