MGM Resorts International

MGM

US5529531015

Casinos & Gaming

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
41.09 ^USD	-2.58%		-3.14%	-8.03%

Apr. 15	MGM Resorts International Seeks Injunction Against FTC's Probe of September Cybersecurity Attack	MT
Apr. 15	Casino operator MGM sues FTC to block probe into 2023 hack	RE

MGM Resorts explores sale of two casino operations, Bloomberg News reports

March 20, 2024 at 02:08 pm EDT

March 20 (Reuters) - MGM Resorts International is exploring the sale of its casino operations at Ohio's Northfield Park and in Springfield, Massachusetts, according to a report by Bloomberg News citing people with knowledge of the matter. (Reporting by Aishwarya Jain in Bengaluru; Editing by Krishna Chandra Eluri)

Latest news about MGM Resorts International

MGM Resorts International Seeks Injunction Against FTC's Probe of September Cybersecurity Attack	Apr. 15	MT
Casino operator MGM sues FTC to block probe into 2023 hack	Apr. 15	RE
Seaport Global Starts MGM Resorts International With Buy Rating, $56 Price Target	Apr. 15	MT
Wells Fargo Lifts Price Target on MGM Resorts International to $56 From $54	Apr. 15	MT
National Center for Public Policy Submits a Shareholder Proposal to MGM Resorts International	Apr. 11	CI
MGM Resorts International Closes $750 Million Debt Offering	Apr. 09	MT
DraftKings Poised for 'Solid' Quarter Amid Gaming Stocks' Underperformance, Morgan Stanley Says	Apr. 09	MT
US Gaming Stocks Underperform as Consumer Spending, Other Concerns Weigh Heavy, Morgan Stanley Says	Apr. 09	MT
Morgan Stanley Lifts Price Target on MGM Resorts International to $46 From $45, Keeps Equalweight Rating	Apr. 09	MT
Entain mulls fate for "range" of units as CEO appointment nears	Apr. 07	AN
DraftKings Exploring Entry Into Brazil's Online Gaming Market	Apr. 05	MT
DraftKings Exploring Entry Into Brazil's Online Gaming Market	Apr. 03	MT
DraftKings, MGM Resorts Exploring Entry Into Brazil's Online Gambling Market	Apr. 03	MT
News Highlights : Top Company News of the Day - Friday at 5 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Friday at 3 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Friday at 1 AM ET	Mar. 29	DJ
News Highlights : Top Company News of the Day - Thursday at 9 PM ET	Mar. 28	DJ
News Highlights : Top Company News of the Day - Thursday at 7 PM ET	Mar. 28	DJ
Federal Government Backs Tourists in Atlantic City Casino Hotel Suit -- Update	Mar. 28	DJ
Federal Government Backs Tourists in Atlantic City Casino Hotel Suit	Mar. 28	DJ
Online Betting Platforms Form Association to Address Problem Gambling	Mar. 28	MT
Stocks in motion: Gambling stocks in trouble, Cintas rises	Mar. 27
Top Midday Stories: Disney, DeSantis Reach Settlement; Judge Allows SEC's Coinbase Lawsuit to Proceed; UBS Sells Credit Suisse Assets to Apollo; Online Betting Platforms Form Group to Tackle Problem Gambling; EU Rejects Amazon Bid to Suspend Advertising Clause; Moderna to Receive $750 Million from Blackstone; Merck Drug Gets FDA Approval	Mar. 27	MT
NCAA Seeking to Ban Proposition Betting on College Athletes	Mar. 27	MT
Gambling Stocks Fall Amid Report of Federal Scrutiny of VIP Programs	Mar. 27	MT

Chart MGM Resorts International

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Company Profile

MGM Resorts International is one of the world's leading casino operators. At the end of 2021, the group operates 19 casino hotels in the United States (17; Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, Excalibur, New York-New York, Monte Carlo, Circus Circus Las Vegas, Aria, etc.) and in China (2; MGM Macau and MGM Cotai). Additionally, the group owns 50% of CityCenter and 50% of Greater Victoria. Net sales break down by activity as follows: - casinos operation (55.4%): 29,382 slot machines and 1,936 gaming tables operated at the end of 2021; - hotel operation (17.5%): operation of 45,157 hotel rooms (including 31,098 hotel rooms in the United States); - catering (14.4%); - operation of leisure sites and stores (10.4%); - other (2.3%). Net sales are distributed geographically as follows: the United States (87.5%) and China (12.5%).

Sector

Casinos & Gaming

Calendar

2024-05-01 - Annual General Meeting

Related indices

S&P 500

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Analysis / Opinion

INTERVIEW - Bill Hornbuckle, CEO of MGM Resorts & Anthony Capuano, CEO of Marriott: Behind the scenes of the partnership between the two giants

July 17, 2023 at 12:29 pm EDT

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Ratings for MGM Resorts International

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

41.09 USD

Average target price

55.19 USD

Spread / Average Target

+34.32%

Consensus

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Quarterly earnings - Rate of surprise

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Casinos

MGM Resorts International

Equities

MGM

US5529531015

Casinos & Gaming

MGM Resorts explores sale of two casino operations, Bloomberg News reports

EPS Revisions