The renowned entrepreneur's cult-favorite vegan burger chain joins Q1227, Sienna Wings, Taco Mell, NYAM, and Vyoone's with limited-edition menu items exclusively at Mandalay Bay Resort and Casino and Luxor Hotel & CasinoPURCHASE, N.Y., Sept. 19, 2024 /PRNewswire/ -- PEPSI® Dig In, a platform designed to drive access, business growth and awareness for underserved restaurants, is bringing six all new dishes with four new crafted cocktails to Las Vegas for its third annual Restaurant Royalty Residency. Startin ...

MGM Resorts International's (MGM) sports betting and iGaming brand, BetMGM, has entered a multi-year partnership with Gannett Co., Inc. (GCI) to act as the preferred online sportsbook and casino partner for USA TODAY Sports.Per the agreement, BetMGM will provide sports betting odds and detailed betting information across the extensive USA TODAY Network, which spans more than 200 local U.S. markets in 43 states. This partnership will also leverage over 300 digital news and media brands within the network's p ...

Hospitality industry leader will more than double solar electricity access LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewabl ...

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced a public offering of $850,000,000 in aggregate principal amount of 6.125% senior notes due 2029 at par. The offering of notes was upsized from the originally announced aggregate principal amount of $675,000,000. The transaction is expected to close on September 17, 2024, subject to customary closing conditions.The Company intends to use the net proceeds from the offering of the n ...

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it proposes to offer $675,000,000 in aggregate principal amount of senior notes due 2029.The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 5.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.The notes b ...

It has been about a month since the last earnings report for MGM Resorts (MGM) . Shares have added about 0.3% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MGM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MGM Resorts Q2 Earnings & Revenues Surpass EstimatesMG ...

Companies also announce expansion of partnerships promoting responsible gaming & consumer education    LAS VEGAS, Aug. 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and BetMGM announced today that they are once again partnering with the American Gaming Association (AGA) to promote Responsible Gaming Education Month (RGEM 2024) in September. The two companies will execute their responsible gaming campaign at designated National Football League (NFL) stadiums ...

Shares of MGM Resorts International (MGM) are struggling to stay afloat in the stock market. Despite strong second-quarter results, the stock has dropped 15% year to date compared with the industry’s 6.8% rise and the S&P 500’s 17.9% increase. Investor sentiments remain tepid primarily due to broader market volatility and uncertainties in Macau.However, MGM's stock has shown some relative strength compared with competitors like Wynn Resorts, Limited (WYNN) . down 15.5%, Las Vegas Sands Corp. (LVS) , down 18 ...

For the First Time in its 25-Year History, Iconic Las Vegas Attraction Welcomes a Guest to Create New Show as Part of Once-In-A-Lifetime Marriott Bonvoy Moments® Inspired by MGM CollectionLAS VEGAS, Aug. 27, 2024 /PRNewswire/ -- It's a beautiful day at Bellagio, operated by MGM Resorts International and part of the Luxury Collection by Marriott Bonvoy. The Fountains of Bellagio celebrated a milestone with the debut of its 40th show, set to "Beautiful Day" by U2 and choreographed by Marriott Bonvoy Elite mem ...

f11photo/iStock via Getty Images Above: Denver metro looms as a key market for Monarch Casino & Resort, Inc.'s move to Colorado. Premise: Amid the AI/tech deluge that has swung volume away from many industry groups stands the casino sector, with prices at very attractive P/Es. Many of today’s investors do not remember when casino stocks, per se, commanded such strong volumes, if not frenetic runs between 1978 and 1987. Since then, there have been some fat returns north, and periods of flat lined trading ...