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MGM Resorts International

MGM.N

Latest Trade

38.74USD

Change

-0.38(-0.96%)

Volume

697,923

Today's Range

37.82

 - 

38.75

52 Week Range

14.54

 - 

42.74

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
39.11
Open
38.70
Volume
697,923
3M AVG Volume
186.88
Today's High
38.75
Today's Low
37.82
52 Week High
42.74
52 Week Low
14.54
Shares Out (MIL)
490.54
Market Cap (MIL)
19,184.85
Forward P/E
-22.15
Dividend (Yield %)
0.03

Next Event

Dividend For MGM.N - 0.0025 USD

Latest Developments

More

Mgm Resorts - Co, Mgm Growth Properties Entered Definitive Agreement Whereby Mgp To Buy Real Estate Assets Associated With Mgm Springfield In Western Massachusetts

IAC Says Qtrly Revenue Up 28% To $876 Million

Mgm Resorts International Reports Q1 Loss Per Share Of $0.69

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About MGM Resorts International

MGM Resorts International is a holding company. The Company, through its subsidiaries, owns and operates casino resorts. The Company operates in two segments: domestic resorts and MGM China. Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities. Its casino operations feature a range of slots, table games, and race and sports book wagering. Its MGM China’s operations consist of the MGM Macau resort and casino, and the development of an integrated casino, hotel and entertainment resort on the Cotai Strip in Macau. Under its resort operation, the Company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. It owns Primm Valley Golf Club at the California/Nevada state line and Fallen Oak golf course in Saucier, Mississippi, among others.

Industry

Casinos & Gaming

Contact Info

3600 LAS VEGAS BLVD S

LAS VEGAS, NV

89109

United States

+1.702.6937120

http://www.mgmresorts.com

Executive Leadership

Paul J. Salem

Independent Chairman of the Board

William Joseph Hornbuckle

President, Chief Executive Officer, Director

Jonathan S. Halkyard

Chief Financial Officer, Treasurer

Corey Ian Sanders

Chief Operating Officer

John M. McManus

Executive Vice President, General Counsel, Secretary

Key Stats

2.63 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

11.8K

2019

12.9K

2020

5.2K

2021(E)

8.8K
EPS (USD)

2018

0.810

2019

0.770

2020

-2.020

2021(E)

-1.766
Price To Earnings (TTM)
--
Price To Sales (TTM)
4.21
Price To Book (MRQ)
3.05
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
213.08
LT Debt To Equity (MRQ)
211.87
Return on Investment (TTM)
-7.55
Return on Equity (TTM)
-6.10

Latest News

Latest News

BetMGM targets $1 billion in net revenue in 2022

BetMGM, a U.S. sports-betting joint venture between MGM Resorts and Entain, said on Wednesday it was targeting net revenue of $1 billion in 2022 and that it expected an investment of $450 million from its owners this year.

Entain's U.S. venture with MGM aims $1 bln in net revenue in 2022

BetMGM, a U.S. joint venture between MGM Resorts and Entain, said on Wednesday it was targeting net revenue of $1 billion in 2022, adding the JV partners were expected to invest $450 million in the sportsbetting firm this year.

MGM Resorts sees demand improving by year-end as vaccine rollout widens

Casino operator MGM Resorts posted a bigger-than-expected loss on Wednesday, hurt by COVID-19 travel restrictions, but signaled a pickup in demand later this year as vaccines become more widely available.

MGM Resorts posts quarterly loss on pandemic pain

MGM Resorts International posted a quarterly loss compared with a year-ago profit on Wednesday, as COVID-19 travel restrictions dented business for the casino operator.

Entain names Jette Nygaard-Andersen CEO after rejecting MGM deal

Ladbrokes owner Entain named non-executive director and industry veteran Jette Nygaard-Andersen as its chief executive officer on Thursday, making her the first woman to lead a UK gambling company.

