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5857 results for "mgm"
Wynn Hit with ‘Sell’ Rating by Citi, Bank also Downgrades MGM
It's been a while since Wall Street analysts tagged casino stocks with “sell” ratings. But Wynn Resorts (NASDAQ:WYNN) is enduring that fate today at the hands of Citi. In a note to...
MGM Acknowledges Anxious Activist Investor, But Imminent China Stake Reduction Unlikely
MGM Resorts International (NYSE:MGM) has confirmed it received a letter from Snow Lake Capital Ltd. founder Sean Ma. But the gaming company isn't rushing to trim its stake in MGM China Holdings...
Snow Lake Capital Presses MGM to Sell 20 Percent of China Business
Sean Ma’s Snow Lake Capital Ltd. is urging MGM Resorts International (NYSE:MGM) to sell 20 percent of the Macau business. They suggest the stake go to a “leading” Chinese consumer internet or...
MGM Explains Entain Acquisition Offer, Analyst Calls it ‘Smart, Strategic’
MGM Resorts International (NYSE:MGM) has confirmed it made an $11.06 billion takeover bid for Entain Plc (OTC:GMVHY), its partner on the BetMGM venture, and that the British company turned back the proposal,...
MGM Proposes $11.06 Billion Entain Takeover, But Target Says That’s Not Adequate
MGM Resorts International (NYSE:MGM) is offering $11.06 billion for Entain Plc (OTC:GMVHY). But the British bookmaker says that's not enough. Reports surfaced Sunday that the Mirage operator is seeking to acquire its...
MGM Resorts Reportedly Makes Offer for Entain, Aims for Full Control of Sports Betting Business
MGM Resorts International (NYSE:MGM) is reportedly looking to acquire Entain Plc (OTC:GMHY), the UK-based company formerly known as GVC Holdings that's the casino operator's partner in the BetMGM online gaming and sports...
Macau Stocks Steady Heading Into 2021, Analyst Hikes Targets on LVS, MGM, Wynn
Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ:WYNN) are the domestic gaming companies with Macau footprints. To say that trait has been problematic in 2020 is underplaying the...
MGM Resorts Offering Las Vegas Guests On-Demand Mobile Fuel Delivery Service
Guests at MGM Resorts properties in Las Vegas can now have their vehicles fueled up in the parking garage while they gamble on the casino floor. In May, the largest operator of...
MGM Springfield Endures Worst Month Ever, Encore Boston and Plainridge Also Struggle
MGM Springfield had little to be thankful for in November, the casino reporting its worst full-month performance in the property's history. Gross gaming revenue (GGR) totaled just $10.5 million last month. The...
MGM National Harbor and Live! Forced to Reduce Casino Capacity Limit to 25 Percent
Maryland's MGM National Harbor and Live! Casino & Hotel are being forced on county orders to reduce their gaming floor capacity limits to 25 percent. MGM's gaming space at the integrated resort...