MGM Resorts International (N:MGM)

Business Focus: Casinos

May 27, 2020 02:30 pm ET
MGM Resorts Announces Opening Dates For First Las Vegas Properties
LAS VEGAS, May 27, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") announced its planned June 4 reopening of Bellagio, New York-New York, MGM Grand Las Vegas and The Signature, following the closure earlier this year of all of its U.S. properties amidst the coronavirus crisis.  At opening, amenities at all properties will be limited. As demand for the destination builds, additional venues within these resorts will open and other MGM Resorts properties on The Strip will reopen....
May 27, 2020 09:31 am ET
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May 20, 2020 11:00 am ET
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NEW YORK, May 20, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KTOV, SRNE, SHIP, MRNA, and MGM....
May 19, 2020 04:46 pm ET
Las Vegas Gaming Industry to Offer Testing for Employees Prior to Return to Work
LAS VEGAS, May 19, 2020 /PRNewswire/ -- In a broad collaborative plan created by business and community leaders, Las Vegas gaming and resort properties will partner with University Medical Center (UMC), the Culinary Health Fund and the Las Vegas Convention Center to provide COVID-19 testing for gaming employees prior to their return to work. The testing will be conducted at the Las Vegas Convention Center as properties re-open following the direction of State officials....
May 19, 2020 09:00 am ET
MGM Resorts Announces Opening Dates For Mississippi Properties
BILOXI, Miss., May 19, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced the reopening dates of its Mississippi resorts, the first of the company's U.S. properties to reopen following closure earlier this year amidst the COVID-19 crisis. Gold Strike Casino Resort in Tunica will reopen in a limited capacity to the public on Monday, May 25, followed by Biloxi's Beau Rivage Resort & Casino's reopening Monday, June 1, also in a limited capacity. Each property will host an invitation-only weekend ahead of its public reopening....
May 18, 2020 04:15 pm ET
MGM Resorts International and MGM Growth Properties LLC Announce Completion of $700 Million Operating Partnership Unit Redemption
LAS VEGAS, May 18, 2020 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) today announced that MGP has redeemed 30.3 million of MGM Resorts' operating partnership units (the "Units") for $700 million. Following the redemption, MGM Resorts has $700 million remaining under its agreement with MGP to purchase up to $1.4 billion of MGM Resorts' Units for cash through February 2022. ...
May 18, 2020 09:31 am ET
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NEW YORK, May 18, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MRNA, VIR, SGMS, AAL, and MGM....
May 12, 2020 09:30 am ET
MGM Resorts International Releases Health And Safety Plan For Re-Opening United States Properties
LAS VEGAS, May 12, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today released a report outlining the comprehensive health and safety protocols the company is implementing prior to re-opening its domestic properties and resorts which were temporarily closed in March due to the COVID-19 pandemic. The report details MGM Resorts' "Seven-Point Safety Plan" – a multi-layered set of protocols and procedures designed in conjunction with medical and scientific experts to deter the spread of the virus, protect customers and employees and rapidly respond to potential new cases. The full ...
May 07, 2020 02:38 pm ET
ATTENTION MGM RESORTS EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in MGM Stock held with Full-Service Brokerage Firms During Coronavirus Pandemic
KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of MGM Resorts International (NYSE:MGM) (“MGM”) who held large, unhedged
May 04, 2020 09:08 am ET
MGM Resorts International Announces Closing of Offering of $750,000,000 Senior Notes due 2025
LAS VEGAS, May 4, 2020 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:  MGM) today announced that it has completed its previously announced issuance (the "Offering") of $750,000,000 in aggregate principal amount of 6.750% senior notes due 2025 (the "Notes"), which were issued at par....
May 01, 2020 10:42 am ET
ROAR Digital Announces Exclusive Agreement with Midnight Rose Hotel and Casino for Market Access in Colorado
CRIPPLE CREEK, Colo., May 1, 2020 ROAR Digital, LLC – the joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC) – announced today that they have entered an exclusive primary skin agreement with Midnight Rose Hotel and Casino. The agreement allows ROAR Digital to offer online sports wagering throughout the state of Colorado under the BetMGM brand....
Apr 30, 2020 04:15 pm ET
MGM Resorts International Reports First Quarter Financial And Operating Results
LAS VEGAS, April 30, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2020....
Apr 28, 2020 09:31 am ET
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Apr 23, 2020 04:46 pm ET
MGM Resorts International Prices $750,000,000 in Senior Notes
LAS VEGAS, April 23, 2020 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced an upsized public offering of $750,000,000 in aggregate principal amount of 6.750% senior notes due 2025 at par. The offering of the notes was upsized from the originally announced aggregate principal amount of $500,000,000. The transaction is expected to close on May 4, 2020, subject to customary closing conditions....
Apr 23, 2020 08:55 am ET
MGM Resorts International Announces Proposed Senior Notes Offering
LAS VEGAS, April 23, 2020 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:  MGM) today announced that it proposes to offer $500,000,000 in aggregate principal amount of senior notes due 2025....
Apr 21, 2020 09:31 am ET
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NEW YORK, April 21, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CCL, MGM, TNK, UBER, and VXRT....
Apr 16, 2020 09:00 am ET
MGM Resorts International Announces First Quarter 2020 Earnings Release Date
LAS VEGAS, April 16, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the first quarter 2020 after the market closes on Thursday, April 30, 2020. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Apr 14, 2020 09:31 am ET
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Apr 09, 2020 02:29 pm ET
MGM Resorts International Provides Critical Resources And Support To Community Partners As They Respond To The COVID-19 Crisis
LAS VEGAS, April 9, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced a broad range of donations and initiatives intended to help alleviate supply shortages and support local communities through the coronavirus (COVID-19) pandemic.  By leveraging its supply chain, procurement capabilities, distribution systems, supplier network and other resources, MGM is delivering on a daily basis, urgent logistical support to help manage supply shortages of critical items. ...
Apr 08, 2020 11:00 am ET
MGM Resorts' Entertainment Partners Unite In Unprecedented Support For Company's Employees During COVID-19 Crisis
LAS VEGAS, April 8, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today recognized the support of many of its resident entertainment partners who generously donated to the company's Employee Emergency Grant Fund in support of those impacted economically by the coronavirus (COVID-19) pandemic. ...
Apr 08, 2020 09:31 am ET
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Apr 03, 2020 09:31 am ET
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Apr 01, 2020 01:00 pm ET
MGM Resorts Statement On Departure Of Governor Sandoval
LAS VEGAS, April 1, 2020 /PRNewswire/ -- MGM Resorts International ("the Company" or "MGM Resorts") (NYSE: MGM) today announced that former Governor and MGM Resorts President of Global Gaming Development Brian Sandoval will be leaving the company to pursue the position of President of the University of Nevada, Reno. ...
Mar 27, 2020 10:50 pm ET
MGM RESORTS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of MGM Resorts International - MGM
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into MGM Resorts International (NYSE: MGM).
Mar 27, 2020 09:00 am ET
MGM Resorts International Addresses Financial Impact Of COVID-19 And Steps To Mitigate COVID-19 Impact
LAS VEGAS, March 27, 2020 /PRNewswire/ -- In light of the material unforeseen and unprecedented volatility in the financial markets, MGM Resorts International ("MGM Resorts" or the "Company") is providing the following update on its results for the first two months of the year, the impact of COVID-19 on its operations and an overview of the steps it is taking to help minimize the financial impact. ...
Mar 25, 2020 09:31 am ET
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Mar 23, 2020 01:55 pm ET
MGM Resorts International Pledges $1 Million For Employee Emergency Fund And Donates Close To Half A Million Pounds Of Food, Equivalent To 400,000 Meals Across The US
LAS VEGAS, March 23, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced an array of initiatives intended to support those impacted economically by the coronavirus (COVID-19) pandemic, including a $1 million crisis and disaster relief pledge into an employee emergency grant fund and donating the equivalent of 400,000 meals across the United States. ...
Mar 22, 2020 06:00 pm ET
MGM Resorts International Announces Appointment Of Bill Hornbuckle As Acting Chief Executive Officer And Paul Salem As Chairman Of The Board
LAS VEGAS, March 22, 2020 /PRNewswire/ -- MGM Resorts International ("the Company") or ("MGM Resorts") (NYSE: MGM) today announced that Chief Operating Officer and President Bill Hornbuckle, has been named acting Chief Executive Officer (CEO) and President, replacing outgoing Chairman and CEO Jim Murren. Murren informed the Company's Board of Directors in early February of his plans to step down prior to the expiration of his contract, and in light of the public health crisis gripping the nation and the travel industry, has vacated the position as of today so as to provide continuity of lead...
Mar 16, 2020 03:52 pm ET
MGM Resorts International Statement On Temporary Closure Of Mississippi Resorts
LAS VEGAS, March 16, 2020 /PRNewswire/ -- MGM Resorts International announced its decision to temporarily suspend operations at its two Mississippi properties, Beau Rivage Resort & Casino and Gold Strike Casino Resort, until further notice, effective as of Tuesday, March 17th. Casino operations will close at 6 a.m. CST, followed by hotel operations....
Mar 16, 2020 11:55 am ET
MGM Resorts International Statement On Temporary Closure Of Borgata Hotel Casino & Spa
LAS VEGAS, March 16, 2020 /PRNewswire/ -- MGM Resorts International today announced that it will comply with Governor Murphy's order and will temporarily suspend operations at the Borgata Hotel Casino & Spa in Atlantic City, New Jersey by 8:00 pm EST on Monday, March 16th. ...
Mar 15, 2020 11:05 pm ET
MGM Resorts International Statement On Temporary Closure Of MGM Grand Detroit
LAS VEGAS, March 15, 2020 /PRNewswire/ -- MGM Resorts International today announced that it will comply with the Michigan Gaming Control Board's order and will temporarily suspend gaming operations at MGM Grand Detroit by 5:00 pm EST, March 16th.  All hotel, restaurant and bar operations will cease by this time as well.  It is anticipated that it will remain closed for two weeks, at which time the status will be re-evaluated. ...
Mar 15, 2020 08:44 pm ET
MGM Resorts International Statement On Temporary Closure Of Las Vegas Properties
LAS VEGAS, March 15, 2020 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") today announced its decision to temporarily suspend operations at its Las Vegas properties until further notice, effective as of Tuesday, March 17th.  Casino operations will close on Monday, March 16th, followed by hotel operations.     ...
Mar 15, 2020 04:08 pm ET
MGM Resorts International Statement On Temporary Closure Of MGM National Harbor
LAS VEGAS, March 15, 2020 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") announced that it will comply with the emergency order issued today by Maryland Governor Larry Hogan. MGM National Harbor will temporarily close operations by midnight tonight....
