MGM Resorts International has been proactively navigating through a variety of market challenges. Noteworthy occurrences include the organization's exposure to a data breach settlement, underperforming stocks relative to competitors, and adjustments in price targets by key stakeholders like Morgan Stanley. Despite these events, MGM has affirmed its commitment to strategic growth, as seen with the company's collaboration with Marriott International to launch the W Las Vegas, and expanded commitment to problem gambling research, treatment, and public awareness. The resort leader debuts a new hotel brand,
MGM RESERVE, in Zhuhai set to open in May. Furthermore, the company is set to see a significant boost in its earnings as MGM takes an airline approach to business, capitalizing on convention bookings that hint at promise. Their financial and operating results for the third and fourth quarter of 2024 reported
record revenues, underlining the brand's resilience despite industry shifts. The firm has indicated ambitious plans for the future, including a strong focus on digital ventures in 2025, aiming to lead its industry sector.
Mgm Resorts International MGM News Analytics from Thu, 20 Jun 2024 07:00:00 GMT to Fri, 21 Mar 2025 20:30:00 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor 3
