Responsive Playbooks and the MGM Inflection
The article analyzes MGM Resorts International (NYSE: MGM) with a focus on its weak near and mid-term sentiment, despite a neutral long-term outlook. It identifies a mid-channel oscillation pattern and presents a high-reward, low-risk setup. The analysis offers three institutional trading strategies tailored for different risk profiles: a position trading strategy, a momentum breakout strategy, and a risk hedging strategy.
Wynn Resorts Ltd stock (US9831341030): Casino operator shines after strong Las Vegas and Macau momen
Wynn Resorts Ltd reported strong first-quarter 2026 results, driven by robust performance in Las Vegas and Macau. The casino operator's business model focuses on luxury integrated resorts targeting premium guests, with revenue coming from casino gaming, hotels, food & beverage, and entertainment. The article highlights the importance of both U.S. and Macau markets, as well as the increasing diversification of revenue streams beyond traditional gaming.
MGM Resorts International (MGM) Stock Up 3.1% and Still Underval
MGM Resorts International (MGM) shares recently rose 3.1% to $37.66. According to GuruFocus's GF Value™, the stock is considered "Modestly Undervalued" with a fair value estimate of $46.70. Despite a high current P/E ratio compared to its historical median, insider activity shows significant buying, suggesting confidence from within the company.
VICI Properties Inc stock (US9256521090): casino landlord after first?quarter update
VICI Properties Inc. (US9256521090) reported higher first-quarter 2026 revenue and adjusted funds from operations (AFFO), driven by acquisitions and lease escalators. The gaming-focused REIT, which leases properties to major casino operators like Caesars and MGM on a triple-net basis, maintains a predictable income stream and aims for modest AFFO growth in 2026. Its stock performance is influenced by interest rate expectations and its unique position within the specialized gaming real estate market, offering targeted exposure for U.S. investors.
Celebrate Memorial Day Weekend at Beau Rivage
Beau Rivage in Biloxi, Miss., is hosting a Memorial Day weekend celebration. The event will feature a special holiday menu at The Buffet, DJ Shimmer at The Pool, and a "Spring Into Winning" game in the casino with a chance to win $100,000 in FREEPLAY or TablePlay for one lucky guest. Guests can also enjoy specialty cocktails and various prizes throughout the weekend.
Players Era, MGM Resorts International and ESPN Announce Brackets and Tournament Arena Locations for 2026 Players Era Men’s Championships
Players Era, MGM Resorts International, and ESPN have announced the brackets and arena locations for the 2026 Players Era Men's Championships. The event will feature two tournaments, the Players Era 8 and Players Era 16, held in Las Vegas at Michelob ULTRA Arena and T-Mobile Arena in November 2026, with all 37 games broadcast on ESPN networks. The championships will showcase top college basketball programs, including past national champions and numerous teams from the 2026 NCAA Tournament, promising a high-level early-season competition.
MGM Resorts International stock outperforms competitors on strong trading day
MGM Resorts International (MGM) shares surged 3.15% to $37.66 on a favorable trading day, outperforming both the S&P 500 and the Dow Jones Industrial Average. This marks the stock's second consecutive day of gains. The rally occurred alongside broader market increases, with the S&P 500 up 0.17% and the Dow up 0.55%.
Players Era, MGM Resorts International and ESPN announce brackets and tournament arena locations for 2026 Players Era Men’s Championships
Players Era, MGM Resorts International, and ESPN announced the brackets and arena locations for the 2026 Players Era Men’s Championships. The Players Era 8 tournament will be held from November 17-19 at Michelob ULTRA Arena, while the Players Era 16 Championship will run from November 24-28 at T-Mobile Arena and Michelob ULTRA Arena in Las Vegas. All 37 games will be broadcast exclusively on ESPN networks as part of a new multi-year broadcast agreement.
MGM Resorts stock (US5529531015): fresh Q1 2026 earnings keep Vegas giant in the spotlight
MGM Resorts has released its financial results for the first quarter of 2026, providing an update on its operations across Las Vegas, regional US properties, its online betting platform BetMGM, and Macau. The company's diversified business model, combining brick-and-mortar casinos with digital wagering, positions it as a key indicator for US leisure and travel spending and the growth of online sports betting. These results are significant for US investors monitoring trends in the tourism and gaming sectors.
