MGM - MGM Resorts International
| Previous Close | 31.58 |
| Open | 31.30 |
| Bid | 31.30 x 1100 |
| Ask | 31.31 x 1400 |
| Day's Range | 31.25 - 31.65 |
| 52 Week Range | 29.53 - 38.41 |
| Volume | 2,176,367 |
| Avg. Volume | 9,203,251 |
| Market Cap | 17.433B |
| Beta | 1.57 |
| PE Ratio (TTM) | 9.33 |
| EPS (TTM) | 3.36 |
| Earnings Date | Jul 25, 2018 - Jul 30, 2018 |
| Forward Dividend & Yield | 0.48 (1.36%) |
| Ex-Dividend Date | 2018-06-07 |
| 1y Target Est | 38.82 |
Associated Press•4 hours agoTens of thousands of Las Vegas casino workers OK strike
Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted to authorize a strike at any time starting June 1, a move that could cripple the city's world-famous resorts. About 25,000 members of the Culinary Union who work at 34 different casino-resorts across the tourist destination cast ballots in two sessions Tuesday, showing the collective power of the largest labor organization in Nevada. The latest strike would mean losing workers with roles critical to making a casino-hotel run: bartenders, housekeepers, cocktail and food servers, porters, bellmen, cooks and other kitchen workers.
- Motley Fool•21 hours ago
Is This Proof an MGM-Wynn Resorts Merger Is Off the Table?
The casino resort operator is spending $2 billion on itself. That wouldn't leave it much to spend on a buyout.
- PR Newswire•22 hours ago
Money Expert Suze Orman, Who Encourages Women to Take Control of Their Financial Lives, Will Speak At Las Vegas Women's Leadership Conference
LAS VEGAS, May 22, 2018 /PRNewswire/ -- Suze Orman has been called "a force in the world of personal finance" and a "one-woman financial advice powerhouse" by USA Today. The two-time Emmy Award-winning television host and author of nine consecutive #1 New York Times best sellers will impart her wisdom at The MGM Resorts Foundation's 12th annual Women's Leadership Conference (WLC). The conference will be held Aug. 27-28 at MGM Grand Hotel & Casino in Las Vegas, NV.
- Motley Fool•2 days ago
Casinos Ready to Bet Big on Sports Gambling
After Supreme Court ruling, all the major stakeholders are jockeying for position.
Associated Press•6 days agoGambling, tech firms scramble for foothold in sports betting
ATLANTIC CITY, N.J. (AP) — The prospect of legal sports betting throughout the United States has prompted a flurry of deals among gambling and technology firms who want a foothold in the billion-dollar industry.
- Forbes•6 days ago
MGM Lion Ready to Pounce As Supreme Court Allows States to Legalize Sports Betting
On Monday, the Supreme Court overturned PASPA (the Professional and Amateur Sports Protection Act that effectively banned commercial sports betting in most states), opening the door to legalizing the estimated $150 billion in illegal wagers on professional and amateur sports that Americans make every year.
- Forbes•6 days ago
Sports Betting: 4 Stocks To Bet On
The nine justices recently ruled the decades-long federal ban on sports betting violates the constitution. The Supreme Court said that in the absence of specific regulations enacted by Congress, states can allow sports betting. With more than 30 states about to enact regulations that would allow sports betting within their borders, sports betting is an industry on the rise.
- CNBC•7 days ago
The US market for sports betting is worth $150 billion? Probably not.
Sports gambling will be a big business, but probably not as big as the $150 billion number being tossed around, this Ohio State professor says in the Conversation.
- Market Exclusive•7 days ago
Market Morning Roundup: Amazon Fumes, Medical Cannabis to Follow Sports Betting?
Back to the Futures After yesterday’s selloff in equities, the S&P 500 (NYSEARCA:SPY) may attempt a bounce here off of down-trendline support at 2711. The last time a down trendline was broken to the upside on the index since volmageddon occurred in early February, the breakthrough was negated 6 days later. Nasdaq futures (NASDAQ:QQQ) are […] The post Market Morning Roundup: Amazon Fumes, Medical Cannabis to Follow Sports Betting? appeared first on Market Exclusive.
- TheStreet.com•8 days ago
Closing Bell: LIVE MARKETS BLOG
All three major indices closed Tuesday's session in the red, with the Dow Jones Industrial Average snapping an eight-day winning streak and the Dow and Nasdaq suffering their worst single-session drop in three weeks. The Dow fell 0.78%, or 193 points to 24,706, while the Nasdaq fell 0.81%, or 60 points to 7,352, while the S&P 500 fell 0.68%, or 19 points to 2,711. Seattle passed a tax on businesses in the city making more than $20 million annually, and two of the international businesses that were started in the city are voicing their displeasure.
