MGM Resorts International: Latest News, Deals, and Market Updates
AI-GENERATEDG2E Las Vegas: Casino Giants Warn Against Unregulated Prediction Markets
At the Global Gaming Expo, executives from MGM, Wynn, and Caesars criticized the rise of prediction markets like Kalshi, which generate billions without paying taxes.
AI-GENERATEDCasino Giants at a Crossroads: Caesars and MGM Discuss M&A Strategies
Top CEOs at the Global Gaming Expo in Las Vegas discuss the benefits of going private and the impact of quarterly reports. Fertitta offers $31 per share.
AI-GENERATEDMGM Resorts and German Supplier CountR GmbH Fined by Pennsylvania Regulators
The PGCB has issued fines exceeding $100,000 against MGM Resorts and CountR GmbH for licensing failures and unapproved changes of control.
AI-GENERATEDVegas M&A Shakeup: Caesars Deal Advances as MGM Takeover Collapses
While Caesars shareholders approved a massive $17.6 billion acquisition by Tilman Fertitta, Barry Diller’s IAC has abandoned its bid for MGM Resorts.
AI-GENERATEDMGM Resorts: People Officially Withdraws $18bn Acquisition Offer
Barry Diller’s People has decided not to move forward with the acquisition of MGM Resorts. The proposed deal had valued the company at 18 billion US dollars.
AI-GENERATEDBetMGM Expands GameSense Campaign to Detroit Stadiums with $320,000 Donation
BetMGM is bringing responsible gaming messages to Ford Field and Comerica Park while donating $320,000 to research during Education Month.
AI-GENERATEDDetroit Casino Licenses Renewed by Michigan Gaming Control Board
The MGCB has unanimously approved license renewals for Detroit's three land-based casinos, which generated $22.3 million in combined tax revenue in July.
AI-GENERATEDLeoVegas Group and Newcastle United Extend BetMGM Partnership
LeoVegas Group has secured a multi-year extension for BetMGM's partnership with Newcastle United, featuring exclusive fan activations at St. James' Park.
AI-GENERATEDCity of Springfield Sues MGM Over Breach of Host Community Agreement
Springfield is taking legal action against MGM Resorts, alleging the operator failed to meet its target of 3,000 jobs while rumors of a sale to Clairvest Group emerge.
AI-GENERATEDDraftKings Leads MarketBeat List of Most Active Gaming Stocks in August
MarketBeat identifies DraftKings, MGM, and PENN as top casino stocks by recent trading volume. Seven companies total were highlighted in the August 30 report.
AI-GENERATEDLas Vegas Market Shifts: Strip Room Rates Volatile in Q3 2026
Analyst Barry Jonas observes encouraging trends despite rate drops of up to 19 percent at Caesars and MGM, with a recovery expected in October.
AI-GENERATEDNevada Tightens Rules: Casinos Must Report Cyberattacks Within 24 Hours
Following major breaches at MGM and Caesars, Nevada introduces a 24-hour notification deadline for cybersecurity incidents.
AI-GENERATEDJapan's Casino Hopes Falter: 2027 Application Round Faces Major Hurdles
Japan confirmed the 2027 window for its second casino license round, but interest is waning. Only one 1.51 trillion JPY project in Osaka has been approved so far.
AI-GENERATEDBetMGM Reports $711 Million Revenue in Q2 2026 Driven by iGaming Growth
Despite a massive 97 percent slump in retail revenue, BetMGM's Q2 2026 revenue rose to $711 million, fueled by an 8 percent increase in the iGaming sector.
AI-GENERATEDAI Price-Fixing Allegations: US Court Revives Lawsuit Against Atlantic City Casinos
Major casino operators like MGM and Caesars must face claims they used AI software to inflate room rates. A federal court ruled that algorithms can facilitate illegal collusion.