MGM Resorts

Extracted Attributes

• Revenue

  $13.13 billion USD (2022)

• Former Names

  Grand Name Co., MGM Grand, Inc., MGM Mirage

• Headquarters

  Las Vegas, Nevada, United States

• Incorporated

  1986

• Stock Ticker

  NYSE: MGM

Timeline

• The company was incorporated as Grand Name Co., a subsidiary of Tracinda Corporation. (Source: Wikipedia)

  1986-01-01

• The company began operations under the name MGM Grand, Inc. (Source: Wikipedia)

  1987-01-01

• The company changed its name to MGM Mirage after acquiring Mirage Resorts. (Source: Wikipedia)

  2000-08-01

• Shareholders voted to change the company name to MGM Resorts International to emphasize its global scope. (Source: Wikipedia)

  2010-06-15

• The company split into two entities: MGM Growth Properties (real estate) and MGM Resorts (operations). (Source: Wikipedia)

  2015-01-01

• MGM Resorts became the largest casino company in the world by revenue, reporting $13.13 billion USD for the year. (Source: Wikipedia)

  2022-12-31

• MGM Resorts reported Q1 2026 consolidated net revenues of $4.5 billion and Consolidated Adjusted EBITDA of $580 million. (Source: StockTitan)

  2026-03-31

MGM Resorts International

MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the Bellagio, Mandalay Bay, MGM Grand and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gambling (lodging, food, retail) revenue began to outpace gambling receipts, and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gambling industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided with the 2008 financial crisis, causing more than $1 billion in write-offs in its valuation. Billionaire investor Kirk Kerkorian and his Tracinda Corporation were, until 2009, the majority shareholders of MGM Mirage; Kerkorian was the former owner of the Metro-Goldwyn-Mayer (MGM) movie studio, from which MGM Grand derived its name. Following a $1 billion stock offering by MGM Mirage amidst the global credit crunch, Tracinda's shares were diluted from 53.8% to 39%. On June 15, 2010, shareholders voted for MGM Mirage to change its name to "MGM Resorts International". In 2015, the company split into two: MGM Growth Properties, a real estate company, and MGM Resorts, which shifted to operating properties. Today, MGM Resorts is the largest casino company in the world by revenue, making $13.13 billion USD in revenue in 2022.

Web Search Results

• MGM Resorts International (MGM) Stock Price, News, Quote & History

  MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms. Its casino operations include slots and table games, as well as live dealer, online sports betting, and iGaming through BetMGM. The company's customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was [...] trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada. [...] MGM Resorts is experiencing a significant uptick in stock performance, largely driven by a buyout proposal from People Incorporated. The company has also seen a strong year-to-date increase, but analysts remain cautious about long-term growth prospects. Updated 20m ago · Powered by Yahoo Scout Previous Close 47.22 Open 48.15 Bid 49.13 x 20000 Ask 49.40 x 30000 Day's Range 47.95 - 49.36 52 Week Range 29.19 - 51.59 Volume 4,337,251 Avg. Volume 5,059,431 Market Cap (intraday) 12.529B Beta (5Y Monthly) 1.31 PE Ratio (TTM) 67.08 EPS (TTM) 0.73 Earnings Date (est.) Jul 29, 2026 Forward Dividend & Yield -- Ex-Dividend Date Dec 8, 2022 1y Target Est 46.56

• MGM Resorts International

  Starting in April 2009, news reports surfaced that MGM Mirage had hired investment firm Morgan Stanley to assist the company in finding possible buyers for the MGM Grand Detroit and the Beau Rivage.( ### Name change and recent years (2010–present) [edit")] In June 2010, MGM Mirage changed its name to "MGM Resorts International", to emphasize the brand's global scope and increased non-gambling strategy.( In May 2011, an initial public offering was held for the MGM Macau property through a new holding company, MGM China. MGM retained a 51 percent interest in the company, with Pansy Ho holding a 29 percent stake, and 20 percent sold to public investors for $1.5 billion.( In January 2013, MGM China received government approval to build its second resort in Macau.( [...] In 1985, Kerkorian began seeking a buyer for MGM Grand Hotels, to allow him to concentrate on running United Artists and on developing new properties under the MGM Grand name.( A deal was reached for Bally Manufacturing to buy the company; the deal closed in April 1986,( and the two casinos were renamed under the Bally's brand.( The terms of the sale allowed Kerkorian to retain rights to the MGM Grand name, and plans were announced to offer the stockholders of MGM Grand Hotels shares in a new company that would hold the naming rights.( The company now known as MGM Resorts International was formed in 1986 as Grand Name Co.( as a subsidiary of Kerkorian's Tracinda Corporation.( It was renamed in 1987 as MGM Grand, Inc.( [...] in Las Vegas, the Golden Nugget in Laughlin, and the Beau Rivage in Mississippi, and a half share of the Monte Carlo. The company changed its name to MGM Mirage in August 2000.( Mirage had also owned a half stake in the Borgata, a planned casino in Atlantic City, in a joint venture managed by Boyd Gaming.( Work on the Borgata continued apace, and it would open in July 2003.(

