Mgm Resorts Stock Price, News & Analysis

MGM Resorts International (NYSE: MGM) and Playtech have expanded their "Live from Vegas" offering by launching Family Feud, the first interactive game show broadcast live from a Las Vegas casino floor. The game show, streamed from a studio at MGM Grand, joins existing live dealer table games including blackjack, roulette, and baccarat.

The launch represents the second phase of MGM and Playtech's strategic partnership, following their successful June 2024 introduction of live dealer games at MGM Grand and Bellagio. The new Family Feud adaptation, licensed from Fremantle, features authentic survey questions from the official franchise and is available to operators in regulated markets outside the U.S.

BetMGM (GMVHY) has launched its first major corporate brand repositioning with the new "Make it Legendary" campaign, featuring Emmy and Golden Globe Award-winning actor Jon Hamm as brand ambassador. The campaign, developed in collaboration with ad agency Highdive, showcases BetMGM's entertainment ecosystem and Las Vegas-inspired hospitality.

The campaign will debut on August 30, 2025, during college football games, with six new spots rolling out across multiple channels including TV, social, digital, and out-of-home advertising. The spots, directed by award-winning director Noam Murro, emphasize BetMGM's commitment to elevated experiences and responsible gaming through its GameSense program.

MGM Resorts International (NYSE: MGM) announced its participation in the upcoming BofA Securities 2025 Gaming and Lodging Conference. The company's management will present on Thursday, September 4, 2025, at 10:40 a.m. ET.

The presentation will be accessible via live webcast through the Events & Presentation section of MGM's Investor Relations website. MGM Resorts operates 31 unique hotel and gaming destinations globally and maintains a 50/50 venture, BetMGM, LLC, for sports betting and online gaming in North America. The company is also pursuing expansion in Asia through an integrated resort development in Japan.

BetMGM (OTC:GMVHY) has announced a major upgrade to its mobile sports betting app ahead of the football season, introducing several innovative features designed to enhance user experience. The revamped app offers faster navigation, an improved parlay builder, and live same-game parlays for professional football.

Key enhancements include a redesigned rewards dashboard, advanced betting insights powered by GTG Network, and real-time bet tracking on Apple devices. The app now features a dark theme and seamless integration with BetMGM Rewards Points system. The company maintains its commitment to responsible gaming through GameSense integration and various responsible gambling tools.

MGM Resorts International (NYSE: MGM) has announced that London's acclaimed Two Michelin-starred restaurant Gymkhana will open its first U.S. location at ARIA Resort & Casino in Las Vegas this fall. The restaurant, founded by the Sethi siblings of JKS Restaurants, will bring sophisticated Indian cuisine featuring tandoor-grilled specialties, regional curries, biryanis, and chaat-style sharing plates.

The Las Vegas location will feature Gymkhana's signature dishes alongside exclusive new offerings and Indian-inspired cocktails. This expansion marks a significant addition to ARIA's culinary portfolio and represents JKS Restaurants' entry into the Las Vegas market, following their planned opening of Ambassadors Clubhouse in New York City.

MGM China (OTC:MCHVY) reported strong Q2 2025 financial results, achieving record-high quarterly performance. The company posted net revenue of HK$8.7 billion (up from HK$8.0 billion in Q2 2024) and adjusted EBITDA of HK$2.5 billion with a 29.0% margin. Their market share increased to 16.6% from 16.0% year-over-year.

The company saw significant growth with daily GGR increasing 12% year-over-year to MOP111.2 million. Property visitation grew by 12% year-over-year, reaching 175% of 2019 pre-COVID levels. The Group maintained strong liquidity of HK$22.5 billion and achieved 94.5% average occupancy. Notable developments include the completion of Alpha Villas at MGM MACAU and the success of their residency show "Macau 2049."

[ "Record high quarterly adjusted EBITDA, up 6.1% quarter-over-quarter", "Market share increased to 16.6% from 16.0% year-over-year", "Net revenue grew to HK$8.7 billion, up 8.4% quarter-over-quarter", "Daily GGR increased 12% year-over-year to MOP111.2 million", "Property visitation grew 12% year-over-year, reaching 175% of 2019 levels", "Strong liquidity position of HK$22.5 billion", "High average occupancy rate of 94.5%" ]

MGM Resorts (NYSE:MGM) reported record second quarter 2025 results, with consolidated net revenues reaching $4.4 billion, up 2% year-over-year. Net income was $49 million ($0.18 per share), down from $187 million in 2Q24, primarily due to foreign currency losses.

Key highlights include record Regional Operations revenues, all-time record MGM China Segment Adjusted EBITDAR with 16.6% market share, and strong BetMGM performance. The company continued its aggressive share repurchase program, buying back 8 million shares for $217 million in Q2, having reduced shares outstanding by 45% since early 2021.

Las Vegas Strip operations saw a 4% revenue decline to $2.1 billion, while Regional Operations revenue grew 4% to $965 million. MGM China revenue increased 9% to $1.1 billion. The company remains on track to implement over $150 million in EBITDA enhancements within the year.

MGM Resorts (NYSE: MGM) has announced an impressive lineup of celebrity chefs for its exclusive Bellagio Fountain Club during the 2025 Formula 1 Heineken Las Vegas Grand Prix, scheduled for November 20-22. New culinary stars Tom Colicchio, Antonia Lofaso, and Brooke Williamson will join returning favorites including José Andres, David Chang, and Wolfgang Puck.

The VIP experience will feature these renowned chefs personally preparing signature dishes for guests, offering front-row views of the race alongside the iconic Bellagio Fountains. The exclusive venue will also include electric nightlife experiences, specialty wines, and signature cocktails curated by award-winning mixologists and sommeliers.

BetMGM (GMVHY) reported strong growth in Q2/1H 2025, with Q2 Net Revenue up 36% YoY to $692 million and EBITDA of $86 million (up $78 million YoY). The company's 1H 2025 performance showed Net Revenue of $1.35 billion (+35% YoY) and EBITDA of $109 million (up $232 million YoY).

The growth was driven by strong performance in both segments: iGaming revenue grew 29% to $449 million in Q2, while Online Sports revenue increased 56% to $228 million. The company maintained a 14% GGR market share with iGaming at 22% and Online Sports at 8%.

Based on strong performance, BetMGM increased FY2025 guidance to Net Revenue of at least $2.7 billion and EBITDA of at least $150 million, expressing confidence in reaching $500 million EBITDA in coming years.