MGM Resorts International (MGM) has grabbed attention in recent times due to various reasons. The hotel and casino giant announced the appointment of
Ryan Abboushi as their new President of Entertainment. They have also signed a contract with
Marriott International to launch W Las Vegas and joined forces with
LIV Golf. The company's digital growth has been highlighted in Q1 2025 earnings call, with strong BetMGM results also noticed. MGM Resorts further submitted an application for a commercial casino license in New York.
BetMGM raised its guidance and its boom even raised queries on the worth of the MGM Stock. The company’s CEO, Bill Hornbuckle’s tenure was extended till 2028. Unfortunately, MGM has to pay an $8.5M fine to settle a role in money laundering case. The company also reported a strong
China Casino revenue, leading to a record revenue in 2024. The MGM Grand is expected to get a boost due to a major renovation. This along with strong Q1 BetMGM results has caused a rise in the company's stock.
Mgm Resorts International MGM News Analytics from Mon, 21 Oct 2024 07:00:00 GMT to Sat, 05 Jul 2025 08:27:05 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