• Mgm Resorts (MGM) Stock News & Updates | StockTitan

  Rhea-AI Summary MGM Resorts (NYSE: MGM) reported 1Q 2026 results: consolidated net revenues of $4.5 billion (+4%), net income attributable to MGM Resorts of $125 million, and Consolidated Adjusted EBITDA of $580 million. The company closed the sale of MGM Northfield Park operations for $546 million and repurchased ~2 million shares for $90 million. Notable segment performance included MGM Digital revenue of $183 million (+43%) and BetMGM showing positive operating income in the quarter. Remaining repurchase availability was approximately $1.5 billion as of March 31, 2026. Rhea-AI Impact Rhea-AI Sentiment End-of-Day -0.84% Tags earnings ## FAQ ### What is the current stock price of Mgm Resorts (MGM)? The current stock price of Mgm Resorts (MGM) is $48.97 as of June 12, 2026. [...] stocktitan logo STOCK TITAN Login Sign up Login Sign up 1. Home 2. News 3. MGM MGM Stock Logo # Mgm Resorts (MGM) Stock News MGM NYSE Welcome to our dedicated page for Mgm Resorts news (Ticker: MGM), a resource for investors and traders seeking the latest updates and insights on Mgm Resorts stock. MGM Resorts International reports developments across its integrated resort, casino, digital gaming, and hospitality operations. Recurring updates cover Las Vegas Strip Resorts, Regional Operations, MGM China in Macau, MGM Digital, and the BetMGM North America venture for sports betting and iGaming. News also includes quarterly operating results, guest-experience investments at MGM MACAU and MGM COTAI, brand partnerships, and capital-allocation actions. [...] The offer implies premiums of 24.1% to the 30-day VWAP, 30%+ to the 90-day VWAP, and 10.6% to the latest close. People Incorporated currently owns 26.1% of MGM and expects to fund the deal using existing cash plus new debt and equity, targeting just over 50.1% post-closing ownership, subject to due diligence, financing and regulatory approvals. Rhea-AI Impact Rhea-AI Sentiment End-of-Day 16.08% Tags acquisition - News ## MGM RESORTS INTERNATIONAL REVEALS LINEUP OF COCKTAIL, CULINARY AND VIP EXPERIENCES FOR DRINK LAS VEGAS, SEPT. 24-27 Rhea-AI Summary MGM Resorts (NYSE:MGM) will host the inaugural Drink Las Vegas festival on September 24–27, 2026 across more than 30 venues at ARIA, Bellagio, The Cosmopolitan of Las Vegas and Park MGM.

• MGM Resorts International News and Press Releases | PR Newswire

  ### Jan 09, 2026, 09:00 ET MGM Resorts International Announces Fourth Quarter and Full Year 2025 Earnings Release Date MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2025... MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA ### Dec 23, 2025, 09:25 ET MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINA MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has entered into a new Long Term Branding Agreement with MGM China Holdings... MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORS [...] ### Dec 16, 2025, 14:00 ET MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORS MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has reached a major milestone with its responsible gaming program, GameSense®. ... NoMad Las Vegas Set to Rebrand into The Reserve at Park MGM ### Dec 01, 2025, 09:30 ET NoMad Las Vegas Set to Rebrand into The Reserve at Park MGM MGM Resorts International announced today that NoMad Las Vegas will begin to transition into The Reserve at Park MGM, with the full rebrand taking... MGM Grand Completes $300 Million Room and Suite Remodel, Welcoming New Era for Iconic Las Vegas Resort [...] ### Feb 05, 2026, 16:15 ET MGM RESORTS INTERNATIONAL REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS Global portfolio strength drives growth in 2025 4Q25 consolidated net revenues of $4.6 billion, net income attributable to MGM Resorts of $294... MGM Resorts International Updates Earnings Release Date ### Feb 04, 2026, 18:15 ET MGM Resorts International Updates Earnings Release Date MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has adjusted the date for the release of its financial ... BETMGM FY 2025 BUSINESS UPDATE ### Feb 04, 2026, 07:00 ET BETMGM FY 2025 BUSINESS UPDATE BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE: MGM)...

• MGM Resorts International | Global Gaming and ...

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