Tag: MGM

02/20/25 3:56 AM

New York: MGM’s Empire City Casino promotes Erick Isaac to Drop/Count Manager

  • Rege Behe, CDC Gaming
Empire City Casino by MGM Resorts in Yonkers, New York, Wednesday has promoted Erick Isaac to Drop/Count Manager in the finance department.... more
02/18/25 11:45 AM

Wall Street Bets: DraftKings, Wynn, Las Vegas room rates

  • Rege Behe, CDC Gaming
DraftKings looks solid In a February 17 statement, Truist Securities analyst Barry Jonas wrote that “DraftKings overcame hold-related... more
02/13/25 3:03 PM

MGM Resorts looks forward to 2025 despite some headwinds

  • Rege Behe, CDC Gaming
During Wednesday’s earnings conference call, MGM Resorts CEO and President Bill Hornbuckle expressed optimism for 2025. “We are seeing... more
02/12/25 8:40 PM

Entain issues surface at hearing for BetMGM to take over MGM’s Nevada sportsbooks

  • Buck Wargo, CDC Gaming
BetMGM will take over the operations of MGM Resort International’s Las Vegas sportsbooks this summer, a company legal counsel said... more
02/12/25 5:00 PM

MGM Resorts reports $17.2 billion in revenue in 2024

  • Rege Behe, CDC Gaming
MGM Resorts on Wednesday reported revenue for the fourth quarter of 2024 was $4.3 billion, up 1 percent from the fourth quarter of 2023,... more
02/03/25 9:28 AM

Wall Street Bets: Churchill Downs, Las Vegas Strip room rates and revenue, Iowa legislation

  • Rege Behe, CDC Gaming
Churchill Downs prospects “Inbound focus on Churchill Downs remains active the past several weeks, given the weakness (-7.5% year-to-date,... more
01/27/25 10:01 AM

Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting

  • Rege Behe, CDC Gaming
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
01/06/25 12:29 PM

Wall Street Bets: DraftKings, U.S. revenue, Las Vegas Strip, Macau

  • Rege Behe, CDC Gaming
DraftKings outlook tweaked Analyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025. “We are tweaking our... more
01/02/25 9:05 PM

MGM Resorts considers new fees at its properties in 2025, analyst writes

  • Buck Wargo, CDC Gaming
Deutsche Bank, in a note to investors, looked beyond the challenged first quarter of 2025, which is hindered by the “optically reasonable”... more
12/29/24 6:36 PM

BetMGM to assume “key-employee” status for MGM’s Nevada sportsbooks

  • Buck Wargo, CDC Gaming
MGM Resorts International is turning over its racebook and sportsbook functions to BetMGM, the joint venture between MGM Resorts and Entain... more