Hotels
Tourism
Hospitality

MGM Resorts

$25.52
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+$0.17 (0.67%) Today
-$0.02 (-0.08%) After Hours

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About

MGM RESORTS INTERNATIONAL, also called MGM Resorts, is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Read More It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

Employees
55,000
Headquarters
Las Vegas, Nevada
Founded
1986
Market Cap
13.72B
Price-Earnings Ratio
53.69
Dividend Yield
1.98
Average Volume
8.44M
High Today
$25.67
Low Today
$25.29
Open Price
$25.48
Volume
798.05K
52 Week High
$32.18
52 Week Low
$21.62

Collections

Hotels
Tourism
Hospitality
Entertainment
Resorts
Real Estate

News

Barron'sMay 24

The House Always Wins. Unless It’s MGM Stock.

Text size In gambling, they say, the house always wins. Investors in MGM Resorts International (ticker: MGM) have reason to believe otherwise. The stock has languished in recent years, and at $25, trades 34% below a high of $38 reached early last year. MGM controls an impressive group of casino assets. It has a market-leading 35% position on the Las Vegas Strip with marquee hotel-casinos such as the Bellagio, Mandalay Bay, and MGM Grand. It also has properties in Detroit; metropolitan Washington, D.C.; a...

150
Yahoo FinanceMay 23

Will Vegas Glitz Play in Boston? Wynn Resorts Will Soon Find Out

(Bloomberg) -- Wynn Resorts Ltd. is about to find out how well Vegas plays in Boston. After holding discussions to sell its $2.6 billion Massachusetts project to MGM Resorts International -- talks that sparked an outcry from local officials -- the company has decided to keep the property. When it opens next month, Encore Boston Harbor will be the flashiest casino on the East Coast. The Wynn style -- with its floral sculptures, modern art and emphasis on high-end dining -- hasn’t always traveled well. Foun...

3
Seeking AlphaMay 23

MGM pushes hard for Osaka gaming license

MGM Resorts (MGM -1% ) hopes to be in a leading position in Japan to land a casino license after setting an "Osaka First" strategy ahead of rivals.

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Earnings

$0.00
$0.12
$0.25
$0.37
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Estimated
Actual
Expected Aug 1, After Hours

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