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MGM Resorts International (MGM.N)

MGM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MGM Resorts International Reports Q4 Loss Per Share $0.06
Wednesday, 13 Feb 2019 04:15pm EST 

Feb 13 (Reuters) - Mgm Resorts International ::REPORTS FOURTH QUARTER AND FULL YEAR FINANCIAL AND OPERATING RESULTS.Q4 LOSS PER SHARE $0.06.Q4 EARNINGS PER SHARE ESTIMATE $0.12 -- REFINITIV IBES DATA.ANNOUNCES 8% INCREASE TO QUARTERLY CASH DIVIDEND.QTRLY NET REVENUES INCREASED 18% COMPARED TO PRIOR YEAR QUARTER TO $3.1 BILLION.QTRLY CONSOLIDATED NET REVENUES INCREASED 18% COMPARED TO PRIOR YEAR QUARTER TO $3.1 BILLION.CURRENT QUARTER INCLUDED A NON-RECURRING, NON-CASH INCOME TAX EXPENSE OF $92 MILLION, $0.17 PER SHARE ON A DILUTED BASIS.QTRLY LAS VEGAS STRIP RESORTS REVPAR INCREASED 8.2% COMPARED TO PRIOR YEAR QUARTER.QTRLY CASINO REVENUE DECREASED 3% COMPARED TO THE PRIOR YEAR QUARTER AT CO'S LAS VEGAS STRIP RESORTS."THROUGH MGM 2020, WE ARE REINVESTING IN OUR BUSINESS AND WE EXPECT TO BEGIN TO SEE FINANCIAL BENEFITS IN BACK HALF OF 2019".BOARD OF DIRECTORS APPROVED A QUARTERLY DIVIDEND OF $0.13 PER SHARE.QTRLY ROOMS REVENUE INCREASED 10% COMPARED TO THE PRIOR YEAR QUARTER AT CO'S LAS VEGAS STRIP RESORTS.QTRLY NET REVENUES OF $687 MILLION, UP 33% FOR MGM CHINA.Q4 REVENUE VIEW $2.98 BILLION -- REFINITIV IBES DATA.  Full Article

MGM, Annapurna Pictures Expand U.S. Theatrical Film Distribution Partnership
Tuesday, 5 Feb 2019 03:00pm EST 

Feb 5 (Reuters) - MGM::ANNAPURNA AND MGM EXPAND U.S. THEATRICAL FILM DISTRIBUTION PARTNERSHIP UNDER ICONIC UNITED ARTISTS BANNER.MGM - CO, ANNAPURNA PICTURES TO EXPAND THEIR COLLABORATION UNDER EXISTING JV, WHICH WILL BE BRANDED AS UNITED ARTISTS RELEASING.  Full Article

MGM Resorts International Files For Offer And Resale Of Up To 9.4 Mln Shares Of Common Stock By Selling Stockholders
Tuesday, 29 Jan 2019 04:13pm EST 

Jan 29 (Reuters) - MGM Resorts International ::MGM RESORTS INTERNATIONAL FILES FOR OFFER AND RESALE OF UP TO 9.4 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING.  Full Article

Mgm Resorts Forms Ad-HOC Board Committee To Evaluate Real Estate Portfolio
Thursday, 24 Jan 2019 09:00am EST 

Jan 24 (Reuters) - MGM Resorts International ::MGM RESORTS INTERNATIONAL ANNOUNCES FORMATION OF AD-HOC BOARD COMMITTEE TO EVALUATE ITS REAL ESTATE PORTFOLIO.MGM RESORTS INTERNATIONAL - AD-HOC BOARD COMMITTEE WILL BE COMPOSED OF THREE INDEPENDENT DIRECTORS.MGM RESORTS INTERNATIONAL - COMMITTEE WILL MAKE RECOMMENDATIONS TO FULL BOARD REGARDING STRATEGY AND OPPORTUNITIES.MGM RESORTS INTERNATIONAL - COMMITTEE WILL BE COMPOSED OF JOHN B. KILROY JR., KEITH A. MEISTER AND PAUL SALEM.  Full Article

Major League Baseball And MGM Resorts International Form New Partnership
Tuesday, 27 Nov 2018 03:32pm EST 

Nov 27 (Reuters) - MGM Resorts International ::MAJOR LEAGUE BASEBALL AND MGM RESORTS INTERNATIONAL FORM WIDE-RANGING NEW PARTNERSHIP IN U.S. AND JAPAN.MGM RESORTS INTERNATIONAL - AS AN OFFICIAL MAJOR LEAGUE BASEBALL SPONSOR, CO WILL DOMESTICALLY PROMOTE ITS BRAND, GAMING OPTIONS ACROSS MLB'S PLATFORMS.  Full Article

Mgm Gvc Interactive announces Sportradar as an exclusive supplier of U.S. sports data
Thursday, 8 Nov 2018 08:15am EST 

