Associated tags: Sport, MGM Resorts International, LeoVegas, MGM, NYSE, Hotel
Locations: NEW YORK, NEW JERSEY, PENNSYLVANIA, UNITED STATES, MISSISSIPPI, UK, CANADA, NORTH AMERICA, WEST VIRGINIA, MICHIGAN, ONTARIO, KENTUCKY, NETHERLANDS, NEVADA, ATLANTIC CITY, UNITED KINGDOM
Retrieved on:
Tuesday, February 21, 2023
United,
Climate change,
Water,
Hope,
United Nations,
NYSE,
Outline,
Accreditation,
MGM Resorts International,
CDP,
Sustainable Development Goals,
MGM,
Fountains of Bellagio,
Global Water Policy Project,
Conference,
Policy,
Hotel,
Renewable energy LAS VEGAS, Feb. 21, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it endorsed the United Nations' CEO Water Mandate – a global initiative and coalition of hundreds of major companies making bold commitments to address water crises and challenges. MGM Resorts is the first gaming company to endorse the mandate.
Key Points:
- LAS VEGAS, Feb. 21, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it endorsed the United Nations' CEO Water Mandate – a global initiative and coalition of hundreds of major companies making bold commitments to address water crises and challenges.
- MGM Resorts is the first gaming company to endorse the mandate.
- The CEO Water Mandate is endorsed by more than 230 companies spanning a range of industries and regions around the world.
- In 2022, MGM Resorts finalized its Global Water Policy , an outline of how water will be resourced and managed across all global operations.
Retrieved on:
Thursday, January 26, 2023
Class Action Lawsuit,
Professional Services,
Legal,
Excalibur,
Sherman,
Algorithm,
Clayton Antitrust Act of 1914,
MGM Resorts International,
Linq,
Las Vegas Strip,
CityCenter,
MGM,
Action Replay,
Park MGM,
COVID-19,
Caesars Entertainment,
Caesars Palace,
Encore,
MGM Grand,
Hotel,
Ridesharing,
Tourism,
Oliver Cromwell,
Flamingo,
Horseshoe,
Rainmaker Attorneys say that in a competitive market, hotel operators would price rooms independently and would fill as many rooms as possible.
Key Points:
- Attorneys say that in a competitive market, hotel operators would price rooms independently and would fill as many rooms as possible.
- If you’ve rented a hotel room on the Las Vegas Strip on or after Jan. 25, 2019, you may have overpaid.
- We intend to expose the under-the-table deals perpetrated by these Vegas hotels, and we intend to hold them accountable.”
According to the lawsuit, Las Vegas hotel room prices are currently at record highs.
- The lawsuit brings claims for violation of the Sherman Antitrust Act against hotel operators for their use of Rainmaker software.
Retrieved on:
Thursday, February 16, 2023
Online,
CXS,
Android,
British Columbia Lottery Corporation,
IGaming Business,
MGM Resorts International,
Partnership,
Education,
IOS,
Creativity,
Gambling,
Jim Cramer,
Video game,
Aristocracy (class),
Anaxis LAS VEGAS, Feb. 16, 2023 /PRNewswire/ -- Anaxi, Aristocrat's online Real Money Gaming business, announced today a strategic partnership with BetMGM, a leading iGaming and sports betting operator. World class gaming content from Aristocrat will first be available via BetMGM online casino.
Key Points:
- LAS VEGAS, Feb. 16, 2023 /PRNewswire/ -- Anaxi, Aristocrat's online Real Money Gaming business, announced today a strategic partnership with BetMGM, a leading iGaming and sports betting operator.
- World class gaming content from Aristocrat will first be available via BetMGM online casino.
- Cath Burns, Executive Vice President of Anaxi, said, "We are thrilled to be collaborating with BetMGM as Anaxi reimagines the world's greatest gaming content online.
- As part of Aristocrat, Anaxi brings a portfolio of world-class content, technology, and creativity to the iGaming industry.
Retrieved on:
Thursday, February 16, 2023
CFO,
VICI,
Cherokee Nation Businesses,
Weil, Gotshal & Manges,
MGM Resorts International,
NYSE,
Vici Properties,
Sale,
Gold Strike Tunica,
MGM,
CNE,
Gold Strike,
Depreciation,
Tax,
L.L.C LAS VEGAS, Feb. 15, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash.
Key Points:
- LAS VEGAS, Feb. 15, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash.
- "Gold Strike is an iconic property in Mississippi, and the employees there represent southern hospitality at its finest," said Bill Hornbuckle, CEO & President, MGM Resorts International.
- "I wish Gold Strike well, and firmly believe a bright future is ahead for this property."
- At the closing of the transaction, MGM Resorts' master lease with VICI Properties, Inc. (NYSE: VICI) that currently includes the Gold Strike property will be amended to reduce the annual rent by $40 million to account for the Company's sale of the operations of Gold Strike.
Retrieved on:
Wednesday, February 1, 2023
Supplier,
Woman,
Sustainability,
NYSE,
WBE,
Travel,
MGM Resorts International,
Motivation,
Business Enterprise Trust,
MGM,
Growth,
Corporation,
Conference,
Hotel,
Management LAS VEGAS, Feb. 1, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named one of the 2023 America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC).
Key Points:
- LAS VEGAS, Feb. 1, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named one of the 2023 America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC).
- MGM Resorts is one of only four honorees in the travel & hospitality and arts, entertainment & recreation category and the only gaming company to be recognized.
