MGM Resorts: Latest News, Deals, and Market Updates
AI-GENERATEDBorgata Poker Director Kellie de Celis Exits: End of an Era in Atlantic City?
After 12 years, the Director of Poker Operations is leaving Borgata. The New Jersey poker market faces massive overlays reaching $740,000.
AI-GENERATEDYonkers Casino Shock: MGM Unexpectedly Withdraws $2.3 Billion Expansion Bid
MGM Resorts has halted the expansion of Empire City Casino in Yonkers. Instead, competitors in Queens and the Bronx received full licenses for live table games.
AI-GENERATEDCasino Stocks Tumble: Q1 Earnings Analysis Reveals Market Volatility Despite Revenue Hits
Major casino operators face stock price declines as earnings miss expectations. Bally's grew revenue by 23.7%, yet the sector dropped 11.8% on average.
AI-GENERATEDBorgata Stands Alone as Only Atlantic City Casino with Growth in August
Atlantic City's brick-and-mortar casino revenue dropped 5.5% in August, but Borgata bucked the trend with a 6.4% increase in earnings.
AI-GENERATEDCasino Burnout: Macau Study Reveals High Depression Rates Among Staff
A study of 563 gaming workers in Macau shows that 33.9 per cent suffer from high anxiety, with researchers warning against using gambling as a stress relief tool.
AI-GENERATEDLas Vegas Crisis: Casino Executives Urge President Trump to Act as Tourism Drops
International visitor numbers in Las Vegas plummeted by 14.7% in 2025. MGM CEO Bill Hornbuckle is now calling for direct federal intervention.
AI-GENERATEDiGaming Quarterly Report 2026: Record Revenues Meet Shrinking Margins
The 2026 World Cup accelerated betting volume, with Flutter reaching $4.33 billion in revenue, though regulatory costs are weighing on profits.
AI-GENERATEDTreasure Island Casino: Mike Heavner Appointed New General Manager in Minnesota
After 25 years of service, the Prairie Island Indian Community promotes veteran Mike Heavner to lead Treasure Island Resort & Casino.
AI-GENERATEDLas Vegas AML Scandal: Venetian Approved for $7.2 Million Fine
Nevada regulators have penalized The Venetian Resort with a multi-million dollar fine over AML failures linked to an illegal bookmaker, bringing total Strip penalties to $34 million.
AI-GENERATEDGambling Stock Update: MGM and Sportradar Under Pressure as Macau Recovery Continues
Market analysts re-evaluate MGM Resorts and Churchill Downs while Macau reports July gross gaming revenues of 20.3 billion MOP.
AI-GENERATEDMGM Osaka on Track: Japanese Mega-Resort Set to Open in 2030
MGM Resorts reports significant progress on its $10 billion Osaka project, with over 60 percent of foundation piles already completed.
AI-GENERATEDBetMGM Recruits AI Executives to Lead Digital Disruption in Gambling
BetMGM is hiring for high-level AI positions, including an SVP role with a salary of up to $371,000, signaling a major strategic shift toward automation.
AI-GENERATEDLas Vegas Strip Revenue Dips as High Rollers Favor World Cup Events
Gaming revenue on the Las Vegas Strip fell 1.4% to $754.6 million in June, a decline linked by analysts to high-stakes baccarat players traveling for the World Cup.
AI-GENERATEDBetMGM Forced to Adjust EBITDA Timeline Due to Prediction Market Growth
BetMGM has revised its target for $500m in adjusted EBITDA beyond 2027, citing competitive pressure from US prediction markets and regulatory hurdles.
AI-GENERATEDGaming Stocks Volatile: Big Earnings Week Ahead After Weak Q2 Start
The gaming sector faces a crucial week as top firms report earnings following a 1.36% drop in the Roundhill ETF during the season's start.