3381 results for “MGM”

retail investors

MGM Stock Beloved by Retail Investors

MGM Resorts International (NYSE:MGM) stock is a favorite among retail investors, and that could be a catalyst for upside in the casino giant's shares, according to one research firm. UBS recently noted...

Todd ShriberNovember 30, 2021
MGM stock

MGM Stock Earns Tepid View from Morgan Stanley, Bank Points to Sports Betting Risk

MGM Resorts International (NYSE:MGM) stock is trading lower Tuesday after Morgan Stanley analyst Thomas Allen restarted coverage of the casino giant with an “equal-weight” rating. Allen, one of the most widely followed...

Todd ShriberNovember 23, 2021
MGM Resorts vaccine

MGM More Than Doubles Mandatory COVID Test Prices for Unvaccinated Hourly Workers

UPDATE: The OSHA emergency rule has been placed on hold by a US Appeals Court. MGM has not yet commented.  MGM Resorts' unvaccinated hourly employees in Las Vegas will now have to...

Philip ConnellerNovember 17, 2021
MGM stock

MGM Stock Correction Could Be Buying Opportunity, According to Charts

Once-hot MGM Resorts International (NYSE:MGM) stock is mired in a slump. But if historical trends repeat, the recent slide could prove to be a buying opportunity. Shares of the largest operator on...

Todd ShriberNovember 12, 2021
Entain takeover

BetMGM Hindered Deal with DrafKings, Says Entain CEO Nygaard-Andersen

Entain Plc's (OTC:GMVHY) 50 percent stake in BetMGM was one of the reasons why the company's courtship with DraftKings (NASDAQ:DKNG) recently fell apart. Entain CEO Jette Nygaard-Andersen made comments to that effect...

Todd ShriberNovember 11, 2021
MGM Resorts Osaka Orix Japan

MGM Resorts Osaka Partner in Japan Sets Aside $2.4B for Casino Project Start

An integrated resort (IR) consortium led by MGM Resorts and Orix Corporation is the preferred casino developer in Japan's Osaka Prefecture. The combined group has proposed an IR development with a total...

Devin O'ConnorNovember 9, 2021
Maryland casino Live! MGM National Harbor

Live! Casino is Top Maryland Earner for Only Second Time Since 2016 MGM Opening

Live! Casino Hotel Maryland was the state's top grossing casino in October. It's only the second time since MGM National Harbor opened in December of 2016 that the Anne Arundel County gaming...

Devin O'ConnorNovember 8, 2021
Mirage sale

MGM In Early Talks to Sell Mirage Operating Rights, Suitor List Likely Long

MGM Resorts International (NYSE:MGM) confirmed on its third-quarter earnings conference call Wednesday that it has commenced the sale process for the Mirage on the Las Vegas Strip. That brings an end to...

Todd ShriberNovember 3, 2021

VICI Investors Approve Share Issuance for MGM Growth Properties Acquisition

VICI Properties (NYSE:VICI) shareholders have approved the issuance of a massive amount of new equity. The goal is to fund the company's $17.2 billion all-stock acquisition of rival MGM Growth Properties (NYSE:MGP)....

Todd ShriberOctober 30, 2021
mgm resorts, picasso

MGM Resorts Raises Over $100M in Picasso Selloff

MGM Resorts cashed in 11 Picassos for a total of $109 million via a Sotheby’s auction at the Bellagio in Las Vegas on Saturday. The artworks were part of the MGM Resorts...

Philip ConnellerOctober 25, 2021