MGM Stock Recent News

Application highlights transformative vision for Empire City YONKERS, N.Y. , June 26, 2025 /PRNewswire/ -- MGM Yonkers Inc., a subsidiary of MGM Resorts International (NYSE: MGM), today submitted its commercial casino license application to the New York Gaming Commission and the Gaming Facility Location Board, with a $2.3 billion proposal to transform its historic Empire City Casino site into a commercial casino and entertainment destination.

LAS VEGAS , June 26, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2025 after the market closes on Wednesday, July 30, 2025. MGM Resorts will host a conference call that day at 5:00 p.m.

Despite a positive update from BetMGM and aggressive stock buybacks, MGM Resorts stock (NYSE: MGM) appears to be a value trap rather than a value opportunity. MGM stock has seen a slight decline year-to-date, while the S&P 500 has increased by approximately 3%.

Citi has reiterated its ‘buy' rating on Entain PLC (LSE:ENT) after BetMGM, its US joint venture with MGM Resorts, upgraded full-year 2025 revenue and earnings guidance on the back of stronger-than-expected trading in the second quarter. BetMGM now expects net revenue of at least $2.6 billion, up from its previous range of $2.4 billion to $2.5 billion.

Ladbrokes owner Entain said on Monday BetMGM, its U.S. sports-betting joint venture with MGM Resorts , raised its annual revenue and core earnings forecast, driven by strong growth in its iGaming and online sports divisions.

Continuing strong momentum supports increased confidence and FY 2025 guidance upgrade JERSEY CITY, N.J. , June 16, 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 to FY 2025 guidance.

BetMGM CEO Adam Greenblatt discusses transactions during the NBA finals on 'The Claman Countdown.' #foxbusiness #usnews #sports #sportsbetting #nba

Gaming stocks remain deeply undervalued despite market fears of a recession and tariffs, which I believe are overblown. Discounted cash flow analysis shows only a few gaming stocks are fully valued. Most are still bargains. The narrative that online gaming will destroy live casino gaming is fundamentally flawed and unsupported by evidence.

BetMGM to donate meals to the Just One Project for every Aces home steal during the 2025 season Click here  for high-res photo/video of The Fountains of Bellagio partnership launch LAS VEGAS , May 28, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and the Las Vegas Aces announced today that BetMGM is the exclusive online casino and sportsbook partner of the WNBA's Las Vegas Aces. The agreement runs through the 2027 season, marking BetMGM's first major partnership with a women's professional sports franchise.

COLORADO SPRINGS, Colo. , May 27, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that its subsidiary, Century Casino & Hotel Cape Girardeau ("Century"), has entered into a long-term agreement with BetMGM to bring BetMGM's sports betting platform to the Missouri market.