Mar 14, 2020 01:34 pm ET
MGM Resorts International Statement On Temporary Closure Of MGM Springfield
LAS VEGAS, March 14, 2020 /PRNewswire/ -- MGM Resorts International today announced that in collaboration with the Massachusetts Gaming Commission, it will temporarily close MGM Springfield. The resort will suspend gaming operations by the early morning of Sunday, March 15th, followed by the temporary closure of  its hotel operations.  It is anticipated that it will remain closed for 15 days at which time the status will be re-evaluated. ...
Mar 14, 2020 06:00 am ET
MGM Resorts International Statement On Temporary Closure Of Empire City Casino
LAS VEGAS, March 14, 2020 /PRNewswire/ -- MGM Resorts International today announced that it will temporarily close Empire City Casino in New York. The resort will suspend operations and temporarily close, effective 6 a.m. EST today. MGM Resorts anticipates re-opening Empire City Casino by March 28, but will continue to re-evaluate the status.  ...
Feb 28, 2020 10:50 pm ET
MGM RESORTS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of MGM Resorts International - MGM
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into MGM Resorts International (NYSE: MGM).
Nov 18, 2019 09:00 am ET
Blackstone Real Estate Income Trust Completes Acquisition of Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (NYSE:MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
Nov 15, 2019 07:38 pm ET
Nov 07, 2019 01:20 pm ET
MGM Resorts International Teams Up with American Airlines and USO for 2019 Salute to the Troops Event
LAS VEGAS, Nov. 7, 2019 /PRNewswire/ -- In celebration of America's service members, MGM Resorts International will host "A Salute to the Troops" honoring more than 80 wounded warriors and their guests over Veterans Day weekend. In its ninth year, the five-day program in collaboration with American Airlines and the USO of Metropolitan Washington-Baltimore (United Service Organizations), USO Camp Pendleton and USO Las Vegas will be an extended weekend of relaxation, entertainment and sightseeing for active duty service members traveling from the Washington, D.C., and southern California areas...
Nov 04, 2019 09:06 am ET
MGM Resorts Announces Bold Vision For Social Impact And Sustainability
LAS VEGAS, Nov. 4, 2019 /PRNewswire/ -- MGM Resorts International today announced an evolved vision for social impact and sustainability including setting goals to bolster diversity and inclusion, donate millions of meals and continue offering scholarship and educational opportunities for employees and their families. Through a commitment to be "Focused on What Matters: Embracing Humanity and Protecting the Planet," MGM Resorts is committing to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests and in the communities where the...
Oct 30, 2019 04:15 pm ET
MGM Resorts International Reports Third Quarter Financial And Operating Results
LAS VEGAS, Oct. 30, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2019. ...
Oct 29, 2019 06:00 am ET
Yahoo Sports and BetMGM Announce Exclusive Partnership Offering Fans Unprecedented Experiences
LAS VEGAS, Oct. 29, 2019 /PRNewswire/ -- Guru Gowrappan, CEO of Verizon Media and Jim Murren, Chairman and CEO of MGM Resorts International announced today that Yahoo Sports has entered into a historic partnership with MGM Resorts and Roar Digital, a joint venture between global gaming industry leaders MGM Resorts and GVC Holdings, to power sports betting for Yahoo Sports and create collaborative content experiences and live events. The announcement builds upon Verizon Media's core strategy to connect content and discovery to transactions and is a natural extension of Yahoo Sports' mission t...
Oct 15, 2019 04:10 pm ET
Blackstone Real Estate Income Trust to Acquire the Bellagio Real Estate from MGM Resorts International for $4.25 Billion in Sale-Leaseback Transaction
Blackstone Real Estate Income Trust (“BREIT”), and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) announced today that BREIT and MGM Resorts will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
Oct 15, 2019 04:10 pm ET
MGM Resorts International Announces Agreement To Monetize Bellagio Real Estate Assets
LAS VEGAS, Oct. 15, 2019 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) today announced that it has entered into a definitive agreement to form a joint venture with Blackstone Real Estate Income Trust ("BREIT") that values the real estate of Bellagio at $4.25 billion, which represents a purchase price multiple of 17.3x rent. In this landmark transaction for the gaming and entertainment industry, the joint venture will acquire the Bellagio real estate and lease it back to a subsidiary of MGM Resorts for initial annual rent of $245 million. MGM Resorts w...
Oct 15, 2019 04:06 pm ET
MGM Resorts International Announces Agreement To Sell Circus Circus Las Vegas For $825 Million
LAS VEGAS, Oct. 15, 2019 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE:MGM) today announced that it has entered into a definitive agreement to sell Circus Circus Las Vegas for $825 million to an affiliate of Treasure Island owner Phil Ruffin. For the 12 months ending June 30, 2019, the property reported Adjusted Property EBITDA of $62 million....
Oct 14, 2019 12:00 pm ET
Taco Bell's "Steal a Base, Steal a Taco" Is Back -- And With More on the Line
IRVINE, Calif., Oct. 14, 2019 /PRNewswire/ -- For the seventh year in a row, Taco Bell is giving fans across the country another reason to get excited for the World Series: free tacos. But this year, Taco Bell is raising the stakes again. By teaming up with BetMGM, operated by Roar Digital, BetMGM will offer sports and taco fans alike the chance to wager real money on what player they think will steal the first base of the World Series - an honor Taco Bell has dubbed, 'Taco Hero.'*...
Oct 08, 2019 04:15 pm ET
MGM Resorts International Announces Third Quarter 2019 Earnings Release Date
LAS VEGAS, Oct. 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the third quarter 2019 after the market closes on Wednesday, October 30, 2019. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Oct 08, 2019 10:16 am ET
Comedian Sebastian Maniscalco To Perform Record Twelve Shows At Borgata Hotel Casino & Spa
ATLANTIC CITY, N.J., Oct. 8, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa, an MGM Resorts Luxury Destination, today announced the addition of Sebastian Maniscalco to its upcoming entertainment lineup. The comedic superstar will perform a record-breaking dozen shows at Borgata's Event Center throughout the month of June; the most ever by one artist in Borgata's 16-year history. ...
Oct 07, 2019 02:34 pm ET
MGM Resorts International Celebrates with the LGBTQ Community as a Sponsor of the 22nd Annual Las Vegas PRIDE Night Parade
LAS VEGAS, Oct. 7, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will return for the 13th consecutive year as a sponsor of the 22nd Annual PRIDE Parade to be held on Friday, October 11 in downtown Las Vegas. The celebration – which is the largest annual LGBT event in Las Vegas – is hosted by The Southern Nevada Association of PRIDE, Inc. (SNAPI). Events will begin October 11 and run through October 16....
Oct 04, 2019 03:01 pm ET
MGM Resorts International Named A 2019 Leading Disability Employer by The National Organization on Disability
LAS VEGAS, Oct. 4, 2019 /PRNewswire/ -- The National Organization on Disability (NOD) recently announced that MGM Resorts International is among 59 organizations that have been named a 2019 NOD Leading Disability Employer™. Now in its fourth year, the NOD Leading Disability Employer Seal recognizes companies that demonstrate exemplary employment practices for people with disabilities. ...
Oct 03, 2019 11:03 am ET
MGM Resorts International and Plaintiffs' Counsel Reach Agreement to Settle 1 October Litigation
LAS VEGAS, Oct. 3, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") and counsel representing substantially all plaintiffs in litigation involving the October 1, 2017 shooting (the "Plaintiffs' Counsel") announced today that they have reached a settlement agreement (the "Settlement Agreement") to resolve pending lawsuits involving MGM Resorts regarding these matters. The Settlement Agreement represents the resolution of the Company's and the Plaintiffs' Counsel's previously disclosed mediation efforts. The total settlement amount is expected to be bet...
Sep 16, 2019 09:00 am ET
MGM Resorts International Announces Founder Kirk Kerkorian's Tracinda Corp. Completes Sale Of Remaining Interests
LAS VEGAS, Sept. 16, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") was informed that Tracinda Corp., the holding company of MGM Resorts' late founder Kirk Kerkorian, fulfilled instructions from Kerkorian's will to "execute an orderly disposition" of MGM stock. Kerkorian passed away in June 2015....
Sep 12, 2019 06:00 am ET
MGM Resorts' Responsible Gambling Program Hits Unprecedented 1 Million Customer Interactions Nationwide
LAS VEGAS, Sept. 12, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced that GameSense, an innovative responsible gaming initiative that was adopted by MGM Resorts in 2017, recently surpassed 1 million customer interactions at its U.S properties. The program focuses on having positive, transparent and proactive conversations about how to gamble responsibly. The adoption of GameSense marked an unprecedented commitment to integrating responsible gambling education into the MGM Resorts guest service model and the achievement of this milestone further supports MGM Resorts...
Sep 06, 2019 08:00 am ET
New Era in Sports Betting Launches Today in New Jersey with Rebranded BetMGM App
JERSEY CITY, N.J., Sept. 6, 2019 /PRNewswire/ -- Roar Digital, LLC – the 50/50 joint venture created by MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC) – today launched the BetMGM online gaming app in the state of New Jersey. BetMGM is a new customer experience as well as a rebranding of the online gaming app, PlayMGM, introduced by MGM in 2017. ...
Sep 05, 2019 08:45 am ET
Buffalo Wild Wings Partners With BetMGM To Bring Sports Gaming Experiences To Fans Nationwide
ATLANTA, Sept. 5, 2019 /PRNewswire/ -- Buffalo Wild Wings is joining forces with MGM Resorts International and its sports betting venture, Roar Digital, for a multi-year partnership – a first-of-its-kind alignment between a national sports bar and a gaming leader. In accordance with applicable regulatory requirements, the partnership will deliver sports gaming experiences at a national scale inside Buffalo Wild Wings through MGM's digital gaming platform, BetMGM. In addition, the deal is expected to spawn collaborations inside MGM properties and sports books, including a new Buffalo Wild Win...
Sep 04, 2019 03:10 pm ET
Country's Largest Collection Of Mezcal And Tequila Now Available At Mama Rabbit Bar At Park MGM In Vegas
LAS VEGAS, Sept. 4, 2019 /PRNewswire/ -- Las Vegas is now home to the country's most extensive collection of tequila and mezcal including agave-based spirits that cannot be found anywhere else in the world. In collaboration with James Beard Award-winning mezcal pioneer Bricia Lopez, Park MGM debuts Mama Rabbit Bar – a true Oaxacan experience featuring modern Mexican cocktails, live entertainment, a pop-surrealist art installation from Okuda San Miguel and more than 500 labels of tequila and mezcal....
