MGM Resorts International (MGM) MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.
Sector: Hotels & Motels
Industry: Gambling, Resorts & Casinos
MGM Resorts International NYSE:MGM Consumer Cyclical · Gambling, Resorts & Casinos
AH Close $28.14 +0.29%vs close AH Close $28.14 +0.29% vs close
All Press Release SEC Filings News
Press Release
MGM Grand Hotel & Casino to Open Taylor Sheridan's Four Sixes Ranch Steakhouse in Early 2027
MGM Grand will open Taylor Sheridan's Four Sixes Ranch Steakhouse in early 2027, in the former Crush American Grill space at the Las Vegas resort.
The concept is a partnership with the 260,000-acre Four Sixes Ranch, with signature cuts sourced directly from the ranch and an immersive design by Landman production designer Charisse Cardenas.
The steakhouse follows a two-year run on The Strip and adds to MGM Grand's celebrity-chef dining portfolio, but the financial impact on MGM Resorts is expected to be modest.
• 3d ago AI analysis › Press Release
BetMGM and the National Football League Extend Partnership in Canada
BetMGM, the 50/50 joint venture between MGM Resorts (NYSE: MGM) and Entain, extended its partnership with the NFL as an Official Sports Betting Partner in Canada for one year.
The agreement, ongoing since 2022, covers digital and retail sports betting in Ontario and Alberta and includes use of NFL marks, team logos, and Super Bowl branding in marketing, alongside integrity and responsible-gambling commitments.
No financial terms were disclosed; the renewal is incremental brand support for BetMGM's Canadian operations rather than a material new revenue event for MGM.
• 3d ago AI analysis › Press Release
MGM RESORTS SPRINTS TO RACE WEEK WITH HIGH-OCTANE FAN EXPERIENCES FOR FORMULA 1® HEINEKEN LAS VEGAS GRAND PRIX 2026, NOVEMBER 19-21
MGM Resorts unveiled its race-week lineup for the fourth Formula 1 Heineken Las Vegas Grand Prix, running November 16-22 across Bellagio, ARIA, The Cosmopolitan and Park MGM.
The 'MGM Zone' programming includes F1 team activations featuring Carlos Sainz and the Haas F1 Team, celebrity-chef dining takeovers, luxury retail pop-ups, and viewing experiences aimed at driving visitation during race weekend.
The release is promotional in nature with no financial metrics disclosed; its relevance is limited to potential Las Vegas room, food-and-beverage, and entertainment demand during race week.
• 4d ago AI analysis › Press Release
BetMGM launches exclusive House of the Dragon™ title from Blueprint Gaming
BetMGM launched the exclusive House of the Dragon slot from Blueprint Gaming in Alberta and Ontario, available exclusively for an initial six-week window.
The launch follows the Game of Thrones slot, which debuted exclusively at BetMGM Casino in Ontario in April and was ranked among Canada's top-performing new online casino game launches by Eilers & Krejcik Gaming.
The release highlights BetMGM's strategy of securing high-profile branded iGaming content; BetMGM is a 50/50 venture of MGM Resorts (NYSE: MGM) and Entain, so incremental iGaming revenue accrues only partially to MGM.
• 5d ago AI analysis › Press Release
BetMGM Renews Partnership with National Hockey League Star Connor McDavid
BetMGM, the joint venture between MGM Resorts and Entain, renewed its ambassador partnership with NHL star Connor McDavid.
The renewed agreement focuses on responsible gambling content in Canada across broadcast, digital and social platforms, promoting player-protection tools such as deposit limits and self-exclusion.
The company says its "Mullet Over" campaign, launched in December 2025, contributed to a 27% year-over-year increase in accounts with deposit limits. The deal is a routine marketing renewal with no disclosed financial terms and no direct material impact on MGM Resorts.
