BetMGM is trying to regain market share after losing ground in sports betting and online casino games. It's banking on technology like modeling and predictive AI features, and a digital wallet that allows people to take home what they win in Nevada.
MGM Resorts International CEO Bill Hornbuckle on Tuesday discussed and international growth through MGM Macau.
Bill Hornbuckle, MGM Resorceots International CEO, joins CNBC's 'Money Movers' to discuss China stimulus plan, the casino industry moving digital, opportunities for MGM in Las Vegas sports, and more.
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.
There's a wide moat and strong cash flow behind this business.
Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced.
MGM Resorts' BetMGM inks a multi-year deal with USA TODAY Sports to deliver integrated sports betting odds and information across a vast network.
MGM (MGM) reported earnings 30 days ago. What's next for the stock?
MGM stock's long-term strategy centers on leveraging growth opportunities while maintaining a shareholder-friendly approach.
The casino sector offers attractive P/E ratios, with brick-and-mortar casinos presenting solid entry points despite the online gaming craze. Monarch Casino & Resort, Inc. and MGM Resorts International are top picks, undervalued with strong growth potential and prudent management strategies. The US casino industry is projected to grow at a 12% CAGR to 2030, with record visitation and robust regional growth.
MGM Resorts (MGM) focuses on the rollout of a single account and wallet feature to enhance customer engagement and solidify its omnichannel strategy. However, high costs are a concern.