Sep 04, 2019 10:41 am ET
Borgata Hotel Casino & Spa To Enhance Hotel And Guest Experience
ATLANTIC CITY, N.J., Sept. 4, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa, an MGM Resorts Luxury Destination, today announced an investment of more than $14 million into enhancing its hotel experience with the addition of the Lobby Bar and adjacent VIP check-in, as well as a redesign of over 300 Fiore Suites. ...
Sep 03, 2019 04:00 pm ET
MGM Resorts Statement On The Future Of The Village Property
LAS VEGAS, Sept. 3, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today released the following statement: ...
Sep 03, 2019 01:29 pm ET
MGM Resorts Foundation Accepting Nonprofit Grant Proposals for the 2019 - 2020 Community Grant Fund Program
LAS VEGAS, Sept. 3, 2019 /PRNewswire/ -- Beginning September 9, The MGM Resorts Foundation will accept nonprofit grant applications through October 4, 2019. Funding will be awarded to local nonprofit agencies that provide services focused on fighting hunger, supporting families, and improving the lives of all residents in our communities. ...
Aug 29, 2019 02:35 pm ET
MGM Resorts International Joins Lady Gaga's Born This Way Foundation For Launch Of Second Annual "21 Days to Be Kind" Challenge
LAS VEGAS, Aug. 29, 2019 /PRNewswire/ -- MGM Resorts has joined Lady Gaga's Born This Way Foundation for its second annual 21 Days to Be Kind Challenge to encourage young people, families, and  teachers  to build habits that foster kindness and promote the strength and wellness of their communities....
Aug 22, 2019 02:22 pm ET
MGM Resorts Reaffirms Commitment To Pursuing Integrated Resort In Osaka, Japan
LAS VEGAS, Aug. 22, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today released the following statement from Jim Murren, Chairman and CEO of MGM Resorts International:  ...
Aug 12, 2019 02:29 pm ET
MGM Resorts International Honored With National Council On Problem Gambling's Public Awareness Award
LAS VEGAS, Aug. 12, 2019 /PRNewswire/ -- MGM Resorts International was honored recently with the National Council on Problem Gambling's (NCPG) Public Awareness Award at the organization's 33rd National Conference in Denver. ...
Jul 25, 2019 04:15 pm ET
MGM Resorts International Reports Second Quarter Financial And Operating Results
LAS VEGAS, July 25, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2019. ...
Jul 18, 2019 03:28 pm ET
Four Women Trailblazers Round Out All-Star Speaker Lineup at the 13th Annual Women's Leadership Conference Presented by The MGM Resorts Foundation
LAS VEGAS, July 18, 2019 /PRNewswire/ -- Four phenomenal women considered trailblazers in their respective professions will take center stage in August for the 13th Annual Women's Leadership Conference: Nely Galán, the first Latina President of Entertainment for a U.S. television network; Sharon Miller, Managing Director and Head of Small Business financing at Bank of America; Cristina Weir, leader of customer solutions consulting at Sprinklr, one of the world's most successful high-tech companies; and Dr. Elizabeth Lombardo, highly sought-after life coach and successful author. The conferen...
Jul 08, 2019 04:15 pm ET
MGM Resorts International Announces Second Quarter 2019 Earnings Release Date
LAS VEGAS, July 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the second quarter 2019 after the market closes on Thursday, July 25, 2019. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
May 24, 2019 01:55 pm ET
Podcaster Ashley Stahl and Lifestyle Blogger CeCe Olisa to Speak at 13th Annual Women's Leadership Conference Presented by The MGM Resorts Foundation
LAS VEGAS, May 24, 2019 /PRNewswire/ -- The 13th Annual Women's Leadership Conference is pleased to announce for this year's conference two dynamic speakers with distinctive, intriguing career paths – Ashley Stahl, a national security professional turned millennial-focused podcaster and career coach; and CeCe Olisa, a lifestyle blogger who celebrates body positivity and advocates for plus size women.  The conference will be held Aug. 5 & 6 at MGM Grand Hotel & Casino in Las Vegas, NV....
May 23, 2019 02:12 pm ET
MGM Resorts International Strengthens Global Commitment to Anti-Human Trafficking Efforts
LAS VEGAS, May 23, 2019 /PRNewswire/ -- After years of independent anti-human trafficking activity MGM Resorts has signed ECPAT's Tourism Child-Protection Code of Conduct (The Code), a worldwide network of organizations working to end the sexual exploitation of children. ECPAT supports shelters for survivors and law enforcement training, conducts a wide range of research of human trafficking to inform policy making and advocates for change with governments, business and other societal institutions....
May 22, 2019 06:13 pm ET
MGM Resorts' M life Rewards Hosts 'All In For Service' Poker Tournament July 13 & 14
LAS VEGAS, May 22, 2019 /PRNewswire/ -- This summer, MGM Resorts is going "all in" to celebrate the second anniversary of its M life Rewards' Military & Veterans Program (MVP) with a poker tournament honoring our military and giving back to the community. All are welcome to participate with $100 of each $570 entry donated to local non-profit military organizations including U.S. Vets, Fisher House, USO, the American Legion and VFW.  ...
May 22, 2019 11:38 am ET
Borgata Hotel Casino & Spa Announces Debut Of Moneyline Bar & Book With Adjacent Level One Cocktail Bar & Lounge
ATLANTIC CITY, N.J., May 22, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa today announced the June 29 opening for Moneyline Bar & Book and Level One Cocktail Bar & Lounge. Adding more than $12 million in development to the casino-resort, the debut reinforces Borgata's position as the market's leading destination for sports and entertainment. ...
May 20, 2019 02:00 pm ET
Janet Jackson Tears The Roof Off Vegas With Thrilling And Next Level New Residency Metamorphosis
LAS VEGAS, May 20, 2019 /PRNewswire/ -- Global music icon Janet Jackson blazed into Las Vegas with fire, lights, technology, new dynamic dance numbers and energy unmatched, for both opening weekend performances of her Las Vegas residency, Metamorphosis, at Park Theater at Park MGM resort, nearly 40 years after she made her first appearance with her brothers in the city.  What's being hailed as a show that is, "everything thoroughly Janet," (THR), she not only delivers her endless hits but brings back fan favorites, and Billboard took notice saying, "what takes this show to the 2.0 level is t...
May 16, 2019 04:05 pm ET
MGM Resorts International Ranked on Military Times' Best for Vets: Employers 2019 List
LAS VEGAS, May 16, 2019 /PRNewswire/ -- MGM Resorts International has been recognized as a leading employer for culture, recruitment and policies for veterans, service members and military families by Military Times. MGM Resorts is the only hospitality company based in Nevada to be included on the list. ...
May 14, 2019 03:38 pm ET
Michelle Poler, Founder Of Hello Fears Social Movement Empowering Millions To Tap Into Their Full Potential, Will Speak At Las Vegas Women's Leadership Conference
LAS VEGAS, May 14, 2019 /PRNewswire/ -- Michelle Poler, a creative and passionate social entrepreneur, keynote speaker, fear facer, and branding strategist will "Take Center Stage" and share her story at The MGM Resorts Foundation's 13th annual Women's Leadership Conference (WLC).  ...
May 14, 2019 10:57 am ET
Borgata Hotel Casino & Spa Launches Sports Wagering Platform BorgataSports.com
ATLANTIC CITY, N.J., May 14, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa announced today the introduction of its new digital sports betting platform BorgataSports.com, offering an array of striking features available on desktop and for download on iOS and Android devices. ...
May 09, 2019 04:30 pm ET
MGM Resorts International Announces Founding Sponsorship Of Nonprofit Foundation To Advance Gender Equality
LAS VEGAS, May 9, 2019 /PRNewswire/ -- Today MGM Resorts International announced that it will serve as founding sponsor of a newly formed nonprofit Foundation for Women's Leadership & Empowerment, dedicated to women's leadership education and empowerment. ...
May 09, 2019 09:00 am ET
MGM Springfield Receives Industry's First LEED Platinum Certification
LAS VEGAS, May 9, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that MGM Springfield, located in Springfield, Massachusetts, has received the world's first United States Green Building Council's Leadership in Energy and Environmental Design (LEED™) New Construction Platinum level certification for a gaming resort. ...
May 08, 2019 03:34 pm ET
MGM Resorts International Ranked No. 1 on DiversityInc's Top 8 Regional Companies List for Diversity
LAS VEGAS, May 8, 2019 /PRNewswire/ -- For the 14th consecutive year, MGM Resorts International has been recognized as a top company for Diversity by DiversityInc, one of the nation's leading sources on workplace diversity management. ...
May 08, 2019 01:38 pm ET
MGM Resorts International Announces Pricing Of $1.5 Billion Senior Notes Offering By MGM China Holdings Limited
LAS VEGAS, May 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:  MGM) (the "Company") today announced that MGM China Holdings Limited (the "Issuer"), a consolidated subsidiary of the Company, priced an upsized offering of $750 million in aggregate principal amount of 5.375% senior notes due 2024 and $750 million in aggregate principal amount of 5.875% senior notes due 2026 in a private placement, in each case, at par (collectively, the "notes"). The offering of the notes was upsized to an aggregate principal amount of $1.5 billion from the originally announced aggregate principal amo...
May 07, 2019 12:00 pm ET
Hakkasan Group And MGM Resorts International Transition Las Vegas Venues To MGM Management
LAS VEGAS, May 7, 2019 /PRNewswire/ -- Hakkasan Group and MGM Resorts International, two leading hospitality companies, announced today that the management agreements between them for Stack at The Mirage; Fix, Yellowtail, and Lily Lounge at Bellagio, as well as Alibi Ultra Lounge and Herringbone at ARIA, will end effective May 31, 2019. These venues will continue to operate under MGM Resorts' control....
Apr 30, 2019 09:00 am ET
R.U.N: First Live Action Thriller by Cirque du Soleil Will Premiere at Luxor in Las Vegas in Fall 2019
LAS VEGAS, April 30, 2019 /PRNewswire/ -- Cirque du Soleil Entertainment Group is excited to announce R.U.N – a groundbreaking new show and the entertainment group's first live action thriller, premiering at Luxor this fall. R.U.N is an unprecedented entertainment experience, using live action performance, cutting-edge technology and multimedia to explore the world of stunts. ...
Apr 30, 2019 09:00 am ET
R.U.N: First Live Action Thriller by Cirque du Soleil Will Premiere at Luxor in Las Vegas in Fall 2019
LAS VEGAS, April 30, 2019 /CNW/ -- Cirque du Soleil Entertainment Group is excited to announce R.U.N – a groundbreaking new show and the entertainment group's first live action thriller, premiering at Luxor this fall. R.U.N is an unprecedented entertainment experience, using live action performance, cutting-edge technology and multimedia to explore the world of stunts. ...
