Analysts estimate adjusted EPS of $0.02 vs. -$0.90 in Q4 FY 2020. MGM's Las Vegas room occupancy rate is expected to rise significantly YOY. Revenue is expected to rise as more people visit MGM ...
Despite the challenges posed by the ongoing COVID-19 pandemic, MGM Resorts International did well for itself last year, thanks in no small measure to strong leisure travel demand and the resurgence of ...
MGM's Las Vegas room occupancy rate came in above analysts' expectations. Las Vegas is MGM's biggest market, and the room occupancy rate provides a measure of the total number of available rooms that ...
Buoyed by the strong return of gaming revenue and continuing robust leisure demand, MGM Resorts International closed 2021 strongly, posting margins in some areas that exceeded pre-pandemic figures.
MGM's 50% stake in BetMGM is a key value driver, with iGaming growth and superior unit economics supporting the investment ...
MGM Resorts’ growth was a bit stronger than Las Vegas Sands before the pandemic, with MGM Resorts revenues expanding at an average rate of 11% per year from $9.5 billion in 2016 to $12.9 billion in ...
The center of gravity for MGM Resorts has always been the south side of the Las Vegas Strip. Until recently, however, the company had competitors in-between some of its properties. It didn't own the ...
SPRINGFIELD — Gambling revenue numbers are strong and MGM Springfield is reopening its remaining attractions closed by COVID-19, but difficulties hiring staff and the state’s lack of legalized sports ...
MGM Resorts International and U.K.-based Entain PLC , joint owners of sports betting and iGaming operator BetMGM, said Wednesday they expect to invest another $450 million in BetMGM in 2022. That will ...
The company jumped up 40 spots since 2019 and earned recognition as the only hospitality company based in Nevada to make the list LAS VEGAS, Nov. 9, 2021 /PRNewswire/ -- MGM Resorts International ...
MGM Resorts International announced Monday that it’s selling the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion. The sale should provide $815 million in net cash ...
Shares of retailer American Eagle Outfitters (AEO +0.12%) and casino operator MGM Resorts International (MGM 0.51%) both fell as much as 5% in morning trading on Tuesday. Groupon (GRPN +1.05%), which ...
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