Headquartered in Las Vegas, NV Fiscal year ends December NYSE: MGM mgmresorts.com
MGM Resorts International is an S&P 500 global gaming and entertainment company. Its portfolio spans 30 hotel and gaming destinations offering casinos, hotels, meetings and convention space, live and theatrical entertainment, dining, nightlife and retail.
It reports five segments:
- **Las Vegas Strip Resorts**
- **Regional Operations**: U.S. regional casinos, including properties such as Beau Rivage and MGM National Harbor.
- **MGM China**: integrated resorts in Macau.
- **MGM Digital**: LeoVegas and other consolidated interactive gaming subsidiaries, operating through LV Lion Holding Limited across several European jurisdictions.
- **Management and other operations**
MGM also owns 50% of BetMGM, LLC, which offers sports betting and online gaming in North America under the BetMGM and partypoker brands. The venture is accounted for as an unconsolidated affiliate and pays distributions and branding license fees to MGM.
Most domestic properties are operated under triple net leases. The company is developing an integrated resort in Japan (MGM Osaka) and is pursuing a project in Dubai. It sold MGM Northfield Park in April 2026 and has been actively repurchasing shares. Updated
Las Vegas Strip room rates fell 8%, dragging MGM Resorts to a quarterly loss that missed expectations while revenue landed in line. Macau strength and a narrowing digital loss were not enough to offset it, and management says October rates have already rebounded.
Pre-Market Stock Futures: Futures are lower after a huge mid-week follow-through rally fueled by spectacular earnings and forward guidance from Space Exploration and Technologies (NASDAQ: SPCX | SPCX Price Prediction). Elon Musk’s…
Sportsbook operators have absorbed some of the biggest selling in the gambling group across 2026, and the pressure has landed hardest on the pure-play names. DraftKings (NASDAQ:DKNG | DKNG Price Prediction) stock…
One cruise giant rebuilt its dividend from nothing and is raising it fast, while a casino landlord quietly pays nearly four times the yield. Before you chase either payout, there are risks…
GLPI slashed its dividend to nearly nothing when casinos went dark in 2020, yet management now calls gaming revenues bulletproof. With one master lease sitting at a coverage ratio that leaves little…
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…
MGM Resorts International is an S&P 500 global gaming and entertainment company. Its portfolio spans 30 hotel and gaming destinations offering casinos, hotels, meetings and convention space, live and theatrical entertainment, dining, nightlife and retail.
24/7 Wall St.'s 12-month price target for MGM is $50.40, rated Buy. The Wall Street consensus target is $41.68. MGM price prediction →
