MGM Grand is killing its 33-year-old buffet on May 31 — leaving just 7 on the Strip. Is the era of cheap Vegas over? [Yahoo! Finance]
MGM Resorts International (MGM)
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Source: Yahoo! Finance
It will leave only seven traditional buffets standing on the Strip, down from roughly 35 at the format's peak. (1) But the death of the all-you-can-eat buffet isn't really a story about food. It's a story about how Vegas makes money now — and the first hard evidence that the city's relentless price hikes have finally caught up with it. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion' Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's how to fix it ASAP The model that killed the buffet For decades, Vegas buffets ran on the Costco hot dog model: lose money on the meal, make it back on the floor. That worked when gambling drove the bulk of casino revenue. It doesn't anymore. According to UNLV's Center for Gaming Resear
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MGM
News
- MGM Resorts (MGM) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]Yahoo! Finance
- Las Vegas Strip food court operator files Chapter 11 bankruptcy [Yahoo! Finance]Yahoo! Finance
- Barry Diller's IAC to Cut Staff, Rebrand to People Incorporated [Yahoo! Finance]Yahoo! Finance
- MGM Resorts to Report Q1 Earnings: What's in Store for the Stock? [Yahoo! Finance]Yahoo! Finance
- MGM Resorts International (MGM) had its price target lowered by Mizuho from $62.00 to $59.00. They now have an "outperform" rating on the stock.MarketBeat
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 4/7/26 - Form DEFA14A
- 4/7/26 - Form SCHEDULE
- 4/7/26 - Form 8-K
- MGM's page on the SEC website