MGM Resorts International (MGM)
MGM's Sudden Withdrawal From NYC Casino Race: Saturation Fears Gripping Gaming Developers
MGM Resorts has withdrawn from the competition for one of three new casino licenses in the New York City metropolitan area. The high costs and intense competition for these licenses have proven prohibitive, even for major operators like MGM, WYNN, and LVS. MGM already maintains a presence in the NYC metro area through its Yonkers racino, reducing its urgency for a new license.
MGM Resorts to Sell MGM Northfield Park Operations for $546M
MGM is divesting its MGM Northfield Park operations for $546 million, boosting liquidity and trimming annual rent costs by $54 million.
MGM Resorts' BetMGM Delivers Q3 Growth, Raises 2025 Guidance
BetMGM's Q3 surge lifts MGM's outlook, with strong gains in iGaming and Online Sports driving a guidance raise for 2025.
MGM Withdraws Application for Full-Fledged Yonkers, N.Y., Casino
The company will no longer turn its Yonkers location into a casino with live games like poker and blackjack due to shifting competitive and economic factors, it said.
How MGM Resorts Stock Could Drop Another 50%
MGM Resorts stock (NYSE: MGM), a worldwide hospitality and entertainment enterprise, has experienced an 18% decline in its stock over the last year, while the S&P 500 has increased by 18%. At first glance, the valuation appears appealing — price-to-sales at 0.5 against 3.3 for the S&P, a P/E ratio of 17.6 compared to 23.9, and a price-to-free-cash-flow of 7.2 juxtaposed with 21.1.
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Can MGM (MGM) Keep the Earnings Surprise Streak Alive?
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.
What Next For MGM Stock?
MGM Resorts International (NYSE:MGM) stock hit day 7 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -9.4% return. MGM provides casino, hotel, and entertainment resorts across the United States and Macau, with a portfolio of 29 destination gaming offerings as of February 2021.
MGM Resorts: A Citadel Of Stability
MGM's Vegas flagship maintains more than 90% occupancy, even during periods of softer gaming revenue. Strong operational resilience highlights MGM's ability to weather cyclical downturns in Las Vegas visitation and GGR. The company's premium positioning and iconic brand continue to attract steady demand from both leisure and convention segments.
MGM Resorts' Q2 Earnings Beat Estimates, Revenues Rise Y/Y
MGM's second-quarter earnings and revenues top estimates, fueled by BetMGM, MGM China and Regional performance despite an EPS dip.
MGM Resorts International (MGM) Q2 2025 Earnings Call Transcript
MGM Resorts International (NYSE:MGM ) Q2 2025 Earnings Conference Call July 30, 2025 5:00 PM ET Company Participants Corey Ian Sanders - Chief Operating Officer Gary M. Fritz - President of MGM Resorts International Interactive Howard H.
Compared to Estimates, MGM (MGM) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for MGM (MGM) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
