Latest News on MGM

Financial News Based On Company


Advertisement
Advertisement

MGM Resorts International highlights its integrated casino and entertainment model as investors moni

https://www.ad-hoc-news.de/boerse/news/ueberblick/mgm-resorts-international-highlights-its-integrated-casino-and/69707822
MGM Resorts International operates major casino resorts and entertainment venues, combining gaming, hospitality, and live events to generate steady cash flows. The company's diversified revenue streams, including integrated resorts and digital initiatives, help manage economic cycles and support long-term earnings. Investors monitor its concentration in Las Vegas, broader geographic reach, and focus on entertainment to assess its financial health and market position.

8 reasons to love 'Tournament of Kings' in Las Vegas

https://lasvegasmagazine.com/entertainment/2026/jul/06/eight-reasons-tournament-kings-las-vegas-strip/
The "Tournament of Kings" at Excalibur in Las Vegas, a dinner show coinciding with the hotel's medieval theme, continues to be a popular entertainment option decades after its debut. The article highlights eight reasons for its enduring appeal, including its magical setting, interactive dining experience, audience participation, thrilling plot with an evil wizard, family-friendly atmosphere, equestrian performances, knightly battles, and impressive pyrotechnics.

Caesars Entertainment highlights its casino and digital strategy as investors track the stock

https://www.ad-hoc-news.de/boerse/news/ueberblick/caesars-entertainment-highlights-its-casino-and-digital-strategy-as/69704696
Caesars Entertainment, a significant player in US gaming and hospitality, emphasizes its integrated strategy combining casino resorts and a growing online betting platform. The company's approach, which includes iconic properties, a robust loyalty program, and digital wagering, is central to its long-term investment narrative. Investors are tracking how the balance between traditional casino performance and the ramp-up of its online segment unfolds.

The Bellagio Resort from MGM Resorts - high-end Las Vegas stays drive steady room demand

https://www.ad-hoc-news.de/boerse/news/ueberblick/the-bellagio-resort-from-mgm-resorts-high-end-las-vegas-stays-drive/69701562
The Bellagio Resort & Casino, a flagship property of MGM Resorts, offers over 3,900 rooms and suites on the Las Vegas Strip, with dynamic pricing driving high demand and revenue. Its blend of luxury accommodations, gaming, dining, entertainment, and a prime location makes it a crucial asset for MGM Resorts, attracting high-spend visitors and supporting the company's loyalty program. This continuous appeal and strong financial performance are key factors for investors tracking MGM Resorts stock.

The Venetian Resort from Las Vegas Sands - flagship Las Vegas property leans on premium suites and c

https://www.ad-hoc-news.de/boerse/news/ueberblick/the-venetian-resort-from-las-vegas-sands-flagship-las-vegas-property/69701563
The Venetian Resort in Las Vegas, a key property for Las Vegas Sands (NYSE: LVS), emphasizes luxury suites and its extensive convention facilities, including the Venetian Expo. While the majority of Las Vegas Sands' revenue comes from its Asian properties, The Venetian remains a significant brand asset and a strong draw for premium leisure travelers and corporate events in the US market, despite volatile room rates influenced by event schedules. The resort's unique blend of luxury accommodations, gaming, retail, dining, and convention services continues to drive its prominence.
Advertisement

The Venetian Resort from VICI Properties - anchor asset fueling Las Vegas leisure demand

https://www.ad-hoc-news.de/boerse/news/ueberblick/the-venetian-resort-from-vici-properties-anchor-asset-fueling-las-vegas/69700593
The Venetian Resort, owned by VICI Properties, is highlighted as a key asset driving Las Vegas leisure demand with its extensive offerings including hotel suites, convention space, retail, and gaming. The resort operates under a long-term triple-net lease, ensuring stable cash flows for VICI Properties, which positions it as a major experiential REIT. The article emphasizes how The Venetian, with its unique branding and high-end services, contributes significantly to VICI's rental income and overall strategy, benefiting from strong US travel and convention trends.

Here’s why two billionaires want to take the Las Vegas Strip’s biggest casino companies private

https://cdcgaming.com/brief/heres-why-two-billionaires-want-to-take-the-las-vegas-strips-biggest-casino-companies-private/
Billionaires Tilman Fertitta and Barry Diller are looking to acquire Caesars Entertainment and MGM Resorts International, respectively, in deals totaling $35.6 billion. These acquisitions would give them control over 25 resorts in Nevada, including 16 properties on the Las Vegas Strip. The article explains the motivation behind these potential private takeovers of two of the largest casino operators.