• 10d ago AI analysis › Press Release ⚠ 3
BETMGM Q3 2026 BUSINESS UPDATE
BetMGM, the 50/50 joint venture between MGM Resorts and Entain, reported Q3 2026 net revenue of $710 million, up 7% year-over-year, with Adjusted EBITDA more than doubling to $86 million (+112% YoY).
iGaming net revenue of $483 million (+6%) and Online Sports of $216 million (+7%) drove growth, supported by World Cup engagement, a sportsbook refresh ahead of NFL season, and a successful Alberta launch. BetMGM holds a podium 14% GGR market share, including 20% in iGaming.
BetMGM reiterated FY26 guidance but is tracking toward the lower end of the $2.9-$3.1 billion net revenue and $300-$350 million Adjusted EBITDA ranges. Average monthly actives declined 3% YoY, which management attributed to refined player acquisition, while per-player economics improved.
MGM received $68 million of Q3 cash from BetMGM across Parent Fees and distributions, a positive read-through ahead of MGM's October 28 earnings.
• 12d ago AI analysis › Press Release
BetMGM Voted Most Trusted Online Casino Brand* in the 2026 BrandSpark Most Trusted® Awards
BetMGM, the 50/50 joint venture of MGM Resorts International (NYSE: MGM) and Entain Plc, was voted the Most Trusted Online Casino Brand in America in the 2026 BrandSpark American Trust Study.
The recognition is based on an independent survey of more than 35,000 U.S. consumers conducted in partnership with Newsweek, with BetMGM noted for reliability, dependable payouts and platform credibility, especially among higher-income and older demographics.
The award is a brand-marketing milestone with no stated financial impact; BetMGM's online casino lists over 7,000 titles and a 25-plus game exclusive progressive jackpot network.
• 18d ago AI analysis › Press Release
Notice of BetMGM Q3 2026 Update and Conference Call
BetMGM, the 50/50 joint venture between MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), will release its Q3 2026 business update on Tuesday, October 13, 2026.
Management will host an audio webcast with Q&A at 9am ET, covering the July 1 - September 30, 2026 period.
The notice also confirms upcoming Q3 earnings dates: Entain on October 15, 2026, and MGM Resorts International on October 28, 2026.
No financial results or guidance are included in this release; it is a scheduling announcement only.
• 19d ago AI analysis › Press Release
The Cosmopolitan of Las Vegas to Unveil The Corner Store November 9
The Corner Store, a New York restaurant concept from Tilman Fertitta, Eugene Remm and Catch Hospitality Group, opens at The Cosmopolitan of Las Vegas on November 9, with reservations now available.
The venue is Catch Hospitality Group's first West Coast expansion of the brand and deepens its relationship with MGM Resorts, which began with CATCH at ARIA in 2018.
The opening is a modest amenity enhancement for The Cosmopolitan rather than a financially material event for MGM.
• 23d ago AI analysis › Press Release
MGM Resorts International Announces Third Quarter Earnings Release Date
MGM Resorts will release Q3 2026 financial results after market close on Wednesday, October 28, 2026.
A conference call with Q&A is scheduled for 5:00 p.m. ET that day, with supplemental slides posted to the investor relations site beforehand.
This is a scheduling notice only; no financial figures or guidance were disclosed.
• 27d ago AI analysis › SEC Filing ⚠ 2
MGM: SCHEDULE 13D/A · ownership disclosure
People Incorporated (formerly IAC), holding 66,822,350 MGM shares or approximately 26.5% of shares outstanding, filed Amendment No. 9 to its Schedule 13D disclosing it withdrew its September 2026 non-binding proposal to acquire all MGM shares it does not already own.
The filing states People remains open to and interested in the possibility of a strategic transaction with MGM and will consider a range of alternatives, so the withdrawal removes an immediate buyout catalyst without ending M&A speculation.
No transactions in MGM shares occurred in the 60 days prior to this amendment, and People says it will continue reviewing its investment and may acquire or dispose of shares or explore strategic or business transactions with the issuer.
