MGM Resorts International Stock Rises on Strong Q1 BetMGM Results [Yahoo! Finance]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Yahoo! Finance
The BetMGM joint venture with Entain plc reported a 34% year-over-year increase in total revenue. BetMGM affirmed its full-year revenue outlook of $2.4 billion to $2.5 billion. Shares of MGM Resorts International ( MGM ) gained Monday when the casino and hotel operator reported strong demand for its BetMGM sports betting and online gaming platform. The company said BetMGM, jointly owned with Isle of Man-based Entain plc, posted first-quarter revenue of $657 million, 34% higher than a year ago. It was driven by a 68% jump in Online Sports to $194 million and 27% rise to $443 million in iGaming. It added that BetMGM had positive Q1 EBITDA , and "underlying trends reaffirm confidence that FY 2025 will be EBITDA positive." BetMGM CEO Adam Greenblatt said that the year "is off to an encouraging start," building on momentum from the second half of 2024 even with "unfavorable sports outcomes during key moments in the quarter." BetMGM said that the performance so far in 2025 "provi
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MGM
News
- Las Vegas Strip casinos get sobering visitor news [Yahoo! Finance]Yahoo! Finance
- Vegas feels chill as Canadians cut back on travel [Yahoo! Finance Canada]Yahoo! Finance Canada
- MGM Resorts International (NYSE:MGM) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINAPR Newswire
- MGM Resorts International (NYSE:MGM) was given a new $38.00 price target on by analysts at Barclays PLC. They now have a "negative" rating on the stock.MarketBeat
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form SCHEDULE
- 12/3/25 - Form 4
- MGM's page on the SEC website