MGM - MGM Resorts International
| Previous Close | 25.82 |
| Open | 25.53 |
| Bid | 0.00 x 3200 |
| Ask | 0.00 x 1300 |
| Day's Range | 25.13 - 25.67 |
| 52 Week Range | 21.62 - 32.18 |
| Volume | 3,791,458 |
| Avg. Volume | 6,474,936 |
| Market Cap | 13.629B |
| Beta (3Y Monthly) | 1.08 |
| PE Ratio (TTM) | 53.98 |
| EPS (TTM) | 0.47 |
| Earnings Date | Jul 31, 2019 - Aug 5, 2019 |
| Forward Dividend & Yield | 0.52 (1.95%) |
| Ex-Dividend Date | 2019-06-07 |
| 1y Target Est | 33.44 |
- PR Newswire•13 hours ago
MGM Resorts International Strengthens Global Commitment to Anti-Human Trafficking Efforts
LAS VEGAS, May 23, 2019 /PRNewswire/ -- After years of independent anti-human trafficking activity MGM Resorts has signed ECPAT's Tourism Child-Protection Code of Conduct (The Code), a worldwide network of organizations working to end the sexual exploitation of children. ECPAT supports shelters for survivors and law enforcement training, conducts a wide range of research of human trafficking to inform policy making and advocates for change with governments, business and other societal institutions.
- Bloomberg•15 hours ago
Will Las Vegas Glitz Play in Boston? Wynn Will Soon Find Out
After holding discussions to sell its $2.6 billion Massachusetts project to MGM Resorts International -- talks that sparked an outcry from local officials -- the company has decided to keep the property. When it opens next month, Encore Boston Harbor will be the flashiest casino on the East Coast. The Wynn style -- with its floral sculptures, modern art and emphasis on high-end dining -- hasn’t always traveled well.
- Zacks•18 hours ago
MGM Resorts (MGM) Gains From Macau Business Amid High Debt
MGM Resorts' (MGM) focus on non-gaming activities is likely to aid growth, whereas high debt-laden business remains a concern.
- PR Newswire•yesterday
MGM Resorts' M life Rewards Hosts 'All In For Service' Poker Tournament July 13 & 14
Company Celebrates Military & Veterans Program (MVP) Second Anniversary with Tournament Benefiting Military Non-Profits LAS VEGAS , May 22, 2019 /PRNewswire/ -- This summer, MGM Resorts is going "all ...
- American City Business Journals•2 days ago
After sale talk, Encore Boston Harbor team confirms June 23 opening
The Massachusetts Gaming Commission met just hours after Wynn Resorts and MGM International confirmed they were no longer considering the sale of the Encore Boston Harbor in Everett.
- American City Business Journals•2 days ago
A look at Borgata's $12M sportsbook-and-bar venue set to open in June (Video)
Atlantic City's Borgata will look to ramp up its sports betting revenue from less than $25,000 in April.
- PR Newswire•2 days ago
Borgata Hotel Casino & Spa Announces Debut Of Moneyline Bar & Book With Adjacent Level One Cocktail Bar & Lounge
ATLANTIC CITY, N.J., May 22, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa today announced the June 29 opening for Moneyline Bar & Book and Level One Cocktail Bar & Lounge. Adding more than $12 million in development to the casino-resort, the debut reinforces Borgata's position as the market's leading destination for sports and entertainment. Designed by Nelson Worldwide with the sports enthusiast in-mind, guests are welcomed into Moneyline Bar & Book by a 40-foot wide by 11.5-foot tall LED video wall with 17 additional 98-inch and 86-inch displays surrounding the 8,000-square-foot venue.
- Zacks•2 days ago
Wynn Resorts Ends Massachusetts Casino Sale Talks With MGM
Wynn Resorts (WYNN) decides to stop the discussion regarding the sale of $2.6-billion Encore Boston Harbor to MGM Resorts.
- MarketWatch•2 days ago
MGM breaks off talks to buy Wynn’s Encore Boston casino
MGM Resorts International says it will no longer pursue buying Encore Boston Harbor from Wynn Resorts. MGM (MGM) said Tuesday that stakeholders have concerns. The $2.6 billion casino is scheduled to open next month in Everett, Massachusetts.