SEC SCHEDULE 13D/A • 1mo ago AI analysis › Press Release ● Major ⚠ 2
MGM Resorts International's Board of Directors Confirms Commitment to Execution of MGM Resorts' Strategy as a Standalone Company
MGM Resorts confirmed that People Incorporated has withdrawn its June 1, 2026 proposal to acquire all MGM shares it does not already own, ending months of negotiations with a special committee of the board.
MGM will continue as a standalone company, with Chairman Paul Salem pointing to its Las Vegas leadership, BetMGM momentum, MGM China, and the MGM Osaka development in Japan as the path to shareholder value.
For shareholders, the withdrawal removes the near-term buyout premium; the stock's catalyst now shifts back to standalone execution and the Japan integrated-resort timeline.
• 1mo ago AI analysis › Press Release
PEOPLE INCORPORATED WITHDRAWS PROPOSAL TO PURCHASE ALL PUBLIC SHARES OF MGM RESORTS INTERNATIONAL
prnewswire.com • 1mo ago Press Release
Maple Gold to Participate in the Gentile Mining Investor Forum and Michael Gentile Mining & Metals European Roadshow
Maple Gold Mines will participate in the inaugural Gentile Mining Investor Forum in London on October 19, 2026, and continue through the Michael Gentile Mining & Metals European Roadshow in Paris, Frankfurt, Zurich, and Munich from October 20 to 23.
The program is presented by strategic junior mining investor Michael Gentile in partnership with Amvest Capital, and Maple Gold is one of six portfolio companies taking part in the full five-city schedule of one-on-one meetings and issuer showcases before up to 150 investors, family offices, and wealth managers.
Management, led by President & CEO Kiran Patankar, plans to share updates on the 100%-owned Douay/Joutel gold project in Québec's Abitibi belt, which hosts a mineral resource estimate of 905,000 oz Au Indicated and 4,297,000 oz Au Inferred.
• 1mo ago AI analysis › Press Release ⚠ 2
BetMGM Begins Building “The Traitors” Franchise with the Launch of The Traitors™ Faithful Riches in Alberta and Ontario
BetMGM launched The Traitors Faithful Riches, the first online casino game built on The Traitors reality-TV franchise, at BetMGM Casino in Alberta and Ontario.
The game debuts under a new exclusive agreement with All3Media International granting BetMGM rights to develop The Traitors IP across online slots, table games, and non-traditional casino games, with additional titles planned.
BetMGM is a joint venture of MGM Resorts International (NYSE: MGM) and Entain Plc, so the branded-content push adds differentiated iGaming content to MGM's online gaming exposure; no financial terms were disclosed.
• 1mo ago AI analysis › Press Release
T-Mobile Arena and SMKD BBQ Partner to Bring Signature Barbecue to Arena
T-Mobile Arena named Henderson-based SMKD BBQ a Venue Partner, putting a dedicated food cart with a game-day menu on the arena's Upper Concourse for Vegas Golden Knights games, concerts and other events.
SMKD BBQ, the smoke-first barbecue concept from chef Alex Reznik and Ogden Hospitality Group, opened its Henderson restaurant less than a year ago and now reaches the more than 1 million guests who visit the 20,000-seat arena annually.
For MGM the relevance is indirect: T-Mobile Arena is a privately funded joint venture between AEG and MGM Resorts International, and no financial terms of the sponsorship were disclosed, making this a venue-amenity story rather than a financial event for the filer.
• 1mo ago AI analysis › News
MGM Stock Slips 14% in 3 Months: Is the Pullback a Buying Opportunity?
zacks.com • 1mo ago Press Release ⚠ 2
BetMGM Named Official Sports Betting and Online Casino Partner of the Minnesota Vikings in Canada
BetMGM has been named the Official Sports Betting Partner and Online Casino Partner of the Minnesota Vikings in Canada under a multi-year agreement, securing rights to use Vikings marks across sports betting, online casino and marketing activities in Canada.
