MGM - MGM Resorts International

NYSE - NYSE Delayed Price. Currency in USD
31.20
+0.38 (+1.23%)
At close: 4:00PM EDT
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Previous Close30.82
Open30.71
Bid0.00 x 0
Ask0.00 x 0
Day's Range30.54 - 31.30
52 Week Range27.88 - 38.41
Volume10,601,238
Avg. Volume9,984,038
Market Cap17.372B
Beta1.53
PE Ratio (TTM)9.21
EPS (TTM)3.39
Earnings DateAug 2, 2018
Forward Dividend & Yield0.48 (1.66%)
Ex-Dividend Date2018-06-07
1y Target Est38.38
Trade prices are not sourced from all markets
  • MGM turns to never-tested law to sue Vegas shooting victims
    Associated Press2 days ago

    MGM turns to never-tested law to sue Vegas shooting victims

    LAS VEGAS (AP) — The unprecedented move from MGM Resorts International to sue hundreds of victims of last year's mass shooting in Las Vegas using an obscure U.S. law never tested in court has been framed by the casino-operator as an effort to avoid years of costly litigation — but the legal maneuver may not play out that way.

  • MGM Resorts International Honored With National Council On Problem Gambling's Corporate Social Responsibility Award
    PR Newswire2 days ago

    MGM Resorts International Honored With National Council On Problem Gambling's Corporate Social Responsibility Award

    CLEVELAND, July 20, 2018 /PRNewswire/ -- MGM Resorts International was honored with the National Council on Problem Gambling's (NCPG) Corporate Social Responsibility Award Friday at the organization's 32nd National Conference on problem gambling in Cleveland. The award – which recognizes an organization that demonstrates an outstanding commitment to social responsibility related to problem gambling – was presented in recognition of the company's ground-breaking responsible gambling program: GameSense. Launched nationwide at MGM Resorts' properties late last year, GameSense integrates responsible gambling education and support into the company's industry-leading guest service culture.

  • Why Wynn Resorts Will Be the Biggest Winner in Macau
    Motley Fool2 days ago

    Why Wynn Resorts Will Be the Biggest Winner in Macau

    Wynn Resorts continues to take market share in Macau.

  • Japan Parliament OKs law to allow up to 3 casino resorts
    Associated Press2 days ago

    Japan Parliament OKs law to allow up to 3 casino resorts

    TOKYO (AP) — Japan's parliament on Friday approved a contentious law allowing up to three casino resorts to open in this wealthy nation and possibly lure more foreign visitors.

  • PR Newswire2 days ago

    MGM Resorts Statement on Passage of Japan's Integrated Resort Implementation Act

    LAS VEGAS, July 20, 2018 /PRNewswire/ -- MGM Resorts International (MGM) said the passage today of Japan's Integrated Resort Implementation Act opens the possibility to drive significant growth in sustainable travel and tourism — particularly from international segments. Jim Murren, Chairman & CEO of MGM Resorts, commented that, "The process has been very deliberate and transparent. MGM Resorts has a full-time development team in Japan and for the past four years has been engaged in discussions in Japan's cultural and business communities.

  • Green Light for Japan Casinos Offers Jackpot to Businesses
    Bloomberg2 days ago

    Green Light for Japan Casinos Offers Jackpot to Businesses

    Now that Japan has passed a law outlining a road map for casino resorts, foreign operators from Las Vegas Sands Corp. to MGM Resorts International can start to seek out partners in their bid to tap a gaming market that may be worth as much as $25 billion. There is still a long road ahead, but talks between Japanese companies and Western operators will become more serious now that the government has given the green light. Local municipalities will eventually start requesting proposals from consortium groups that want to pitch their plans.

  • Reuters2 days ago

    Macau authorities adopt over 600 greyhounds from closed dog track

    Authorities in Macau, the world's largest gambling hub, said they will care for more than 600 greyhounds after their owner renounced them ahead of the closure of China's only dog-racing track on Saturday. The move comes after a long saga between government officials in the Chinese territory, animal rights activists, and one of the enclave's most well-known businesswomen, Angela Leong, the fourth wife of billionaire gaming magnate Stanley Ho. Leong, a long-standing Macau legislator and executive director of Yat Yuen, the company that operated Macau's Canidrome Club, has been criticised by animal rights groups such as Macau-based Anima, which said the greyhounds had been subject to cruel and inhumane conditions.

