↘ MGM Resorts International: Share Purchasing, Executive Reshuffling, and Vegas Grand Prix Picture_Prompt: close-up shot of young woman reacting to her winning hand in poker game, illustrating MGM Resorts' new Burn card feature
Envestnet Asset Management Inc., South Dakota Investment Council, American Assets Inc., Levin Capital Strategies L.P., Savoir Faire Capital Management, MQS Management LLC, AlphaQuest LLC, Y Intercept Hong Kong Ltd, and Allianz Asset Management are among investors buying shares of MGM Resorts International. Despite Q3 revenue decline blamed on Vegas' losses and a drop in stock value, the company saw a reshuffling of executive positions. It named Ayesha Molino as the new COO, Gary Fritz as CCO, and Ryan Abboushi as President of Entertainment. Furthermore, MGM sold its Northfield Park Operations to private equity funds managed by Clairvest Group for $546M and launched the 'Live from Vegas' global online casino experience in partnership with Playtech. MGM will also roll out an exciting, star-studded chef lineup for the upcoming Las Vegas Grand Prix, planned for November 20 – 22, 2025.
Mgm Resorts International MGM News Analytics from Fri, 28 Feb 2025 08:00:00 GMT to Sat, 08 Nov 2025 08:48:34 GMT -
Rating -2
- Innovation 5
- Information 7
- Rumor 3