Alongside the deal, Vikings Big Kick LuckyTap, a casino game from Design Works Gaming, is now live exclusively at BetMGM Casino in Alberta and Ontario.
BetMGM launched in Alberta on July 13, 2026, its first international expansion since entering Ontario in 2022. MGM Resorts co-owns BetMGM with Entain, so the partnership adds NFL brand equity to the venture's Canadian footprint, though no financial terms were disclosed.
• 1mo ago AI analysis › Press Release ⚠ 2
BetMGM Debuts Comprehensive Slate of Product and Pricing Enhancements for Football Season
BetMGM unveiled its 2026-27 football season lineup on September 9, combining app performance upgrades, expanded Cash Out, and premium Odds Flash spread pricing with new features BetDefense, which returns stakes on first-quarter player-prop injuries, and Legendary Thursdays bonuses tied to Thursday night games.
Promotional depth includes Ultimate Teams, a free-to-play game with a weekly $50,000 Bonus Bets jackpot, and a First Bet Offer of up to $1,500 for eligible new players, with most offers excluded in roughly a dozen jurisdictions.
BetMGM, the joint venture between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), operates in 31 markets and is committing $320,000 jointly with MGM Resorts to responsible gaming initiatives this September.
The release is a seasonal marketing push with no revenue, hold, or guidance figures, so it reads as an engagement and promotional-intensity signal rather than a financial disclosure.
• 1mo ago AI analysis › Press Release
Paramount+ and T-Mobile Arena Launch Paramount+ Plaza in New Multi-Year Partnership
MGM Resorts International’s T-Mobile Arena has renamed its two-acre outdoor plaza as Paramount+ Plaza in a multi-year partnership with Paramount+.
The deal names Paramount+ the venue’s exclusive streaming partner and creates a new experiential platform for the streaming service to engage fans during major events like UFC and boxing.
The plaza will debut during the Garcia vs. Benn fight week on Sept. 11-12, featuring a new Paramount+ lounge and live fight streams.
• 1mo ago AI analysis › Press Release
MGM RESORTS ANNOUNCES BLOCKBUSTER ROSTER OF CULINARY ICONS AND BEVERAGE VISIONARIES AT BELLAGIO FOUNTAIN CLUB FOR FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX 2026
MGM Resorts announced the culinary and beverage lineup for the Bellagio Fountain Club during the 2026 Formula 1 Heineken Las Vegas Grand Prix.
The roster features renowned chefs including José Andrés, David Chang, and Jean-Georges Vongerichten, alongside hospitality partners such as JKS Restaurants and Catch Hospitality Group.
Tickets for the event, taking place Nov. 19-21, are available via Ticketmaster as the club returns for a fourth year following three consecutive sell-outs.
• 1mo ago AI analysis › Press Release ⚠ 1
MGM RESORTS & BETMGM COMMIT $300,000 TO RESPONSIBLE GAMING RESEARCH & PARTNERSHIPS
MGM Resorts and BetMGM partnered with the American Gaming Association to support Responsible Gaming Education Month, committing a combined $320,000 to research and state problem gambling councils.
The companies certified 3,000 employees as GameSense Advisors and are expanding responsible gaming messaging to Las Vegas NHL and WNBA arenas.
Initiatives include collaborations with Carleton University, the Evive Foundation, and the 1-800-GAMBLER helpline to promote player protection.
• 1mo ago AI analysis › Press Release
Jon Hamm and BetMGM Bring Fans Inside the Legends Lounge for New Football Season Campaign
globenewswire.com • 1mo ago News
MGM (MGM) Down 5.9% Since Last Earnings Report: Can It Rebound?
zacks.com • 1mo ago Press Release
MGM RESORTS LEADS LAS VEGAS WITH FOUR MICHELIN STARS AS JOËL ROBUCHON AT MGM GRAND EARNS THE SOUTHWEST'S ONLY TWO-STAR DISTINCTION
MGM Resorts led Las Vegas operators in the inaugural MICHELIN Guide Southwest with four stars across three properties, solidifying its status as a top dining destination.