Las Vegas casinos comply with new anti-money-laundering regulations, though they can be expensive
Las Vegas casinos are implementing costly new anti-money-laundering (AML) regulations, focusing on stricter customer oversight and source of funds verification. Panelists at a gaming conference discussed the impact of these regulations, including banning high rollers and the requirement for compliance officers to be licensed, following significant fines imposed on Strip casinos for past AML violations. The new rules, particularly those concerning business-entity funding, are expected to affect gaming revenue and necessitate enhanced compliance measures.
IAC to Participate in TD Cowen Technology Conference
IAC will participate in the 54th Annual TD Cowen Technology, Media, and Telecom Conference on May 27, 2026. Christopher Halpin, IAC's COO and CFO, and Tim Quinn, CFO of People Inc., will host a fireside chat to discuss company strategy and market perspectives. The event will be webcast live and available for replay on IAC's investor relations website, allowing public access to the insights shared.
IAC finance chiefs join TD Cowen tech, media fireside chat
IAC (NASDAQ:IAC) announced its participation in the 54th Annual TD Cowen Technology, Media and Telecom Conference on May 27, 2026. Executive Vice President, COO, and CFO Christopher Halpin, along with People CFO Tim Quinn, will join a fireside chat at 3:00 p.m. ET. A live audio webcast and replay will be available on IAC's investor relations website, allowing investors to follow discussions on the company's ongoing restructuring, digital growth, and capital allocation strategies.
Workhorse Group (NASDAQ: WKHS) outlines Motiv merger impact in 2026 proxy
Workhorse Group has issued its 2026 proxy statement detailing the impact of its December 2025 merger with Motiv Electric Trucks, outlining a strategy focused on merger integration, product portfolio expansion, and financial strengthening. The company aims for a $20 million annualized cost-synergy run rate by the end of 2026 and plans to reduce product costs through a next-generation powertrain, modular chassis, and strategic supply chain. Stockholders are asked to vote on director elections, executive compensation, auditor ratification, and an amended long-term incentive plan.
MGM RESORTS INTERNATIONAL REVEALS LINEUP OF COCKTAIL, CULINARY AND VIP EXPERIENCES FOR DRINK LAS VEGAS, SEPT. 24-27
MGM Resorts International has announced the lineup for Drink Las Vegas, an inaugural four-day event taking place from September 24-27, 2026. The festival will feature world-class culinary and beverage talent across more than 30 MGM Resorts venues, including ARIA, Bellagio, The Cosmopolitan of Las Vegas, and Park MGM. Tickets and VIP passes are now on sale for this event, which promises intimate chef dinners, cocktail masterclasses, tasting parties, and industry panels, highlighting innovative beverage experiences, cuisine, and hospitality.
MGM RESORTS INTERNATIONAL REVEALS LINEUP OF COCKTAIL, CULINARY AND VIP EXPERIENCES FOR DRINK LAS VEGAS, SEPT. 24-27
MGM Resorts International has announced the initial lineup of cocktail, culinary, and VIP experiences for the inaugural Drink Las Vegas event, set to take place from September 24-27, 2026. This four-day spectacle, hosted by MGM Resorts and produced by a21, will feature world-class talent across over 30 iconic venues, offering diverse experiences from chef dinners and cocktail masterclasses to large-scale tasting parties. Tickets are now on sale for the event, which promises to be a transformative force in the live culinary experience landscape.
MGM Resorts International Reveals Lineup of Cocktail, Culinary and VIP Experiences for DRINK Las Vegas, Sept. 24-27
MGM Resorts International has announced the star-powered programming for the inaugural DRINK Las Vegas event, set to debut from September 24-27. This four-day spectacle, hosted by MGM Resorts and produced by a21, will feature world-class culinary and beverage talent across more than 30 iconic venues. Tickets and VIP passes are currently on sale for this experiential festival, which includes intimate dinners, masterclasses, large-scale tasting parties, and industry panels, with a portion of proceeds benefiting Keep Memory Alive.