Apr 30, 2019 04:51 am ET
MGM Resorts International Announces Proposed Private Offering By MGM China Holdings Limited
LAS VEGAS, April 30, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:  MGM) (the "Company") today announced that MGM China Holdings Limited (the "Issuer"), a consolidated subsidiary of the Company, proposes to offer $1.25 billion in aggregate principal amount of senior notes in a private placement. The Issuer intends to use the net proceeds from the offering of the notes to repay amounts under its revolving credit facility and term loan facility and for general corporate purposes....
Apr 29, 2019 04:15 pm ET
MGM Resorts International Reports First Quarter Financial And Operating Results
LAS VEGAS, April 29, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2019. ...
Apr 18, 2019 02:34 pm ET
MGM Resorts Named One of America's Best Large Employers by Forbes
LAS VEGAS, April 18, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was ranked No. 18 on Forbes' list of 500 America's Best Large Employers for 2019. ...
Apr 10, 2019 10:31 am ET
MGM Resorts International Announces Closing of Offering of $1.0 Billion Senior Notes due 2027 and Early Settlement Results for Tender Offers in respect of Senior Notes due 2020
LAS VEGAS, April 10, 2019 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has completed its previously announced issuance (the "Offering") of $1.0 billion in aggregate principal amount of 5.500% senior notes due 2027 (the "2027 Notes"), which were issued at par....
Apr 09, 2019 08:00 am ET
MGM Resorts International Announces First Quarter 2019 Earnings Release Date
LAS VEGAS, April 9, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the first quarter 2019 after the market closes on Monday, April 29, 2019. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Apr 04, 2019 03:12 pm ET
For the 8th Consecutive Year, Human Rights Campaign Names MGM Resorts International One of the "Best Places to Work for LGBTQ Equality"
LAS VEGAS, April 4, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is proud to announce that it received a perfect score of 100 on the 2019 Corporate Equality Index (CEI), the nation's premier benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality, administered by the Human Rights Campaign (HRC) Foundation.  MGM Resorts joins the ranks of over 560 major U.S. businesses that also earned top marks this year....
Apr 03, 2019 09:00 am ET
MGM Resorts International Appoints Digital Business Leader Atif Rafiq As President Of Commercial And Growth
LAS VEGAS, April 3, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced the appointment of highly respected leader in digital business and companywide transformation, Atif Rafiq, as President of Commercial and Growth, reporting directly to Chairman and CEO Jim Murren. Rafiq has extensive experience in rethinking and transforming global organizations, reshaping consumer behavior and delivering significant, measurable, new sources of profitability for companies. ...
Apr 02, 2019 06:00 am ET
MGM Resorts International Making Las Vegas Events Autism Inclusive
LAS VEGAS, April 2, 2019 /PRNewswire/ -- When crowds of noisy fans enter a sports arena or concert hall, many expect – or even hope for – some sort of sensory overload. But for families with children with sensory sensitivity or children on the autism spectrum, it can be virtually impossible to enter such a loud, overpowering environment without worrying. ...
Apr 01, 2019 04:05 pm ET
The MGM Resorts Foundation Awards $30,000 Grant to The Shade Tree, The Largest Shelter of Its Kind in Nevada
LAS VEGAS, April 1, 2019 /PRNewswire/ -- The MGM Resorts Foundation (the "Foundation") donated the proceeds from its 2018 Annual Women's Leadership Conference to The Shade Tree ‒ the only 24-hour accessible shelter designed specifically to meet the needs of women and children in Southern Nevada. The largest shelter of its kind in Nevada, the agency's 364 permanent beds provide over 100,000 nights of shelter each year. On average, 33% of their clients are children under the age of 18. Senior citizens represent the fastest growing segment of Shade Tree's service population....
Apr 01, 2019 09:00 am ET
MGM Resorts International And MGM Growth Properties Complete Transaction For MGM Northfield Park
LAS VEGAS, April 1, 2019 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) announced today that they have completed the previously announced transaction whereby MGM Resorts will acquire the operating assets of the Hard Rock Rocksino Northfield Park from MGP and lease the real property from MGP. ...
Apr 01, 2019 06:30 am ET
Game of Thrones Takes Over The Fountains of Bellagio
LAS VEGAS, April 1, 2019 /PRNewswire/ -- With the world counting down to the final season premiere of the global blockbuster Game of Thrones, fans can experience the on-screen fantasy realm with a first-of-its-kind, immersive production in Las Vegas at the iconic Fountains of Bellagio. HBO, MGM Resorts and WET Design last night debuted a show that brings to life the epic intrigue, unforgettable music and spectacular imagery of Game of Thrones with a new, limited-run event. The production runs twice nightly at 8 p.m. and 9:30 p.m. through April 13, priming fans for the series season finale pr...
Mar 29, 2019 01:53 pm ET
MGM Resorts International Joins World Observance of Earth Hour 2019
LAS VEGAS, March 29, 2019 /PRNewswire/ -- For the 12th consecutive year, MGM Resorts International (NYSE: MGM) will participate in Earth Hour, the worldwide effort that puts climate change in the spotlight. A total of 19 MGM Resort properties around the globe, as well as T-Mobile Arena in Las Vegas, will turn off all non-essential exterior lighting, rooftop signage and marquees to symbolize its ongoing commitment to environmental sustainability. All interior and essential lights will remain on during this time, and property operations should not be affected.  ...
Mar 27, 2019 07:32 pm ET
MGM Resorts International Announces Increases in the Aggregate Maximum Tender Amount for its Previously Announced Tender Offers for Senior Notes due 2020
LAS VEGAS, March 27, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:  MGM) announced today that it is increasing the maximum amount that may be purchased pursuant to its offers to purchase, as announced earlier today, (the "Tender Offers") its outstanding 6.750% Senior Notes due 2020 and 5.250% Senior Notes due 2020 (collectively, the "Notes") from $500 million in aggregate principal amount to up to $1.0 billion in aggregate principal amount (the "Aggregate Maximum Tender Amount"). All other terms of the Tender Offers, as previously announced, remain unchanged....
Mar 27, 2019 06:27 pm ET
MGM Resorts International Prices $1.0 Billion in Senior Notes
LAS VEGAS, March 27, 2019 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:  MGM) today announced that it has priced an upsized public offering of $1.0 billion in aggregate principal amount of 5.500% senior notes due 2027 at par.  The offering of the notes was upsized from the originally announced aggregate principal amount of $500.0 million. The transaction is expected to close on April 10, 2019, subject to customary closing conditions....
Mar 27, 2019 09:05 am ET
MGM Resorts International Commences Tender Offers for Senior Notes due 2020
LAS VEGAS, March 27, 2019 /PRNewswire/ -- MGM Resorts International (NYSE:  MGM) announced today that it has commenced cash tender offers (the "Tender Offers") to purchase up to $500,000,000 in aggregate principal amount (as it may be increased by MGM, the "Aggregate Maximum Tender Amount") of its outstanding 6.750% Senior Notes due 2020 and 5.250% Senior Notes due 2020 (collectively, the "Notes")....
Mar 27, 2019 09:03 am ET
MGM Resorts International Announces Proposed Senior Notes Offering
LAS VEGAS, March 27, 2019 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:  MGM) today announced that it proposes to offer $500,000,000 in aggregate principal amount of senior notes due 2027....
Mar 25, 2019 07:15 am ET
Factors of Influence in 2019, Key Indicators and Opportunity within MGM Resorts International, Sunrun, TransUnion, Ameriprise Financial, Herman Miller, and Easterly Government Properties — New Researc
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MGM Resorts International (NYSE:MGM), Sunrun Inc. (NASDAQ:RUN), TransUnion...
Mar 22, 2019 09:00 am ET
CityCenter Announces a $180 million Dividend
LAS VEGAS, March 22, 2019 /PRNewswire/ -- CityCenter Holdings, LLC ("CityCenter"), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp ("Infinity World"), today announced that the CityCenter Board of Directors approved a $180 million dividend consisting of a $116 million special dividend and a $64 million dividend as part of its annual dividend policy. The $180 million dividend is expected to be paid by the end of the second quarter of 2019. MGM Resorts and Infinity World will each receive $90 million, their 50% share of the dividend. ...
Mar 20, 2019 04:56 pm ET
Bellagio's Conservatory & Botanical Gardens Celebrates Japan With Vibrant Spring Display Through June 15
LAS VEGAS, March 20, 2019 /PRNewswire/ -- Celebrating the exquisite beauty and tradition of Japan, Bellagio's Conservatory & Botanical Gardens unveils its stunning spring display, on view through June 15, featuring for the first time an intricate replica of the Osaka Castle, one of Japan's most iconic landmarks.  ...
Mar 19, 2019 12:00 pm ET
MGM Resorts International & Major League Soccer Announce Multi-Year Gaming Partnership
NEW YORK, March 19, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Major League Soccer (MLS) today announced a historic multi-year strategic partnership that establishes MGM Resorts as the league's first official gaming partner and Roar Digital (Roar), the joint venture between MGM and GVC, as the exclusive Official Sports Betting Partner of MLS. ...
Mar 15, 2019 12:00 am ET
MGM Resorts International Announces Extension Of Macau Gaming Sub-Concession To June 2022
LAS VEGAS, March 15, 2019 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) announced today that on March 14, 2019, MGM Grand Paradise Limited ("MGM Grand Paradise"), a wholly owned subsidiary of MGM China Holdings Limited ("MGM China"), an indirect majority-owned subsidiary of MGM Resorts, and Sociedade de Jogos de Macau, S.A. ("SJMSA") entered into a Sub-Concession Extension Contract (the "Extension Agreement"), pursuant to which the gaming sub-concession of MGM Grand Paradise, which is due to expire on March 31, 2020, would be extended to June 26, 2022, which coincides...
Mar 08, 2019 01:23 pm ET
MGM Resorts Celebrates Women's History Month with Lioness Logo Transformation
LAS VEGAS, March 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) temporarily transforms the company's iconic Leo the lion logo into Leona the lioness to recognize Women's History Month, celebrating the social, economic, cultural and political achievements of women all over the world throughout the month of March. ...
Mar 08, 2019 11:00 am ET
MGM Resorts International Named Official & Exclusive Resort Casino Of The Boston Red Sox
LAS VEGAS, March 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced the formation of an official partnership with the Boston Red Sox. This partnership includes the MGM Resorts logo appearing on the Green Monster at Fenway Park, the most iconic ballpark in Major League Baseball. ...
