Mgm Resorts International Stock News

A feeling of "normalization" has re-entered the markets, welcome as a spring breeze.

If China eases its COVID-19 restrictions it could be a boon for Macao's gambling revenue.

MGM Resorts International (MGM) has announced a new $2B share repurchase program. The company has purchased 60M shares, representing $2.5B, as part of its existing $3B repurchase…

MGM Resorts International late Wednesday said that its board of directors has authorized a new $2 billion share buyback program, saying that it believes there''s "tremendous value" in its stock at current level. The company has $524.6 million remaining under a previous authorization, and it plans to use its remaining capacity before starting buybacks under the newly approved plan, it said. Shares of MGM rose 0.9% in the extended session after ending the regular Wednesday trading up 4.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

LAS VEGAS, March 2, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that its Board of Directors has authorized a new $2.0 billion share repurchase program. "We remain committed to our capital allocation strategy and continue to…

IAC/Interactivecorp executives Joseph Levin and Barry Diller received a recommendation of approval from the Nevada Gaming Control Board for a 14 percent investment in MGM.

A feeling of "normalization" has re-entered the markets, welcome as a spring breeze.

If China eases its COVID-19 restrictions it could be a boon for Macao's gambling revenue.

MGM Resorts International MGM, +4.32% late Wednesday said that its board of directors has authorized a new $2 billion share buyback program, saying that it believes there's "tremendous value" in its s

NEW YORK , March 2, 2022 /PRNewswire/ -- When Congress made sports gambling illegal at the federal level with the passage of the Professional and Amateur Sports Protection Act (PASPA) on Oct. 28, 1992 , online betting wasn''t even a topic of discussion. If someone wanted to place a bet on the Super Bowl or a basketball game, their options were minimal at best: jump on a plane to Las Vegas or phone their local bookie. Fast forward 25 years and the internet is ubiquitous and laws such as PASPA arcane, making May 14, 2018 , a day of gambling liberation, as the Supreme Court overturned the law on the grounds it was unconstitutional and commandeered power from states. With the federal ban removed, the majority of states have enacted laws defining legal online gambling to participate in a booming global market. As such, innovation is thriving to offer operators and consumers premium experiences. P laygon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF ) ( Profile ) is seizing the opportunity, while others in the space, including Boyd Gaming Corporation (NYSE: BYD ), MGM Resorts International (NYSE: MGM ), Caesars Entertainment Inc. (NASDAQ: CZR ) and Zynga Inc . (NASDAQ: ZNGA ) also look to capitalize on the momentum building behind online gaming.

Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

NEW YORK , March 1, 2022 /PRNewswire/ -- Gaming companies are in the midst of an M&A race to fight for exclusivity, size, and financial potential. Large companies are spending millions to acquire smaller gaming companies and boost their outstanding existence in the industry. The speed at which big companies are buying up other big companies, in deals worth billions, seems to be accelerating. M&A activity generated $38 billion last year, driven by strategic investors like Take Two, Zynga, and EA. A few weeks ago, Microsoft acquired Activision for $68.7 billion , the largest acquisition in the history of gaming. The trend of gobbling up companies in the gaming industry is here to stay, with companies like Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Take-Two Interactive Software (NASDAQ: TTWO ), Enthusiast Gaming Holdings (TSX: EGLX ) (NASDAQ: EGLX ), Scientific Games Corporation (NASDAQ: SGMS ), and MGM Resorts International (NYSE: MGM ) continuing to sign new deals to grow their share of the market.

These travel stocks should get a big boost during the rest of the year as travel opens up around the world. The post 4 Travel Stocks To Buy in March as the Pandemic Fades appeared first on InvestorPla

Tom Rogers, Engine Media executive chairman, joins CNBC's 'Squawk Box' to discuss mobile gambling in New York and what it means for sports betting companies.

Yahoo Finance's Jared Blikre discusses a bullish call on MGM Resorts, which is the Yahoo Finance Plus investment idea of the day.