Macquarie: Regional Casino Stocks Showing Better Post-Earnings Reaction
A Macquarie analyst reports that regional casino stocks are showing better post-earnings reactions and tracking fundamentals more closely than their larger counterparts. While some regional names like Boyd Gaming and Red Rock Resorts underperformed relative to their fundamentals, others like Full House Resorts and Monarch Casino & Resort overshot expectations. The analyst anticipates regional names will generally outperform Las Vegas Strip-heavy rivals this year, highlighting stable underlying fundamental backdrops despite market uncertainties.
MGM Resorts International stock outperforms competitors on strong trading day
MGM Resorts International (MGM) stock rose 1.36% to $36.51 on a strong trading day for the overall market. The S&P 500 Index and Dow Jones Industrial Average also saw significant gains. The stock closed 10.82% below its 52-week high of $40.94.
No More Grub: MGM Resorts Buffets Reportedly Shutting for Good in LV
MGM Resorts is reportedly closing its remaining buffets in Las Vegas by Q2 2027, including those at Excalibur, Bellagio, and the Wicked Spoon at Cosmopolitan, with the MGM Grand Buffet closing on May 31, 2026. This move reflects a shift in consumer preference towards higher-end dining experiences rather than traditional, loss-generating buffets, potentially impacting hundreds of jobs. The trend indicates a transition towards more upscale buffet concepts, with some reinvented options featuring premium offerings.
MGM Resorts stock (US5529531015): JPMorgan raises price target after April earnings
JPMorgan Chase & Co. has raised its price target for MGM Resorts to $41 following the company's latest quarterly update. MGM Resorts stock, trading on the NYSE, saw a 0.38% increase at its last close, reflecting investor interest in the casino and resort operator due to its performance in Las Vegas, regional U.S. gaming, and Macau. The company's business model is closely tied to consumer spending, travel patterns, and analyst expectations.
VICI Properties Inc stock (US9256521090): steady Las Vegas landlord raises dividend and expands casi
VICI Properties Inc, a specialized REIT focused on casino and experiential real estate, continues to expand its portfolio and increase dividends. The company, which owns properties like Caesars Palace, benefits from long-term triple-net leases and the recovery of Las Vegas tourism. While growth is driven by acquisitions and stable rental income, investors must consider risks such as tenant concentration, interest rate sensitivity, and regulatory changes in the gaming sector.
Wynn Resorts Ltd stock (US9831341030): earnings momentum and analyst moves keep casino operator in focus
Wynn Resorts Ltd is drawing investor attention due to its recent quarterly earnings exceeding Wall Street expectations and a fresh price target adjustment from Macquarie. The casino operator's recovery in Las Vegas and Macau, driven by resilient travel and gaming demand, has contributed to improved profitability. Analysts maintain a positive outlook, with a consensus "buy" rating and a mean price target of $137.94, even as shares trade around the mid-$90 range.
MGM Maintained by Macquarie -- Price Target Lowered to $46
Macquarie analyst Chad Beynon maintained an Outperform rating for MGM Resorts International (MGM) but lowered the price target to $46.00 from $48.00. Despite the lowered target, the stock is considered 22.8% undervalued by GuruFocus, with a strong GF Score™ of 82/100, driven by profitability and growth. Significant insider buying over the last three months also suggests confidence in the company's future.
IAC: Transformation to People Inc. drives digital growth, high-margin AI deals, and focused capital allocation
IAC is consolidating into People Inc., emphasizing digital media and its MGM stake, while divesting non-core assets. The company prioritizes share buybacks and targeted M&A, with growth fueled by off-platform revenue, proprietary ad tech, and high-margin AI licensing. This strategy aims for strong margins and disciplined investment.
Las Vegas Sands Corp stock (US5024413065): earnings momentum and Macau tourism in focus
Las Vegas Sands Corp (LVS) is attracting investor attention due to its latest quarterly results and the recovery of its key Asian resort markets in Macau and Singapore. The company's core business model focuses on large-scale integrated resorts, with gaming, hotel, retail, and convention businesses driving revenue. LVS's strategic shift to Asia allows it to capitalize on growing demand from middle-class and affluent consumers across China and Southeast Asia, while its US listing offers diversification for US investors.
