MGM Stock Recent News

New Offerings Introduce City's Grandest Asian Gaming Experience, Luxurious High-Limit Gaming Area, First-to-Market High-Limit Bar, Elegant Private Gaming Salons, and More  ATLANTIC CITY, N.J. , May 22, 2025 /PRNewswire/ --  Borgata Hotel Casino & Spa has unveiled a series of elevated new gaming, dining and bar experiences, once again setting the standard for excellence in one of the country's most exciting hospitality destinations.

Sin stocks stir debate, but their steady returns, strong margins and recession resistance make them smart, long-term plays for performance-focused investors.

Why IAC Is A Better Bet Than MGM Resorts

It's been a mostly bullish earnings season for casino stocks with names like MGM Resorts International NYSE: MGM and Las Vegas Sands Corp. NYSE: LVS having posted solid earnings. But the third time wasn't a charm for Bally's Corp. NYSE: BALY.

Abboushi will lead company's entertainment programming and operations LAS VEGAS , May 12, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today that veteran talent agent Ryan Abboushi is joining the company as President of Entertainment. As leader of its entertainment division, Abboushi will oversee MGM Resorts' unified programming and operations strategy to build on and expand its position as a world-class leader in live entertainment and immersive experiences.

MGM operates some of the top resorts in the U.S., which have maintained occupancy rates above 90% over the past few years. Despite short-term macro headwinds, I think the long-term outlook remains positive for Las Vegas, iGaming, and sports betting. MGM is well-positioned to benefit from the overall growth, and many of the current risks can be mitigated by extending the investment time horizon.

LAS VEGAS , May 8, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that it has reached a new employment agreement with CEO & President Bill Hornbuckle through December 31, 2028. As part of his new employment contract, the Company has also agreed to offer Hornbuckle an advisory agreement at the end of the term to assist with its integrated resort project in Osaka, Japan until its opening.

MGM starts game changer mega casino in Osaka to debut in 2030. Estimates $5B in EBITDA. Casino projects will soar in scale with new demands by governments.

MGM's first-quarter top line reflects soft contributions from MGM China, Las Vegas Strip Resorts and regional operations.

Sequential Growth in Adjusted EBITDA and Market  S hare HONG KONG , May 1, 2025 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2025 (the "Period"). The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 12% quarter-to-quarter to 109,585, recovered to 95% of same period in 2019.