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MGM RESORTS PROMOTES ARI KASTRATI TO CHIEF CONTENT, HOSPITALITY AND DEVELOPMENT OFFICER
Prnewswire· 2024-12-05 19:00
LAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the promotion of Ari Kastrati to Chief Content, Hospitality and Development Officer, effective immediately. In his new role, Kastrati will oversee the Company's global design and development efforts and sports and entertainment partnerships. He also will continue to drive the Company's hospitality strategy, including the development of food and beverage and nightlife concepts, and l ...
MGM Resorts International and MGM China to Speak at Leveraged Finance Conference
Prnewswire· 2024-12-02 14:00
Core Insights - MGM Resorts International will participate in the 2024 Bank of America Leveraged Finance Conference on December 3, 2024, with senior leadership from MGM Resorts and MGM China speaking at 9:30 a.m. ET [1] Company Overview - MGM Resorts International is an S&P 500 global gaming and entertainment company with a portfolio of 31 unique hotel and gaming destinations worldwide, including renowned resort brands [2] - The company operates BetMGM, LLC, a 50/50 venture that provides sports betting and online gaming in North America, and has a subsidiary, LV Lion Holding Limited, offering similar services in Europe [2] - MGM Resorts is pursuing expansion in Asia, specifically through an integrated resort development in Japan [2] - The company emphasizes sustainability through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, aiming to positively impact employees, guests, and communities [2] - MGM Resorts has been recognized as one of FORTUNE Magazine's World's Most Admired Companies [2]
MGM RESORTS LEADS THE CHARGE AT LAS VEGAS GRAND PRIX WITH EXCLUSIVE EVENTS AND STAR POWER
Prnewswire· 2024-11-25 20:49
Sold-Out Bellagio Fountain Club Headlines Race Weekend Experiences with Celebrity Chefs, Top Drivers, Stars and More Click here to download high-res images (credit: MGM Resorts) Click here to download b-roll from Bellagio Fountain Club, Fountain Walk, Boulevard Experience and Shoey Bar (footage courtesy of MGM Resorts) LAS VEGAS, Nov. 25, 2024 /PRNewswire/ -- As the checkered flag waves on the second year of the Las Vegas Grand Prix, MGM Resorts International has once again delivered as the ultimate race-we ...
BetMGM Rewards Points Now Combined Into Single, Digital Wallet
Prnewswire· 2024-11-25 18:45
Core Insights - BetMGM has enhanced its customer experience by consolidating BetMGM Reward Points (BRPs) into a single account, allowing users to access their cash balance and rewards across jurisdictions [1][2][4]. Group 1: Customer Experience Enhancement - The new feature allows for a single digital wallet, enabling users to have one set of login credentials and a unified cash balance in all states where BetMGM operates [2][4]. - This initiative makes BetMGM the only legalized sports betting app that allows Nevada residents and visitors to wager in the state while carrying their funds to other BetMGM markets across the U.S. [2][3]. Group 2: Loyalty Program Features - Players can earn BetMGM Rewards Points and Tier Credits by engaging with BetMGM Sportsbook, BetMGM Casino, and BetMGM Poker [3][4]. - BRPs can be redeemed for various rewards, including odds boosts, Gametime credits, and can also be exchanged for Marriott Bonvoy Points [4]. Group 3: Market Presence - BetMGM currently operates in 29 markets across North America, including states such as Arizona, Colorado, Illinois, and New Jersey, as well as Ontario, Canada, and Puerto Rico [5]. Group 4: Responsible Gaming Commitment - BetMGM emphasizes responsible gaming education and provides resources like GameSense, developed in partnership with the British Columbia Lottery Corporation, to ensure a safe gaming experience [6].
Here's Why Investors Should Retain MGM Resorts Stock for Now
ZACKS· 2024-11-22 15:16
MGM Resorts International (MGM) is likely to benefit from solid performances at regional properties in Las Vegas and MGM China. Also, the focus on global expansion and strategic partnerships bodes well. However, elevated expenses remain a concern.Factors Driving Growth of MGM StockMGM’s regional properties remain a cornerstone of its portfolio, consistently delivering stable results. The company benefits from strong market leadership at nearly all regional locations, supported by affluent demographics and l ...
Cisco and MGM Resorts International Sign Multi-Year Agreement
Prnewswire· 2024-11-18 17:12
Bringing the Next Generation of Guest Experience to Las Vegas and BeyondNews Summary:   Global gaming and entertainment company MGM Resorts International signs a Whole Portfolio Agreement with Cisco to deliver next-generation guest experiences. Agreement gives MGM Resorts access to much of Cisco's software portfolio and Customer Experience (CX) services. Multi-year agreement brings simplicity and predictability as the company paves the way for future location services and next-generation machine learning ap ...
Why MGM Is A Buy: The Complete Guide
Seeking Alpha· 2024-11-11 12:27
MGM Resorts International (NYSE: MGM ) represents a compelling investment opportunity as the company enters 2025 with strong momentum across all business segments. The company's transformation from a traditional casino operator to an integrated gaming, resort and entertainment powerhouse hasAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MGM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not recei ...
MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?
MarketBeat· 2024-11-07 12:00
Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It's hard to believe, but the world's largest gaming destination, Macau, was only completely reopened in February of 2023 as China finally relaxed its zero-COVID restrictions after three years.   In the meantime, MGM Resorts International Inc. NYSE: MGM has grown to operate nearly half the major casinos in Las Vegas. At the same time, Las Vegas Sands Co. NYSE: LVS continues to focus solely ...
MGM Resorts Teams with USO and American Airlines for 14th Annual Salute to the Troops at Mandalay Bay
Prnewswire· 2024-11-04 14:18
More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekendLAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino.In partn ...
MGM RESORTS INTERNATIONAL SHIFTS INTO HIGH GEAR FOR 2024 LAS VEGAS GRAND PRIX NOVEMBER 21-23
Prnewswire· 2024-11-01 13:30
New Experiences Revealed for Once-in-a-Lifetime Race Weekend Across Iconic Center-Strip ResortsClick here for the full lineup, more information and to book reservations;Follow @MGMResortsIntl for updatesLAS VEGAS, Nov. 1, 2024 /PRNewswire/ -- Push! Push! MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations and events across The Strip designed to entertain fans leading up to and during race weekend.Race fans can party with th ...