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 (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.
MGM Resorts (NYSE:MGM) will host the inaugural Drink Las Vegas festival on September 24–27, 2026 across more than 30 venues at ARIA, Bellagio, The Cosmopolitan of Las Vegas and Park MGM.
The event features celebrity chefs, top bartenders, sommeliers, VIP tastings, panels and charity support for Keep Memory Alive. Tickets and VIP passes are on sale for guests 21+.
BetMGM (NYSE:MGM) partnership with Fremantle produced the largest single-game win in The Price Is Right daytime history: contestant Vanesa won more than $240,000 on May 8, 2026, surpassing the prior single-game record of $210,000.
"The Lion's Share," the first custom-branded pricing game, debuted in September 2025 and offers up to $500,000 in cash, cars, trips, and prizes. The multi-year BetMGM–Fremantle agreement, announced January 2025, includes IP rights for online slots, table games and non-traditional casino games tied to The Price Is Right and Family Feud.
MGM (HKEx:2282) reported Q1 2026 results: net revenue HK$8.8 billion (+10% YoY) and adjusted EBITDA HK$2.5 billion (+4% YoY) with a 28.0% adjusted EBITDA margin. Daily mass GGR rose 19% YoY to a historical high, while Macau visitor arrivals averaged 124,599 (up 14% YoY). Liquidity approximately HK$25 billion.
By property: MGM COTAI revenue HK$5.3 billion; MGM MACAU revenue HK$3.4 billion. Management highlighted product upgrades and dining expansion in Macau.
VICI Properties (NYSE: VICI) reported Q1 2026 results: total revenues of $1.0 billion (+3.5% YoY), net income attributable to common stockholders of $872.4 million (+60.5% YoY) and AFFO of $650.9 million (+5.7% YoY; $0.61 per diluted share).
Key actions: expanded a $1.5 billion mezzanine loan for One Beverly Hills, pending CAD$200.6 million (USD$144.4M) Gamehost real estate acquisition, expected closing of a $1.16 billion Golden Entertainment property acquisition, raised 2026 AFFO guidance to $2,665–2,695 million ($2.44–$2.47 per diluted share).
MGM Resorts (NYSE: MGM) reported 1Q 2026 results: consolidated net revenues of $4.5 billion (+4%), net income attributable to MGM Resorts of $125 million, and Consolidated Adjusted EBITDA of $580 million. The company closed the sale of MGM Northfield Park operations for $546 million and repurchased ~2 million shares for $90 million.
Notable segment performance included MGM Digital revenue of $183 million (+43%) and BetMGM showing positive operating income in the quarter. Remaining repurchase availability was approximately $1.5 billion as of March 31, 2026.
VICI Properties (NYSE: VICI) entered a new triple-net lease with an affiliate of funds managed by Clairvest for MGM Northfield Park in Northfield, OH, effective at closing on April 21, 2026.
The Northfield Park Lease sets initial annual base rent at $53.0 million, a 25-year term with three 10-year renewal options, annual 2.0% escalators (CPI-based adjustments begin in 2032, capped at 3.0%), a 1.0% minimum capital expenditure requirement, and a Clairvest affiliate guaranty. VICI also amended the MGM master lease, reducing MGM base rent by $53.0 million with no change to aggregate rent collected.
MGM Resorts (NYSE: MGM) closed the sale of operations of MGM Northfield Park to Clairvest-managed private equity funds for $546 million in cash on April 21, 2026.
The property reported Adjusted EBITDAR of approximately $142 million for the year ended Dec 31, 2025. MGM amended its master lease with VICI to reduce annual rent by $53 million and expects net cash proceeds after taxes and transaction costs of about $420 million.