MGM plans up to 1,000 housing units in Atlantic City near Borgata, mayor says

https://cdcgaming.com/brief/mgm-plans-up-to-1000-housing-units-in-atlantic-city-near-borgata-mayor-says/
MGM Resorts International is reportedly planning to construct up to 1,000 housing units on land it owns in Atlantic City, located between the Borgata and Harrah’s casinos. This announcement was made by Mayor Marty Small Sr. after a meeting with MGM officials, though MGM itself has yet to comment. The land has a history of development speculation, including a prior vision for a multi-billion dollar mega-casino in 2007.

BetMGM renews MLB partnership with plans for more co-branded casino games

https://www.sportsline.com/casinos/betmgm-renews-mlb-partnership-with-plans-for-more-co-branded-casino-games/
MGM Resorts International has renewed its exclusive partnership with Major League Baseball, continuing as the league's official integrated resort and casino partner. The multiyear extension will lead to BetMGM Casino integrating more MLB-themed online casino games and maintaining widespread marketing across MLB platforms. This collaboration builds on an agreement first established in 2018, reinforcing MGM's commitment to innovation and fan engagement within the sports and gaming sectors.

BetMGM renews MLB partnership with plans for more co-branded casino games

https://www.sportsline.com/insiders/betmgm-renews-mlb-partnership-with-plans-for-more-co-branded-casino-games/
MGM Resorts International has renewed its exclusive partnership with Major League Baseball, designating BetMGM Casino to develop more MLB-themed online casino content. This multiyear extension builds on their 2018 agreement, allowing BetMGM to continue marketing its gaming offerings across MLB platforms and fostering innovation in fan experience. The BetMGM Casino app will expand its current MLB-centric titles, such as MLB Blackjack and team-branded slots, with additional co-branded games.
Advertisement

MSC - Studio City International Holdings Ltd ADR Volatility & Greeks

https://finviz.com/stock?t=MSC&ty=ocv&p=d&r=m3&e=2026-02-07
This article provides a detailed financial overview of Studio City International Holdings Ltd ADR (MSC), including its last closing price, market capitalization, income, sales, and various financial ratios. It also presents key performance indicators such as EPS, sales growth, and volatility metrics, alongside insider and institutional ownership data.

Owner of People Inc., publisher of PEOPLE, adopts PPLI ticker

https://www.stocktitan.net/news/PPLI/iac-is-now-people-incorporated-with-new-ticker-ej49tvybyaui.html
IAC has legally changed its name to People Incorporated and will now trade on Nasdaq under the ticker symbol PPLI, effective June 4, 2026. People Incorporated owns America's largest publisher, People Inc., which includes over 40 celebrated brands like PEOPLE, Food & Wine, and Travel + Leisure, and also holds a significant minority stake in MGM Resorts International. This change reflects the company's focus on enduring consumer brands and real-world experiences, with no action required from shareholders.

Barry Diller's People Inc. is bidding to take MGM Resorts private in an $18 billion deal

https://qz.com/barry-diller-people-inc-mgm-resorts-private-060126
Barry Diller's company, People Inc., is making an $18 billion bid to acquire MGM Resorts International and take it private. This move indicates a significant potential shift in the ownership and operational structure of the prominent casino and hospitality giant.

How Flutter’s Removal from Key Russell Growth Indices Will Impact Flutter Entertainment (FLUT) Investors

https://simplywall.st/stocks/us/consumer-services/nyse-flut/flutter-entertainment/news/how-flutters-removal-from-key-russell-growth-indices-will-im
Flutter Entertainment (NYSE: FLUT) was recently removed from several Russell growth indices, including Russell 1000 Growth and Russell 3000 Growth. This exclusion may lead to passive and index-tracking investors selling shares, potentially affecting its stock price and sentiment. The article emphasizes that while this removal could cause short-term trading shifts, it doesn't alter Flutter's core investment case centered on US growth and efficiencies, despite ongoing concerns about leverage and regulatory pressure.