Joël Robuchon at MGM Grand secured the region's only Two MICHELIN Star distinction, while é by José Andrés and L'Atelier de Joël Robuchon each earned One Star.
A total of six MGM restaurants were honored, including Bib Gourmand and MICHELIN Selected designations for China Poblano, Gymkhana, and Michael Mina Bellagio.
• 1mo ago AI analysis › News
People Inc: MGM Stake Now Exceeds The Entire Market Cap (Rating Upgrade)
seekingalpha.com • 2mo ago News
MGM Resorts International Is Worth Betting On
seekingalpha.com • 2mo ago Press Release
BetMGM Brings Authentic Live Dealer Gaming from Las Vegas to Alberta
BetMGM has launched live dealer casino games in Alberta, streaming content directly from MGM Resorts International's Las Vegas properties including MGM Grand and Bellagio.
The offering features real-time blackjack, roulette, and baccarat, utilizing Playtech technology to create Dual Play tables where online and in-person participants can join the same game.
This expansion leverages Alberta's regulatory framework to provide a unique, immersive gaming experience that bridges online platforms with physical casino floors.
• 2mo ago AI analysis › Press Release
Awager and BetMGM Bring Real Casino Slot Machines Online Through New Partnership
BetMGM, a joint venture between MGM Resorts International and Entain, partnered with Awager to launch live-streamed land-based slot machines for players in New Jersey.
The new offering features 50 physical slot cabinets and more than 30 unique game titles, including popular Aristocrat games like Buffalo Ascension and Lightning Link.
This technology bridges land-based and digital gaming, allowing players to remotely control physical machines via a live 4K video stream.
• 2mo ago AI analysis › Press Release
The MGM Resorts Foundation Awards More Than $4.6M to Local Charities
The MGM Resorts Foundation awarded $4.6 million in grants to 211 nonprofit organizations, funded by employee and guest contributions.
Grants support communities across multiple states where MGM Resorts employees live and work, with volunteers reviewing applications to select recipients.
Notable recipients include Shoes That Fit and Gamers Outreach, which received funding in multiple regions.
• 2mo ago AI analysis › News
People Inc. Targets MGM Deal, Buybacks as It Seeks Sales of Non-Core Assets
marketbeat.com • 2mo ago News
Is MGM Stock a Buy at 0.67X Sales Despite Growth and Execution Risks?
zacks.com • 2mo ago Press Release
BetMGM Secures Exclusive First-to-Market Rights to New Rakin' Bacon!® Games in Alberta
globenewswire.com • 2mo ago News
MGM Rallies 22.5% in 3 Months as Investors Weigh Its Staying Power
zacks.com • 2mo ago News
MGM's $546M Northfield Sale Boosts Buyback and Liquidity Flexibility
zacks.com • 2mo ago Press Release
Maple Gold Reports Final Joutel Winter Drill Results, Including 8.6 g/t Gold over 4.2 Metres Within 2.5 g/t Gold over 18.3 Metres in the Eagle Mine Area, and Launches Expanded, Fully Funded 25,000 Metre Fall Drill Campaign
Maple Gold reported final winter drill results from the Joutel project, featuring high-grade intercepts such as 8.6 g/t gold over 4.2 metres within a broader 2.5 g/t interval over 18.3 metres, extending mineralization 450 metres beyond historical mine workings.
The company noted these results were excluded from the recent maiden Joutel resource estimate, which comprises 126,000 indicated ounces and 992,000 inferred ounces, bringing the total Douay/Joutel project resources to over 5 million ounces.
