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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
Maroon 5 will launch a new residency titled M5LV The Residency at Dolby Live at Park MGM in Las Vegas, beginning March 24, 2023. Tickets go on sale to the public on October 3, 2022, with pre-sale options available from September 28 and for MGM Rewards members from September 30. The residency is presented by Live Nation and MGM Resorts International and is designed for an intimate concert experience in a 5,200-seat venue. Maroon 5 has sold over 90 million albums and is among the top streaming groups on Spotify.
BetMGM has appointed Vanessa Hudgens as its new celebrity brand ambassador to enhance its marketing efforts across iGaming and Casino platforms. Known for her role in High School Musical, Hudgens aims to engage diverse audiences through innovative promotional strategies. BetMGM, a prominent name in sports betting and gaming, focuses on responsible gaming and offers resources like GameSense to assist players. This partnership is set against the backdrop of BetMGM's continued expansion into new markets.
The largest online gaming operators in the U.S. have established the first industry-led responsible gaming standards through a 12-point pledge aimed at promoting responsible online gaming. This initiative coincides with Responsible Gaming Education Month as designated by the American Gaming Association. Key participants include Bally's, BetMGM, DraftKings, Entain, FanDuel, and MGM Resorts International. The principles focus on preventing underage gaming, promoting informed choices, and fostering a responsible gaming culture. Operators will also collaborate with policymakers and experts to address problem gaming effectively.
BetMGM has partnered with NBC Sports for the 2022 NFL season, integrating betting insights into shows like Football Night in America. The collaboration features segments hosted by Chris Simms and Matthew Berry, providing real-time betting odds and analysis. NBC's digital platforms will also highlight BetMGM's odds in various content. This partnership aims to engage football fans and expand BetMGM's market presence while promoting responsible gaming through GameSense. Both companies anticipate strong viewer engagement and innovative activation opportunities.
ARIA Resort & Casino in Las Vegas is set to host Proper Eats, an elevated food hall opening in early winter, developed by Clique Hospitality. The venue will cover 24,000 square feet and feature 12 unique culinary concepts, including the first Wexler's Deli outside of Los Angeles and London's Seoul Bird. The design, crafted by Alessandro Munge, aims to create a vibrant dining experience. Clique Hospitality, known for its diverse dining portfolio in San Diego and Las Vegas, continues to enhance the local culinary scene with this new venture.
MGM Resorts International (NYSE: MGM) will participate in the Deutsche Bank Leveraged Finance Conference on September 20, 2022. CFO Jonathan Halkyard is scheduled to speak at 3:35 p.m. PDT. The session will be available via webcast on MGM's Investor Relations website. MGM Resorts is a global entertainment company, featuring hotels and casinos worldwide, and is recognized as one of FORTUNE® Magazine's World's Most Admired Companies. It operates 33 unique destinations and is pursuing expansion into Asia, particularly Japan.
AEG has promoted Sally Bae to Senior Vice President of Global Partnerships, overseeing revenue and strategic sales growth for T-Mobile Arena and MGM Grand Garden Arena in Las Vegas. Bae, who previously served as VP of Partnership Sales and Service, will manage long-term partnerships, premium inventory, and a growing sales team. Her past achievements include selling out premium seating for T-Mobile Arena in its first year. Bae’s experience includes generating over $550M in gross sales within a four-year period in Los Angeles.
On September 8, 2022, BetMGM and the Arizona Cardinals unveiled the first sportsbook at an NFL stadium, located at State Farm Stadium. This innovative 17,000-square-foot venue features a 265-square-foot video wall, 38 TVs, and over 25 betting kiosks, with capacity for 500 guests. The sportsbook will operate year-round, offering entertainment options including live music and comedy. Open to the public on September 11, 2022, the launch aims to enhance fan engagement and complement BetMGM's mobile offerings in Arizona.
BetMGM launched its new advertising campaign, "IT'S ON," featuring celebrities like Jamie Foxx and Vanessa Hudgens, aimed at engaging sports fans through a unique blend of entertainment and sports betting. The campaign will debut on national television during Thursday Night Football on September 8. This episodic series showcases various sports icons interacting in fun scenarios, promoting the BetMGM app available on multiple platforms. BetMGM emphasizes responsible gaming while expanding its reach across new markets.
On September 1, 2022, BetMGM launched its mobile sports betting app in Kansas, marking its entry into the 24th market across North America. The platform offers various betting options, including pre-game, live in-play, futures, and parlay wagers. Users can join exclusive free-to-play contests and earn rewards through BetMGM's loyalty program, redeemable at MGM Resorts locations. Emphasizing responsible gambling, BetMGM integrates GameSense for customer education. The app is available on iOS, Android, and desktop, enhancing BetMGM's footprint in the competitive online gaming sector.
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