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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
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.
Casinos & Gaming
3600 LAS VEGAS BLVD S
LAS VEGAS, NV
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
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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.
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.
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 International posted a quarterly loss compared with a year-ago profit on Wednesday, as COVID-19 travel restrictions dented business for the casino operator.
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.
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.
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 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 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
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 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.
Casino operator MGM Resorts International said on Friday its largest shareholder, InterActiveCorp, supports its $11 billion takeover approach for Ladbrokes owner Entain Plc.
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...
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 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.
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 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.
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 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.
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.