Tag-Archiv: MGM Resorts

MGM Resorts generated net revenues of $3.9bn, an increase of 36 per cent for the quarter ended March 31, 2023, with its Las Vegas Strip resorts securing record 1Q Adjusted Property EBITDAR, up 41 per cent to mark the company’ s seventh consecutive quarterly record. The current quarter benefited from the inclusion of the operating results of…

MGM Resorts International hat bekannt gegeben, dass seine hundertprozentige Tochtergesellschaft LeoVegas eine Vereinbarung zur Übernahme der Mehrheit des Spieleentwicklers Push Gaming Holding Limited und seiner Tochtergesellschaften sowie des künftigen operativen Engagements des Gründungsmanagementteams abgeschlossen hat. Push Gaming ist ein branchenführender innovativer Entwickler hochunterhaltsamer digitaler Spiele für Wetten und Gaming …

Morgan Stanley geht davon aus, dass MGM China und Wynn die Führung übernehmen werden, damit die Casinos in Macau wieder Einnahmen aus dem Massenglücksspiel vor der Pandemie erzielen. MGM hat den zusätzlichen Vorteil, dass zu Beginn des Jahres 197 zusätzliche neue Spieltische in Betrieb genommen wurden, sodass sich die Gesamtzahl auf 750 Tische erhöhte, verglichen mit 553 vor der Pandemie.

MGM Resorts International and BetMGM, a leading sports betting and iGaming operator, have launched MGM Riches, the companies’ first custom slot experience that can be played both online via BetMGM and as a traditional slot game at MGM Resorts properties throughout the US. “MGM Riches is designed to engage and entertain our slot customers wherever they choose to…

Empire City Casino by MGM Resorts announced the addition of more than 1,000 new state-of-the-art games to its gaming floor, the sixth largest casino floor in the country and the largest in the MGM Resorts portfolio. The upgrade delivers a new experience for guests offering the most recently released titles in gaming, and replaces almost twenty…

MGM Resorts saw a 36 per cent improvement in revenues throughout 2022 with net revenues of $13.1bn with the group’s Las Vegas casinos reporting a 77 per cent increase in year-on-year revenue. Las Vegas saw revenues of $8.4bn in the current year compared to $4.7bnin the prior year, boosted by the inclusion of The Cosmopolitan of Las Vegas, which…

S&P Global Ratings believes that MGM Resorts’ cost for its integrated resort in Yumeshima, Osaka, Japan, which it is hoping to open in 2029, could be between US$2bn and US$2.5bn. The consortium fronted by MGM Resorts and ORIX, has previously said it will spend big in Osaka to guarantee its success in the race for…

MGM Resorts International has been recognized for leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on the organization’s annual A List. “This marketplace recognition by CDP is a reflection of our ongoing strategic prioritization of sustainability across our business operations and supply chain,”…

MGM Resorts generated record Las Vegas Strip Resorts revenue and Adjusted Property EBITDAR for the quarter ended September 30, 2022 with revenues of $3.4bn compared to $2.7bn in the prior year quarter, an increase of 26 per cent. Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International, said: “We’re proud to report the…