Mar 07, 2019 08:00 am ET
MGM Growth Properties And MGM Resorts International Complete Transaction For Park MGM And NoMad Las Vegas Improvements And Amend Terms Of Northfield Park Transaction
LAS VEGAS, March 7, 2019 /PRNewswire/ -- MGM Growth Properties LLC ("MGP") (NYSE: MGP) and MGM Resorts International ("MGM Resorts") (NYSE: MGM) announced today that they have completed the previously announced transaction relating to the investments made to reposition Park MGM and NoMad Las Vegas for total consideration of $637.5 million.  MGP and MGM Resorts agreed that 5% of the consideration, approximately $31.9 million, would be paid through the issuance of operating partnership units to MGM Resorts and the remaining $605.6 million would be paid in cash....
Mar 04, 2019 04:52 pm ET
MGM Resorts' Alan Feldman Elected Chairman Of The Nevada State Advisory Committee On Problem Gambling
LAS VEGAS, March 4, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that long-time executive Alan Feldman has been elected as chairman of the Nevada State Advisory Committee on Problem Gambling (ACPG), under the Department of Health and Human Services. The Committee's mission is to support effective problem gambling prevention, education, treatment and research programs throughout the state. ...
Mar 04, 2019 01:43 pm ET
The MGM Resorts Foundation Announces the 2019 Women's Leadership Conference August 5 and 6, at the MGM Grand in Las Vegas
LAS VEGAS, March 4, 2019 /PRNewswire/ -- Save the date; The non-profit MGM Resorts Foundation is gearing up for the 13th annual Women's Leadership Conference (WLC) on August 5 and 6 at the MGM Grand Hotel & Casino in Las Vegas, NV....
Feb 27, 2019 03:11 pm ET
MGM Resorts Named Title Sponsor Of 2019 MGM MLB Opening Series In Tokyo
LAS VEGAS, Feb. 27, 2019 /PRNewswire/ -- Major League Baseball (MLB), Major League Baseball Players Association (MLBPA) and MGM Resorts International (NYSE: MGM) today announced that MGM Resorts will be the title sponsor of the 2019 MGM MLB Opening Series in Tokyo, Japan between the Oakland Athletics and Seattle Mariners. The AL West rivals open the 2019 Championship Season with a two-game set March 20-21 at the Tokyo Dome....
Feb 27, 2019 08:00 am ET
MGM Resorts International Reveals Future Name And Logo For Northfield Park Property
LAS VEGAS, Feb. 27, 2019 /PRNewswire/ -- During a pep rally for employees of Hard Rock Rocksino Northfield Park today,  MGM Resorts International executives shared the future name, logo and other details around exciting changes to take place at the property following the acquisition's close in April. With a name symbolic of MGM Resorts' legacy as an entertainment and hospitality leader, MGM Northfield Park will be integrated into the company's portfolio of best-in-class gaming and entertainment destinations.   ...
Feb 22, 2019 08:00 am ET
Recent Analysis Shows MGM Resorts International, Symantec, HTG Molecular Diagnostics, Children's Place, Triumph Group, and Sprague Resources LP Market Influences — Renewed Outlook, Key Drivers of Grow
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of MGM Resorts International (NYSE:MGM), Symantec Corporation...
Feb 21, 2019 03:30 pm ET
MGM Resorts International Announces Leadership Changes
LAS VEGAS, Feb. 21, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced changes to its leadership team and a streamlining of responsibilities to empower leaders to drive the Company's strategic direction and implement change as part of its MGM 2020 initiative.  ...
Feb 20, 2019 03:22 pm ET
MGM Resorts International Honored with Prestigious 2019 Travel Awards
LAS VEGAS, Feb. 20, 2019 /PRNewswire/ -- It's award season and MGM Resorts International is celebrating several prominent awards from Forbes Travel Guide and U.S. News & World Report – both globally respected leaders in reviewing and ranking luxury properties – as well as The Knot, a leading brand for wedding planning professionals. ...
Feb 19, 2019 03:12 pm ET
MGM Resorts Executive Included In BLACK ENTERPRISE's 2019 Most Powerful Women In Corporate Diversity
LAS VEGAS, Feb. 19, 2019 /PRNewswire/ -- BLACK ENTERPRISE (BE) magazine named MGM Resorts International's (NYSE: MGM) Phyllis A. James, Chief Diversity & Corporate Responsibility Officer, as one of the "Most Powerful Women in Corporate Diversity." Ms. James leads the company's Corporate Diversity and Philanthropy Departments and is responsible for managing MGM Resorts' policy, business strategy and initiatives focused on Corporate Social Responsibility (CSR) which includes the Company's diversity and inclusion, philanthropy and volunteer programs. ...
Feb 13, 2019 03:15 pm ET
MGM Resorts International Reports Fourth Quarter And Full Year Financial And Operating Results
LAS VEGAS, Feb. 13, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2018. On January 1, 2018, the Company adopted the new revenue recognition accounting standard (ASC 606). As such, certain previously reported 2017 numbers have been retrospectively adjusted under the new standard to assist with comparability to the prior period....
Feb 13, 2019 02:51 pm ET
For the Sixth Consecutive Year, MGM Resorts International Recognized for Support of Women-owned Businesses
LAS VEGAS, Feb. 13, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) is one of "America's Top Corporations for Women's Business Enterprises," according to the Women's Business Enterprise National Council (WBENC). The annual list is the only national award honoring corporations for supplier diversity initiatives that reduce barriers and drive growth for women-owned businesses. ...
Feb 12, 2019 02:04 pm ET
MGM Resorts Named One of America's Best Employers for Diversity by Forbes
LAS VEGAS, Feb. 12, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was named to Forbes' list as one of America's Best Employers for Diversity 2019. ...
Feb 12, 2019 08:00 am ET
Due To Extraordinary Demand Aerosmith Announces 17 Additional Dates For Their Las Vegas Residency "AEROSMITH: DEUCES ARE WILD" At Park Theater At Park MGM
LAS VEGAS, Feb. 12, 2019 /PRNewswire/ -- Due to extraordinary demand, Aerosmith has announced 17 additional dates for their Las Vegas residency at Park Theater at the new Park MGM resort. America's all-time top-selling rock 'n' roll band will launch AEROSMITH: DEUCES ARE WILD Saturday, April 6, with several of their 18 previously announced shows already sold out....
Feb 04, 2019 08:00 am ET
New Research: Key Drivers of Growth for MGM Resorts International, Transocean, Wabco, Laboratory Corporation of America, Natural Health Trends, and GSV Capital — Factors of Influence, Major Initiative
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of MGM Resorts International (NYSE:MGM), Transocean Ltd. (NYSE:RIG), Wabco...
Jan 29, 2019 01:22 pm ET
MGM Resorts International And MGM Growth Properties Complete Transaction To Acquire Empire City Casino In Yonkers, New York
LAS VEGAS, Jan. 29, 2019 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) announced today that they have completed the transactions for the acquisition of Empire City Casino in Yonkers, New York ("Empire City"). Following MGM Resorts' acquisition of Empire City for approximately $850 million, MGP acquired the developed real property from MGM Resorts for approximately $625 million and leased it back to a subsidiary of MGM Resorts that will operate the property. ...
Jan 24, 2019 08:00 am ET
MGM Resorts International Announces Formation of Ad-hoc Board Committee to Evaluate its Real Estate Portfolio
LAS VEGAS, Jan. 24, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that its Board of Directors formed an ad-hoc Board committee (the "Committee") to evaluate MGM Resorts' real estate portfolio and make recommendations to the full Board regarding strategy and opportunities to enhance value. The Committee will be composed of three independent directors, each with extensive real estate and financial markets experience, John B. Kilroy Jr., Keith A. Meister and Paul Salem. They will work with management to assist in the evaluation. ...
Jan 22, 2019 07:33 pm ET
MGM Resorts Named One Of 'World's Most Admired Companies' By FORTUNE Magazine
LAS VEGAS, Jan. 22, 2019 /PRNewswire/ -- For the fourth consecutive year, MGM Resorts International has been named one of the "World's Most Admired Companies" by FORTUNE Magazine in its annual survey of business leaders and analysts....
Jan 18, 2019 11:00 am ET
On The Record at Park MGM Lands Mark Ronson as First Resident DJ
LAS VEGAS, Jan. 18, 2019 /PRNewswire/ -- Hot on the heels of Golden Globe and Critics' Choice Awards for the hit song "Shallow," co-written with Lady Gaga for the film A Star is Born, British-born music producer and songwriter Mark Ronson has signed on as the first resident DJ at On The Record, Houston Hospitality's speakeasy and club which opened Dec. 28 at Park MGM in Las Vegas....
Jan 17, 2019 06:26 pm ET
MGM Resorts International Appoints Keith A. Meister to the Board of Directors
LAS VEGAS, Jan. 17, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that Keith A. Meister has been appointed to the Company's Board of Directors, effective tomorrow, January 18, 2019. With his appointment, the Company's Board has been expanded from 12 to 13 directors.  ...
Jan 16, 2019 08:00 am ET
MGM Resorts International Announces Fourth Quarter And Full Year 2018 Earnings Release Date
LAS VEGAS, Jan. 16, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the fourth quarter and full year 2018 after the market closes on Wednesday, February 13, 2019. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Jan 16, 2019 07:30 am ET
New Research Coverage Highlights Gentex, Tenneco, Mercury General, MGM Resorts International, ResMed, and Alnylam Pharmaceuticals — Consolidated Revenues, Company Growth, and Expectations for 2019
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gentex Corporation (NASDAQ:GNTX), Tenneco Inc. (NYSE:TEN), Mercury General...
Jan 11, 2019 12:03 pm ET
MGM Resorts International Executive Chris Kelley Named Future President & COO Of Northfield Park Property
LAS VEGAS, Jan. 11, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has appointed Chris Kelley as the new President & COO of the Ohio resort, currently known as the Hard Rock Rocksino Northfield Park. The Hard Rock Rocksino Northfield Park will be rebranded when MGM Resorts acquires the property, which is expected to occur in the first half of 2019. In this role, Kelley will oversee daily operations at the property while providing strategic direction and leadership. ...
Jan 09, 2019 04:15 pm ET
Borgata Hotel Casino & Spa Announces Construction Of New Sports Book
ATLANTIC CITY, N.J., Jan. 9, 2019 /PRNewswire/ -- Borgata Hotel Casino & Spa announced today it will begin construction of a new venue that will integrate an entertaining bar experience with sports wagering. Adding more than $11 million in development to Borgata's resort, the destination bar will make its anticipated debut this summer. ...