  • Reuters2 days ago

    Macau authorities adopt over 600 greyhounds from closed dog track

    Authorities in Macau, the world's largest gambling hub, said they will care for more than 600 greyhounds after their owner renounced them ahead of the closure of China's only dog-racing track on Saturday. The move comes after a long saga between government officials in the Chinese territory, animal rights activists, and one of the enclave's most well-known businesswomen, Angela Leong, the fourth wife of billionaire gaming magnate Stanley Ho. Leong, a long-standing Macau legislator and executive director of Yat Yuen, the company that operated Macau's Canidrome Club, has been criticised by animal rights groups such as Macau-based Anima, which said the greyhounds had been subject to cruel and inhumane conditions.

  • Market Exclusive3 days ago

    Market Morning: Gold Collapses, Yuan Plummets, MGM Flies High, AT&T Faces Off Justice Dept

    Stock Futures Down, Gold Hits New Lows, Dollar Up Futures are down this morning, modestly, with the S&P 500 futures (NYSEARCA:SPY) falling around 0.2%, oil (NYSEARCA:USO) down on reports of record US output, most currencies down against the US dollar (NYSEARCA:UUP), and gold (NYSEARCA:GLD) hitting new 52-week lows, though just by a week. Gold hit […] The post Market Morning: Gold Collapses, Yuan Plummets, MGM Flies High, AT&T Faces Off Justice Dept appeared first on Market Exclusive.

  • MGM Resorts Suffers Backlash After Suing Shooting Victims
    Bloomberg4 days ago

    MGM Resorts Suffers Backlash After Suing Shooting Victims

    It took just minutes for the hashtag #BoycottMGMResorts to appear on Twitter, and for people to declare they would no longer patronize the largest casino owner on the Las Vegas Strip. “Was going to stay in November already changed my reservations,” a man named Brandon Tur wrote on Twitter. The reaction to MGM Resorts International’s lawsuits against victims of the worst mass shooting in U.S. history was harsh, and probably not surprising.

  • ACCESSWIRE4 days ago

    Breakfast Technical Briefing on Melco Resorts & Entertainment and Three Other Additional Resorts & Casinos Stocks

    WallStEquities.com reexplores the Resorts and Casinos industry, which comprises companies that operate standalone resorts, casinos, or a combination of both. Stocks in today's lineup are: Melco Resorts & Entertainment Ltd (NASDAQ: MLCO), MGM Resorts International (NYSE: MGM), Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), and Penn National Gaming Inc. (NASDAQ: PENN).

  • MGM sues Vegas shooting victims in push to avoid liability
    Associated Press4 days ago

    MGM sues Vegas shooting victims in push to avoid liability

    LAS VEGAS (AP) — MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid to avoid liability for the gunfire that rained down from its Mandalay Bay casino-resort in Las Vegas.

  • The Wall Street Journal5 days ago

    [$$] business watch

    MGM Resorts International is suing some of the people associated with the deadliest shooting in modern U.S. history, including victims of the attack, to protect itself from potentially significant legal claims. MGM owns the Mandalay Bay Casino & Resort, where Stephen Paddock shot into a crowd of concertgoers with high-powered guns from a room on the Las Vegas hotel?s 32nd floor in October. In lawsuits, filed Friday in Las Vegas federal court, MGM claims that more than 2,500 people have sued it or its subsidiaries or had threatened to do so in connection with the shooting.

  • The Wall Street Journal5 days ago

    [$$] MGM Resorts Sues to Protect Itself from Las Vegas Massacre Claims

    MGM owns the Mandalay Bay Casino & Resort in Las Vegas, where Stephen Paddock shot into a crowd of concertgoers with high-powered guns from a room on the hotel’s 32nd floor last October. In lawsuits filed last Friday in federal courts in Las Vegas and Los Angeles, MGM claims that more than 2,500 people have sued it or its subsidiaries, or had threatened to do so in connection with the shooting. In its lawsuits, MGM said complaints or threats of legal action claim the company was liable for the deaths, injuries and emotional distress resulting from Paddock’s attack.