- CNBC•8 days ago
Caesars in 'best' position for sports betting, able to set up 'very quickly': CEO
Caesars has been focused on digital and mobile platforms and the sports-betting ruling plays right into that, CEO Mark Frissora says. Caesars Entertainment CZR is in the "best" position to take advantage of legal sports betting, its CEO Mark Frissora told CNBC on Tuesday. The U.S. Supreme Court ruled Monday that states can legalize sports betting, breaking up Nevada's monopoly on the practice.
- MarketWatch•8 days ago
This is how much Americans lost on state-sanctioned gambling last year
Americans lose billions of dollars a year on sports betting, but stand to lose billions more if such wagers become commonplace nationwide. On Monday, the Supreme Court struck down a 25-year federal ban on sports betting outside of Nevada, currently the only state in the nation where it’s legally permitted. In a ruling that clears the way for states to legalize sports betting, Justice Samuel Alito sided with the state of New Jersey in its six-year battle to legalize sports betting.
- InvestorPlace•8 days ago
10 Sports Betting Stocks to Sink Your Teeth Into
The Supreme Court decided on Monday that the federal ban on sports betting that’s been in place for more than a couple of decades is an unconstitutional measure. In that as many as 32 states are already putting together rules that would govern sports betting within their jurisdiction, however, it’s pretty clear that the sports gambling landscape will be changing soon, and in a big way. To that end, here’s a run-down of the gaming stocks that will see the most benefit from legalized sports betting.
- Zacks•8 days ago
Is Legal Sports Betting Boon or Bane for Casino Gaming ETF?
Supreme Court legalizes betting on sports. Is it a medium-term good or bad for the casino ETF?
- Zacks•8 days ago
Casino Operators Cheer Court Ruling: PENN, IGT & CZR Gain
The scope for the casino operators will intensify if the betting gets legalized in other states as the illegal betting in the United States is valued at billions of dollars annually.
- Zacks•8 days ago
Mellanox Technologies, MGM Resorts International, BP, Texas Instruments and Intuitive Surgical highlighted as Zacks Bull and Bear of the Day
Mellanox Technologies, MGM Resorts International, BP, Texas Instruments and Intuitive Surgical highlighted as Zacks Bull and Bear of the Day
- Zacks•8 days ago
Should You Get Rid of MGM Resorts (MGM) Now?
MGM Resorts (MGM) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
- PR Newswire•8 days ago
Stevie Wonder Announces "The Stevie Wonder Song Party: A Celebration of Life, Love & Music" Concert Series
-- Las Vegas, NV - August 3, 4, 8, 10, 11 -- Atlantic City, NJ - August 25 & 26 -- National Harbor, MD - August 29 & 30 -- Springfield, MA - September 1 TICKETS ON SALE MONDAY, MAY 21 AT 10AM PT LOS ANGELES ...
- Associated Press•8 days ago
Casinos: Las Vegas won't hurt from sports betting decision
LAS VEGAS (AP) — Nevada for years was the only game in town if you wanted to place a bet on your favorite team. Federal law prohibited sports wagering in most states, leaving sports books in the Nevada's casinos as the only way to bet legally on football, basketball and other sports.
Associated Press•9 days agoThe Latest: Supreme Court clears way for sports betting
WASHINGTON (AP) — The Latest on the Supreme Court ruling striking down a federal law that bars gambling on football, basketball, baseball and other sports in most states (all times local):
- Reuters•9 days ago
U.S. high court paves way for states to legalize sports betting
The U.S. Supreme Court on Monday paved the way for states to legalize sports gambling, striking down a 1992 federal law that barred it in most places and setting off a rush by businesses and states to cash in on an expected multibillion-dollar jackpot. The justices endorsed New Jersey's bid to allow such wagering in a ruling that ushers in a new era for the leading U.S. sports leagues, which had sued to block the state's sports gambling law and called such betting a threat to the integrity of competition, fearing game-fixing and other types of cheating.
- CNBC•9 days ago
MGM CEO: We'll have sports betting in place 'very quickly' throughout US
MGM Resorts International has been planning for the day the U.S. Supreme Court allowed sports betting, CEO Jim Murren says.
Yahoo Finance Video•8 days agoNEWS BITES: Satellites show North Korea destroying nuclear site, Navy chief warns of 'uncertainty' in Persian Gulf, two directors leaving Wynn board
Here’s a quick wrap up of other headlines making news today.
Yahoo Finance Video•9 days agoSupreme Court paves way for states to legalize sports betting
Cancel that flight to Las Vegas next March. You might be able to bet on the final four a lot closer to home.