Associated Press•2 days agoMGM discontinues talks with Wynn on Encore Boston purchase
BOSTON (AP) — MGM Resorts International says it will no longer pursue buying Encore Boston Harbor from Wynn Resorts.
- Reuters•2 days ago
Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino
"After careful consideration we have agreed to cease discussions with MGM Resorts," Las Vegas-based Wynn said in a statement, adding it is still committed to opening and operating the 671-room casino. The two companies announced last week that Wynn Resorts was in talks to sell its nearly finished $2.6 billion (2.04 billion pounds) Encore Boston Harbor casino in Everett, Massachusetts, to rival MGM. MGM in response said in a statement the company would not continue talks with Wynn Resorts regarding the Massachusetts casino.
- American City Business Journals•2 days ago
MGM, Wynn drop talk of Encore Boston Harbor casino sale
Wynn Resorts Ltd. and MGM Resorts International say conversations regarding the sale of Wynn’s $2.6 billion Encore Boston Harbor resort are over. Wynn (NASDAQ: WYNN) and MGM (NYSE: MGM) had acknowledged their preliminary conversations regarding a potential sale in a statement late Friday afternoon. MGM won a Massachusetts gambling license in 2014 and operates a $1 billion Springfield casino, which opened in August 2018.
GuruFocus.com•2 days agoWhy MGM Resorts Has Recovery Potential
An increasing focus on efficiency could lead to a successful turnaround for MGM Resorts International (MGM). The casino and resorts operator is investing heavily in changing its business model in order to reduce costs and optimize its resources. It is also becoming increasingly innovative as the prospect of gaining entry to Japan's lucrative casino gaming industry could enhance its long-term outlook.
Yahoo Finance•3 days agoHard Rock eyes 'next level' success with $1.5B resort hotel
Hard Rock International Chairman Jim Allen talks about the company's $1.5B resort, hotel expansion.
- Zacks•3 days ago
The Zacks Analyst Blog Highlights: Wynn Resorts, MGM Resorts International, Walt Disney, Caesars Entertainment and Stars Group
The Zacks Analyst Blog Highlights: Wynn Resorts, MGM Resorts International, Walt Disney, Caesars Entertainment and Stars Group
- American City Business Journals•3 days ago
Speaker DeLeo says he will ‘closely monitor’ Wynn/MGM conversations
The Massachusetts House speaker told the Business Journal last month he considered it "very important" for the $2.6 billion Encore Boston Harbor casino to open on time.
- PR Newswire•4 days ago
Janet Jackson Tears The Roof Off Vegas With Thrilling And Next Level New Residency Metamorphosis
STAR-STUDDED OPENING WEEKEND AT PARK MGM LAS VEGAS FRIDAY, MAY 17 & SATURDAY, MAY 18 LAS VEGAS , May 20, 2019 /PRNewswire/ -- Global music icon Janet Jackson blazed into Las Vegas with fire, lights, ...
- Zacks•4 days ago
Gambling Stock Roundup: WYNN to Sell Massachusetts Casino, DIS & CZR Ink Deal
Disappointing performances by gambling stocks over the last five trading days can be attributed to concerns over the trade war between Beijing and Washington.
- PR Newswire•4 days ago
Thasos Launches QStreams, Offering Quantitative Hedge Funds Unprecedented Insight Into Consumer Foot Traffic
Exclusive three-month beta program access now available to emerging hedge funds attending 2019 Battle of the Quants conference NEW YORK , May 20, 2019 /PRNewswire/ -- Thasos, an alternative data intelligence ...
- American City Business Journals•4 days ago
Everett city councilor calls news of MGM, Encore talks ‘alarming’
The news of MGM Resorts International and Wynn Resorts discussing a possible sale of the Everett casino leaves several questions unanswered.
- Reuters•6 days ago
Wynn Resorts in talks to sell $2.6 billion Massachusetts casino to MGM
Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.
- Reuters•6 days ago
Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.
Associated Press•6 days agoWynn and MGM in talks about sale of Encore Boston casino
Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston Harbor. This comes as Wynn is about to open the $2.6 billion Everett, Massachusetts, casino. The companies say the talks won't delay the Everett opening scheduled for next month.
- Associated Press•6 days ago
Business Highlights
A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China have threatened to drive down the cost of oil and gasoline. WASHINGTON (AP) -- Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump has decided against declaring commercial war on America's friends.