Jan 08, 2019 08:00 am ET
Now Open: Bellagio Debuts Sadelle's Overlooking Iconic Resort Conservatory
LAS VEGAS, Jan. 8, 2019 /PRNewswire/ -- Bellagio is proud to welcome Sadelle's, SoHo's popular vintage-style restaurant from Major Food Group and one of the most desired reservations in New York City, to the resort's award-winning culinary portfolio. ...
Jan 08, 2019 07:30 am ET
Former Governor Brian Sandoval Joins MGM Resorts International As President Of Global Gaming Development
LAS VEGAS, Jan. 8, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that former Nevada Governor Brian Sandoval will join the Company as President of Global Gaming Development. Governor Sandoval will drive MGM Resorts' global expansion efforts, most importantly in Japan, and focus on state public policy efforts around sports gaming while solidifying the Company's leadership in the growing sports betting market. ...
Jan 07, 2019 03:22 pm ET
MGM Resorts International Earns Top Spot On Prominent List Of "50 Best Companies For Diversity"
LAS VEGAS, Jan. 7, 2019 /PRNewswire/ -- For 2018 BLACK ENTERPRISE (BE) magazine has named MGM Resorts International (NYSE: MGM) one of the "Best Companies for Diversity" in the U.S. based on MGM Resorts' diversity and inclusion practices. ...
Jan 03, 2019 07:45 am ET
MGM Resorts International Announces 'MGM 2020' Plan
LAS VEGAS, Jan. 3, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced a plan to further reduce costs, improve efficiencies and position the Company for growth. The Company expects to deliver annualized Adjusted EBITDA uplift of $300 million in aggregate, consisting of $200 million by the end of 2020 and an additional $100 million by the end of 2021....
Dec 29, 2018 11:04 am ET
LADY GAGA ENIGMA Headlines Grand Opening Of New Las Vegas Resort, Park MGM
LAS VEGAS, Dec. 29, 2018 /PRNewswire/ -- Park MGM, Las Vegas' newest resort, celebrated its official grand opening this weekend with the debut of Lady Gaga's residency, the introduction of Las Vegas' first Eataly and the launch of On The Record, a new speakeasy and club.  ...
Dec 27, 2018 08:00 am ET
MGM Resorts International Completes Increase And Extension Of Senior Credit Facilities
LAS VEGAS, Dec. 27, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) (the "Company") today announced that it has successfully amended its senior credit agreement to, among other things, increase its term loan A facility by approximately $520 million to $750 million, increase its revolving facility by $250 million to $1.5 billion and extend the maturity date of the facilities to 2023. The Company expects to use the proceeds from the new facilities to refinance existing indebtedness, fund recently announced transactions and for general corporate purposes....
Dec 21, 2018 10:00 am ET
MGM Resorts International Executive Uri Clinton Named President & COO Of New York's Empire City Casino
LAS VEGAS, Dec. 21, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has appointed Uri Clinton President & Chief Operating Officer of Empire City Casino in Yonkers, New York. ...
Dec 20, 2018 03:00 pm ET
MGM Resorts Announces Steve Zanella Taking On Role Of President & Chief Operating Officer Of CityCenter
LAS VEGAS, Dec. 20, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today the appointment of Steve Zanella as President & Chief Operating Officer of CityCenter. Zanella will oversee daily operations of ARIA Resort and Casino and Vdara Hotel & Spa, providing strategic direction to both resorts. He will continue to provide oversight on corporate initiatives. ...
Dec 20, 2018 08:31 am ET
Option-trading opportunities on Citigroup Inc., Intel Corp., MGM Resorts International, AT&T Inc., and Targa Resources Corp.
NEW YORK, Dec. 20, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for C, INTC, MGM, T, and TRGP....
Dec 20, 2018 08:00 am ET
MGM Resorts International And MGM Growth Properties Announce Transaction On Park MGM And NoMad Las Vegas
LAS VEGAS, Dec. 20, 2018 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) announced today that they have entered into an agreement whereby MGP will pay MGM Resorts consideration of $637.5 million for investments made to reposition Park MGM and NoMad Las Vegas, which was formerly known as Monte Carlo Resort and Casino. As part of this agreement, the annual rent under the existing Master Lease between MGM Resorts and MGP will increase by $50 million. ...
Dec 18, 2018 11:00 am ET
Park MGM's New Ideation Studio Introduces First-of-Its-Kind Convention Experience with Cisco Webex Teams
LAS VEGAS, Dec. 18, 2018 /PRNewswire/ -- The way people meet continues to evolve, and Park MGM and Cisco are ready to provide that next-level meeting experience in the new 7,000-square-foot Ideation Studio, the most recent member of elite meetings association IACC. Working with Cisco Systems, Park MGM is the world's first hotel to offer groups Cisco Webex™ Boards and Cisco Webex Teams, providing teams a combined real and virtual meeting space for collaborating, video calling, whiteboarding and sharing notes, files and presentations....
Dec 12, 2018 11:04 am ET
Eataly's Sixth U.S. Location To Open December 27 At Park MGM In Las Vegas
LAS VEGAS, Dec. 12, 2018 /PRNewswire/ -- Eataly Las Vegas will open December 27 at 5 p.m. in the city's newest resort, Park MGM. The 40,000-square-foot culinary destination, located directly on the famed Las Vegas Strip, will serve as Park MGM's main entrance and feature a vibrant space full of unique food counters, bars, cafés and dining experiences offering traditional, authentic Italian food, all helmed by Executive Chef Nicole Brisson....
Dec 12, 2018 07:35 am ET
Recent Analysis Shows Verizon Communications, MGM Resorts International, Exelon, Axon Enterprise, M.D.C., and TG Therapeutics Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Verizon Communications Inc. (NYSE:VZ), MGM Resorts International...
Dec 04, 2018 09:00 am ET
Park MGM Becomes First Member Of IACC on Las Vegas Strip
LAS VEGAS, Dec. 4, 2018 /PRNewswire/ -- Park MGM's Ideation Studio and Madison Meeting Center are the newest members of IACC, an elite group of 300 conferencing venues in 26 countries that strive to represent the top 1% of meeting spaces worldwide. IACC member venues are part of a global community of companies delivering innovative and exceptional meeting experiences for customers. ...
Dec 04, 2018 07:45 am ET
MGM Resorts International Retains TFA Capital Partners As Strategic Advisor For Development Of Key Tribal Sports Betting Partnerships
LAS VEGAS, Dec. 4, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has retained TFA Capital Partners ("TFA") to assist the Company in identifying opportunities for sports betting partnerships with Tribal Nations throughout Indian Country....
Dec 03, 2018 01:42 pm ET
MGM Resorts Makes $1 million Gift to Scholarship Program for Children of Employees
LAS VEGAS, Dec. 3, 2018 /PRNewswire/ -- MGM Resorts International announces the re-establishment of the MGM Resorts Scholarship Program for Children of Employees with an initial gift of $1 million beginning in 2019. The scholarship is intended to help such high school graduates increase their access to post-secondary opportunities, including universities, community colleges and recognized certification programs. ...
Dec 03, 2018 06:54 am ET
Landmark Exhibition by Japanese Artist Yayoi Kusama Now Open at Bellagio Gallery of Fine Art in Las Vegas
LAS VEGAS, Dec. 3, 2018 /PRNewswire/ -- One of the most renowned female artists in the world recently debuted her first exhibit in Las Vegas at Bellagio Gallery of Fine Art. An immersive experience, Yayoi Kusama, named after the iconic artist, features two installations, Infinity Mirrored Room: Aftermath of Obliteration of Eternity and Narcissus Garden. Both artworks showcase Kusama's exploration of infinite space. ...
Nov 27, 2018 02:32 pm ET
Major League Baseball And MGM Resorts International Form Wide-Ranging New Partnership In U.S. And Japan
NEW YORK, Nov. 27, 2018 /PRNewswire/ -- Major League Baseball (MLB) and MGM Resorts International (NYSE: MGM) today announced the formation of an all-inclusive partnership agreement that combines the MLB brand with MGM Resorts and playMGM brands across league and team sponsorships, data usage in gaming, promotion across MLB-owned media platforms, and domestic and international activations at MLB events. ...
Nov 20, 2018 03:48 pm ET
MGM Resorts Wins Shorty Social Good Award For "Spotlight On Hunger" Campaign
LAS VEGAS, Nov. 19, 2018 /PRNewswire/ -- MGM Resorts International, in collaboration with R&R Partners and Resources+, received the "Organic Promotion, Corporate-Community" award for the "Spotlight on Hunger" video campaign during the 3rd Annual Shorty Social Good Awards.  The Shorty Social Good Awards is an awards program created to raise global awareness around the positive impact brands, agencies and nonprofits can have on society.  ...
Nov 08, 2018 07:15 am ET
MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports Data
NEW YORK and LONDON and LAS VEGAS, Nov. 8, 2018 /PRNewswire/ -- Sportradar, the global leader in analyzing and leveraging the power of sports data, today announced an agreement with MGM GVC Interactive LLC, the joint venture between MGM Resorts International (NYSE: MGM) ("MGM Resorts") and GVC Holdings PLC (LON: GVC) ("GVC"), to be its exclusive provider within the United States of sports betting data from certain US sports leagues which Sportradar has the right to distribute. MGM GVC Interactive was formed in July 2018 to engage in the new opportunities created by the recent Supreme Court d...
Nov 07, 2018 12:30 pm ET
MGM Resorts International Teams with American Airlines and USO for 2018 Salute to the Troops Event
LAS VEGAS, Nov. 7, 2018 /PRNewswire/ -- In celebration of America's service members, MGM Resorts International will host "A Salute to the Troops" honoring more than 70 wounded warriors and their guests over Veterans Day weekend.  In its eighth year, the five-day program in collaboration with American Airlines and the USO of Metropolitan Washington-Baltimore (United Service Organizations) will be an extended weekend of relaxation, entertainment and sightseeing for active duty service members traveling from the Washington, D.C., area....
Nov 05, 2018 04:43 pm ET
CATCH Las Vegas Makes Waves With Star-Studded Debut At ARIA Resort & Casino
LAS VEGAS, Nov. 5, 2018 /PRNewswire/ -- CATCH Las Vegas, the globally inspired, seafood-centric hotspot favorited by boldface names from NYC to LA, has officially opened doors to its new enclave at ARIA Resort & Casino. ...
Nov 02, 2018 08:50 am ET
Analysis: Positioning to Benefit within Armstrong World Industries, Anadarko Petroleum, Nabors Industries, Hibbett Sports, Cal-Maine Foods, and MGM Resorts International — Research Highlights Growth,
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Armstrong World Industries, Inc. (NYSE:AWI), Anadarko Petroleum...
