MGM Resorts International announces a long-term branding agreement with MGM China. The Grand succeeds to reopen Avenue Café in January. Recent brand fees negotiations resulted in reassessment of MGM Resorts' investment narrative. Despite a significant number of shares held by various asset management firms being sold, the company's overall stock performance outpaces the Consumer Discretionary Sector. Despite continuing losses in Las Vegas dragging down overall revenue, company's long-term upside is still anticipated from its integrated resort project in Japan. The Q3 2025 financial results are reported while the company's personnel undergoes significant changes with the naming of new COO and other strategic positions. MGM Resorts continues its efforts to restore growth trajectory in Vegas following Q2 declines. The company also finalizes a landmark branding agreement with MGM China for long-term growth. Nonetheless, the company admits to 'losing control' of narrative over high pricing which may hit the vacation costs for tourists. Despite a significant fine due to an alleged involvement in a money laundering case, many investors still see asymmetric risk-reward opportunity with MGM Resorts International.
Mgm Resorts International MGM News Analytics from Tue, 08 Apr 2025 07:00:00 GMT to Sat, 27 Dec 2025 02:21:34 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -4