Nov 8 (Reuters) - GVC Holdings PLC ::MGM GVC INTERACTIVE ANNOUNCES SPORTRADAR AS AN EXCLUSIVE SUPPLIER OF U.S. SPORTS DATA.  Full Article

Mgm Resorts International Reports Q3 EPS $0.26
Tuesday, 30 Oct 2018 04:15pm EDT 

Oct 30 (Reuters) - Mgm Resorts International ::REPORTS THIRD QUARTER FINANCIAL AND OPERATING RESULTS.QTRLY DILUTED EARNINGS PER SHARE OF $0.26.QTRLY REVPAR DECREASED 3.9% COMPARED TO PRIOR YEAR QUARTER AT COMPANY'S LAS VEGAS STRIP RESORTS.QTRLY NET REVENUES FOR MGM CHINA WAS $606 MILLION, UP 37%.DOMESTIC RESORTS' CASINO REVENUE FOR Q3 OF 2018 INCREASED 1% COMPARED TO PRIOR YEAR QUARTER.QTRLY REVENUE $3.03 BILLION VERSUS 2.83 BILLION.QTRLY DOMESTIC RESORTS ROOMS REVENUE AND SAME-STORE DOMESTIC RESORTS ROOMS REVENUE DECREASED 5% VERSUS PRIOR YEAR QUARTER.Q3 EARNINGS PER SHARE VIEW $0.19, REVENUE VIEW $2.95 BILLION -- THOMSON REUTERS I/B/E/S.REMAIN CONFIDENT THAT WILL DELIVER ON 2020 GOALS.EXPECT TO DELIVER POSITIVE RESULTS IN Q4 AT LAS VEGAS STRIP RESORTS WITH NET REVENUES UP SLIGHTLY.EXPECT LAS VEGAS STRIP REVPAR UP ONE TO TWO PERCENT IN Q4.  Full Article

NHL Announces Sports Betting Partnership With MGM Resorts
Monday, 29 Oct 2018 11:15am EDT 

Oct 29 (Reuters) - MGM Resorts International ::NATIONAL HOCKEY LEAGUE ANNOUNCES LANDMARK SPORTS BETTING PARTNERSHIP WITH MGM RESORTS.MGM RESORTS INTERNATIONAL - NATIONAL HOCKEY LEAGUE FORMED MULTI-YEAR STRATEGIC RELATIONSHIP IN SPORTS BETTING CATEGORY WITH CO.  Full Article

Tix Corporation Reports Q2 Loss Per Share $0.03
Wednesday, 8 Aug 2018 08:00am EDT 

Aug 8 (Reuters) - Tix Corp ::TIX CORPORATION REPORTS SECOND QUARTER AND FIRST SIX MONTHS 2018 RESULTS.Q2 LOSS PER SHARE $0.03.Q2 REVENUE $3.154 MILLION VERSUS $4.761 MILLION.RECENTLY REPORTED THAT MGM RESORTS INTERNATIONAL HAS EXPRESSED INTEREST IN ACQUIRING CO.ACTIVELY PURSUING MATTER OF MGM RESORTS INTERNATIONAL'S INTEREST IN ACQUIRING CO.  Full Article

MGM Resorts International Q2 Earnings Per Share $0.21
Thursday, 2 Aug 2018 07:30am EDT 

Aug 2 (Reuters) - Mgm Resorts International ::QTRLY REVPAR INCREASED 2.8% COMPARED TO PRIOR YEAR QUARTER AT COMPANY'S LAS VEGAS STRIP RESORTS.REPORTS SECOND QUARTER FINANCIAL AND OPERATING RESULTS.Q2 EARNINGS PER SHARE $0.21.Q2 EARNINGS PER SHARE VIEW $0.29 -- THOMSON REUTERS I/B/E/S.QTRLY MGM CHINA NET REVENUES OF $561 MILLION, A 32% INCREASE.QTRLY DOMESTIC CASINO REVENUE FOR Q2 OF 2018 INCREASED 8%.QTRLY DOMESTIC RESORTS ROOMS REVENUE INCREASED 1%.QTRLY REVENUE $2.86 BILLION VERSUS $2.65 BILLION.Q2 REVENUE VIEW $2.96 BILLION -- THOMSON REUTERS I/B/E/S.BELIEVE CO IS WELL POSITIONED IN JAPAN MARKET.EXPECTS FULL YEAR 2018 NET REVENUES & REVPAR AT ITS LAS VEGAS STRIP RESORTS TO DECREASE BY A LOW SINGLE DIGIT PERCENTAGE.  Full Article

DIARY-U.S. earnings week ahead

Feb 8 Diary of U.S (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start RIC Company Event Name Time 11-Feb-2019 BMO L.N Loews Corp Q4 2018 Loews Corp Earnings Release 11-Feb-2019 AMC RE.N Everest Re Group Ltd