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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
MGM Resorts International (NYSE: MGM) announced a proposed offering of $500 million in senior notes due 2028. The net proceeds will be used for general corporate purposes, potentially including refinancing debt. These notes will be general unsecured obligations, secured by guarantees from the Company’s subsidiaries. The offering is managed by several financial institutions, including BofA Securities and J.P. Morgan. This announcement does not constitute an offer to sell securities in jurisdictions where it is illegal.
MGM Resorts International (NYSE: MGM) has unveiled its "Convene with Confidence" plan to safely resume meetings and conventions across its properties. This initiative is backed by extensive consultations with experts and enhances its existing Seven-Point Safety Plan.
Key features include multi-layered health screenings using CLEAR's Health Pass, rapid COVID-19 testing with results in about 20 minutes, and thorough protocols for event planning, arrival procedures, cleaning, physical distancing, and catering.
The Tennessee Titans have partnered with BetMGM, marking Tennessee's first official sports betting partnership with a professional sports team. Announced on September 28, 2020, this collaboration allows BetMGM to enhance fan engagement through brand visibility during games and exclusive naming rights to the Titans' television studio. BetMGM will launch its mobile app in Tennessee on November 1, pending regulatory approval. The partnership represents a strategic expansion for MGM Resorts and GVC Holdings in the growing U.S. sports betting market.
The Tennessee Titans have officially partnered with BetMGM, marking the first sports betting collaboration in Tennessee. This historic partnership will enhance fan engagement through brand visibility across Titans digital platforms, including exclusive naming rights for the team's television studio. The BetMGM mobile app is set to launch in Tennessee on November 1, pending regulatory approval. This collaboration aims to create new experiences for Titans fans and support community initiatives through sponsorships and events.
BetMGM has announced that award-winning artist Jamie Foxx will star in their new advertising campaign, The King of Sportsbooks. This initiative aims to spotlight the thrill of sports betting and will feature various traditional and social media ads, including a video set against the Fountains of Bellagio in Las Vegas. The campaign, created with 72andSunny, intends to bolster BetMGM's brand presence as it seeks to expand its user base and market reach. BetMGM operates in seven states, with plans to expand to eleven by the end of 2020.
BetMGM has announced a new ad campaign featuring Academy Award winner Jamie Foxx as part of its branding strategy. The campaign, titled The King of Sportsbooks, aims to enhance BetMGM's market presence by showcasing the excitement of sports betting through various advertising mediums. The campaign will launch shortly and includes a visually captivating video filmed at the Fountains of Bellagio in Las Vegas. BetMGM, a joint venture between MGM Resorts and GVC Holdings, is positioned to expand its reach in the U.S. sports betting market by leveraging innovative technology and a strong brand partnership with Foxx.
BetMGM has partnered with the Las Vegas Raiders as the team's first official sports betting partner, enhancing MGM Resorts' existing multi-year sponsorship. This partnership aims to engage Raiders fans through educational initiatives about the BetMGM app, which is accessible via MGM Resorts Sports Book locations in Las Vegas. The collaboration also includes sponsorship of the Raiders' inaugural regular season game at Allegiant Stadium. MGM Resorts emphasizes responsible gaming through the GameSense program and continues to expand its footprint in the sports betting market.
On September 17, 2020, BetMGM became the Official Sports Betting Partner of the Las Vegas Raiders, expanding its existing partnership with MGM Resorts. The collaboration aims to enhance engagement with Raiders fans and promote the BetMGM app, now available for registration in Nevada through MGM Resorts Sports Books. BetMGM's CEO expressed excitement about the partnership, emphasizing a commitment to responsible gaming. Additionally, the Raiders and MGM Resorts are collaborating on community outreach initiatives in Southern Nevada, with MGM providing substantial branding at Allegiant Stadium, set to generate significant economic benefits.
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