|Bid||33.90 x 600|
|Ask||33.91 x 1100|
|Day's Range||33.81 - 34.62|
|52 Week Range||25.21 - 38.41|
|PE Ratio (TTM)||10.10|
|Earnings Date||Apr 25, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||0.48 (1.32%)|
|1y Target Est||40.29|
Steve Wynn will sell his remaining stake in Wynn Resorts after his exit over sexual misconduct allegations. A large casino operator in Asia will take a big stake.
FT subscribers can click here to receive FirstFT every day by email. How good is your grasp of the news? Try our weekly FirstFT quiz Stock markets have been tumbling as a trade war, prompted by US tariffs ...
Las Vegas gunman Stephen Paddock gambled, and chatted with staff who helped him carry some of the 20-plus pieces of luggage into his room, in the days leading up to the deadliest shooting in modern U.S. ...
WASHINGTON, March 22, 2018 /PRNewswire/ -- MGM Resorts International (MGM) Senior Vice President & Chief Sustainability Officer Cindy Ortega testified today before the U.S. Senate Energy and Natural Resources Committee at a hearing on the 2018 Western water supply outlook. Ortega's testimony provided a business perspective on Western water issues and highlighted MGM Resorts' sustainability efforts and role as a global leader in building and sustaining communities.
MGM Resorts (MGM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, NY / ACCESSWIRE / March 20, 2018 / Shares of Caesars Entertainment Corporation took a hit on Monday despite any news. Earlier in the month the company had announced a strong profit in its fourth ...
MGM National Harbor could get some competition somewhere in eastern Virginia. The Pamunkey Indian Tribe, which has ties to Pocahontas and received federal recognition as a Native American tribe in 2016, is pursuing a $700 million gaming facility with 1,200-room hotel, performance venue and spa, according to reports. Chief Robert Gray told The Daily Press of Newport News, Virginia , the casino would not be built on the Pamunkey’s 1,200-acre reservation in King William County just northeast of Richmond.
LAS VEGAS, March 15, 2018 /PRNewswire/ -- The non-profit MGM Resorts Foundation is gearing up for the 12th annual Women's Leadership Conference (WLC) on August 27 and 28 at the MGM Grand Hotel & Casino in Las Vegas, NV. Conference organizers are encouraging attendees to register early to ensure a seat and take advantage of the early bird registration fee of $399. Registration includes the full conference and all workshops and lectures, a networking reception, and continental breakfasts and lunches catered by MGM Grand. Time is also allotted for attendees to build key professional relationships with others while enjoying the hospitality and entertainment of MGM Grand and other MGM Resorts attractions.
LAS VEGAS, March 14, 2018 /PRNewswire/ -- MGM Resorts International (MGM) (the "Company") today announced it has appointed Jan Swartz to the Company's Board of Directors, which is now comprised of 12 members. Ms. Swartz is Group President, Princess Cruises and Carnival Australia at Carnival Corporation, the world's largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries, with a portfolio of 10 dynamic brands that include nine of the world's leading cruise lines.
LAS VEGAS, March 13, 2018 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (MGM) today announced that it will purchase 10 million shares of its common stock from Tracinda Corporation ("Tracinda") at $36.24 per share, a 1.5% discount to the market closing price on March 9, 2018, for a total aggregate amount of $362.4 million. Following the purchase, Tracinda will own approximately 27.2 million shares, or 4.8% of the Company's outstanding common stock. "With our larger scale development projects soon coming to completion, today's announcement underscores our confidence in the Company's meaningful cash flow trajectory and commitment to a balanced capital allocation strategy," said Jim Murren, Chairman and CEO of MGM Resorts.
In the wake of the sexual misconduct scandal surrounding Las Vegas casino titan Steve Wynn, Nevada gambling regulators are developing regulations on workplace sexual harassment, but employment attorneys ...
Las Vegas Sands Corp. has sold its casino in Bethlehem, Pennsylvania, for $1.3 billion, almost a year after a potential deal with MGM Resorts International fell apart.
Macau has finished drafting a proposed new law barring foreign judges from hearing national security and defense cases, an unprecedented move that has heightened concerns over Beijing's grip over the gambling hub. The proposed draft law, announced in February by Sonia Chan, the enclave's mainland-China born justice secretary, has been completed, Macau's Legal Affairs Bureau said in an email to Reuters. The draft law is part of suggested amendments to Macau's Judicial Framework Law that was implemented in 1999 when the former Portuguese colony reverted to Chinese rule.
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. Over the last one-month, outflows of investor capital in ETFs holding MGM totaled $13.49 billion.
NEW YORK, March 6, 2018 /PRNewswire/ -- While entertainment is typically viewed as filling a "leisure-time" role in people's lives, a new global research study reveals that many consider it significantly more fundamental to their identities and welfare than is commonly believed. The study, commissioned by MGM Resorts International and called the "Truth About Entertainment," found that more than 90% of respondents in the U.S. and China, and more than 80% in Japan, see entertainment as a fundamental contributor to their health and happiness. The survey also found surprising attitudes about the role of live entertainment relative to the explosive growth of digital-based and streaming entertainment options.
Gaming sales in Macau, the world's biggest market for the industry, rose 5.7% in February, missing expectations.
MGM Resorts International (NYSE:MGM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected for the big-spending holiday period but still the 19th month of consecutive gains in the ...