Summary
MGG Chart
MGM & WYNN Betting on Earnings Comeback & Prediction Markets
MGM Resorts (MGM) posted an earnings beat in its latest report and promised investors will see a stronger 2026. However, they project it not to happen until the back half of 2026.
Super Bowl Is Our ‘Peak Moment,' Says BetMGM CEO
Adam Greenblatt, CEO of BetMGM, discusses the company's record 2025 performance and expectations for Super Bowl weekend. He tells Romaine Bostick and Katie Greifeld on “The Close” that there's concerns over the sports Prediction market.
MGM Resorts Q4 Earnings & Revenues Top Estimates, Rise Y/Y
MGM beats Q4 estimates as earnings and revenues rise year over year, driven by strong Macau results, digital growth and regional casinos.
MGM Resorts International (MGG) FAQ
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MGM Resorts International Profile
| Hotel & Resort REITs Industry | Real Estate Sector | William Joseph Hornbuckle CEO | XSTU Exchange | US5529531015 ISIN |
| US Country | 60,000 Employees | 15 Dec 2022 Last Dividend | 19 May 2005 Last Split | 12 Jan 1990 IPO Date |
Overview
MGM Resorts International is a global hospitality and entertainment company operating a portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay, and The Mirage, among others. The company is structured into three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China, allowing for a diversified approach to its casino, hotel, and entertainment offerings. MGM Resorts International provides a wide range of amenities, such as gaming, hotel accommodations, conventions, dining, entertainment, retail, and other resort amenities. Operating in both the United States and internationally, the company caters to a variety of customers, including premium gaming clients, leisure and wholesale travel clients, business travelers, and groups, including conventions and small meetings. Originally known as MGM MIRAGE, the company rebranded to MGM Resorts International in June 2010 and has its headquarters in Las Vegas, Nevada. Founded in 1986, MGM Resorts International has evolved to incorporate online sports betting and iGaming into its portfolio through BetMGM, reflecting the changing dynamics of the entertainment and hospitality industries.
Products and Services
- Gaming - MGM Resorts International's casino resorts offer a wide range of gaming options, including slots, table games, and online sports betting and iGaming through BetMGM. This segment caters to both casual and premium gaming customers, offering a comprehensive gaming experience.
- Hotel - The company provides luxurious and comfortable hotel accommodations across its various properties. These accommodations are designed to meet the needs of both leisure and business travelers, offering a range of amenities and services tailored to ensure a memorable stay.
- Convention - MGM Resorts International operates convention centers within its resorts, catering to business travelers, group customers, and event organizers. These convention services are equipped to host a wide range of events, from trade shows and small meetings to large conventions and corporate gatherings.
- Dining - A diverse array of dining options is available across MGM Resorts' properties, ranging from casual eateries to fine dining experiences. These dining services cater to various preferences and dietary requirements, enhancing the overall guest experience.
- Entertainment - The company offers a wide variety of entertainment options, including live shows, concerts, and other events. This segment aims to provide guests with unforgettable experiences during their stay at MGM Resorts' properties.
- Retail - MGM Resorts International offers retail services within its resorts, featuring a selection of shops and boutiques that cater to a wide range of interests and needs. This allows guests to enjoy a shopping experience without leaving the resort.
- Online Sports Betting and iGaming - Through BetMGM, MGM Resorts International provides online sports betting and iGaming, allowing customers to engage in these activities in a digital format. This offering caters to the growing demand for online and mobile gaming and betting options.
