MGM Stock Recent News

MGM Resorts stock (NYSE: MGM) is set to announce its financial results for the second quarter on Wednesday, July 30, 2025, with analysts projecting earnings of $0.55 per share from $4.31 billion in revenue. This indicates a decline of 8% in earnings year-over-year and stagnant revenue growth, compared to last year's earnings of $0.60 per share and revenue of $4.33 billion for the same quarter.

Entain PLC (LSE:ENT) shares made a subdued start on Tuesday, even after its jointly-owned BetMGM business delivered an upgrade to its full-year guidance. Much of BetMGM's strong performance appears already priced in, with Entain shares up 44% since January and 11% over the past month.

Stronger than expected 2Q and 1H 2025 from successful strategic execution supports increased FY25 outlook  LAS VEGAS , July 29, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), one of the leading sports betting and iGaming operators across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Second Quarter 2025 ("2Q 2025") and First Half 2025 ("1H 2025") performance. Strong 2Q and 1H performance as BetMGM's ongoing strategic execution drives strong and profitable growth 2Q Net Revenue up 36% YoY and EBITDA of $86 million (up $78 million YoY) 1H Net Revenue up 35% YoY and EBITDA of $109 million (up $232 million YoY) Leading iGaming offering and enhanced player engagement delivered 2Q revenues +29% (1H +28%) with strong growth in player volumes and activity Strong Online Sports performance with 2Q revenues +56% (1H +61%) driven by refined player marketing and management and strengthene

MGM's second-quarter 2025 results are likely to reflect softer casino trends and margin pressure, offset by digital gains and Las Vegas strength.

MGM's stock has rallied, but with moderate upside and tough Q2 comps ahead, I recommend holding rather than entering fresh positions now. Key growth drivers include BetMGM's positive EBITDA, Japan expansion, and aggressive share buybacks, but macro risks and China weakness temper enthusiasm. Q2 earnings are pivotal: watch for BetMGM growth, China rebound, continued buybacks, demand resilience, and progress on EBITDA efficiencies.

MGM (MGM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Utilizing Everi's BeOn™ Venue Platform, New Arena App Includes Traditional Features and Integrated Ticketing Capabilities LAS VEGAS , July 22, 2025 /PRNewswire/ -- T-Mobile Arena, the 20,000-seat venue located on the Las Vegas Strip between New York-New York and Park MGM, in an agreement with Everi, an IGT brand and premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo, today announced the launch of a new, dedicated venue app for its eventgoers. The newly designed T-Mobile Arena App is now available in the App Store  and Google Play.

LAS VEGAS , July 22, 2025 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release a business update for the period April 1 – June 30, 2025 ("2Q") on Tuesday, July 29, 2025. BetMGM management will host a conference call including Q&A at 9:00am ET / 6:00am PT (2:00pm UK).

It's been a while since investors have been able to buy off the discount rack, but the sudden reversal in U.S. markets over the last quarter has left analysts scrambling to update their earnings projections and year-end index targets. While the usual tech sector suspects have led the rally, the S&P 500 and the NASDAQ Composite have both made new all-time highs this month, and surges in speculative assets like Bitcoin indicate that risk-takers are once again whetting their appetites.

Hall of Famer to appear in marketing campaigns, star in exclusive slot game and champion responsible gambling initiatives Click here to download and view campaign photos (credit: BetMGM) JERSEY CITY, N.J. , July 14, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, today announced a multiyear partnership with baseball legend and five-time World Series champion Derek Jeter.