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Curious about MGM (MGM) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-30 22:20
Wall Street analysts expect MGM Resorts (MGM) to post quarterly earnings of $0.60 per share in its upcoming report, which indicates a year-over-year increase of 36.4%. Revenues are expected to be $4.18 billion, up 8% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earn ...
MGM RESORTS LAUNCHES BETMGM IN THE NETHERLANDS
Prnewswire· 2024-04-30 21:00
Dutch entry follows the UK as BetMGM's second international market utilizing LeoVegas' platform & technology LAS VEGAS, April 30, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today it is launching BetMGM – its wholly owned iGaming and online sports betting brand offering an authentic Vegas experience – in the Netherlands. BetMGM is set to provide Dutch customers with exciting new product features, including large-scale jackpots, loyalty rewards, exclu ...
Factors Setting the Tone for MGM Resorts' (MGM) Q1 Earnings
Zacks Investment Research· 2024-04-30 00:01
MGM Resorts International (MGM) is scheduled to report first-quarter 2024 results on May 1, 2024, after the closing bell.In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 58.2% and 6.9%, respectively.What Do the Estimates Say?The Zacks Consensus Estimate for first-quarter earnings per share is pegged at 60 cents, indicating an increase of 36.4% from 44 cents reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $4.18 bill ...
MGM Resorts sues FTC, agency chair over cyberattack investigation
TechXplore· 2024-04-17 00:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain MGM Resorts International filed a lawsuit April 15 against the Federal Trade Commission and its top officer, Chairwoman Lina M. Khan, claiming the agency violated the company's Fifth Amendment right to due process while investigating a September cyberattack against the company. In the four-count actio ...
MGM Sues FTC Over Probe of Casino Operator's 2023 Cyberattack
Investopedia· 2024-04-16 05:15
MGM度假村诉联邦贸易委员会 - MGM度假村对联邦贸易委员会提起诉讼,指控其对9月份导致赌场运营中断的网络攻击进行调查[1] - MGM认为FTC引用的允许进行调查的法规不适用于公司,违反了其第五修正案权利[2] - MGM度假村起诉联邦贸易委员会和FTC主席Lina Khan,指控其对9月份袭击该赌场运营的网络攻击进行调查[3] - MGM在法庭文件中表示,FTC提出了民事调查要求,要求回答Khan未回答的问题,称调查违宪[6]
Why It's Time to Bet on This Casino Stock
Schaeffers Research· 2024-04-16 00:58
Casino stock MGM Resorts International (NYSE:MGM) is higher today, last seen up 1.2% at $42.98. The equity yesterday pulled back 5% to close below the $42.50 area for the first time since early March, and is coming off its second-straight weekly loss with a 3.3% deficit for 2024. Now looks like the right time to bet on the security's next move higher, however, as this most recent pullback placed it near a historically bullish trendline. Specifically, MGM is trading within one standard deviation of its 126-d ...
MGM Resorts International Announces Closing of Offering of $750,000,000 Senior Notes due 2032
Prnewswire· 2024-04-10 04:15
LAS VEGAS, April 9, 2024 /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 6.500% senior notes due 2032 (the "Notes"), which were issued at par. The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the n ...
Why MGM (MGM) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-05 01:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? MGM Resorts (MGM) , which belongs to the Zacks Gaming industry, could be a great candidate to consider.This casino and resort operator has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 37.29%.For the last reported quarter, MGM ...
MGM RESORTS INCENTIVIZES EMPLOYEES TO CONSERVE WATER AT HOME WITH A $500,000 GRANT ON WORLD WATER DAY
Prnewswire· 2024-03-21 23:00
Nevada's largest employer partners with SNWA to offer extra water savings incentives LAS VEGAS, March 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has partnered with the Southern Nevada Water Authority (SNWA) to incentivize residential water conservation for its more than 50,000 employees in Southern Nevada. Through a $500,000 grant to the SNWA Water Efficiency Improvement Fund, MGM Resorts employees will earn additional rebates whe ...
Marriott Bonvoy and BetMGM Unlock a New World of "Play, Earn, Stay" with New Rewards Connection
Prnewswire· 2024-03-19 02:30
Unprecedented collaboration between sports betting and hospitality leaders to reach millions with real-world rewards Features sweepstakes for the opportunity to win VIP Los Angeles vacation curated by Blake GriffinBETHESDA, Md. and JERSEY CITY, N.J., March 18, 2024 /PRNewswire/ -- Marriott Bonvoy, Marriott International's award-winning travel program, and BetMGM, a leading sports betting and iGaming operator, today launched an unprecedented rewards collaboration in the online sports betting and iGaming indu ...