If You Invested $1,000 in Gaming And Leisu (GLPI)

https://www.stocktitan.net/tools/stock-return-calculator/GLPI
This article analyzes the historical performance of Gaming and Leisure Properties, Inc. (GLPI) stock, detailing hypothetical returns on $1,000 investments over 1, 5, and 10 years, and since July 2015. It shows that a $1,000 investment 10 years ago would be worth $1,254 today. The article also provides a company overview, explaining GLPI's business model as a REIT focused on owning and financing gaming real estate under triple-net lease arrangements, and discusses its growth strategy, earnings profile, and risk considerations.
Advertisement

WYNN - Wynn Resorts Ltd Latest SEC Filings

https://finviz.com/stock?t=WYNN&ta=1&p=d&ty=lf&b=2&page=1
This article provides the latest SEC filings and comprehensive financial data for Wynn Resorts Ltd (WYNN). It details key financial metrics such as market capitalization, income, sales, dividend information, various valuation ratios, and performance indicators. The report also includes ownership percentages, profitability margins, and stock performance data across different timeframes.

Wynn Resorts outlook shaped by global travel demand

https://www.ad-hoc-news.de/boerse/news/ueberblick/wynn-resorts-outlook-shaped-by-global-travel-demand/69682501
Wynn Resorts Ltd faces challenges in luxury gaming and hospitality due to evolving global travel patterns, consumer spending, and regulatory expectations. The company's long-term success hinges on balancing its Las Vegas and Macau operations with future development plans, maintaining a diversified revenue base, and managing its capital-intensive assets effectively.

MTN - Vail Resorts Inc Volatility & Greeks

https://finviz.com/stock?t=MTN&ta=0&p=d&ty=ocv&b=1&r=m6&ov=chain_date&e=2026-11-20
This article provides a detailed financial overview of Vail Resorts Inc. (MTN), including its stock performance, key financial metrics, volatility, and "Greeks" (implied volatility and other options-related data, though specific "Greeks" values aren't explicitly listed beyond general volatility). It presents a snapshot of the company's valuation, profitability, growth rates, and institutional ownership, offering a comprehensive look at its current market standing. The data covers various aspects from market capitalization and dividend yield to EPS trends and analyst recommendations.

What Caesars Entertainment (CZR)'s Wabanaki iCasino Expansion and Bearish Zacks Rank Mean For Shareholders

https://simplywall.st/stocks/us/consumer-services/nasdaq-czr/caesars-entertainment/news/what-caesars-entertainment-czrs-wabanaki-icasino-expansion-a
Caesars Entertainment (CZR) has expanded its iCasino partnership with Wabanaki Nations in Maine, adding three new iGaming platforms. However, the company is facing concerns over its valuation and substantial debt, leading to a Zacks Rank #5 (Strong Sell) rating due to sharply reduced earnings estimates. This development highlights the tension between Caesars' digital growth strategy and its financial challenges, further complicated by a recent cash offer from Fertitta Entertainment.

MGM Shareholder News: MGM Resorts Investigated Over $48.30 per share Offer – Current Shareholders Notified to Contact BFA Law

https://www.lincolnjournal.com/online_features/press_releases/mgm-shareholder-news-mgm-resorts-investigated-over-48-30-per-share-offer-current-shareholders-notified/article_5ab22a08-c852-5a61-a9ff-06b984fd7891.html
Bleichmar Fonti & Auld LLP (BFA Law) is investigating a $48.30 per share offer by Barry Diller's company, People, Inc., to acquire the remaining stock of MGM Resorts International. The investigation focuses on potential breaches of fiduciary duty by MGM's board and Diller, who is a director and the largest single stockholder, due to inherent conflicts of interest. Current MGM shareholders are encouraged to contact BFA Law for discussions regarding their rights.
Advertisement

MGM Shareholder News: MGM Resorts Investigated Over $48.30 per share Offer – Current Shareholders Notified to Contact BFA Law

https://www.globenewswire.com/news-release/2026/07/03/3321753/0/en/mgm-shareholder-news-mgm-resorts-investigated-over-48-30-per-share-offer-current-shareholders-notified-to-contact-bfa-law.html
BFA Law is investigating Barry Diller’s $48.30 per share offer to acquire MGM Resorts International. The investigation stems from potential conflicts of interest as Diller is a director of MGM and controls People, Inc., MGM’s largest single stockholder, which made the unsolicited bid. Current MGM shareholders are encouraged to contact BFA Law to understand their legal options regarding this transaction.

