Tag: MGM

08/10/23 8:38 PM

BetMGM partners with NetGaming for igaming slot titles in Michigan and beyond

  • Rege Behe, CDC Gaming
BetMGM Thursday announced a partnership with casino games developer NetGaming for a portfolio of slot titles for BetMGM Casino in Michigan.... more
08/07/23 11:29 AM

Kentucky: BetMGM announces market access agreement to provide online and retail sports betting

  • Rege Behe, CDC Gaming
BetMGM Monday announced a market access agreement, in conjunction with Revolutionary Racing Kentucky, to provide its online and retail... more
08/02/23 8:58 PM

MGM’s agreement with Marriott elicits interest during earnings call; CEO bullish on Macau

  • Rege Behe, CDC Gaming
In July, MGM Resorts International and Marriott International forged an agreement that drew interest from Wall Street analysts during... more
08/02/23 8:57 PM

MGM posts record results for second quarter

  • Rege Behe, CDC Gaming
MGM’s multi-pronged strategy appears to be paying dividends. The gaming operator boasted record revenue of $3.9 billion during the second... more
08/01/23 6:51 PM

MGM to implement Rewards program at Cosmopolitan in February

  • Buck Wargo, CDC Gaming
MGM Resorts International tabbed Feb. 1 to make the transition to the MGM Rewards loyalty program at the Cosmopolitan of Las Vegas. MGM... more
08/01/23 8:28 AM

Wall Street Bets: Analysts take on BetMGM, Las Vegas Strip, Gaming & Leisure Properties, rise in negative outlooks

  • Rege Behe, CDC Gaming
David Katz, equity analyst for Jefferies, July 30 wrote an update about BetMGM and its future ownership structure. “In short, BetMGM... more
07/26/23 4:06 PM

BetMGM outperformance reignites buyout speculation

  • David McKee, CDC Gaming
Back on February 8, MGM Resorts International said it was “moving on” from takeover talk about joint-venture partner Entain, adding “for... more
07/18/23 11:55 AM

Wall Street Bets: Analysts take on first half of 2023, Gambling.com, DraftKings, MGM Macau

  • Rege Behe, CDC Gaming
Truist Securities analyst Barry Jonas, in a July 18 statement, wrote that gaming industry fundamentals through the first half of 2023... more
07/17/23 12:05 PM

MGM, Marriott ink pact; analysts approve

  • David McKee, CDC Gaming
Forging a marketing alliance, MGM Resorts International and Marriott International announced a sweeping new arrangement today. When... more
07/13/23 11:44 AM

Another analyst bullish on Macau

  • David McKee, CDC Gaming
In a Wednesday investor note, Deutsche Bank analyst Carlo Santarelli laid out a “bullish Macau view.” Citing second-quarter trends in the... more