MGM Resorts International stock underperforms Tuesday when compared to competitors
MGM Resorts International (MGM) shares fell 2.88% on Tuesday, closing at $36.02, while the broader market indices, including the S&P 500 and Dow Jones Industrial Average, also experienced declines. This slump ended a two-day winning streak for MGM, marking an underperformance relative to its competitors on a generally poor trading day.
Macquarie Adjusts MGM Resorts International PT to $46 From $48, Maintains Outperform Rating
Macquarie has lowered its price target for MGM Resorts International (NYSE: MGM) to $46 from $48, while still maintaining an Outperform rating on the stock. This adjustment reflects a revised outlook from the analyst firm. Despite the reduced price target, the continued Outperform rating suggests Macquarie believes in the company's future performance.
Bally’s quarterly revenue climbs 28% driven by Queen Casino merger, online growth
Bally's Corporation reported a 28.3% increase in first-quarter revenue, reaching $755.7 million, primarily due to the Queen Casino merger and growth in its interactive gaming business. The company saw strong performance in its Casinos & Resorts and Intralot B2C segments, along with progress on major development projects in Chicago, New York, and Las Vegas. Bally's also transitioned its loan to The Star Entertainment Group into a 38% equity stake in Australia.
MGM Resorts stock (US5529531015): Q1 revenue growth keeps Vegas and digital betting in focus
MGM Resorts reported higher first-quarter revenue, exceeding analyst expectations, driven by strong performance on the Las Vegas Strip and continued investment in digital betting. However, earnings per share fell short due to higher operating costs and technology investments. The company's core business model includes integrated casino resorts in the US and Macau, alongside a growing digital betting presence, positioning it as a key indicator for discretionary spending and tourism.
A Look At MGM Resorts (MGM) Valuation As Conflicting Fair Value Signals Emerge
MGM Resorts International (MGM) is currently showing conflicting valuation signals, with a popular narrative suggesting it's 32.6% overvalued at a fair value of $27.97 compared to its $37.09 share price. However, a Discounted Cash Flow (DCF) model indicates it could be undervalued by approximately 56.5%, estimating a future cash flow value of $85.26. The article highlights that MGM's hybrid business model, combining hospitality and digital betting, creates a complex valuation scenario and encourages investors to examine underlying assumptions and risks.
Top Things to Know This Week at MGM National Harbor – May 18
MGM National Harbor announced several events and promotions for the week of May 18, including the sold-out return of The House Guest Series at Voltaggio Brothers Steak House, featuring Chef Tobias Dorzon. Other highlights include Step & Sip line dancing, various May gift series and FREEPLAY drawings for MGM Rewards members, and weekly dining and entertainment options like Diablo's Cantina Happy Hour and karaoke nights. The venue will also host shows by Russell Peters and Electric Callboy.
Salt & Ivy's Champagne Brunch a top choice for weekend dining
MGM Resorts' Salt & Ivy restaurant at Beau Rivage has been named among the Top 3 weekend brunches on the Coast in the 2026 Coast Observer Covey Awards. The establishment offers an exquisite Champagne Brunch featuring fresh-squeezed mimosas, bellinis, and Poinsettias, alongside a diverse menu including dishes like Salmon Benedict, Mudbug Eggs, and Bananas Foster French Toast. Reservations are encouraged for this elevated dining experience.
MGM Resorts stock (US5529531015): Q1 earnings, Vegas strength and digital bets in focus
MGM Resorts reported Q1 2026 revenue of approximately $4.45 billion, a 4.2% increase year-over-year, driven by strong Las Vegas demand and growth in online gaming. Despite the revenue beat, diluted earnings per share of $0.49 fell below analyst expectations of $0.56, largely due to cost pressures and growth investments. The company's stock performance reflects investor caution amid macroeconomic uncertainties and competitive pressures, even as its diversified portfolio across gaming, hospitality, and digital betting positions it as a key indicator of US leisure spending and international tourism recovery.
MGM Stock Volatility Could Increase Post-Caesars Takeover
JPMorgan analyst Daniel Politzer suggests that if Caesars Entertainment is acquired and taken private, MGM Resorts International (NYSE: MGM) stock could become more volatile due to a reduction in publicly traded Las Vegas Strip operators. Despite the potential volatility, a rumored takeover price for Caesars in the low $30s per share implies MGM could be worth $55+ per share, and Penn Entertainment could be valued at $25-$30 per share, indicating significant upside for both. Additionally, a combined Caesars and Golden Nugget entity would likely lead to asset divestitures, creating attractive acquisition opportunities for regional gaming acquirers.
