MGM Resorts stock (NYSE: MGM) currently trades at $32 per share (Jan. 13), roughly 36% below its pre-inflation shock high of $50 seen on November 5, 2021. The stock has been impacted by the Macau ...
MGM has exposure in China through its subsidiary MGM Macau, which partly owns high-profile resorts such as the MGM Cotai and MGM Macau, alongside local partners. It is also the largest casino operator ...
Amazon is weeks into negotiations on a deal to acquire MGM for about $9 billion, industry sources tell Variety. Chatter that Amazon and other tech and media giants have been sniffing around MGM has ...
James Bond has a new home: Amazon and MGM announced a definitive merger agreement under which Amazon will acquire MGM for $8.45 billion. MGM, founded in 1924, complements Amazon Studios, which has ...
The lawsuits of several former MGM Resorts International employees claiming they were wrongfully terminated after refusing to receive a COVID-19 vaccine are likely to be consolidated by a federal ...
MGM operates some of the top resorts in the U.S., which have maintained occupancy rates above 90% over the past few years. Despite short-term macro headwinds, I think the long-term outlook remains ...