MGM Resorts (NYSE: MGM) director awarded 836 deferred stock units as board pay

https://www.stocktitan.net/sec-filings/MGM/form-4-mgm-resorts-international-insider-trading-activity-9b93dc9631c6.html
MGM Resorts International director Keith A. Meister was granted 836.6451 deferred stock units (DSUs) as part of his board compensation. These DSUs, economically equivalent to one share of MGM common stock each at a reference value of $47.81, are issued under the company's Deferred Compensation Plan for Non-Employee Directors. Following this transaction, Meister directly holds a total of 70,478.1414 DSUs, which will become payable upon the termination of his service as a director.

MGM Resorts International Stock 12‑Month Price Target Raised to $47.5

https://www.tradingview.com/news/tradingview:0f8e90e094a0e:0-mgm-resorts-international-stock-12-month-price-target-raised-to-47-5/
The average 12-month price target for MGM Resorts International (MGM) stock has been raised from $47.06 to $47.5 by 18 analysts, with individual forecasts ranging from $33 to $59 per share. The consensus analyst rating for MGM remains a "Buy" from 26 covering analysts, including 12 Buys, 11 Holds, and 3 Sells.

Las Vegas Sands leans on Asian resorts as travel demand recovers

https://www.ad-hoc-news.de/boerse/news/ueberblick/las-vegas-sands-leans-on-asian-resorts-as-travel-demand-recovers/69676614
Las Vegas Sands is focusing on its Asian integrated resorts in Macau and Singapore to capitalize on recovering travel demand and tourism normalization, after exiting its Las Vegas Strip properties. The company's strategy emphasizes long-term investment in property upgrades, premium gaming, high-end hotels, and convention business. Investors are monitoring visitation trends, regulatory changes, and infrastructure improvements in key markets to assess the stock's future performance and potential shareholder returns.

Small: MGM plans up to 1,000 housing units on land between Borgata and Harrah's casinos

https://pressofatlanticcity.com/news/local/casinos/article_859d708e-da0a-472d-87bf-c25266c94a8f.html
Atlantic City Mayor Marty Small Sr. announced that MGM Resorts International is proposing to build up to 1,000 housing units on vacant land it owns between the Borgata and Harrah's casinos. This development follows a December Planning Board endorsement to loosen development rules on the 70-acre site, allowing for a mixed-use neighborhood with homes, commercial spaces, and improved pedestrian access. The initiative aims to attract year-round residents, second-home buyers, casino employees, and medical workforce members.
Advertisement

MGM-owned LeoVegas opts out of Alberta online casino industry

https://www.sportsline.com/casinos/mgm-owned-leovegas-opts-out-of-alberta-online-casino-industry/
LeoVegas, an online casino owned by MGM Resorts International, has decided against launching in Alberta's upcoming online casino market, despite having operations in Ontario. The company cited a strategic review focused on growing its existing business in Ontario. While LeoVegas might reconsider in the future, its current focus remains on its established market, while other operators like Betano and TonyBet are still planning to expand into Alberta.

LVS - Las Vegas Sands Corp Options

https://finviz.com/quote?t=LVS&ta=1&p=w&ty=oc&r=y2&ov=chain_strike&s=41
This article provides a comprehensive overview of Las Vegas Sands Corp (LVS) stock, including its latest financial data, performance metrics, and analyst recommendations. It details key financial figures like market cap, income, sales, and various ratios, alongside stock performance over different periods. The article also includes insider and institutional ownership data, dividend information, and options trading details.

Citigroup Adjusts Price Target on MGM Resorts International to $48 From $40, Maintains Neutral Rating

https://www.marketscreener.com/news/citigroup-adjusts-price-target-on-mgm-resorts-international-to-48-from-40-maintains-neutral-ratin-ce7f5fd3d98bf02d
Citigroup has raised its price target for MGM Resorts International (MGM) to $48 from $40, while reaffirming a Neutral rating on the stock. This adjustment comes despite the broader casino and gaming sector experiencing various news updates, including renewed partnerships for MGM and BetMGM with Major League Baseball, and other analyst adjustments for the company. MGM Resorts International operates numerous casino hotels globally and holds a 50% stake in BetMGM.

MGM Resorts updates its growth story as Las Vegas and digital expansion shape the outlook

https://www.ad-hoc-news.de/boerse/news/ueberblick/mgm-resorts-updates-its-growth-story-as-las-vegas-and-digital-expansion/69670717
MGM Resorts is positioning itself as a leading global gaming and hospitality group, with a focus on its Las Vegas resorts, regional properties, and expanding digital operations. The company diversifies revenue through gaming, hotel operations, entertainment, and retail, while emphasizing cost discipline. Its strategy includes investment in digital gaming and sports betting to complement its traditional resort business and deepen customer relationships.

