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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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MGM Resorts International (MGM) will release its Q1 2024 financial results on May 1, 2024, followed by a conference call and Q&A session. Investors can access the call online or via phone, with a replay available until May 8, 2024.
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MGM Resorts International announces a public offering of $750 million in senior notes due 2032 at par, aiming to repay existing debts. The offering is managed by a consortium of top financial institutions, with the transaction set to close on April 9, 2024.
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MGM Resorts International's Bellagio Fountain Club returns for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2024, offering an extraordinary VIP experience with world-class chefs, exclusive track views, and unlimited food & beverage. Tickets are now on sale for this premier race weekend destination.
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MGM Resorts International plans to offer $750 million in senior notes due 2032 to repay existing debt, with a lineup of notable book-running managers and co-managers for the proposed offering.
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MGM Resorts International partners with SNWA to promote water conservation among employees in Southern Nevada through a $500,000 grant. The initiative aims to enhance existing water savings programs and educate employees on the importance of water conservation.
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Equity Residential (EQR) appoints Ann C. Hoff and Nina P. Jones to its Board of Trustees, expanding to 11 members. Ms. Hoff is the President and COO of Bellagio and Park MGM at MGM Resorts International, while Ms. Jones retired from T. Rowe Price, a global investment manager. Both new trustees bring valuable expertise to the company.
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Marriott Bonvoy and BetMGM have launched a groundbreaking rewards collaboration in the online sports betting and iGaming industry, allowing players to earn and exchange points between the two platforms. The partnership offers players unique benefits and experiences, including the chance to win a VIP Los Angeles vacation curated by basketball star Blake Griffin.
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BetMGM partners with Charlotte Motor Speedway to enhance race day experience and introduces mobile sports betting in North Carolina. The platform offers expanded pre-game and in-game options, real-world rewards, and Same-Game Parlay+ feature. BetMGM focuses on responsible gambling education through GameSense program.
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BetMGM launches a new ad featuring NHL MVP Connor McDavid emphasizing responsible gaming tools. The ad will be broadcasted on digital platforms in North America.
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MGM Resorts International will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 14, 2024. CEO Bill Hornbuckle and CFO Jonathan Halkyard will speak at the session, available via live webcast.
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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 $34.16 as of December 20, 2024.
What is the market cap of MGM RESORTS INTERNATIONAL (MGM)?
The market cap of MGM RESORTS INTERNATIONAL (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.
MGM RESORTS INTERNATIONAL
NYSE:MGM
MGM Rankings
MGM Stock Data
10.09B
230.02M
22.74%
69.76%
4.62%
Resorts & Casinos
Hotels & Motels
United States of America
LAS VEGAS