MGM Resorts International has announced various significant changes and strategies. They have sold the MGM Northfield Park operations to private equity funds managed by Clairvest Group. Despite recent share price softness, MGM Resorts is exploring valuation strategies based on digital growth prospects. The company has made some adjustments in the C-suite with the appointments of Ayesha Molino as the Chief Operating Officer and Gary Fritz taking on the role of Chief Commercial Officer and President of MGM Digital. MGM also made impressive Q2 2025 earnings, reporting record results. Part of these results could be credited to BetMGM’s positive cash flow and digital growth, which is leading to increased financial predictions for 2025. The growth of MGM's digital branch and their iGaming results are also noteworthy. Furthermore, MGM Resorts has announced plans to host an unmatched F1® energy for the Las Vegas Grand Prix weekend. The company has exited the race for a New York City casino license but continues to show optimism with the CEO affirming Las Vegas' bright future.
Mgm Resorts International MGM News Analytics from Wed, 12 Feb 2025 08:00:00 GMT to Thu, 23 Oct 2025 18:13:26 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor 2
