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MGM RESORTS INTERNATIONAL - MGM STOCK NEWS

Welcome to our dedicated page for MGM RESORTS INTERNATIONAL news (Ticker: MGM), a resource for investors and traders seeking the latest updates and insights on MGM RESORTS INTERNATIONAL stock.

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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Remark Holdings, Inc. (NASDAQ: MARK) launched the VegasVerz app, an augmented and virtual reality experience for BTS fans during their Las Vegas concerts on April 8-9 and April 15-16, 2022. The app, available on Apple and Google Play, allows fans to collect unique NFTs and enjoy exclusive experiences at MGM Resorts properties. CEO Shing Tao highlighted the significance of this launch and past showcases at major events, emphasizing a commitment to expanding augmented and virtual reality applications powered by Remark AI.

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MGM Resorts International (NYSE: MGM) is set to release its first quarter 2022 financial results on May 2, 2022, after market close. A conference call will follow at 5:00 p.m. ET for discussion and Q&A. Earnings details will be available on their Investor Relations website. The call can be accessed online or via phone, and a replay will be available until May 9. MGM Resorts operates 32 global destinations and is expanding its footprint, notably in Asia.

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BetMGM has launched its online sports betting and iGaming platforms in Ontario, marking its first international expansion. Ontario is the 23rd market where BetMGM's products are available. The platform features user-friendly mobile gaming, including options for live betting and a variety of casino games. BetMGM has partnered with notable Canadian athletes like Wayne Gretzky and Connor McDavid for promotional campaigns. The company emphasizes responsible gaming through its GameSense program, offering resources to help customers play responsibly.

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BetMGM has signed AJ Andrews, the first female Gold Glove winner, as a brand ambassador and content creator. Andrews, a notable figure in sports, will represent the company across various platforms during the baseball season. She expressed excitement about advocating for women's opportunities in sports through this role. BetMGM, available in 22 markets, focuses on responsible gaming education and is known for its innovative online gaming offerings. The partnership aims to enhance brand visibility and community engagement while BetMGM continues its expansion.

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MGM Resorts International has launched Las Vegas' first NFT-enabled live performance experience featuring Jabbawockeez's show TIMELESS. A limited collection of 1,110 NFT tickets is now available for performances from April 7-30, 2022. These tickets provide exclusive benefits such as premium seating, behind-the-scenes access, and collectible memorabilia. The NFT ticket transforms into a vibrant digital keepsake post-show. This initiative aims to enhance fan engagement and create lasting connections, marking a significant innovation in live entertainment.

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Pacific Premier Bancorp has appointed Rose McKinney-James as a director, effective March 28, 2022. McKinney-James brings over two decades of public company director experience, particularly in ESG oversight and regulatory affairs. Her engagement will enhance the board's skillset, particularly concerning climate risk management.

Additionally, the company has released its inaugural Corporate Social Responsibility Report, highlighting initiatives such as a $50 million Equitable Impact Initiative and $2.3 billion in CRA eligible lending.

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On March 29, 2022, BetMGM announced a business update event scheduled for May 12, 2022, at 11 a.m. EDT. This event aims to provide insights into the U.S. sports betting and iGaming markets, featuring presentations from key executives such as CEO Adam Greenblatt. The event will be accessible via webcast and will include a live Q&A session. BetMGM, a joint venture between MGM Resorts and Entain, is a leader in the sports betting industry, offering exclusive access to MGM's land-based and online betting platforms.

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Aerosmith has announced the return of their Las Vegas residency, AEROSMITH: DEUCES ARE WILD, beginning on June 17, 2022, at Dolby Live at Park MGM. This will be the first concert in Dolby Atmos technology, providing an immersive audio experience. Tickets go on sale starting March 31, 2022, with pre-sale opportunities for fan club members and Citi cardholders. The residency features a 90-minute electrifying performance and celebrates the band's 50th anniversary.

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BetMGM, a leading sports betting operator, has launched its mobile app in Illinois, expanding its presence in a major U.S. betting market. The app offers diverse betting options and unique features like the exclusive One Game Parlay and a loyalty program called BetMGM Rewards. Customers can redeem points for experiences at various MGM Resorts properties. Emphasizing responsible gaming, BetMGM integrates GameSense into its platforms. The app is available on iOS, Android, and desktop, marking a strategic growth phase for the company.

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MGM Resorts International (NYSE: MGM) will partake in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 7, 2022, at 11 a.m. EST. CFO Jonathan Halkyard is scheduled to speak, and a live webcast will be available on the MGM Investor Relations website. MGM Resorts is an S&P 500 global entertainment company with a portfolio of 32 hotel and gaming destinations, including BetMGM for sports betting. The company is also expanding in Asia through opportunities in Japan.

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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 $37.27 as of November 19, 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

11.01B
230.04M
22.73%
69.74%
4.68%
Resorts & Casinos
Hotels & Motels
Link
United States of America
LAS VEGAS