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Mgm Resorts International MGM - News Analyzed: 5,290 - Last Week: 99 - Last Month: 396

↗ MGM Resorts International embraces ambitious growth while juggling stock fluctuations

MGM Resorts International embraces ambitious growth while juggling stock fluctuations
MGM Resorts International (MGM) has been the subject of diverse activities and strategic developments. The company has successfully expanded its board, appointing Donna Langley, an NBCUniversal executive. MGM has outlined an ambitious growth strategy that includes a $2.5 billion expansion for BetMGM, $300 million upgrades in Las Vegas, and further global casino initiatives. A notable collaboration with Cisco has also been highlighted, signifying a technically forward progression. Reportedly, MGM Resorts International experienced a drop in stocks, which led to various firms and LLCs either buying or selling their stakes. Despite this, the company managed to report fourth-quarter and full-year earnings for 2024 indicating record revenues. The firm is constantly updating properties, recently unveiling a dining experience in partnership with Netflix at the MGM Grand in Las Vegas. It is initiating active recycling efforts, thus pushing its Eco-friendly agenda.

Mgm Resorts International MGM News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Sat, 15 Mar 2025 22:34:02 GMT - Rating 3 - Innovation 1 - Information 6 - Rumor -2

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