- It is the only national award honoring corporations for world-class supplier diversity programs that reduce barriers and drive growth for women-owned businesses.
- MGM Resorts is committed to increasing business opportunities for diverse, women-owned businesses, fueling innovation, growth and development, and breaking down barriers for women entrepreneurs.
Retrieved on:
Tuesday, January 31, 2023
Organization,
Gender,
NYSE,
Workplace,
MGM Resorts International,
Disclosure,
Parity,
Leadership Conference on Civil and Human Rights,
Sustainability,
MGM,
Conference,
Overalls,
Bloomberg,
GEI,
Nursing LAS VEGAS, Jan. 31, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named to the 2023 Bloomberg Gender-Equality Index (GEI).
Key Points:
- LAS VEGAS, Jan. 31, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named to the 2023 Bloomberg Gender-Equality Index (GEI).
- MGM Resorts is among 483 organizations included in this year's GEI, reflecting a high level of disclosure and overall performance across several pillars.
- "MGM Resorts is proud to be recognized for our long-standing commitments to progressing gender equity throughout our company and communities in which we operate," said Jyoti Chopra, Chief People, Inclusion and Sustainability Officer at MGM Resorts International.
- Programs highlighting MGM Resorts' year-long efforts in achieving gender equity include the Accelerated Leadership Program, Professional Women Employee Network Group and Mentorship Program.
Heart,
MGM Resorts International,
Football,
NYSE,
Partnership,
MGM,
NFL,
Mandalay Bay,
National Football League Players Association,
National Football League Draft,
NFLPA,
Senior,
Casino,
Fan District LAS VEGAS, Jan. 27, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today a multi-year agreement to become a hospitality and strategic partner of the National Football League Players Association (NFLPA). Under the agreement, the two sides will collaborate on creating new content and fan experiences with current and retired NFL players. The partnership also provides hospitality benefits to NFL players with MGM Resorts' properties serving as the host location for a variety of NFL player-related events.
Key Points:
- LAS VEGAS, Jan. 27, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) announced today a multi-year agreement to become a hospitality and strategic partner of the National Football League Players Association (NFLPA).
- Under the agreement, the two sides will collaborate on creating new content and fan experiences with current and retired NFL players.
- The partnership also provides hospitality benefits to NFL players with MGM Resorts' properties serving as the host location for a variety of NFL player-related events.
- "As football's premier events come to Las Vegas, we look forward to welcoming players and creating world-class experiences for MGM Rewards members."
Retrieved on:
Thursday, January 26, 2023
Online,
National Council,
EBITDA,
MGM Northfield Park,
MGM Resorts International,
Great American Ball Park,
Q&A,
GAAP,
Reds,
NYSE,
Gambling,
LSE,
National Council on Problem Gambling (United States),
State Farm Stadium,
MGM,
NFL,
100 Best Workplaces in Europe,
Entain,
Super Bowl,
PIN,
GGR,
Webcast,
Research,
Pharmaceutical industry,
Sport,
Internet service provider JERSEY CITY, N.J., Jan. 26, 2023 /PRNewswire/ -- BetMGM, one of the leading sports betting and iGaming operators in North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on performance and outlook for 2023.
Key Points:
- The call will be accessible via webcast or dial in – registration details below:
The live webcast will be accessible at: Webcast Registration .
- Adam Greenblatt, Chief Executive Officer of BetMGM, commented: "The talented team at BetMGM continues to execute our plan with purpose, passion, and discipline.
- FY 2022 net revenue for BetMGM on a GAAP basis is expected to be approximately $1,403 million, which includes approximately $55 million related to Nevada MGM operations for which BetMGM records on a net basis as BetMGM is considered to be the agent in the Nevada transactions for GAAP purposes.
- BetMGM operates iGaming and Online Sports Betting in five markets and Sports Betting only in twenty markets.
Retrieved on:
Tuesday, January 17, 2023
Form,
Q&A,
Security (finance),
Entain,
Net,
MGM Resorts International,
COVID-19,
GAAP,
Revenue,
PIN,
NYSE,
Travel,
Growth,
Sale,
Plant breeders' rights,
LSE,
MGM,
Bank LAS VEGAS, Jan. 17, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release an update on Thursday, January 26, 2023 at approximately 8:30 a.m. Eastern Time (1:30 pm UK).
Key Points:
- LAS VEGAS, Jan. 17, 2023 /PRNewswire/ -- BetMGM, LLC ("BetMGM"), one of the leading sports betting and iGaming operators across the U.S., jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), will release an update on Thursday, January 26, 2023 at approximately 8:30 a.m. Eastern Time (1:30 pm UK).
- BetMGM will also host a conference call that day at 10:00 a.m. Eastern Time, which will include an overview of its results, followed by a brief Q&A session.
- For those wishing to ask a question, please register at
Upon registration, dial-in details and a personalised PIN will be provided.
- BetMGM believes this presentation, which it uses for its own analysis of operations, is useful in that it reflects the true economic performance of the business.
Retrieved on:
Thursday, January 5, 2023
LAS VEGAS, Jan. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2022 after the market closes on Wednesday, February 8, 2023.
Key Points:
- LAS VEGAS, Jan. 5, 2023 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the fourth quarter and full year 2022 after the market closes on Wednesday, February 8, 2023.
- MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session.
- In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com .
- The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers.
