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MGM RESORTS INTERNATIONAL

(MGM)
  Report
Real-time Estimate Cboe BZX  -  09:31 2022-11-28 am EST
35.44 USD   -0.81%
09:16aBetMGM expands sports betting in Maryland
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09:01aWall St set to open lower on China's anti-lockdown protests; Apple slips
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06:11aMGM RESORTS INTERNATIONAL FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits
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BETMGM ANNOUNCES ACTRESS VANESSA HUDGENS AS CELEBRITY BRAND AMBASSADOR; Hudgens Teams with Sports Betting and iGaming Leader for Upcoming Casino Spot and Marketing Campaigns

09/23/2022 | 11:46am EST

JERSEY CITY, N.J-- BetMGM, a leading sports betting and iGaming operator, announced today the signing of Vanessa Hudgens as a celebrity brand ambassador. The actress, producer, singer and entrepreneur will be featured in upcoming marketing campaigns, promotions and social media content for BetMGM's iGaming and Casino platforms.

Hudgens rose to national acclaim in the High School Musical series for her role portraying Gabriella Montez. She has since appeared in numerous feature films including 'Spring Breakers,' 'Bad Boys for Life' and 'Tick, Tick... Boom!,' as well as live productions such as the Broadway musical 'Gigi' and FOX's 'Grease: Live' and 'Rent: Live.' In addition to acting and producing, Hudgens is a Co-Founder of Caliwater, KNOW Beauty and Thomas Ashbourne Craft Spirits.

'Vanessa Hudgens is extremely gifted and will be instrumental in BetMGM's ongoing evolution as an entertainment company,' said Matt Prevost, Chief Revenue Officer, BetMGM. 'We look forward to the partnership and her support in our goal of reaching new audiences in unique and engaging ways.'

As BetMGM continues to expand into new markets, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including GameSense, an industry leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the GameSense integration within BetMGM's mobile and desktop platforms, customers can directly access responsible gaming tools.

For more information on BetMGM, follow @BetMGM on Twitter.

About BetMGM

BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
ENTAIN PLC -1.49% 1385.5 Delayed Quote.-16.43%
MGM RESORTS INTERNATIONAL -0.42% 35.73 Delayed Quote.-20.39%
All news about MGM RESORTS INTERNATIONAL
09:16aBetMGM expands sports betting in Maryland
AQ
09:01aWall St set to open lower on China's anti-lockdown protests; Apple slips
RE
06:11aMGM RESORTS INTERNATIONAL FILES (8-K) Disclosing Other Events, Financial Statements and..
AQ
05:35aNorth American Morning Briefing: Covid Protests in China Spread, Hit Market Se..
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11/26Macao awards casino licenses to MGM, Sands, Wynn, 3 others
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11/24BETMGM LAUNCHES MOBILE SPORTS BETTING IN MARYLAND; Online Platform Complements MGM Nati..
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11/23MGM Resorts International's BetMGM Launches Mobile Sports Betting App in Maryland
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11/23BETMGM SUPPORTS NEW RESEARCH INITIATIVE ON THE IMPACT OF ADVERTISING ON PROBLEM GAMBLIN..
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11/23BetMGM Launches Mobile Sports Betting in Maryland
PR
11/22Mgm Resorts International : Global Reporting Initiative (GRI) Index 2021
PU
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Analyst Recommendations on MGM RESORTS INTERNATIONAL
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Financials (USD)
Sales 2022 12 849 M - -
Net income 2022 564 M - -
Net Debt 2022 2 569 M - -
P/E ratio 2022 27,7x
Yield 2022 0,03%
Capitalization 13 721 M 13 721 M -
EV / Sales 2022 1,27x
EV / Sales 2023 1,14x
Nbr of Employees 60 500
Free-Float 79,7%
Chart MGM RESORTS INTERNATIONAL
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Technical analysis trends MGM RESORTS INTERNATIONAL
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Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 35,73 $
Average target price 48,78 $
Spread / Average Target 36,5%
EPS Revisions
Managers and Directors
William Joseph Hornbuckle President, Chief Executive Officer & Director
Jonathan S. Halkyard Chief Financial Officer & Treasurer
Paul Jude Salem Chairman
Corey I. Sanders Chief Operating Officer
Stephen Martino Chief Compliance Officer & Senior Vice President
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