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Soros Fund Management Eliminates Caesars, MGM Stakes, Adds Sands
Soros Fund Management, the family office of billionaire financier George Soros, sold positions in Caesars Entertainment (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) in the second quarter. During the April through June period,...
Las Vegas Casino Union Welcomes VP Kamala Harris to MGM Grand
The Las Vegas casino union that represents 60,000 gaming industry workers throughout Nevada met this week with Vice President Kamala Harris to discuss several pressing issues. The Culinary Union, an affiliate of...
BetMGM Named Official Sports Betting Partner of NFL Canada
BetMGM, the digital sports betting and iGaming unit of MGM Resorts, has been designated as an Official Sports Betting Partner of the National Football League (NFL) in Canada. The pact, announced today,...
MGM Named Top Thematic Idea by Citi
Shares of MGM Resorts International (NYSE:MGM) are up more than 16% over the past month. That's prompted some analysts to opine the stock is building second half momentum. In a report out...
MGM Resorts Expresses Interest in Thailand Casino, Steady on Macau
MGM Resorts International released its latest financial health report this week, reporting over $2.1 billion in revenue for its Las Vegas operations. In an earnings call on Wednesday, the gaming operator offered...
MGM Q2 Las Vegas Revenue Doubles, Buys Back 8% of Stock
Shares of MGM Resorts International (NYSE:MGM) are trading higher in Wednesday’s extended session. That's after the largest operator on the Las Vegas Strip said its Sin City revenue more than doubled to...
Damon Arnette Park MGM Weapons Charges Dropped, Arrested in Florida for Drugs
Clark County prosecutors said Tuesday charges will not be filed against former Las Vegas Raiders cornerback Damon Arnette over allegations he pointed a gun at Park MGM valets in January. But that...
MGM Grand Shooting Rumor Unfounded, Leads to ‘Stampede’ on Strip – Video
Visitors and players fled the MGM Grand and other Las Vegas properties Saturday night after rumors erupted about an active shooter on the Las Vegas Strip. A gunshot-like noise in the area...
MGM Reportedly Mulled Genting Singapore Acquisition
Genting Singapore could be on the auction block, and the gaming company is reportedly attracting interest from some of the industry’s heavy hitters, including MGM Resorts International (NYSE:MGM). Citing unidentified sources familiar...
BetMGM Renews, Expands Major League Baseball Partnership
MGM Resorts International is renewing and expanding its relationship with Major League Baseball (MLB). That deal started in 2018, when the casino operator was named the league’s first official gaming partner. Under...