MGM Resorts (MGM) anticipates significant synergies and strategic value addition from the acquisition of The Cosmopolitan of Las Vegas.
LAS VEGAS, Sept. 28, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced that MGM Japan, together with its joint-venture partner ORIX, has been selected by Osaka as the region'
Blackstone Inc. (NYSE: BX) has told investors that it has agreed on the Cosmopolitan casino and hotel sale for $5.65 billion. The asset sale located on the Las Vegas Strip is Blackstone's most profita
MGM Resorts International (NYSE: MGM) has signed an agreement with Blackstone Inc (NYSE: BX) to acquire the operations of The Cosmopolitan of Las Vegas for cash consideration of $1.625 billion, s
LAS VEGAS, Sept. 27, 2021 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (NYSE: MGM) today announced that the Company has entered into a definitive agreement with Blacksto
MGM's Vegas segment is poised to ramp beyond the $1b in 2Q'21 reported as we enter the early phase of Delta variant easing. Macau stocks hammered on worrisome regulatory news that on balance is not as
JERSEY CITY, N.J., Sept. 24, 2021 /PRNewswire/ -- BetMGM, a leading sports betting and digital gaming company, announced today the signing of mixed martial arts (MMA) journalist Ariel Helwani as a br
LAS VEGAS, Sept. 23, 2021 /PRNewswire/ -- MGM Resorts International and BetMGM, the joint venture between MGM Resorts and Entain, are proud to join the American Gaming Association (AGA) as official p

Why MGM Resorts Stock Jumped 6.7% Today

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DraftKings has upped its offer for Entain, putting MGM Resorts in a power position during negotiations.

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LAS VEGAS, Sept. 21, 2021 /PRNewswire/ -- MGM Resorts International ("MGM") is aware of DraftKings Inc.'s ("DraftKings") possible offer for Entain plc ("Entain").
Senior Macau casino and junket executives met with authorities in the world's biggest gambling hub on Monday seeking details on proposed regulatory changes but received little in the way of clarity.
Macao's government could potentially change the rules of the gambling business next year, and it has investors on edge.
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