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MGM Resorts International (NYSE: MGM) is a leading global entertainment company known for its world-renowned resorts and casinos. Operating 31 unique hotel and gaming destinations worldwide, MGM Resorts creates immersive experiences through its Las Vegas-inspired brands. With flagship properties such as MGM Grand, Bellagio, and Mandalay Bay on the Las Vegas Strip, MGM is the largest resort operator in the area, boasting 35,000 guest rooms and suites.
Recent Achievements: MGM Resorts received the prestigious 'A' for environmental leadership and an 'A-' in water security, placing it in the top 0.015% of reporting companies. The company’s dedication to sustainability is evident through its
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BetMGM named 2023 'Online Casino of the Year' by American Gambling Awards
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BetMGM to host a business update for analysts and investors on December 4, 2023.
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MGM Resorts sponsors Las Vegas Pride Parade for the 17th year, reaffirming support for LGBTQ+ community.
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BetMGM launches online mobile sports betting app in Kentucky, plans to open retail sportsbook in partnership with Revolutionary Racing in Ashland this fall.
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Pepsi Dig In's Restaurant Royalty Residency program returns to MGM Resorts International, featuring exclusive dishes from Black-owned restaurants across the country. The residency will run from September 30 to February 6 and will include six new restaurants, including Esco Restaurant & Tapas from 2 Chainz. Each participating restaurant will have a limited-edition menu item available for a three or four-week period. Pepsi Dig In aims to drive access, business growth, and awareness to Black-owned restaurants.
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MGM Resorts finalizes certification process for Osaka IR Project, partnering with ORIX Corporation. Aims to develop world-class integrated resort in Osaka, bringing best-in-class gaming, entertainment, dining, and retail experiences.
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BetMGM unveils its first UK integrated campaign featuring Chris Rock as brand ambassador. The campaign aims to drive awareness of the brand and its 'golden' offers and products, including price boosts, enhanced bonuses, and a £2m prize for predicting Premier League scores. BetMGM also highlights its responsible gambling efforts. The campaign reflects the brand's commitment to bringing a fresh and entertaining approach to the market.
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MGM Resorts identifies cybersecurity issue, takes prompt action
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BetMGM introduces new features in its sports betting app for the 2023-24 season, including a free $100,000 survivor pool and enhanced functionality with same-game parlays. The app also offers exclusive odds boosts for select team partnerships and elevated first bet offers for new users. BetMGM emphasizes responsible gambling education and provides resources to help customers play responsibly.
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Buffalo, a popular land-based casino slot, is now available at BetMGM's online casino in New Jersey. BetMGM plans to launch the game in Pennsylvania and Michigan. BetMGM is the world's first online casino to offer the Buffalo slot. Anaxi, Aristocrat's online Real Money Gaming business, reimagined the game for online play. BetMGM's online casino has over 1,500 games and awarded nearly $75 million in jackpots during the first half of 2023.
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FAQ
What is the current stock price of MGM RESORTS INTERNATIONAL (MGM)?
The current stock price of MGM RESORTS INTERNATIONAL (MGM) is $37.15 as of November 18, 2024.
What is the market cap of MGM RESORTS INTERNATIONAL (MGM)?
The market cap of MGM RESORTS INTERNATIONAL (MGM) is approximately 11.0B.
What is MGM Resorts International known for?
MGM Resorts International is known for its world-renowned resorts and casinos, luxurious facilities, and exceptional customer service.
How many properties does MGM Resorts operate?
MGM Resorts operates 31 unique hotel and gaming destinations worldwide, including flagship properties on the Las Vegas Strip.
What are some of MGM's recent achievements?
MGM recently received an 'A' for environmental leadership, launched BetMGM in the Netherlands and the UK, and redesigned the Mandalay Bay Convention Center.
Where can I find MGM’s financial performance updates?
MGM's financial results are available on their Investor Relations website. Q1 2024 results will be announced on May 1, 2024.
What is BetMGM?
BetMGM is MGM Resorts' iGaming and online sports betting brand, recently launched in the Netherlands and the UK.
What is MGM's commitment to sustainability?
Through its 'Focused on What Matters' philosophy, MGM is dedicated to sustainability, earning high grades in environmental leadership and water security.
What are MGM's expansion plans?
MGM is expanding globally, with significant projects such as a new resort in Japan by 2030 and international launches of BetMGM.
What are some of the iconic properties operated by MGM?
MGM operates iconic properties like MGM Grand, Bellagio, Mandalay Bay, and more on the Las Vegas Strip.
How does MGM contribute to the hospitality industry?
MGM enhances the hospitality industry with best-in-class hotels, state-of-the-art meetings and conference spaces, and incredible entertainment experiences.
Where can I learn more about MGM Resorts International?
For more information, visit MGM Resorts International's website at www.mgmresorts.com.
MGM RESORTS INTERNATIONAL
Nasdaq:MGM
MGM Rankings
MGM Stock Data
10.98B
230.04M
22.73%
69.74%
4.68%
Resorts & Casinos
Hotels & Motels
United States of America
LAS VEGAS