MGM Resorts International (MGM) has agreed to pay hefty fines totalling 17 million dollars for both
anti-money laundering cases and a class action lawsuit following data breaches exposing sensitive customer information. Despite these obstacles,
MGM's Q1 2025 earnings call is highly anticipated as the company secures a
HK$23.4 Billion revolving credit facility. Furthermore, MGM Resorts has paved the way in the casino-gaming industry by collaborating with
First National Bank of Omaha and Mastercard to launch a credit card service. The company has also seen mixed activity in the stock market with various enterprises and firms buying and selling shares. Moreover, MGM Resorts is entering into partnerships including an
agreement with Marriott International to launch W Las Vegas and a
multi-year agreement with Cisco. MGM Resorts' diversification of revenue streams through projects such as a
new dining experience in collaboration with Netflix and $3bn refinancing deals in China also highlights their innovative approach. Despite a
price target cut by Citizens JMP, MGM Resorts continues to strive for success registering
record revenues and planning imminent betting platform expansions. Lastly, MGM Resorts also scores high on corporate social responsibility by creating an inclusive workplace.
Mgm Resorts International MGM News Analytics from Tue, 20 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 23:59:28 GMT -
Rating -3
- Innovation 7
- Information 6
- Rumor -2
