Headquartered in Las Vegas, NV·Fiscal year ends December·NYSE: MGM·mgmresorts.com
About MGM Resorts
MGM Resorts International is an S&P 500 global gaming and entertainment company operating 30 unique hotel and gaming destinations worldwide. Its portfolio spans Las Vegas Strip integrated resorts, regional casino operations across the United States, and properties in Macau through its MGM China subsidiary. The company operates recognizable resort brands including Bellagio, MGM Grand, Mandalay Bay, and The Cosmopolitan. MGM's 50/50 venture BetMGM offers sports betting and online gaming in North America, while its subsidiary LeoVegas provides sports betting and online gaming across Europe and Brazil through the MGM Digital segment. The company is developing an integrated resort in Osaka, Japan, targeting a 2030 opening, which it describes as the largest integrated resort in the world. MGM Resorts generates revenue across casino gaming, hotel rooms, food and beverage, and entertainment operations. Updated
A Bank of America (NYSE:BAC | BAC Price Prediction) analyst who kept the firm on the sidelines for a year has turned bullish, arguing that Wall Street estimates for DraftKings (NASDAQ:DKNG) are…
A Wall Street firm that spent the past year avoiding DraftKings (NASDAQ:DKNG | DKNG Price Prediction) over prediction-market risk has lifted its view. DraftKings stock is up 5% to $19.46 in morning…
VICI Properties stock has shed nearly a quarter of its value in a year, yet the company just raised its dividend again. The casino landlord's lease structure tells a story the falling…
Shares of MGM Resorts International (NYSE:MGM | MGM Price Prediction) are sinking in morning trading after Barry Diller’s People Inc. (NASDAQ:PPLI) pulled its cash bid for the casino operator’s remaining public shares.…
When Joey called in 31 days sober from gambling with $23,000 spread across four credit cards, Dave Ramsey had a verdict. But the real numbers behind the app that wrecked him tell…
A going concern warning just erased nearly a third of Bally's market value in a single session, and with billions in debt, a stalled Chicago construction site, and multiple capital commitments in…
Boyd Gaming's July 23 earnings report is two weeks out, and a quiet combination of balance sheet strength, aggressive buybacks, and a compressed valuation has set up a trade that most investors…
Pre-Market Stock Futures: Futures are exploding higher on news of a peace deal with Iran expected to be signed this Friday. This follows a historic Friday that saw the coming-out party of…
Mid-Day Stocks: Stocks are trading lower on Wednesday, as oil and yields move higher. Once again, it was “Welcome back, my friends to the show that never ends.” On cue, the never-say-die…
Pre-Market Stock Futures: Futures are trading mixed as we get ready to finish off another wild week. What a difference a day makes: after a flat-to-down Wednesday, all the major indices exploded…
Prediction markets now put the odds of Caesars Entertainment (NASDAQ: CZR | CZR Price Prediction) being acquired before 2027 at 61.5%, with billionaire restaurateur and ambassador Tilman Fertitta widely cited as the…
When the Supreme Court struck down the federal sports betting ban in 2018, it unleashed a gold rush. Today, 38+ states have legalized sports betting, and Americans wagered over $150 billion in…
Pre-Market Stock Futures: The futures are trading higher as we get set to close out the week on a possible winning note, after a massive bounce-back rally on Thursday that saw all…
Pre-Market Stock Futures: Futures are trading higher on Wednesday as we reach the midpoint of the last full trading week of the year. Sellers once again took their toll on two of…
As the year winds down, insiders make huge buys in MGM Resorts and Salesforce. However, those were not the only notable instances of insider buying seen recently.
MGM Resorts International is an S&P 500 global gaming and entertainment company operating 30 unique hotel and gaming destinations worldwide. Its portfolio spans Las Vegas Strip integrated resorts, regional casino operations across the United States, and properties in Macau through its MGM China subsidiary.
What is the MGM stock price target?
24/7 Wall St.'s 12-month price target for MGM is $57.93, rated Buy. The Wall Street consensus target is $49.33. MGM price prediction →