Maple Gold has launched a fully funded 25,000-metre fall drill campaign with a $9 million budget, supported by its approximately $23 million treasury, to further accelerate resource growth and conversion.
• 2mo ago AI analysis › Press Release
Game of Thrones™ Goes Live with BetMGM in Alberta, Building on Record-Setting Ontario Debut
BetMGM has launched the Game of Thrones slot game in Alberta, Canada, following a record-setting debut in Ontario.
Since its Ontario launch, the title has delivered record engagement metrics and was ranked fifth among Canada's best-performing new online casino game launches by Eilers & Krejcik Gaming.
Developed with Blueprint Gaming and Warner Bros. Discovery Global Experiences, the game features a Money Collect mechanic and unlockable house modifiers based on the HBO series.
• 2mo ago AI analysis › Press Release
Marriott Bonvoy and BetMGM Bring Rewards Collaboration to Canada
globenewswire.com • 2mo ago News
People Inc. Profit More Than Doubles on Gains From MGM Investment
wsj.com • 2mo ago News
MGM Resorts Q2 Earnings Miss Estimates, Revenues Rise Y/Y
zacks.com • 2mo ago News
MGM Resorts International Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
MGM Resorts International (MGM) (Q2 2026) Earnings Call Highlights: Record Revenue and Digital Growth Amidst Las Vegas Challenges
gurufocus.com • 2mo ago News
MGM (MGM) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
zacks.com • 2mo ago News
MGM Resorts (MGM) Misses Q2 Earnings Estimates
zacks.com • 2mo ago News
MGM Resorts International (MGM) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago Press Release ⚠ 2
MGM China Reports 2026 Interim Financial Data
MGM China, a majority-owned subsidiary of MGM Resorts, reported record net revenue of HK$17.4 billion for the first half of 2026, up from HK$16.7 billion in the prior year, while adjusted EBITDA dipped to HK$4.8 billion from HK$4.9 billion due to a lower VIP win rate.
The subsidiary maintained a solid 15.9% market share in Macau with 93.5% average occupancy and announced the acquisition of MGM Asia Pacific Limited from parent MGM Resorts International to expand its mainland hospitality footprint.
The acquisition includes MGM Hospitality, which manages eight operating hotels and has 12 projects under development across mainland China.
• 2mo ago AI analysis › News
MGM Resorts Posts Higher Profit and Revenue Driven By Las Vegas
wsj.com • 2mo ago News
Is MGM Resorts International (MGM) Undervalued After Q2 Earnings Beat? EPS at $1.11 on $4.50B Revenue - GF Score: 80/100
gurufocus.com • 2mo ago SEC Filing ⚠ 4
MGM: 10-Q · periodic report
MGM Resorts International reported second quarter 2026 revenue of $4.45 billion, a 1% increase compared to the prior year quarter, driven by growth in Las Vegas Strip Resorts and MGM Digital. Net income attributable to MGM Resorts International increased significantly to $292.4 million, or $1.11 per share, compared to $49.0 million, or $0.18 per share, in the prior year period. The substantial earnings growth was primarily driven by a $255 million gain on the sale of MGM Northfield Park operations and a favorable swing in foreign currency transactions, partially offset by a $111 million goodwill impairment charge within the MGM Digital segment.
During the quarter, the company completed the divestiture of MGM Northfield Park to Clairvest Group Inc. for $546 million in cash, resulting in the removal of the asset from its master lease with VICI Properties. Consequently, annual cash rent was reduced by $53 million. Despite the gain, operational performance in Regional Operations declined 4% year-over-year due to the disposition, while Las Vegas Strip Resorts saw a 3% revenue increase.
