Tag Archives: MGM Resorts

MGM Resorts generated net revenues of $3.9bn, an increase of 36 per cent for the quarter ended March 31, 2023, with its Las Vegas Strip resorts securing record 1Q Adjusted Property EBITDAR, up 41 per cent to mark the company’ s seventh consecutive quarterly record. The current quarter benefited from the inclusion of the operating results of…

MGM Resorts International has announced that its wholly owned subsidiary, LeoVegas, has entered into an agreement to acquire the majority of game developer Push Gaming Holding Limited and its subsidiaries, and the future operating commitment of the founding management team. Push Gaming is an industry-leading innovative creator of highly entertaining digital games for betting and gaming…

Morgan Stanley estime que MGM China et Wynn mèneront la charge pour que les casinos de Macao reviennent aux revenus de jeu de masse d'avant la pandémie. MGM a l’avantage supplémentaire de disposer de 197 nouvelles tables de jeux supplémentaires entrées en service en début d’année, portant son total à 750 tables contre 553 avant la pandémie….

MGM Resorts International and BetMGM, a leading sports betting and iGaming operator, have launched MGM Riches, the companies’ first custom slot experience that can be played both online via BetMGM and as a traditional slot game at MGM Resorts properties throughout the US. “MGM Riches is designed to engage and entertain our slot customers wherever they choose to…

Empire City Casino by MGM Resorts a annoncé l'ajout de plus de 1,000 XNUMX nouveaux jeux de pointe à son espace de jeu, le sixième plus grand casino du pays et le plus grand du portefeuille de MGM Resorts. La mise à niveau offre une nouvelle expérience aux clients proposant les titres de jeu les plus récemment sortis et remplace près de vingt…

MGM Resorts saw a 36 per cent improvement in revenues throughout 2022 with net revenues of $13.1bn with the group’s Las Vegas casinos reporting a 77 per cent increase in year-on-year revenue. Las Vegas saw revenues of $8.4bn in the current year compared to $4.7bnin the prior year, boosted by the inclusion of The Cosmopolitan of Las Vegas, which…

S&P Global Ratings believes that MGM Resorts’ cost for its integrated resort in Yumeshima, Osaka, Japan, which it is hoping to open in 2029, could be between US$2bn and US$2.5bn. The consortium fronted by MGM Resorts and ORIX, has previously said it will spend big in Osaka to guarantee its success in the race for…

MGM Resorts International has been recognized for leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on the organization’s annual A List. “This marketplace recognition by CDP is a reflection of our ongoing strategic prioritization of sustainability across our business operations and supply chain,”…

MGM Resorts generated record Las Vegas Strip Resorts revenue and Adjusted Property EBITDAR for the quarter ended September 30, 2022 with revenues of $3.4bn compared to $2.7bn in the prior year quarter, an increase of 26 per cent. Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International, said: “We’re proud to report the…