Bally’s scores Rhode Island’s second online betting licence
Bally's Corporation has secured Rhode Island's second online sports betting license, beating out Rush Street Interactive's BetRivers. The new online offering by Bally's is expected to launch in November, coinciding with the end of IGT's exclusivity. Bally's will operate for an initial term of at least five years, with an option to extend, despite the state's high 51% tax rate on online sports betting revenue.
Winners And Losers Of Q1: MGM Resorts (NYSE:MGM) Vs The Rest Of The Consumer Discretionary - Casino Operator Stocks
This article analyzes the Q1 performance of several casino operator stocks within the consumer discretionary sector, highlighting MGM Resorts as a "weakest performer" due to softer EBITDA and EPS despite a revenue beat. Conversely, Monarch (NASDAQ:MCRI) is identified as the "best performer" with significant beats on revenue, EPS, and adjusted operating income. The report also touches on the broader market sentiment, shifting from AI concerns in late 2025 to geopolitical risks in spring 2026.
MGM Resorts stock (US5529531015): investors weigh Vegas recovery, digital bets and latest earnings
MGM Resorts is under investor scrutiny following recent quarterly results, ongoing strong demand in Las Vegas, and strategic moves into digital gaming. The company's performance is driven by its large-scale casino resorts, hotels, and entertainment complexes, particularly on the Las Vegas Strip, alongside its significant presence in Macau and growing digital betting initiatives. Investors are evaluating how MGM Resorts balances its core Strip business, exposure to the Chinese market, and ambitions for online growth in a rapidly evolving industry.
Is Caesars Entertainment on the Auction Block
Caesars Entertainment (CZR) shares surged over 19% due to takeover speculation involving billionaire Tilman Fertitta and potential management-led buyout discussions. The company's strategic appeal is driven by its strong digital segment's record adjusted EBITDA and stable regional casino performance, making it an attractive target. This M&A buzz is also impacting competitors like MGM Resorts and Wynn Resorts, influencing their stock prices and strategic considerations within the gaming sector.
VICI Properties Inc stock (US9256521090): Las Vegas landlord updates investors after latest earnings
VICI Properties Inc, a real estate investment trust specializing in gaming and experiential properties, has released its latest quarterly earnings. The company, known for its significant holdings on the Las Vegas Strip, reiterated its strategy of long-term, triple-net leases with major gaming operators. This report highlights VICI Properties' business model, revenue drivers, market position, and relevance for income-focused U.S. investors, emphasizing its stable rental income and exposure to the gaming sector.
Winners And Losers Of Q1: MGM Resorts (NYSE:MGM) Vs The Rest Of The Consumer Discretionary - Casino Operator Stocks
This article analyzes Q1 earnings for several consumer discretionary casino operator stocks, highlighting MGM Resorts (MGM) as the weakest performer despite revenue growth, and Monarch (MCRI) as the strongest. The report details revenue performance and analyst estimate beats or misses for MGM, Monarch, Boyd Gaming, Wynn Resorts, and Red Rock Resorts, noting a mixed quarter overall for the sector.
Park Hotels raises 2026 RevPAR growth outlook to 0.5%-2.5% while targeting $587M-$617M adjusted EBITDA
Park Hotels & Resorts has increased its RevPAR growth forecast for 2026 to a range of 0.5% to 2.5%. The company is also targeting an adjusted EBITDA of $587 million to $617 million for the same period. This updated outlook reflects a positive adjustment to their previously communicated expectations.
PENN Entertainment Inc stock (US7055731035): ESPN Bet rollout and latest earnings put casino group in focus
PENN Entertainment Inc is under investor scrutiny due to its accelerating ESPN Bet online sportsbook rollout and recent quarterly earnings. The company's strategy involves balancing its cash-generating regional casinos with the growth ambitions and profitability challenges of its digital operations, including ESPN Bet. Regulatory frameworks and strategic partnerships are key factors influencing its long-term planning and market position in the gaming and sports betting industry.