MGM Resorts ended the quarter with $2.5 billion in cash and cash equivalents and $6.1 billion in total debt. The company actively returned capital to shareholders, repurchasing approximately $164 million of common stock during the quarter, leaving $1.4 billion remaining under its authorization. Additionally, MGM China refinanced its near-term maturities by issuing $750 million in 6.25% notes due 2033 to repay $750 million of notes maturing in 2026.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major ⚠ 3
MGM RESORTS INTERNATIONAL REPORTS SECOND QUARTER 2026 FINANCIAL AND OPERATING RESULTS
MGM Resorts reported record second-quarter revenue of $4.5 billion, up 1% year-over-year, with net income surging to $292 million from $49 million in the prior year.
Adjusted EBITDA declined to $610 million from $648 million, and Adjusted EPS fell to $0.59 from $0.79, driven by higher tax expenses and foreign currency impacts, while GAAP EPS of $1.11 significantly beat expectations.
Operational highlights included a second consecutive quarter of Las Vegas Strip revenue growth, all-time best regional same-store revenue, and a 20% jump in MGM Digital revenue, alongside the repurchase of 4 million shares for $164 million.
• 2mo ago AI analysis › News
Entain's BetMGM Sees iGaming Growth, but Guides Toward Low End After Soft Q2
marketbeat.com • 2mo ago Press Release ⚠ 3
BETMGM Q2 2026 BUSINESS UPDATE
BetMGM, the 50/50 joint venture between MGM Resorts and Entain, reported Q2 net revenue of $711 million, up 3% year-over-year, driven by an 8% increase in iGaming revenue to $483 million.
Adjusted EBITDA for the quarter was $74 million, bringing H1 Adjusted EBITDA to $99 million, though management now expects full-year results to land at the lower end of previous guidance ranges.
The company pushed back its timeline to achieve $500 million in annual Adjusted EBITDA, noting the target will now be reached beyond 2027 due to regulatory complexity and competitive pressure.
• 2mo ago AI analysis › Press Release
Rob Riggle to Host Vegas Fantasy Football Draft with BetMGM and Marriott Bonvoy
BetMGM and Marriott Bonvoy relaunched their Vegas Fantasy Draft sweepstakes, offering a winner and 11 guests an all-expenses-paid trip to Las Vegas hosted by comedian Rob Riggle.
The prize package includes a two-night stay at The Cosmopolitan of Las Vegas, round-trip flights, and a $4,000 MGM Resorts credit to be used during the draft party at the BetMGM Sportsbook at ARIA.
Participants can opt-in by linking their BetMGM and Marriott accounts, earning one entry for every $10 in cumulative qualifying wagers up to 25 entries.
• 2mo ago AI analysis › News
MGM Resorts to Post Q2 Earnings: What's in the Cards for the Stock?
zacks.com • 2mo ago News
MGM Resorts (MGM) Expected to Beat Earnings Estimates: Should You Buy?
zacks.com • 3mo ago Press Release
Maple Gold Accelerates Growth Strategy with Senior Executive Appointment and Full Consolidation of Joutel
Maple Gold appointed Alex Rodriguez as Senior Vice President, Corporate Development & Strategy, bringing over 15 years of experience including leading the sale of O3 Mining to Agnico Eagle.
The company fully exercised its option to acquire 100% of the Eagle Mine Property by completing C$1.2 million in payments and expenditures, consolidating ownership of the Joutel Mining Complex.
The Eagle property contributes 73,000 indicated and 386,000 inferred gold ounces to the company's total resource estimate of over 5.2 million ounces at the Douay/Joutel project.
• 3mo ago AI analysis › Press Release
Stock Notice: MGM Resorts ($MGM) $48.30 Per Share Offer Triggers Investigation - Current Shareholders Alerted to Protect Your Rights
Bleichmar Fonti & Auld LLP announced an investigation into the unsolicited $48.30 per share bid by Barry Diller to acquire MGM Resorts International.
The investigation focuses on potential breaches of fiduciary duty and conflicts of interest, noting Diller's role as a director and the governance agreement held by People, Inc.
Current shareholders are solicited to contact the firm to discuss their rights regarding the proposed transaction.