  • Reuters5 days ago

    Las Vegas hotel seeks immunity from lawsuits by shooting victims

    The owners of Mandalay Bay, the Las Vegas hotel from which a gunman launched the deadliest mass shooting in modern U.S. history, have filed countersuits against victims seeking immunity from damage claims they might bring. MGM Resorts International, in lawsuits filed in federal courts in Las Vegas and Los Angeles last week, denied liability for the carnage and trauma of the October 2017 rampage in which 58 people were killed and hundreds of others injured. Since the attack more than 2,500 people have sued or threatened to sue the hotel owners, according to the lawsuit filed in U.S. District Court in Nevada on Friday by MGM Resorts, Mandalay Resort Group, MGM Resorts Festival Grounds and MGM Resorts Venue Management.

  • MGM Resorts Is Suing Victims Of The Las Vegas Mass Shooting
    Bloomberg5 days ago

    MGM Resorts Is Suing Victims Of The Las Vegas Mass Shooting

    MGM Resorts International is suing the victims of the Las Vegas mass shooting in an effort to block potential compensation claims https://bloom.bg/2L5GmTK #tictocnews (Source: Bloomberg)

  • TheStreet.com5 days ago

    MGM Sues Victims of Vegas Shooting, Says Casino Is Not Liable for Claims

    is suing the more than 1,000 victims of the shooting at the Mandalay Bay in Las Vegas in order to prevent them from suing the casino resort company for the incident. Shooter Stephen Paddock opened fire on a crowd of thousands of concert-goers on October 1, killing 58 people and wounding more than 500 others. MGM counters that it should be shielded under a 2002 federal law that provides liability protection to any company that uses anti-terrorism technology.

  • CNBC5 days ago

    MGM sues more than 1,000 victims of Las Vegas shooting to avoid liability claims for massacre

    The hotel-casino company said more than 2,500 victims have filed or threatened to file cases on the liability claims for death, injury and emotional distress.

  • MGM Sues Vegas Mass-Shooting Victims in Hopes of Limiting Liability
    Bloomberg5 days ago

    MGM Sues Vegas Mass-Shooting Victims in Hopes of Limiting Liability

    MGM Resorts International sued the victims of a Las Vegas music festival mass shooting in an effort to block any potential compensation claims against it. The owner of the Mandalay Bay hotel claims a 2002 federal statute wipes out liability for any company that adopts “anti-terrorism technology,’’ which it says it did. After Stephen Paddock opened fire at festival goers from the Mandalay Bay hotel, killing 58 and wounding about 500, more than 2,500 people brought, or threatened to bring, lawsuits against MGM, the company said in a pair of complaints filed July 13.

  • Investopedia5 days ago

    3 Casino Stocks Ready for Big Rebounds

    Casino stocks took a big hit following the release of gaming data from Macau showing lackluster results. Shares of Melco Resorts & Entertainment ( MLCO), MGM Resorts International ( MGM) and Wynn Resorts Ltd. ( WYNN) all tumbled on the news, but a number of analysts believe the selloff was overdone and that investors with a longer-term perspective could be rewarded for buying in at these depressed prices, according to Barron’s. Instinet analyst Harry Curtis, while adjusting his price targets lower for both Melco and MGM, sees them rising by 27% and 25%, respectively.

  • MGM sues Vegas shooting victims and survivors, sparking outrage
    CBS MoneyWatch5 days ago

    MGM sues Vegas shooting victims and survivors, sparking outrage

    MGM is suing more than 1,000 victims and survivors of the deadliest mass shooting in modern U.S. history.

  • MGM National Harbor just completed its first expansion
    American City Business Journals6 days ago

    MGM National Harbor just completed its first expansion

    Key story highlights: MGM National Harbor recently unveiled a $48 million expansion of its casino due to "overwhelming customer demand." The expansion includes an expanded poker room, off-track horse betting, about 285 slot machines, a new bar and a fast-casual dining venue. MGM National Harbor has set new revenue records since it opened in 2016. MGM National Harbor debuted a $48 million expansion Sunday roughly 18 months after it opened in Prince George's County.

  • Lawsuit claims MGM has no liability for Las Vegas shooting
    CBS News Videos4 days ago

    Lawsuit claims MGM has no liability for Las Vegas shooting

    A lawsuit by MGM Resorts against survivors of the worst mass shooting in modern U.S. history is drawing outrage. The company claims it cannot be held financially liable for the Las Vegas massacre last October. The lawsuit seeks to have a federal judge throw out the claims of hundreds of survivors and stop new ones. Jericka Duncan reports.