MGM Resorts reported mixed Q1 earnings with a $78M revenue beat but missed EPS due to one-time items. Positive trends include growth in MGM Digital and China segments, and the Las Vegas Strip's first growth in six quarters. This turnaround supports optimism for 2024 EBITDA growth, leading to recent sell-side upgrades and a maintained Buy rating with a $54/share target. Upcoming Las Vegas GGR data is a key catalyst for further stock gains.
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,...