• 3mo ago AI analysis › Press Release
$MGM Stock Notification: MGM Resorts Receives $48.30 per share Offer for Outstanding Shares - Investigation on behalf of Current Shareholders Initiated
Bleichmar Fonti & Auld LLP announced an investigation into potential breaches of fiduciary duty by the board of MGM Resorts International regarding Barry Diller's unsolicited bid to acquire remaining shares.
The investigation focuses on conflicts of interest arising from Diller's role as a director and his control of People, Inc., MGM's largest shareholder, in connection with the $48.30 per share offer.
Current shareholders are encouraged to contact the firm to discuss their rights and potential legal options on a contingency fee basis.
• 3mo ago AI analysis › Press Release
Notice of BetMGM 2Q 2026 Update and Conference Call
MGM Resorts International announced that its joint venture BetMGM will release its second quarter 2026 business update on July 28, 2026.
The update covers the period from April 1 to June 30 and will be followed by a management webcast and Q&A session at 9:00am ET.
MGM Resorts is scheduled to report its own second quarter earnings on July 29, 2026.
• 3mo ago AI analysis › News
MGM Resorts Negotiates Possible Acquisition Deal with People Inc.
gurufocus.com • 3mo ago News
MGM Resorts Could Be Headed for a Sale as Casino Stocks Become Hot Takeover Targets
barrons.com • 3mo ago Press Release
$MGM Legal News: Current MGM Resorts Shareholders Notified of Pending Investigation into $48.30 Offer Price
Bleichmar Fonti & Auld LLP announced it is investigating Barry Diller's unsolicited bid to acquire MGM Resorts International for $48.30 per share.
The firm is probing potential breaches of fiduciary duty, citing conflicts of interest as Diller is an MGM director and his company People, Inc. is the largest stockholder.
This release is a solicitation urging current shareholders to contact the firm to discuss their rights; it is not an issuer disclosure.
• 3mo ago AI analysis › News
MGM Resorts in Deal Talks With Barry Diller
wsj.com • 3mo ago Press Release
MGM Alert: MGM Resorts Investigation Over $48.30 Offer Price is Pending - Current Shareholders Urged to Protect Your Rights
Bleichmar Fonti & Auld LLP announced an investigation into Barry Diller's unsolicited $48.30 per share bid to acquire MGM Resorts International.
The firm alleges potential breaches of fiduciary duty and conflicts of interest, noting Diller serves on MGM's board while controlling People Inc., the largest shareholder making the offer.
This is a routine shareholder solicitation by a plaintiff law firm; no new material information has been disclosed by MGM itself.
• 3mo ago AI analysis › Press Release
$MGM Investigation: MGM Resorts Faces Investigation into People's $48.30 per share Offer for Remaining Shares
Bleichmar Fonti & Auld LLP announced an investigation into Barry Diller's unsolicited bid to acquire MGM Resorts International for $48.30 per share.
The firm is soliciting shareholders to discuss potential legal rights regarding breaches of fiduciary duty and conflicts of interest, noting Diller's role as a board member and controlling shareholder of the bidder.
This release is a plaintiff law-firm solicitation seeking contingency-fee representation, not an issuer disclosure of new material developments.
• 3mo ago AI analysis › Press Release
MGM Investment: MGM Resorts Investigation Focuses on $48.30 per share Offer; Investors Notified to Protect Your Rights
Bleichmar Fonti & Auld LLP announced it is investigating MGM Resorts regarding Barry Diller's unsolicited bid to acquire the company for $48.30 per share.
The firm is examining potential breaches of fiduciary duty and conflicts of interest, noting Diller's position on the board and his control over People, Inc., MGM's largest shareholder.
Shareholders are being solicited to contact the firm to discuss their rights, though no legal action has been filed by the issuer or certified by a court.
• 3mo ago AI analysis › 28 law-firm class-action alerts 6 fund position changes (13F filings)Recent SEC filings with analysis