Oct 31, 2018 09:00 am ET
New York Jets Announce Partnership With MGM Resorts
FLORHAM PARK, N.J., Oct. 31, 2018 /PRNewswire/ -- The New York Jets have joined with MGM Resorts International (NYSE: MGM) in a first-of-its-kind partnership making MGM Resorts the official gaming partner of the New York Jets. The multi-year agreement marks the most comprehensive and integrated gaming partnership in the National Football League (NFL) to date, promoting the global entertainment company's best in class casino resorts as well as Play MGM's online gaming platforms and mobile apps to millions of fans. ...
Oct 30, 2018 04:15 pm ET
MGM Resorts International Reports Third Quarter Financial And Operating Results
LAS VEGAS, Oct. 30, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2018. On January 1, 2018, the Company adopted the new revenue recognition accounting standard (ASC 606). As such, certain previously reported 2017 numbers have been retrospectively adjusted under the new standard to assist with comparability to the prior period....
Oct 29, 2018 11:15 am ET
National Hockey League Announces Landmark Sports Betting Partnership With MGM Resorts
NEW YORK, Oct. 29, 2018 /PRNewswire/ -- The National Hockey League (NHL) has formed a groundbreaking, multi-year strategic relationship in the sports betting category with MGM Resorts International (NYSE: MGM). The announcement naming MGM Resorts the NHL's first official sports betting partner was made today by NHL Commissioner Gary Bettman and MGM Resorts Chairman & CEO Jim Murren in New York City....
Oct 23, 2018 10:00 am ET
MGM GVC Interactive Announces the Appointment of Adam Greenblatt as Chief Executive Officer of Joint Venture
LAS VEGAS, Oct. 23, 2018 /PRNewswire/ -- MGM GVC Interactive LLC, the U.S. sports betting and online gaming joint venture owned by MGM Resorts International ("MGM Resorts") (NYSE: MGM) and GVC Holdings Plc (LSE: GVC), is pleased to announce the appointment of Adam Greenblatt as the venture's CEO, effective upon receipt of all applicable licensing and regulatory approvals....
Oct 23, 2018 09:00 am ET
Eataly Las Vegas Opens At Park MGM This December
LAS VEGAS, Oct. 23, 2018 /PRNewswire/ -- Eataly, the authentic Italian marketplace, announced today it will open its Las Vegas location at Park MGM, the city's newest resort, in December 2018. Las Vegas marks the sixth U.S. location of the Italy-based company, which has more than 35 stores worldwide.   ...
Oct 19, 2018 06:45 pm ET
MGM Resorts International Receives Nine Awards at 8th Annual Stars of the Industry Hospitality Awards Gala in Las Vegas
LAS VEGAS, Oct. 19, 2018 /PRNewswire/ -- MGM Resorts International was presented with nine awards by the Nevada Hotel and Lodging Association (NHLA) during the 8th Annual Stars of the Industry Hospitality Awards Gala in Las Vegas. The event was held at Thursday night at ARIA Resort and Casino and recognized exceptional employees working within Nevada's hospitality industry....
Oct 19, 2018 12:25 pm ET
Las Vegas Aces & Universal Love Team Up to Support the LGBTQ Community for the 20th Annual PRIDE Night Parade Presented by MGM Resorts International
LAS VEGAS, Oct. 19, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will return for the 12th consecutive year as presenting sponsor of the 20th Annual PRIDE Parade to be held on Friday, Oct. 19 in downtown Las Vegas.  The celebration – which is the largest annual LGBT event in Las Vegas – is hosted by The Southern Nevada Association of PRIDE, Inc. (SNAPI).  Events will begin October 19 and run through October 21. ...
Oct 19, 2018 01:23 am ET
Multi-Platinum, GRAMMY Award-Winning Pop Icon Britney Spears to Launch New Residency at Park Theater in Las Vegas February 2019
LAS VEGAS, Oct. 19, 2018 /PRNewswire/ -- Multi-platinum, GRAMMY Award-winning superstar Britney Spears will launch her new spectacular residency, "Britney: Domination," at Park Theater at the new Park MGM resort in February 2019. Citi is proud to join Britney Spears and Park MGM as the official credit card of this residency, presented in partnership by MGM Resorts International and Live Nation....
Oct 15, 2018 09:00 am ET
NoMad Las Vegas is Now Open
LAS VEGAS, Oct. 15, 2018 /PRNewswire/ -- NoMad Las Vegas officially opened its doors to the public Friday, Oct. 12, bringing the refinement of a European home to Park MGM, the city's newest resort. Conceived by Sydell Group in partnership with 2017 World's Best Restaurant winners Chef Daniel Humm and restaurateur Will Guidara, NoMad Las Vegas offers highly personalized and holistic service paired with understated sophistication, comfort and intimacy....
Oct 11, 2018 02:13 pm ET
George Kliavkoff Joins MGM Resorts International As President Of Entertainment And Sports
LAS VEGAS, Oct. 11, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") announced today that George Kliavkoff has joined the company as President of Entertainment and Sports. Kliavkoff will drive MGM Resorts' entertainment and sports operations and develop and maintain partnerships within the industry. ...
Oct 09, 2018 04:02 pm ET
MGM Resorts International's Borgata Hotel Casino & Spa Wins 'Property Of The Year' Honors At 2018 Global Gaming Expo
LAS VEGAS, Oct. 9, 2018 /PRNewswire/ -- MGM Resorts International's Borgata Hotel Casino & Spa was named the 2018 "Property of the Year" during the Global Gaming Awards at the Global Gaming Expo....
Oct 08, 2018 05:27 pm ET
MGM Resorts-GVC Joint Venture Partner With United Auburn Indian Community On Sports Betting
LAS VEGAS, Oct. 8, 2018 /PRNewswire/ -- MGM GVC Interactive LLC, the joint venture owned by MGM Resorts International (NYSE: MGM) and GVC Holdings PLC (LSE: GVC), has partnered with the United Auburn Indian Community (UAIC) in a first-of-its-kind partnership for the joint venture in both California and with the Indian Community.  ...
Oct 04, 2018 08:06 pm ET
Longtime Gaming Executive Bobby Baldwin To Leave MGM Resorts International
LAS VEGAS, Oct. 4, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") today announced that Robert Baldwin, Chief Customer Development Officer of MGM Resorts and CEO and President of CityCenter, will be leaving his positions at both companies later this year.  Few have played a more central role in the growth and transformation of the gaming industry than Bobby, and his contributions over more than three decades are immeasurable....
Oct 04, 2018 09:00 am ET
MGM Resorts International Announces Third Quarter 2018 Earnings Release Date
LAS VEGAS, Oct. 4, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the third quarter 2018 after the market closes on Tuesday, October 30, 2018. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Oct 01, 2018 10:30 am ET
Statement by Jim Murren, MGM Resorts Chairman & CEO, on the First Anniversary of the Route 91 Harvest Festival Shooting
LAS VEGAS, Oct. 1, 2018 /PRNewswire/ -- Jim Murren, MGM Resorts Chairman & CEO, released the following statement on the first anniversary of the Route 91 Harvest Festival shooting:...
Sep 28, 2018 08:25 am ET
Report: Exploring Fundamental Drivers Behind Apartment Investment and Management, Regency Centers, MGM Resorts International, Macy's, Annaly Capital Management, and Cheetah Mobile — New Horizons, Emer
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Apartment Investment and Management Company (NYSE:AIV), Regency Centers...
Sep 19, 2018 09:00 am ET
MGM Resorts International And MGM Growth Properties LLC Announce Agreement For Hard Rock Rocksino In Northfield, Ohio
LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- MGM Resorts International ("MGM Resorts") (NYSE: MGM) and MGM Growth Properties LLC ("MGP") (NYSE: MGP) today announced that they have entered into an agreement whereby MGM Resorts will acquire all of the operating assets of the Hard Rock Rocksino Northfield Park (the "Rocksino") from MGP and lease the real property associated with the Rocksino from a subsidiary of MGP. ...
Sep 10, 2018 08:33 pm ET
MGM Resorts International And The Alliance Of American Football Partner On Sports Betting Technology
LAS VEGAS, Sept. 10, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and new professional football league, The Alliance of American Football, have entered into a transaction that includes an investment in The Alliance and a three-year sponsorship establishing MGM Resorts as the official sports betting sponsor of The Alliance and exclusive gaming partner. ...
Sep 10, 2018 03:56 pm ET
MGM Resorts Named One of America's Best Employers for New Graduates
LAS VEGAS, Sept. 10, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was ranked No. 147 on Forbes' list of America's Best Employers for New Graduates 2018. ...
Sep 07, 2018 02:30 pm ET
NSHE Board of Regents Approves MGM College Opportunity Program
RENO, Nev., Sept. 7, 2018 /PRNewswire/ -- The Nevada Board of Regents on Friday approved a partnership between the Nevada System of Higher Education (NSHE) and MGM Resorts International that will make higher education affordable and accessible to its nearly 72,000 employees throughout the U.S....
Aug 30, 2018 05:38 pm ET
CityCenter Closes Sale Of Mandarin Oriental Las Vegas
LAS VEGAS, Aug. 30, 2018 /PRNewswire/ -- CityCenter Holdings, LLC ("CityCenter"), a venture between MGM Resorts International (NYSE: MGM) and Infinity World Development Corp, today announced that it has closed on the sale of the Mandarin Oriental Las Vegas and adjacent retail parcels for $214 million in cash. CityCenter expects to use the proceeds from the sale to pay a dividend to its shareholders....
Aug 24, 2018 05:52 pm ET
MGM Springfield Makes New England Debut
SPRINGFIELD, Mass., Aug. 24, 2018 /PRNewswire/ -- MGM Springfield, New England's first integrated luxury resort, officially opened its doors today. The resort combines the excitement and energy of Las Vegas with the rich historical context of Springfield, a city steeped in innovation and the arts....
Aug 22, 2018 01:00 pm ET
MGM Resorts International To Announce College Opportunity Program And Expanded Educational Benefits
LAS VEGAS, Aug. 22, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") and the Nevada System of Higher Education (NSHE) will seek approval from the Board of Regents on September 7 for a program designed to make education affordable and accessible for its employees in Nevada and throughout the country....
Aug 22, 2018 09:11 am ET
MGM Resorts International Appoints Paul Salem Of Providence Equity Partners To The Board Of Directors
LAS VEGAS, Aug. 22, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) (the "Company") today announced it has appointed Paul Salem to the Company's Board of Directors. With his appointment, the Company's Board has been expanded from 12 to 13 directors....
