|Bid||28.33 x 2200|
|Ask||28.75 x 38800|
|Day's Range||28.03 - 28.66|
|52 Week Range||26.85 - 38.41|
|PE Ratio (TTM)||8.74|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||0.48 (1.62%)|
|1y Target Est||35.00|
Tickets Go on Sale Friday, August 24, 2018 Shows Begin Saturday, April 6, 2019 LAS VEGAS , Aug. 15, 2018 /PRNewswire/ -- America's all-time top-selling rock 'n' roll band, Aerosmith, is bringing the heat ...
Casino stocks have taken a beating in recent weeks, and one Wall Street analyst says it’s time for investors to step in and buy the dip in a handful of top stocks. The Analyst Jefferies analyst David Katz ...
The National Basketball Association rolled out its new three-year sports betting partnership with MGM Resorts International in ballyhooed fashion last week, with the commissioner himself announcing the deal from a packed ballroom at an upscale Manhattan hotel, carried live on NBA TV. It was outsized treatment for an $8 million-per-year deal that will represent about one-tenth of a percent of the league’s annual revenue, a nod to the significance of the emerging sector, and the NBA’s place in it. Far from a mere corporate sponsorship, the NBA’s decision to designate an official gaming partner marks the first bold move by a major sports entity into the new frontier of legalized sports wagering.
Flip back through the playbook that lawyers from the National Basketball Association and Major League Baseball used as they lobbied states on sports betting legislation earlier this year and you’ll find a wish list that looks much like the deal points that emerged during the NBA’s negotiations with MGM. The league insisted that sportsbooks should be required to use official data to resolve bets, a matter that will grow in import as sports wagering evolves toward in-game betting. MGM agreed to not only do so, but to pay for the official, real-time data stream that only the league can provide, setting a precedent that the NBA now will take to other sportsbooks.
"We're just as hard workers as men on the job site — we lace our boots on time, just the same as they do," she says. Man-Doherty says the crew at Encore has been incredibly supportive and treats her like a daughter. The traditionally male-dominated construction industry has become increasingly welcoming to women, who are seen as part of the solution to the construction worker shortage, and a labor force that will help shore up union pensions.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
LAS VEGAS, Aug. 7, 2018 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (MGM) today announced that it, together with its venture partner, had completed the previously announced sale of Grand Victoria Casino in Elgin, Illinois, of which a subsidiary of the Company owned a 50% interest, to Eldorado Resorts for $327.5 million in cash, subject to a customary working capital adjustment. MGM Resorts received its 50 percent share of the net proceeds after certain transaction costs, or approximately $162 million. "We thank the employees of Grand Victoria Casino, who have made it a tremendous success over the years, and wish them all the best in the future," said Dan D'Arrigo, Executive Vice President and Chief Financial Officer of MGM Resorts.
Tickets for 27 Performances on Sale Monday, Aug. 13 at 10 a.m. PT; Citi Cardmember Ticket Pre-Sale Launches Thursday, Aug. 9 at 10 a.m. PT LAS VEGAS , Aug. 7, 2018 /PRNewswire/ -- Six-time GRAMMY Award-winner, ...
TORONTO , Aug. 7, 2018 /CNW/ - theScore, Inc. (TSX Venture: SCR), a leader in digital sports media, today announced that senior interactive gaming and sports betting executive David Wang has joined as a Senior Advisor to the Company as it evaluates US sports betting opportunities. Wang, who has more than 15 years of experience in the interactive gaming and sports betting space, has held various senior executive roles for leading global gaming operators including Wynn Resorts (WYNN) and MGM Resorts (MGM) and is currently CEO of bet.works, a privately held investment company focused on regulated US sports betting.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the deal between MGM Resorts (MGM) and the NBA, which could lay the foundation for the future of sports betting in the U.S.
U.K. bookmaker William Hill is planning a major U.S. expansion after rival Paddy Power announced a sports betting partnership with Boyd Gaming.
Casinos have been trounced this week by earnings and Macau data. Both Wynn Resorts (WYNN) and MGM Resorts International (MGM) disappointed when they reported earnings this week, dragging down casinos in general, a blow following downbeat July gaming data from Macau. Analysts are still weighing in on the results, and even bulls think that the stocks have to step up their game.
MGM Resorts is the latest gambling giant to post disappointing results and cut its business forecast as demand wanes in both Las Vegas and Macau. BI Gaming & Lodging Analyst Margaret Huang breaks down ...
Casino operator Boyd Gaming Corp and fantasy sports company FanDuel Group on Thursday said they were joining in a strategic partnership to run online and mobile sports betting operations in the United States. The partnership comes after other recent agreements that broaden the reach and size of major players in the new U.S. legal sports betting market, which is beginning to take shape in the wake of a May court decision allowing states to legalize the wagers. On Monday, Boyd had also announced a separate deal with MGM Resorts International, to help bolster U.S. market access.
Carolyn Goodman, the mayor of Las Vegas, discusses whether Las Vegas slowdown fears are overblown, as major casino stocks are down in the last month due to a lack of scheduled events in July and August.