MGM Resorts International (MGM) Renews MLB Partnership, Is The Growth Already Priced In?

https://simplywall.st/stocks/us/consumer-services/nyse-mgm/mgm-resorts-international/news/mgm-resorts-international-mgm-renews-mlb-partnership-is-the
MGM Resorts International (MGM) has renewed its partnership with Major League Baseball, strengthening its position as the league's exclusive integrated resort and casino partner. Despite soft short-term momentum, the company has seen significant gains over the past 90 days and a year. Valuation models present conflicting views, with one narrative suggesting the stock is overvalued at $47.52 compared to a fair value of $27.97, while another discounted cash flow model indicates it is undervalued relative to a future cash flow value of $64.13.
Advertisement

MGM Resorts International (MGM) Renews MLB Partnership, Is The Growth Already Priced In?

https://simplywall.st/stocks/us/consumer-services/nyse-mgm/mgm-resorts-international/news/mgm-resorts-international-mgm-renews-mlb-partnership-is-the/amp
MGM Resorts International (MGM) has renewed its partnership with Major League Baseball, extending its role as the league's exclusive integrated resort and casino partner. While MGM's short-term stock momentum is soft, its 90-day and 1-year returns are positive, reflecting improving sentiment due to this partnership, BetMGM's profitability, and future projects like the Japan resort. The article discusses conflicting valuation models, with one suggesting MGM is overvalued at $47.52 compared to a fair value of $27.97, and another (SWS DCF model) indicating it trades below an estimated future cash flow value of $64.13.

MGM Investor Notice: Hold Shares of MGM Resorts? Investigation into Proposed Offer is Ongoing

https://www.accessnewswire.com/newsroom/en/business-and-professional-services/mgm-investor-notice-hold-shares-of-mgm-resorts-investigation-int-1185226
Bleichmar Fonti & Auld LLP (BFA Law) is investigating Barry Diller's proposed $48.30 per share offer to acquire the remaining stock of MGM Resorts International. The investigation focuses on potential breaches of fiduciary duty due to Diller's position as an MGM director and his company, People, Inc., being MGM's largest stockholder, creating conflicts of interest. Current MGM shareholders are encouraged to contact BFA Law to understand their rights in this ongoing inquiry.

Wynn Signature Spas from Wynn Resorts Ltd. - quiet revenue engine behind the casino lights

https://www.ad-hoc-news.de/boerse/news/ueberblick/wynn-signature-spas-from-wynn-resorts-ltd-quiet-revenue-engine-behind/69669965
Wynn Signature Spas are highlighted as a significant contributor to Wynn Resorts Ltd.'s non-gaming revenue, attracting high-spending guests with luxury wellness services in Las Vegas and Macau. The article details how these spas, with their premium pricing and focus on service intensity, provide a crucial buffer against the volatility of casino operations. For investors, understanding these non-gaming offerings is key to grasping Wynn's broader performance and premium market positioning.

People Incorporated (PPLI)’s Predecessor IAC Inc Was A Top Stock In Highbridge Capital’s Holdings

https://www.insidermonkey.com/blog/people-incorporated-pplis-predecessor-iac-inc-was-a-top-stock-in-highbridge-capitals-holdings-1793560/
People Incorporated (PPLI), formerly IAC Inc., was a significant holding for billionaire Glenn Dubin’s Highbridge Capital. The company, which owns brands like Entertainment Weekly and Investopedia, has seen its shares rise 24% over the past year. People Incorporated recently proposed acquiring the remaining shares of MGM it doesn't own for $48.30 per share, citing the undervaluation of MGM's assets and growth opportunities.

Las Vegas Sands stock hits 52-week low at 45.9 USD

https://ng.investing.com/news/stock-market-news/las-vegas-sands-stock-hits-52week-low-at-459-usd-93CH-2582528
Las Vegas Sands (LVS) stock has reached a 52-week low of $45.90, despite InvestingPro analysis indicating it is undervalued with significant upside potential. The stock's performance reflects challenges in the gaming and hospitality sectors, even as analysts from Mizuho, Jefferies, and Stifel have recently raised their price targets based on strong Macau and Singapore results. The broader gaming industry is also seeing consolidation, with takeover bids for Caesars Entertainment and MGM Resorts International.
Advertisement

Las Vegas Sands stock hits 52-week low at 45.9 USD

https://m.uk.investing.com/news/stock-market-news/las-vegas-sands-stock-hits-52week-low-at-459-usd-93CH-4753062?ampMode=1
Las Vegas Sands Corporation's stock has hit a 52-week low of $45.90, reflecting a 28% decline over the past six months and a 4.16% drop over the last year. This decline comes amidst fluctuating market conditions, though analysts have recently raised price targets for the company due to strong performance in Macau and Singapore. The article also touches on broader activity in the gaming and lodging sectors, including potential consolidation and takeover bids involving other major players like MGM Resorts and Caesars Entertainment.