STF Management LP Acquires 17,646 Shares of Netflix, Inc. $NFLX
STF Management LP significantly increased its stake in Netflix, Inc. (NFLX) by 280.4% in the fourth quarter, purchasing an additional 17,646 shares to bring its total holdings to 23,940 shares valued at $2.25 million. This move is part of broader institutional interest in Netflix, which now sees 80.93% ownership by such investors. The company's positive business momentum, including a stronger ad tier, more live content, and earnings beats, has also garnered bullish analyst support, with a consensus "Moderate Buy" rating and an average target price of $114.82.
MGM Resorts International $MGM Shares Sold by Helikon Investments Ltd
Helikon Investments Ltd significantly reduced its stake in MGM Resorts International by 14.3% in the fourth quarter, selling nearly 500,000 shares, though MGM remains a top holding for the fund. Despite this, institutional ownership of MGM shares remains high at 68.11%, with several other funds increasing their positions. The article also notes that MGM recently missed earnings per share expectations but exceeded revenue estimates.
Beau Rivage wins 11 awards in Casino Player's 'Best of Dining & Nightlife' survey
Beau Rivage Resort & Casino has been recognized with 11 awards in Casino Player's 2026 "Best of Dining & Nightlife" survey, as chosen by readers. The MGM Resorts International property in Biloxi, Miss., secured top spots for categories including Best Variety of Restaurants and Best Overall Entertainment, with several of its individual dining outlets and lounges also receiving accolades. This achievement highlights the resort's commitment to providing diverse dining experiences and entertainment options for its guests.
MGM Resorts stock (US5529531015): solid Q1 2026, Las Vegas and Macau drive momentum
MGM Resorts reported strong Q1 2026 results, with higher revenue and earnings fueled by robust demand in Las Vegas and a significant recovery in Macau. The company's strategy includes ongoing share repurchases, investments in digital gaming through BetMGM, and property upgrades, while navigating macroeconomic and regulatory challenges. This performance positions MGM Resorts as a key player offering exposure to both traditional casino operations and the growing online gambling market for US investors.
10 IHG Properties That Qualify for The Edit by Chase Travel Credit [Up to $500 per Stay]
Chase Sapphire Reserve cardholders can receive up to $500 in statement credits per stay at select IHG properties booked through The Edit by Chase Travel. This credit combines a general The Edit benefit with a specific brand credit for eligible hotels like those under the IHG umbrella. The article highlights 10 IHG hotels where cardholders can double-dip on these credits, along with additional on-site benefits such as property credits, complimentary breakfast, and room upgrades, making luxury stays more accessible.
Bally’s Selected for Rhode Island’s Second Online Sportsbook License
Bally’s Corporation has been selected as Rhode Island's second online sportsbook operator, beating Rush Street Interactive’s BetRivers. This marks the first expansion of the state's online sports betting market since 2019, with Bally's potentially launching its platform in November once IGT's exclusive deal expires. The state's high tax rate, which keeps 51% of online sports betting revenue, likely limited interest from other operators.
Pacer Advisors Inc. Purchases 11,067 Shares of Wynn Resorts, Limited $WYNN
Pacer Advisors Inc. significantly increased its stake in Wynn Resorts, Limited by acquiring an additional 11,067 shares, bringing its total holdings to 22,415 shares valued at approximately $2.7 million. This move follows Wynn Resorts' strong quarterly earnings, which surpassed analyst expectations, and the company's announcement of a $0.25 quarterly dividend. Analysts maintain a "Moderate Buy" rating for Wynn Resorts, with an average price target of $140.00.
ACR Alpine Capital Research LLC Has $2.39 Million Stock Holdings in MGM Resorts International $MGM
ACR Alpine Capital Research LLC significantly reduced its stake in MGM Resorts International by 63.8% in the fourth quarter, holding 65,506 shares valued at $2.39 million. Other institutional investors like New York Life Investment Management LLC, Pinnacle Associates Ltd., HighPoint Advisor Group LLC, KLCM Advisors Inc., and Swiss Life Asset Management Ltd made smaller modifications to their holdings. Analyst sentiment for MGM remains mixed, with an average "Hold" rating and a target price of $47.12, while the company recently missed EPS expectations but exceeded revenue forecasts.
