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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 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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BetMGM, a leading sports betting and iGaming operator, will premiere its new campaign series starring Jamie Foxx. The series was filmed in Las Vegas and directed by Wayne McClammy. The campaign opens with the 'Doing it Live' spot featuring Foxx playing the piano at NoMad Library. The second segment, 'The Game,' shows Foxx exploring the BetMGM app and includes a cameo by Wayne Gretzky. The campaign highlights the opportunity for new customers to wager up to $1,500 on their first bet and receive a payback in bonus bets for a losing wager. BetMGM is available in 26 markets across North America.
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MGM Resorts and BetMGM to participate in Bank of America Gaming and Lodging Conference on September 7, 2023.
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MGM Resorts and BetMGM launch responsible gaming campaign at NFL stadiums, committing over $1 million annually to responsible gaming initiatives.
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MGM Resorts Foundation awards over $2.7 million in grants to nonprofit organizations in various communities.
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MGM Resorts International has launched its BetMGM iGaming and online sports betting brand in the United Kingdom, leveraging the technology and platform of LeoVegas. This marks the company's expansion of the BetMGM brand into international markets. The UK offering features large-scale and frequent jackpots, loyalty rewards, unique sports promotions, and exclusive slots. The product is available on desktop and mobile web, with mobile applications planned for development. The BetMGM brand aims to provide relevance to both sports bettors and iGaming consumers in the UK.
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FAQ
What is the current stock price of Mgm Resorts (MGM)?
The current stock price of Mgm Resorts (MGM) is $35.17 as of February 26, 2025.
What is the market cap of Mgm Resorts (MGM)?
The market cap of Mgm Resorts (MGM) is approximately 10.1B.
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.
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