Exhibit 99.1 MGM RESORTS INTERNATIONAL REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS • Record 3Q consolidated net revenues • Record results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDAR • MGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this year • Repurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by 40% since ...

Record 3Q consolidated net revenues Record results at MGM China with record 3Q net revenue and record 3Q Adjusted Property EBITDAR MGM China declared a special dividend in August 2024, resulting in approximately $200 million in cash to MGM Resorts in total this year Repurchased over $300 million of shares in 3Q and approximately $1.3 billion year-to-date, reducing overall shares outstanding by 40% since 2021 Accelerating growth at BetMGM with record 3Q net revenues increasing nearly 20% year-over-year, mor ...

Analysts on Wall Street project that MGM Resorts (MGM) will announce quarterly earnings of $0.58 per share in its forthcoming report, representing a decline of 9.4% year over year. Revenues are projected to reach $4.22 billion, increasing 6.2% from the same quarter last year. Over the last 30 days, there has been a downward revision of 9.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ...

"Our relationship with Marriott has far exceeded our expectations, demonstrating the power of its brand portfolio and the strength of their distribution channels," said Steve Zanella, President of MGM Resorts Operations. "W Las Vegas, the latest hotel to come to life as part of our collaboration, will allow our guests to access a new luxury lifestyle experience recognized worldwide for its distinct personality, dynamic programming and elevated service culture.""We're thrilled to continue working with MGM to ...

As BetMGM tries to regain momentum in the gaming market, it's banking in part on gains in NFL betting and the draw of new technology.The company is the third largest U.S. sportsbook by market share, but has lost ground in recent years in both sports gambling and igaming, or online casino gambling, where it once held the number one position.CEO Adam Greenblatt is counting on newly launched technology to woo customers, he told CNBC on Tuesday at the Global Gaming Expo in Las Vegas.He cited the company's integ ...

LAS VEGAS, Oct. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, October 30, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations web ...

Key TakeawaysShares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International have been lifted by China's measures to boost its economy.The steps by Beijing are expected to boost business at their casinos in Macau.Wynn Resorts also received an upgrade from Morgan Stanley. Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.  All three h ...

There's a wide moat and strong cash flow behind this business.The gaming and entertainment industry has big barriers to entry, from limited land to regulatory limitations in the U.S. and around the world. That's why MGM Resorts' (MGM 1.36%) business is so attractive, and as Travis Hoium shows in this video, the stock is extremely cheap right now.*Stock prices used were end-of-day prices of Sept. 23, 2024. The video was published on Sept. 24, 2024. ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced. The Seattle-based tech and retail giant—which distributes content via its theatrical arm, Amazon MGM, and its streaming service, Prime Video—will officially become the sev ...

LAS VEGAS, Sept. 20, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the Deutsche Bank 32nd Annual Leveraged Finance Conference on Tuesday, September 24, 2024. MGM Resorts CFO and Treasurer Jonathan Halkyard will speak at a session scheduled to begin at 8:00 a.m. PT. A live webcast of the session will be available under the Events & Presentation section of the MGM Investor Relations website at http://investors.mgmresorts.com About MGM Resorts I ...