Tag: MGM
MGM Resorts reports $17.2 billion in revenue in 2024
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
Wall Street Bets: Churchill Downs, Las Vegas Strip room rates and revenue, Iowa legislation
Churchill Downs prospects “Inbound focus on Churchill Downs remains active the past several weeks, given the weakness (-7.5% year-to-date,... more
Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
Wall Street Bets: DraftKings, U.S. revenue, Las Vegas Strip, Macau
DraftKings outlook tweaked Analyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025. “We are tweaking our... more
MGM Resorts considers new fees at its properties in 2025, analyst writes
Deutsche Bank, in a note to investors, looked beyond the challenged first quarter of 2025, which is hindered by the “optically reasonable”... more
BetMGM to assume “key-employee” status for MGM’s Nevada sportsbooks
MGM Resorts International is turning over its racebook and sportsbook functions to BetMGM, the joint venture between MGM Resorts and Entain... more
The industry looks back on 2024, and forward to 2025 (Part 1)
Where did 2024 go? Wasn’t ICE’s last show in London last week? As 2024 comes to a close, the changes in 2025 include ICE London... more
MGM execs tout 2025 growth in Las Vegas, despite tough comps
MGM Resorts International executives told Wall Street analysts that they expect growth in Las Vegas despite tough comparisons to end 2024... more
New York: MGM Empire City Casino names Foundation Grant recipients
MGM Resort’s Empire City Casino Monday announced its 2024 Foundation Grant recipients and in-kind donations. The grants focus on key... more
BetMGM hires Casey Hurbis as chief marketing officer
BetMGM Monday announced the hiring of Casey Hurbis as its new chief marketing officer. Hurbis, who will report to BetMGM Chief Revenue... more