Aug 15, 2018 08:45 am ET
Aerosmith Is Coming! The Legendary Rock Band Announces Las Vegas Residency "AEROSMITH: DEUCES ARE WILD" At Park Theater At Park MGM
LAS VEGAS, Aug. 15, 2018 /PRNewswire/ -- America's all-time top-selling rock 'n' roll band, Aerosmith, is bringing the heat to the Las Vegas Strip with their headlining residency, AEROSMITH: DEUCES ARE WILD. Shows begin Saturday, April 6, 2019 at Park Theater at the new Park MGM resort....
Aug 07, 2018 09:45 am ET
MGM Resorts Completes the Sale of Grand Victoria Casino
LAS VEGAS, Aug. 7, 2018 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) today announced that it, together with its venture partner, had completed the previously announced sale of Grand Victoria Casino in Elgin, Illinois, of which a subsidiary of the Company owned a 50% interest, to Eldorado Resorts for $327.5 million in cash, subject to a customary working capital adjustment....
Aug 07, 2018 09:00 am ET
GRAMMY Award-Winning Superstar Lady Gaga To Launch Exclusive Las Vegas Residency at Park Theater Friday, December 28
LAS VEGAS, Aug. 7, 2018 /PRNewswire/ -- Six-time GRAMMY Award-winner, Golden Globe Award-winner and Academy Award-nominated superstar entertainer Lady Gaga will launch her exclusive residency at Park Theater at the new Park MGM resort Friday, Dec. 28. Citi is proud to join Lady Gaga and Park MGM as the official credit card of this residency, presented in partnership by Live Nation and MGM Resorts International. ...
Aug 02, 2018 07:30 am ET
MGM Resorts International Reports Second Quarter Financial And Operating Results
LAS VEGAS, Aug. 2, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2018. On January 1, 2018, the Company adopted the new revenue recognition accounting standard (ASC 606). As such, certain previously reported 2017 numbers have been retrospectively adjusted under the new standard to assist with comparability to the prior period....
Aug 01, 2018 07:15 pm ET
MGM Resorts First to Market with Mississippi Sports Wagering
BILOXI, Miss. and TUNICA, Miss., Aug. 1, 2018 /PRNewswire/ -- History was made today in Mississippi, as two Magnolia State resorts, Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino Resort in Tunica, held simultaneous events to usher in the era of legal sports wagering. ...
Aug 01, 2018 02:30 pm ET
Political Consultant and Women's Advocate Valerie Biden Owens Will Speak at MGM Resorts International's Women's Leadership Conference
LAS VEGAS, Aug. 1, 2018 /PRNewswire/ -- Valerie Biden Owens, one of the first women in the United States to manage modern Senatorial and Presidential campaigns, will speak at The MGM Resorts Foundation's 12th annual Women's Leadership Conference (WLC).  ...
Aug 01, 2018 01:30 pm ET
MGM Resorts First to Market with Mississippi Sports Wagering
BILOXI and TUNICA, Miss., Aug. 1, 2018 /PRNewswire/ -- History was made today in Mississippi, as two Magnolia State resorts, Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino Resort in Tunica, held simultaneous events to usher in the era of legal sports wagering. ...
Jul 30, 2018 02:00 am ET
MGM Resorts International And GVC Holdings PLC Announce Joint Venture To Create Leading Sports Betting And Interactive Gaming Platform In The U.S.
LAS VEGAS, July 30, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts") and GVC Holdings PLC (LON: GVC) ("GVC") today announced the establishment of a 50/50 joint venture to create a world-class sports betting and online gaming platform in the United States, well-positioned to engage in the new opportunities created by the recent Supreme Court decision overturning the federal Professional and Amateur Sports Protection Act, or PASPA. ...
Jul 30, 2018 02:00 am ET
MGM Resorts, Boyd Gaming Partner To Expand Mobile, Online Gaming Throughout The United States
LAS VEGAS, July 30, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Boyd Gaming Corporation (NYSE: BYD) today announced an unprecedented partnership to significantly increase each company's market access and customer base throughout the United States. ...
Jul 26, 2018 04:15 pm ET
MGM Resorts International Announces Time Change For Second Quarter 2018 Earnings Conference Call
LAS VEGAS, July 26, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM), today announced that its second quarter 2018 earnings conference call will now be held at 8:30 a.m. Eastern Time on Thursday, August 2, 2018. The call was previously scheduled for 11:00 a.m. Eastern Time on the same date. As previously announced, MGM will release its second quarter 2018 earnings results before the market opens on Thursday, August 2, 2018 prior to the conference call. ...
Jul 24, 2018 05:30 pm ET
MGM Resorts Named One of America's Best Employers for Women by Forbes
LAS VEGAS, July 24, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) was ranked No. 199 on Forbes' list of America's Best Employers for Women 2018. ...
Jul 20, 2018 06:48 pm ET
MGM Resorts International Honored With National Council On Problem Gambling's Corporate Social Responsibility Award
CLEVELAND, July 20, 2018 /PRNewswire/ -- MGM Resorts International was honored with the National Council on Problem Gambling's (NCPG) Corporate Social Responsibility Award Friday at the organization's 32nd National Conference on problem gambling in Cleveland. ...
Jul 20, 2018 09:47 am ET
MGM Resorts Statement on Passage of Japan's Integrated Resort Implementation Act
LAS VEGAS, July 20, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) said the passage today of Japan's Integrated Resort Implementation Act opens the possibility to drive significant growth in sustainable travel and tourism — particularly from international segments....
Jul 10, 2018 02:00 pm ET
Civil Rights Leader Xernona Clayton will speak at Women's Leadership Conference in Las Vegas
LAS VEGAS, July 10, 2018 /PRNewswire/ -- Xernona Clayton, who broke race and gender barriers in national broadcast TV and worked closely with Dr. Martin Luther King, Jr. to end racial inequality in America, will talk about her life and experiences at the 2018 Women's Leadership Conference (WLC)....
Jul 09, 2018 04:03 pm ET
MGM Resorts International Says "That's the Last Straw" by Reducing Single-Use Plastic Straws
LAS VEGAS, July 9, 2018 /PRNewswire/ -- MGM Resorts International announced that single-use plastic straws will only be served upon request at company operated restaurants in the U.S. As one of the world's top five largest non-chain restaurant operators in the world, MGM Resorts and its employees understand their responsibility in protecting our planet and helping reduce their carbon footprint. This initiative, which began rolling out in May 2018, aims to eventually remove more than 250,000 straws a day from landfills and waterways—that's 100 million straws each year.  ...
Jul 02, 2018 04:05 pm ET
MGM Resorts International Announces Second Quarter 2018 Earnings Release Date
LAS VEGAS, July 2, 2018 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the second quarter 2018 before the market opens on Thursday, August 2, 2018. MGM Resorts will host a conference call that day at 11:00 a.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com....
Jun 27, 2018 07:20 pm ET
MGM Resorts "UNIVERSAL LOVE" Songs Into Hands Of Karaoke Fans to Celebrate Stonewall Day
LAS VEGAS, June 27, 2018 /PRNewswire/ -- MGM Resorts International will host a special celebration of the first-ever Stonewall Day, providing karaoke versions of the songs from UNIVERSAL LOVE, a collection of reimagined wedding songs for the LGBTQ community, for the June 28 event to be held at the Stonewall Inn in New York City from 7 p.m. - 10 p.m. ...
Jun 26, 2018 09:31 am ET
To buy or sell Advanced Micro Devices, General Electric, Harley Davidson Inc., MGM Resorts and TJX?
NEW YORK, June 26, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, GE, HOG, MGM, and TJX....
Jun 25, 2018 05:18 pm ET
MGM Resorts' UNIVERSAL LOVE Album Wins 5 Lions at Cannes Creativity Festival
LAS VEGAS, June 25, 2018 /PRNewswire/ -- MGM Resorts International's UNIVERSAL LOVE album, a collection of reimagined wedding songs for the LGBTQ community, won five Lions last week at the 65th annual Cannes Lions Festival of Creativity. The Cannes Lions festival, which this year drew over 32,000 entries representing 90 countries, is regarded as the leading global creative awards competition for innovative brand communications. ...
Jun 19, 2018 05:00 pm ET
MGM Resorts International Named to The Civic 50 List as One of the Most Community-Minded Companies in the Country by Points of Light
LAS VEGAS, June 19, 2018  – MGM Resorts International has been named one of the top companies for volunteerism in our nation – The Civic 50 – by Points of Light, the world's largest organization dedicated to volunteer service. The award recognizes MGM Resorts International as one of the 50 most community-minded companies in the United States. The Civic 50 provides a national standard for superior corporate citizenship and showcases how companies can use their time, skills and other resources to improve the communities in which they do business....
Jun 18, 2018 09:05 am ET
MGM Resorts International Completes $1.0 Billion Senior Notes Offering
LAS VEGAS, June 18, 2018 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has completed its previously announced issuance of $1.0 billion in aggregate principal amount of 5.750% senior notes due 2025, which were issued at par....
Jun 18, 2018 09:00 am ET
Scott Butera Joins MGM Resorts International as President of Interactive Gaming
LAS VEGAS, June 18, 2018 /PRNewswire/ -- MGM Resorts International today announced that Scott Butera has joined the company as President of Interactive Gaming as the company moves quickly to advance its position as an industry leader in the growing market of sports betting. In this role, Butera will provide strategic leadership on the development for interactive gaming – which includes sports betting and skill-based gaming opportunities. ...
Jun 15, 2018 01:25 am ET
Artist Candy Chang, known for public exhibit "Before I Die," will speak at the Women's Leadership Conference in Las Vegas
LAS VEGAS, June 14, 2018 /PRNewswire/ -- World-renowned artist and urban designer Candy Chang will speak about love, loss and fulfilling goals at The MGM Resorts Foundation's 12th annual Women's Leadership Conference (WLC). The conference will be held Aug. 27-28 at MGM Grand Conference Center in Las Vegas, NV....
Jun 14, 2018 05:10 pm ET
MGM Resorts International's Borgata Hotel Casino & Spa Leads The Way As New Jersey And Nation Enter New Era Of Sports Wagering Entertainment
ATLANTIC CITY, N.J., June 14, 2018 /PRNewswire/ -- MGM Resorts International's Borgata Hotel Casino & Spa today became the first Atlantic City casino to accept a legal sports wager under New Jersey's new sports betting law, bringing MGM Resorts' decades of sports book experience and industry-leading operations to the Garden State....
Jun 14, 2018 04:43 pm ET
MGM Resorts International Prices $1,000,000,000 In Senior Notes
LAS VEGAS, June 14, 2018 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced an upsized public offering of $1,000,000,000 in aggregate principal amount of 5.750% senior notes due 2025 at par.  The offering of the notes was upsized from the originally announced aggregate principal amount of $500,000,000.  The transaction is expected to close on June 18, 2018, subject to customary closing conditions....