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 (NYSE: MGM) is an S&P 500 global gaming and entertainment company whose news flow spans casino operations, hospitality, digital gaming and corporate finance. News releases from MGM Resorts and its affiliates highlight developments across its portfolio of 31 hotel and gaming destinations, as well as its sports betting and online gaming ventures.
Investors and followers of MGM news can expect regular updates on financing and capital markets activity, such as public offerings of senior notes and new secured credit agreements disclosed via press releases and 8-K filings. These items provide insight into how the company manages its balance sheet, refinances existing indebtedness and funds long-term projects, including international initiatives.
MGM Resorts news also covers corporate governance and leadership, including executive employment agreements, amendments, and transitions for senior officers. Such announcements, often filed on Form 8-K, outline compensation structures, equity incentives, and changes in responsibilities for key executives involved in finance, operations and digital strategy.
From an operational standpoint, MGM-related news features property and brand developments, including rebranding of hotel concepts, new restaurant openings at resorts like ARIA, and branding agreements with MGM China. These stories illustrate how the company refreshes its offerings on the Las Vegas Strip and other locations, and how it leverages the MGM brand in international markets.
Another recurring theme is responsible gaming and digital wagering. Releases describe milestones in the GameSense responsible gaming program, BetMGM’s responsible gambling campaigns, and partnerships that extend BetMGM-branded retail and online sportsbooks through agreements with other casino operators. Together, these updates provide a view into MGM Resorts’ approach to combining entertainment, gaming and player protection.
For those tracking MGM (MGM) news, this page aggregates company press releases, affiliate announcements and regulatory disclosures, offering a centralized view of developments affecting its resorts, digital platforms and capital structure.
MGM Grand (NYSE:MGM) completed a $300 million remodel of its main tower, delivering an all-new collection of 3,969 rooms and suites that are now bookable as of Nov. 13, 2025. The redesign by Gensler and MGM Resorts Design & Development mixes disco-era-inspired finishes with modern amenities including spa-like walk-in showers, illuminated closets, blackout drapery, wall-mounted Smart TVs and upgraded minibars.
An additional 111 suites were added, bringing the suite total to 753, with sizes from 675 to 1,784 sq ft. The relaunch complements new dining and entertainment offerings across the resort.
MGM Resorts (NYSE: MGM) will host the 15th Annual USO Experience: Salute to the Troops at Mandalay Bay beginning November 14, 2025 for five days. In partnership with the USO and American Airlines, MGM will fly in and host 100+ injured active-duty service members and their families, providing accommodations, meals, entertainment and curated experiences.
Highlights include a "Wall of Gratitude" welcome procession, Hoover Dam and Red Rock tours, Shark Reef Aquarium visits, Blue Man Group tickets, and year-round veteran hiring and recognition initiatives.
Bellagio (NYSE: MGM) and Major Food Group opened CARBONE RIVIERA on November 7, 2025, a seafood-forward CARBONE concept in the former Picasso dining room overlooking the Bellagio Fountains.
The 240-seat restaurant features a whole-fish program, daily flown luxury ingredients, pasta and steak offerings, a Champagne-focused wine list, coastal cocktails, interiors by Martin Brudnizki, and a private 33-foot Riva yacht deck for select guests.
CARBONE RIVIERA is open nightly 5–11 p.m.; reservations via bellagio.com or Bellagio Concierge.
VICI Properties (NYSE:VICI) reported Q3 2025 results with total revenues of $1.0B, up 4.4% year-over-year, and net income attributable to common stockholders of $762.0M ($0.71 per diluted share), up 4.0% Y/Y. AFFO was $637.6M, up 7.4% Y/Y, and AFFO per share was $0.60, up 5.3% Y/Y. The company declared a quarterly cash dividend of $0.45 per share, a 4.0% increase, marking its 8th consecutive annual dividend increase. Cash and equivalents totaled $507.5M with $244.9M estimated forward-sale proceeds and $2.4B available on the revolving credit facility; total debt was $17.1B and net debt was $16.59B. Updated 2025 AFFO guidance is $2,510M–$2,520M or $2.36–$2.37 per diluted share. Subsequent to quarter-end, VICI agreed to a 25-year triple-net lease for MGM Northfield Park with Clairvest at initial annual base rent of $53.0M.
