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Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers LAS VEGAS, June 4, 2026 /PRNewswire/ -- MGM Resorts International is turning up the heat on summer travel with a lineup of vacation deals, high-energy entertainment and destination-wide events across its Las Vegas properties. From poolside fun and major sports event-viewing to patriotic celebrations and vacation packages, guests can live it up with a season-long slate of offerings designed for the ultimate escape.
U.S. soccer legend Tim Howard also headlines new casino and free-to-play games for players JERSEY CITY, N.J., June 4, 2026 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, is giving soccer fans more reasons to celebrate this summer, including its Goal Rush Grand Prize promotion during the 2026 World's Game.
MGM's broad reach and digital push face off against Wynn's luxury focus and higher profit margins. Dive into the numbers behind these hospitality heavyweights.
Bloomberg Intelligence's Jody Lurie joins Scarlet Fu on "Bloomberg Deals." Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn't already own, marking the latest pivot for the billionaire media mogul after overhauling IAC.
MGM leverages global luxury and digital expansion, while Caesars commands a vast U.S. footprint and loyalty program.
On June 02, 2026, MGM Resorts International (MGM) shares fell 4.6% to $48.36. This move comes after a strong performance over the past weeks, with the stock up
Robust online betting demand and robust Macau gaming revenues bode well for the Gaming industry. Stocks like LVS, MGM, CHDN and RSI benefit from improving industry trends.
SAN DIEGO, June 02, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of MGM Resorts International (NYSE: MGM) breached their fiduciary duties in connection with a potential go-private transaction involving People, Inc.
SAN DIEGO, June 02, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of MGM Resorts International (NYSE: MGM) breached their fiduciary duties in connection with a potential go-private transaction involving People, Inc. and its affiliates.
A buyout proposal for a major casino operator typically creates a straightforward path for investors. The stock price usually settles just below the offer to account for time and deal risk.
Ten grand prize winners to experience star–studded SI Beyond the Pitch event during soccer's biggest summer weekend JERSEY CITY, N.J., June 2, 2026 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and Marriott Bonvoy are teaming up to send 10 grand prize winners and their guests to New York City for VIP access to SI Beyond the Pitch, a VIP Event Series produced by Authentic Live and Medium Rare and one of the most anticipated soccer celebrations of the summer.
Entain PLC (LSE:ENT) shares climbed 3.4% to 582p on Tuesday after Deutsche Bank flagged that a proposed acquisition of MGM Resorts by People Inc, the renamed IAC, could have positive read-across implications for the FTSE 100 gambling group. People Inc, chaired by media executive Barry Diller, has proposed a $48.30 per share cash offer for MGM Resorts International, the Las Vegas-based casino and hospitality giant.
Higher travel costs have dinged the Las Vegas tourism industry recently, but some analysts say media mogul Barry Diller's roughly $12.4 billion offer for MGM Resorts International offers up fresh optimism that Vegas may be due for a rebound.
MGM Resorts got a buyout offer for $48.30 per share. The offer from People Incorporated, formerly IAC, is non-binding and the company doesn't currently have the financing to close the deal.
MGM Resorts International (NYSE:MGM) has received a non-binding, all-cash takeover proposal from American billionaire and media mogul Barry Diller's People Inc, formerly IAC, (NASDAQ: IAC) to acquire the 73.9% of the company it does not already own at $48.30 per share. People Inc said the offer implies an equity value of approximately $18 billion for the remaining stake and represents a 24.1% premium to MGM's 30-day volume-weighted average price through May 29, 2026, as well as a 10.6% premium to the latest closing price.
Barry Diller is making another big move, and this time the target is MGM Resorts International (MGM). People Inc., his renamed business empire, has proposed buy
MGM Resorts International Confirms Receipt of Acquisition Proposal from People Incorporated PR Newswire LAS VEGA
Barry Diller is making his next big move as People Inc. (previously IAC) submitted a non-binding proposal to acquire control of MGM Resorts International. The plan would be to buy outstanding MGM shares that People doesn't already own and take the publicly-traded company private. People Inc.
LAS VEGAS, June 1, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") confirms that it received an offer today from People Incorporated (f/k/a IAC) to acquire all of the outstanding shares of the Company that it does not already own for $48.30 per share in cash. The Company's Board of Directors, in consultation with its financial and legal advisors, will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.
Focusing in on the casino operator is a sharp departure from media for Diller at a time when markets remain volatile
MGM Resorts International shares jumped on Monday after Barry Diller's People Inc. submitted a proposal to acquire the casino operator in a deal that values the company at approximately $18 billion, including debt. People Inc., formerly known as IAC, already owns a 26.1% stake in MGM and has offered to acquire the remaining shares it does not own for $48.30 per share in cash.
Diller, senior executive and chairman of the internet and media conglomerate he founded in 1995, is worth an estimated $5.2 billion as of Monday. He has been chair of online travel giant Expedia since his company acquired Liberty Expedia in a $2.6 billion deal in 2019 and he built Pier 55 named—a park and performance venue named "Little Island"—in the Hudson River in 2021.
Live Updates Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks - and CoreWeave, Inc. Class A Common Stock didn't make the cut. Grab the names FREE today. Diller's Deal 17 minutes ago Live Barry Diller is making a move to take MGM Resorts (NYSE: MGM) private, according to... Live Nasdaq Composite: Markets Open June With Caution as Oil Spikes and Nvidia Powers Tech Higher
Barry Diller, whose company already owns a 26% share of casino giant, has said he sees it as a business that is less at risk of being disintermediated by technology.
NEW YORK, June 1, 2026 /PRNewswire/ -- People Incorporated, previously IAC (NASDAQ: IAC), announced today that it has submitted a non-binding proposal to the Board of Directors of MGM Resorts International (NYSE: MGM) to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share in cash. This proposal represents a premium of 24.1% to the volume-weighted average price of MGM common stock for the 30 trading days ending on May 29, 2026, a more than 30% premium to the stock's volume-weighted average price for the 90 trading days ending on the same date, and a 10.6% premium to the most recent closing price.
People Inc. is preparing an offer to acquire MGM Resorts for $18 billion in cash, The New York Times reports.
Barry Diller's People Inc. is preparing a bid for MGM Resorts at $48.30 per share, according to CNBC's Andrew Ross Sorkin. The offer would value MGM at more than $18 billion.
MGM Resorts is showing signs of a Las Vegas Strip turnaround, supported by improving GGR data and recent sell-side upgrades. Q1 earnings were mixed, with a $78M revenue beat but an EPS miss due to non-operational one-offs; underlying trends remain positive. MGM Digital and China segments are growing, while Las Vegas Strip posted its first positive growth in six quarters, fueling optimism for 2024 EBITDA growth.
MGM (MGM) reported earnings 30 days ago. What's next for the stock?
MGM Resorts International was upgraded to Overweight by JPMorgan, which outlined stabilizing trends in Las Vegas. Data from early 2026 indeed shows an improvement in Las Vegas tourism trends. I believe that the improvement should be extrapolated cautiously. MGM's other segments have grown well, but with weakening profitability.
Shares of MGM Resorts International (MGM) surged on Wednesday after multiple Wall Street firms upgraded the casino operator. Analysts cited growing confidence that visitors and consumers are returning to the Las Vegas Strip following a prolonged period of weaker demand trends.
A sharp drop in energy costs provided a massive tailwind for consumer-focused equities on Wednesday afternoon, driving MGM Resorts International (NYSE:MGM) sharply higher. Here's what investors need to know.
Tickets now on sale for first-of-its-kind food and beverage event, boasting a diverse series of activations spanning over 30 iconic MGM Resorts venues LAS VEGAS, May 20, 2026 /PRNewswire/ -- Set to debut September 24–27, the inaugural Drink Las Vegas unveiled today its first wave of star-powered programming, bringing an unprecedented assembly of world-class culinary and beverage talent to the Las Vegas Strip. Hosted by MGM Resorts International and produced by a21, an acclaimed experiential event agency, this four-day spectacle will bring together industry icons, global tastemakers, and landmark talent across more than 30 venues.
The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron's.
On May 11, 2026, MGM Resorts International (MGM) shares fell 3.8% to a current price of $37.30. The stock has experienced a 52-week high of $40.94 and a low of
BetMGM partnership powers largest single-game win in the show's daytime history JERSEY CITY, N.J., May 8, 2026 /PRNewswire/ -- BetMGM and Fremantle, a world leader in creating, producing, and distributing entertainment content, announced that contestant Vanesa from Virginia won more than $240,000 in cash and prizes playing the "The Lion's Share" on "The Price is Right," daytime's No.
MGM Resorts Q1 revenues beats expectations as China and digital strength lift sales, but higher costs and margin pressure push earnings below estimates.
Las Vegas Net Revenue: Grew year-over-year for the first time in over a year.Las Vegas Segment Adjusted EBITDA: Decreased by $62 million due to increased self-
The headline numbers for MGM (MGM) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
MGM Resorts International (MGM) Q1 2026 Earnings Call Transcript
MGM Resorts (MGM) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.69 per share a year ago.
Revenue up 10% Year-on-Year Daily Mass GGR rose 19% Year-on-Year Reached New High HONG KONG, April 29, 2026 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2026 (the "Period"). The Group is pleased to see Macau's average daily visitor arrival in the first quarter up 14% year-on-year to 124,599.
MGM Resorts International (NYSE:MGM) reported mixed first-quarter results after Wednesday's closing bell, missing analyst earnings estimates.
The hotel and casino operator logged a quarterly profit of $125.1 million, down from $148.6 million a year earlier.
Record 1Q consolidated net revenues Las Vegas Strip Resorts' quarterly net revenues increased year-over-year for the first time since 3Q24 BetMGM North America Venture reported year-over-year increases in net revenue and Adjusted EBITDA Closed on the sale of the operations of MGM Northfield Park for $546 million in April 2026 LAS VEGAS, April 29, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2026. "We are pleased to report record 1Q consolidated net revenues driven primarily by MGM China and MGM Digital, as well as growth at our BetMGM North America Venture," said Bill Hornbuckle, President and CEO of MGM Resorts International.
D.A. Davidson and CO. reduced its position in MGM Resorts International (NYSE: MGM) by 8.6% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,634 shares of the company's stock after selling 25,113 shares during the quarter. D.A. Davidson
MGM likely to report modest Q1 revenue growth on Las Vegas demand and digital strength, but earnings expected to fall amid margin pressure and softer trends.
Cwm LLC cut its holdings in shares of MGM Resorts International (NYSE: MGM) by 38.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,715 shares of the company's stock after selling 78,010 shares during the period. Cwm LLC's
MGM Resorts (MGM) is positioned for a near-term upside, with Q1 results likely to beat street estimates on both revenue and adjusted EBITDAR. Las Vegas Strip softness is offset by strong Macau growth and stable regional performance, supporting a projected 3% total revenue growth and $661M adjusted EBITDAR. MGM's premium asset base and global diversification justify a $50 price target, representing 20% upside as consistent earnings beats could drive a positive revision cycle.
MGM (MGM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MGM Resorts dominates Las Vegas with 14 properties and 37,000 hotel rooms, capturing about 50% of the room market share. MGM operates integrated gaming resorts in China/Macau, Las Vegas, and regional U.S. markets, highlighting geographic diversification. The company holds a 50% stake in BetMGM, a key sportsbook and online gaming asset, with Entain plc owning the remaining half.
NEW YORK--(BUSINESS WIRE)---- $VICI--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) announced today that, in connection with the closing of MGM Resorts International's (NYSE: MGM) (“MGM Resorts”) sale of the operations of MGM Northfield Park (“Northfield Park”), located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc. (TSX: CVG) (“Clairvest”), VICI has entered into a new separate triple-net lease with an affiliate of Clairvest with respect to the.
LAS VEGAS, April 21, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has closed on the sale of the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest") for $546 million in cash. "MGM Northfield Park is a market‑leading property supported by a talented team that has consistently delivered outstanding guest experiences," said Bill Hornbuckle, CEO & President, MGM Resorts International.
MGM slips as BetMGM posts 6% Q1 net revenue growth and 11% EBITDA gain but trims 2026 revenue view to $2.9-$3.1B as iGaming leads.
Q1 profitable growth reflects continuing execution of strategy JERSEY CITY, N.J., April 14, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on its Q1 2026 performance.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
JERSEY CITY, N.J., April 7, 2026 /PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT), will release a business update for the period January 1 – March 31, 2026 ("1Q") on Tuesday April 14, 2026 at 7:00am ET (4:00am PT / 12:00pm UK).
Exchange Traded Concepts LLC cut its stake in MGM Resorts International (NYSE: MGM) by 15.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,632 shares of the company's stock after selling 13,640 shares during the period. Exchange Traded
Amazon MGM's "Project Hail Mary" has surpassed $300 million at the global box office, making it the studio's highest-grossing film of all time. The sci-fi film has held strong at the box office, with only a 32% drop in ticket sales from its first weekend in the U.S. to its second and a nearly unheard of 5% decline internationally.
LAS VEGAS, March 27, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the first quarter 2026 after the market closes on Wednesday, April 29, 2026. MGM Resorts will host a conference call that day at 5:00 p.m.
