MGM Resorts is expected to report better-than-expected Q1 results, driven by strong Macau growth and stable regional performance despite softness on the Las Vegas Strip. The company projects 3% total revenue growth and $661 million in adjusted EBITDAR. Its premium assets and global diversification support a $50 price target, implying 20% upside. Risks include consumer confidence and geopolitical factors, but margin recovery and easier comparisons later in the year could boost earnings further.
BetMGM, a leading North American sports betting and iGaming operator jointly owned by MGM Resorts and Entain, will publish its business update for the second quarter of 2026 on July 28. The company will host a live audio webcast and Q&A session for i...
Bleichmar Fonti & Auld LLP is investigating Barry Diller's $48.30 per share offer to acquire the remaining shares of MGM Resorts International due to potential breaches of fiduciary duty. Diller, a board member and largest shareholder through People,...