Las Vegas Sands stock hits 52-week low at 45.9 USD By Investing.com

https://m.au.investing.com/news/stock-market-news/las-vegas-sands-stock-hits-52week-low-at-459-usd-93CH-4513916?ampMode=1
Las Vegas Sands Corporation (LVS) stock has hit a 52-week low of $45.90, currently trading at $46.07 after a 28% decline over six months. Despite this, analysts like Mizuho, Jefferies, and Stifel have maintained or raised price targets, citing strong Macau performance. The article also mentions activity in the broader gaming sector, including takeover bids for Caesars Entertainment and MGM Resorts, indicating potential industry consolidation.

Las Vegas Sands stock hits 52-week low at 45.9 USD

https://www.investing.com/news/company-news/las-vegas-sands-stock-hits-52week-low-at-459-usd-93CH-4770693
Las Vegas Sands (LVS) stock recently hit a 52-week low of $45.90, though its current price is slightly above this at $46.07. The stock has seen a 28% decline over the past six months and a 4.16% drop over the last year. Despite this, InvestingPro analysis suggests the stock is currently undervalued with significant upside potential.

Boyd Gaming to report Q2 results July 23, then host investor call

https://www.stocktitan.net/news/BYD/boyd-gaming-to-report-second-quarter-2026-results-host-conference-ze50qjlpze7c.html
Boyd Gaming Corporation (NYSE: BYD) announced it will report its second-quarter 2026 results on July 23, 2026, shortly after 4:00 p.m. Eastern. The company will then host a conference call and webcast at 5:00 p.m. Eastern, with replay options available through July 30. This announcement provides key details for investors regarding access to the results and the subsequent discussion.

MGM Investigation Notification: The MGM Resorts Proposed Transaction is being Investigated – Contact BFA Law if You Hold Shares

https://www.globenewswire.com/news-release/2026/07/01/3320447/0/en/mgm-investigation-notification-the-mgm-resorts-proposed-transaction-is-being-investigated-contact-bfa-law-if-you-hold-shares.html
Bleichmar Fonti & Auld LLP is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International due to potential conflicts of interest. Diller, an MGM board member and founder of People, Inc. (MGM's largest stockholder), "stands on both sides" of the proposed deal, which could lead to breaches of fiduciary duty. Current MGM shareholders are encouraged to contact BFA Law to understand their legal options, as the firm will investigate if the potential agreement complies with Delaware law regarding such conflicts.
Advertisement

MGM China Pays $20M for Company Behind MGM Mainland China Hotels

https://www.casino.org/news/mgm-china-pays-20m-for-company-behind-mgm-mainland-china-hotels/
MGM China has acquired MGM Asia-Pacific Ltd for $20 million, gaining strategic control over eight MGM-branded hotels in mainland China and a pipeline of a dozen more projects. This bolt-on acquisition, while not involving gaming venues, allows MGM China to strengthen its presence in hospitality and tourism in Greater China and promote its Macau integrated resorts. The transaction is considered minor for MGM Resorts International, which owns about 56% of MGM China, given its larger market capitalization and ongoing business ventures.

MGM Resorts International (MGM) Stock Down 3.8% but Still Overvalued -- GF Score: 79/100

https://www.gurufocus.com/news/8939669/mgm-resorts-international-mgm-stock-down-38-but-still-overvalued-gf-score-79100
MGM Resorts International (MGM) shares dropped 3.8% to $47.81, yet the stock is considered 1.9% overvalued according to GuruFocus's GF Value™. The company holds a GF Score™ of 79/100, indicating an above-average position, but its financial strength is weak at 3/10. Insider selling of $0.3 million over the past three months further suggests caution for investors.