MGM China (SEHK:2282) reported a record third quarter for the three months ended Sept 30, 2025, driven by Macau recovery.
Key figures: net revenue HK$8.5 billion (+17% YoY), adjusted EBITDA HK$2.4 billion (+20% YoY) and adjusted EBITDA margin 27.9%. Macau daily visitors averaged 113,614 (+14% YoY, +5% vs 2019). Industry GGR per day rose 13% YoY to MOP680 million; third-quarter GGR recovered to 88% of 2019. Property highlights: MGM COTAI revenue HK$5.1B (+22%), adjusted EBITDA HK$1.5B (+23%); MGM MACAU revenue HK$3.4B (+12%), adjusted EBITDA HK$914M (+14%). Group liquidity was ~HK$22.3B as of Sept 30, 2025.
MGM Resorts (NYSE: MGM) reported 3Q25 results: consolidated net revenue $4.3B (+2% YoY) and Consolidated Adjusted EBITDA of $506M. The company recorded a $256M non-cash goodwill impairment/b) and a net loss attributable to MGM Resorts of
Segment highlights: MGM China net revenues rose 17% to $1.1B with Segment Adjusted EBITDAR +20%; Las Vegas Strip net revenues fell 7% to $2.0B and Segment Adjusted EBITDAR fell 18%; BetMGM North America reported strong revenue/EBITDA growth and expects a cash distribution to MGM of at least $100M by year-end. The company announced sale of MGM Northfield Park operations for $546M and a $300M yen‑denominated credit facility at ~2.5%.
Silver Point Capital is leading the secured financing for Clairvest Group's acquisition of the operations of MGM Northfield Park (NYSE: MGM), serving as Lead Arranger and Administrative Agent on a $546 million facility. The racino is described as the largest gaming property by revenue in Ohio and features 74,000 sq ft of gaming space, ~1,600 video lottery terminals and a half-mile racetrack. Closing and funding are expected in the first half of 2026, pending customary regulatory and licensing approvals.
Silver Point manages $41 billion in assets and its Direct Lending business manages over $16 billion; Clairvest reports CAD $4.6 billion of capital under management.
VICI Properties (NYSE: VICI) agreed to a new lease and master-lease amendment tied to the sale of MGM Northfield Park operations to a Clairvest-managed affiliate.
The Northfield Park Lease sets initial annual base rent at $53.0M (or $54.0M if closing after May 1, 2026), begins a new 25-year term with three 10-year renewal options, carries 2.0% annual escalators (with CPI linkage capped at 3.0% beginning in 2032), and requires minimum capex equal to 1.0% of annual net revenue. The lease will be guaranteed by the Clairvest affiliate. VICI will reduce MGM Master Lease rent by the same amount. Transactions are expected in H1 2026, subject to closing conditions and regulatory approvals.
MGM Resorts (NYSE: MGM) agreed to sell operations of MGM Northfield Park to private equity funds managed by Clairvest for $546 million in cash, subject to customary adjustments, with closing expected in H1 2026 pending regulatory approvals.
The price implies an approximate 6.6x multiple on LTM Adjusted EBITDA and follows LTM Adjusted EBITDAR of $137 million through June 30, 2025. MGM expects ~$420 million net cash proceeds after taxes and transaction costs and a $54 million annual rent reduction under its VICI master lease at closing.
MGM Resorts (NYSE: MGM) announced on October 14, 2025 that subsidiary MGM Yonkers withdrew its commercial casino license application in New York.
Management cited changed competitive and economic assumptions that altered return expectations on a proposed $2.3 billion renovation and expansion of Empire City Casino, plus newly issued state guidance reducing the expected license term from 30 years to 15 years. MGM said Empire City has generated more than $5 billion for New York State education, including $1.6 billion since MGM bought the property in 2019, and that it will continue operating the property in its current format.