MGM Resorts scraps takeover plans for Ladbrokes owner Entain

Casino operator MGM Resorts International on Tuesday scrapped plans to buy Ladbrokes owner Entain, saying it does not intend to submit a revised proposal for the British firm that snubbed an $11 billion takeover approach earlier this month.

MGM says no intention to submit revised proposal for Entain

Casino operator MGM Resorts International said on Tuesday it does not intend to submit a revised proposal for Ladbrokes owner Entain, which rejected the U.S. firm's $11 billion approach earlier this month for being too low.

Raiders owner Davis buying WNBA's Las Vegas Aces

Raiders owner Mark Davis on Thursday said he was poised to purchase the WNBA's Las Vegas Aces from MGM Resorts International, expanding his sports footprint in the city.

Ladbrokes owner Entain CEO quits days after snubbing MGM approach

Ladbrokes owner Entain said on Monday its Chief Executive Officer Shay Segev was leaving the gambling firm after just seven months in the role, a surprise move after the company last week rejected an $11 billion approach from MGM Resorts International

Entain CEO resigns days after Ladbrokes owner rejected MGM approach

Ladbrokes-owner Entain Plc said on Monday its Chief Executive Officer Shay Segev would leave the company, days after the gambling firm rejected an $11 billion takeover approach from U.S. casino operator MGM Resorts International.

Billionaire Barry Diller's IAC backs MGM's potential offer for Entain

Billionaire Barry Diller's InterActiveCorp, the largest shareholder in MGM Resorts International, supports the casino operator's $11 billion takeover approach for Ladbrokes owner Entain Plc, the U.S. company said on Friday.

MGM's largest shareholder backs potential offer for Ladbrokes owner

Casino operator MGM Resorts International said on Friday its largest shareholder, InterActiveCorp, supports its $11 billion takeover approach for Ladbrokes owner Entain Plc.

Breakingviews - A big Chinese backer would be roll of dice for MGM

There’s a new gamble worth taking for MGM Resorts International. One of its Asian investors, Snow Lake, wants the U.S. casino operator to sell a fifth of its $6 billion Macau business to a Chinese partner. Although it would complicate deals at home and elsewhere, the idea...

After snubbing MGM advance, Ladbrokes owner seeks to buy Swedish rival

Ladbrokes owner Entain said on Thursday it has offered to buy Swedish-based sports betting firm Enlabs AB for about $343 million, days after it rejected an $11 billion takeover approach from U.S.-based MGM Resorts.

Ladbrokes owner Entain offers to buy Sweden's Enlabs for about $342.58 mln

Ladbrokes owner Entain Plc said on Thursday it has offered to buy Sweden-based sports betting firm Enlabs AB for about 2.80 billion SEK ($342.58 million) as it expands into new regulated markets.

Snow Lake urges MGM Resorts International to sell 20% of China business - letter

Investment firm Snow Lake Capital on Wednesday urged MGM Resorts International to sell 20% of its China business to a strategic partner, calling it a "win-win transaction" for all.

Ladbrokes owner says MGM's $11 billion takeover bet undervalues company

Ladbrokes owner Entain said on Monday an $11 billion takeover approach from U.S. casino operator MGM Resorts significantly undervalued its business, as companies move to capitalise on an expected boom in U.S. sports betting.

Breakingviews - MGM’s $11 billion UK punt is close to maximum wager

British punters may be surprised to learn that the owner of Ladbrokes, best-known for its chain of dingy betting shops, is the subject of takeover interest from MGM Resorts International, the $16 billion operator of plush U.S. casinos. The UK bookie, which on Monday said...

Ladbrokes owner Entain confirms MGM approach on possible offer

Ladbrokes owner Entain said on Monday it received an $11 billion takeover proposal from U.S. casino operator MGM Resorts, but said the offer significantly undervalued the company.

Blank-check firm backed by former MGM Resorts CEO cuts IPO size

A blank-check firm backed by the former head of MGM Resorts International <MGM.N> on Wednesday cut the size of its initial public offering, the latest in a line of blank-check firms to do so, indicating that the hot new method of listing may be losing its sheen.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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