MGM China buys mainland China hotel management business from parent MGM Resorts in strategic expansion move

https://asgam.com/2026/07/01/mgm-china-buys-mainland-china-hotel-management-business-from-parent-mgm-resorts-in-strategic-expansion-move/
MGM China has acquired MGM Asia-Pacific Ltd from its parent company, MGM Resorts International, for US$20 million. This acquisition, completed on June 30, 2026, gives MGM China strategic and operational control over a light-asset hotel management business that operates eight hotels and has 12 more under development in mainland China. Although currently loss-making, MGM China views this as a strategic opportunity to consolidate its presence in the hospitality and cultural tourism sectors in Greater China.

MGM, Strong Q2 Performance Amid Consumer Spending Revival

https://www.gurufocus.com/news/8939394/mgm-strong-q2-performance-amid-consumer-spending-revival
MGM Resorts International (MGM) saw its shares surge over 37% in Q2 2026, driven by revitalized consumer spending in the discretionary sector. Despite missing earnings expectations, management remains optimistic, and a proposal to acquire MGM at $48.30 per share was made. The company's GF Score™ of 79/100 suggests strong overall performance, though its high P/E ratio indicates premium valuation and insider selling hints at some caution.

MGM National Harbor to start charging for parking. But there's a workaround.

https://www.bizjournals.com/washington/news/2026/06/30/mgm-national-harbor-paid-parking-garage-rewards.html
MGM National Harbor will begin charging $15 per day for parking starting July 13, 2026. However, a simple workaround will allow some visitors to continue parking for free. The article hints at this method without explicitly stating it in the preview.
Advertisement

PENN Entertainment Inc. stock underperforms Tuesday when compared to competitors

https://www.marketwatch.com/data-news/penn-entertainment-inc-stock-underperforms-tuesday-when-compared-to-competitors-efa2e137-056d4b5bca4f?mod=mw_quote_news
PENN Entertainment Inc. (PENN) shares fell 3.17% on Tuesday, closing at $21.36, despite a generally positive day for the stock market. Both the NASDAQ Composite Index and the Dow Jones Industrial Average saw gains. This decline broke a three-day winning streak for the company's stock.

MGM Resorts International stock underperforms Tuesday when compared to competitors

https://www.marketwatch.com/data-news/mgm-resorts-international-stock-underperforms-tuesday-when-compared-to-competitors-943a798e-a1af2851c5aa?mod=mw_quote_news
Shares of MGM Resorts International (MGM) underperformed on Tuesday, falling 3.78% to $47.81, despite a positive trading session for the broader stock market. The S&P 500 Index and Dow Jones Industrial Average both saw gains, making this a notable dip for MGM, which also ended a five-day winning streak.

10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital

https://www.insidermonkey.com/blog/10-best-stocks-to-buy-according-to-billionaire-glenn-dubins-highbridge-capital-1791797/2
This article highlights IAC Inc. (now People Incorporated) as one of the best stocks to buy, according to billionaire Glenn Dubin's Highbridge Capital. People Incorporated recently proposed to acquire MGM shares it doesn't already own for $48.30 per share, with chairman Barry Diller emphasizing MGM's undervalued assets and strong management. The firm believes MGM offers robust real-world assets difficult for AI to replicate, along with significant digital growth potential.

PENN Entertainment Sheds Indiana Bid to Boost Income Tax Base

https://news.bloombergtax.com/daily-tax-report-state/penn-entertainment-sheds-indiana-bid-to-boost-income-tax-base
The Indiana Supreme Court ruled in favor of Penn Entertainment Inc., allowing the casino operator to exclude almost $2 billion in unapportioned wagering taxes paid to other states from its Indiana income tax base. This decision reverses a lower tax court ruling and clarifies how Indiana's add-back provision applies to taxes "based on or measured by income." The court agreed that taxes paid to other states must be added back, determining that wagering taxes did not meet this criteria.

$MGM Notification: MGM Resorts Potential Acquisition by People for $48.30 is being Investigated on behalf of Current Shareholders

https://www.morningstar.com/news/pr-newswire/20260630ny94570/mgm-notification-mgm-resorts-potential-acquisition-by-people-for-4830-is-being-investigated-on-behalf-of-current-shareholders
BFA Law is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International on behalf of current shareholders. The investigation focuses on potential breaches of fiduciary duty due to conflicts of interest, as Diller is an MGM director and People, Inc. (his company), is MGM's largest shareholder. Shareholders are encouraged to contact BFA Law to discuss their rights, as the firm will assess if the proposed deal complies with Delaware law regarding fairness.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement