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MGM Resorts International (NYSE:MGM) Defends Itself In Investor Presentation

MGM Resorts International (NYSE:MGM) went on the defensive against an investor proposal to convert the company into a real estate trust that will be based on investments for boosting the firm’s value. The company through its shareholder representation announced its call for a vote that will most likely be held in May at the 28th […]

MGM Resorts International (NYSE:MGM) Seeks To Expand Property And Business Post Recession

Boston, MA 10/08/2014 (wallstreetpr) – MGM Resorts International (NYSE:MGM)‘s Senior Vice President of sales, Michael Dominguez, is geared up to play it his way as the tourism industry recovers from recession. International Expansion As demand levels surge back to prerecession figures and the convention and meetings industry shape back in form, MGM Resorts International (NYSE:MGM) […]

MGM Resorts International (NYSE:MGM) And AEG Announces Secure Financing For New Las Vegas Arena

Boston, MA 10/02/2014 (wallstreetpr) – According to reports, MGM Resorts International (NYSE:MGM) has announced today about the new secure financing option that it has come up with, in order to ensure smooth construction work for Las Vegas Arena. As per the information, MGM and AEG have finalized total $200 million bank facility for construction and development […]

Market Recap: MGM Resorts (MGM), Northstar Realty Finance (NRF) Merck & Co. (MRK)

Boston, MA 09/24/2014 (wallstreetpr) – MGM Resorts International (NYSE:MGM) managed to edge up above 1% on Tuesday even as analysts at Wells Fargo (WFC) eventually moved to downgrade Macau stocks. The firm downgraded Macau because of the almost ever-increasing negative news concerning casino business in the Chinese gambling capital. MGM Resorts and its peers in […]

MGM Resorts International (NYSE:MGM) Puts Nerves of New Jersey regulators To Rest

Boston, MA 09/23/2014 (wallstreetpr) – At the time of restoring gaming license of MGM Resorts International (NYSE:MGM) for the 50% stake in Borgata, David Rebuck, Gaming Enforcement Director for New Jersey Division had one doubt. He was not sure if MGM wanted to take back its entire $86 million from the trust account and leave […]

Massachusetts Revival Through Casinos Continues: MGM Resorts International (NYSE:MGM) First, Now Wynn Resorts, Limited (NASDAQ:WYNN)

Boston, MA 09/17/2014 (wallstreetpr) – Getting a license to operate casinos in the U.S. can be a daunting task. Recently, the Wynn Resorts, Limited (NASDAQ:WYNN) became the only casino company to get a license for casino operation in Boston. It defeated the rival, Mohegan Tribal Gaming Authority for this purpose. In 2011, the legislators in […]

In Macau, A Doubled-Edged Sword For MGM Resorts International (NYSE:MGM)

Boston, MA 08/05/2014 (wallstreetpr) – As MGM Resorts International (NYSE:MGM) reports its 2Q2014, Macau is on high alert in the sense that the revenue from the gambling hub will be an important metric to keep an eye on in the upcoming report. Multinational casino operators have had all the good reasons to do business in Macau, […]

MGM Resorts International (NYSE:MGM): A Great Relive From Long Battle

Boston, MA 06/17/2014 (wallstreetpr) – Massachusetts Gaming Commission (MGC) approved the license of MGM Resorts International (NYSE:MGM) to operate a resort casino in Springfield. The Commission’s decision came after extensive background investigations and hearings for last two years. The approval of MGM Springfield is the first to get a license in the Commonwealth. MGM Springfield […]

MGM Resorts International (NYSE:MGM) Ranked At #82 In The List Of Top 100 Greenest Companies

Boston, MA 06/10/2014 (wallstreetpr) – The Newsweek Magazine listed MGM Resorts International (NYSE:MGM) one among the 100 most environmentally responsible companies in the U.S. with this ranking, MGM became the third highest ranked hospitality-sector company. MGM Resorts were placed at the 82nd position, a jump from 122nd position in the year 2012. Words Of Acknowledgement […]

MGM Resorts International (NYSE:MGM) Appoints Thomas N. Auriemma As The Member Of Compliance Committee

Boston, MA 05/29/2014 (wallstreetpr) – MGM Resorts International (NYSE:MGM) is one of the world’s leader in global hospitality services. This leading company operates a range of destination resort brands comprising Mandalay Bay, The Mirage, MGM Grand and Bellagio. Thomas N. Auriemma on a new role: On May 28, 2014 MGM revealed the hiring of Thomas N. […]

MGM Resorts International (NYSE:MGM) Is all Set To Start National Harbor casino project in Maryland

Boston, MA 05/23/2014 (wallstreetpr) – The leading resort chain MGM Resorts International (NYSE:MGM) got the green signal to proceed with its much awaited National Harbor casino project in Maryland. The road was never easy for MGM. There were so many individuals, government bodies and firms who raised a question over the sustainability of the project. According […]

MGM Resorts International (NYSE:MGM): Delivered Positive Growth

Boston, MA 05/08/2014 (wallstreetpr) – MGM Resorts International (NYSE:MGM) initiated FY2014 with a solid start as it improved its net earnings to $0.21 per share with increasing revenue during first quarter 2014. Key highlights GM’s revenues were up by 12% to $2.6 billion due to increased revenue from casino (+13%) compared to prior year period. […]

In Two Consecutive Years, MGM Resorts International (NYSE:MGM) Features Among Top Ideal Employers

Boston, MA 04/25/2014 (wallstreetpr) –  If you ask business students about the company they would prefer to work for, they are likely to mention MGM Resorts International (NYSE:MGM) among the top 50 companies. And in the category of integrated casino resorts, the company might be the best choice for most of the U.S. business students, […]

MGM Resorts International (NYSE:MGM) – Showed Intense Care For Environment

Boston, MA 04/23/2014 (wallstreetpr)  –  The hospitality company MGM Resorts International (NYSE:MGM) is ready to set their target for non-gaming resorts and apartments, as the latest business strategy. However, the company on April 17, 2014 was globally recognized for the inventive concept of lighting. LEEP awarded for innovative idea of MGM: LEEP or Lighting Energy […]

MGM Resorts International (NYSE:MGM): Destination Japan, But More Projects Around

Boston, MA 04/10/2014 (wallstreetpr) –  MGM Resorts International (NYSE:MGM) is a $12 billion casino operator. The company owns casino and hospitality facilities in the U.S. and Macau, the only place in China where gambling is legal. Like many other international casino operators, the company is circling Japan for potentially huge investment opportunity. Its presence in […]