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The Latest Breaking News from MGM Resorts International

Cyberattacks strike casino giants Caesars and MGM

The disclosure by Caesars came after MGM Resorts International reported publicly that a cyberattack it detected led it to shut down computer systems at its properties across the U.S. to protect data.

WEKU

Las Vegas casinos target of cyberattack; Horseshoe Casino in Hammond affected

Caesars Entertainment has joined MGM Resorts International in reporting that it was hit by a cyberattack this week.

Chicago Sun-Times

Casino giant Caesars Entertainment reports cyberattack; MGM Resorts says some systems still down

Casino company Caesars Entertainment has joined Las Vegas gambling rival MGM Resorts International in reporting a recent cyberattack

The Independent UK

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FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across US

Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional information

The Independent UK

Cybersecurity 'issue' prompts computer shutdowns at MGM Resorts properties across US

Casino and hotel giant MGM Resorts International says a cybersecurity issue led to the shutdown of computer systems at its properties across the U.S. A statement Monday from the Las Vegas-based company said the incident began Sunday and the extent of its effect on reservation systems and casino floors was…

The Independent UK

Stocks Climb as Bond Yields Fall on Signs of Lower Price Pressures

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.06%. Stock indexes Monday settled mixed, with the Nasdaq 100...

Barchart

DraftKings (DKNG) vs. MGM Resorts International (MGM): Which Entertainment Stock Is a Buy or Sell?

Even though inflation is putting pressure on consumers’ discretionary spending, the entertainment industry is poised to remain resilient on the backs of robust demand. Given such industrial tailwinds, let’s compare entertainment stocks MGM Resorts (MGM) and DraftKings (DKNG) to discover which of these stocks is a better choice now. Read…

StockNews.com

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Want your hotel room cleaned every day? Hotel housekeepers hope you say yes

Daily room cleaning used to be standard in hotels. Now, the union UNITE HERE is fighting to bring that back, as hotels have cut back citing worker shortages and changing guest preferences.

WEKU

Markets Today: Stock Indexes Modestly Higher as JPMorgan Acquires First Republic

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.23%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.31%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.06%. U.S. stock indexes this morning are...

Barchart

Markets Today: Stock Index Futures Modestly Lower as JPMorgan Acquires First Republic

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.20%. U.S. stock index futures this morning are modestly lower. The markets are awaiting quarterly earnings results this week from Apple, Advanced Micro Devices, and Ford...

Barchart

The Only Reason This Stock Has a Buy Rating Is Its Momentum... Is It Worth Holding?

Leading entertainment company MGM Resorts (MGM) has been witnessing a significant surge in its stock price, with more than 30% gain year-to-date. However, will it be able to sustain this momentum? Let’s find out.

StockNews.com

Tribal owner of Hard Rock now running Mirage on Vegas Strip

A new operator, Hard Rock International, is now running the iconic Mirage resort on the Las Vegas Strip

The Independent UK

Wynn Resorts, Las Vegas Sands And Other Big Casino Stocks From Benzinga's Most Accurate Analysts

As the peak season for the third quarter gets underway, several casino companies have released their earnings reports and investors await reports from other major firms.

Benzinga

Davante Adams becomes brand ambassador for official gaming parter of the Raiders, MGM Resorts

Raiders WR Davante Adams inks new deal with MGM Resorts International

USA Today Sports Media Group

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Benzinga

MGM Resorts Q2 Earnings Highlights: Las Vegas Segment Booms, Business Travel Returns, Share Buyback Complete

Casino operator and sports betting company MGM Resorts International (NYSE: MGM) reported second-quarter financial results after the market close Wednesday. Here are the key highlights.

The Independent UK

Atlantic City's Joe Lupo to run Mirage casino for Hard Rock

Joe Lupo, who has helped two of Atlantic City’s most successful casinos thrive through years of market turbulence, will run the Mirage Hotel & Casino once Hard Rock buys the Las Vegas property from MGM Resorts International

Benzinga

Factors Likely To Influence Snap-on's (SNA) Q2 Earnings

Snap-on Incorporated (NYSE: SNA) is likely to register year-over-year growth in its the top and bottom lines when it reports second-quarter 2022 results on Jul 21.

Benzinga

Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

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Benzinga

Why MGM Resorts Stock Is Trading Higher Today

MGM Resorts International (NYSE: MGM) shares are trading higher Tuesday following bullish analyst coverage from JMP Securities.

Benzinga

BetMGM Becomes Sportsbook Partner Of Audacy's BetQL Network

BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy Inc's (NYSE:AUD) network of sports betting content. Sports betting and iGaming operator BetMGM was born out of a collaboration between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC:GMVHY). The partnership, BetQL Network presented by BetMGM, is an exclusive multi-year agreement that expands the current relationship…

Benzinga

Wheel Of Fortune Casino To Debut In New Jersey This Year: All You Need To Know

BetMGM has signed an agreement with Sony Group Corp's (NYSE:SONY) Sony Pictures Television and International Game Technology PLC (NYSE:IGT) to launch Wheel of Fortune Casino. Sports betting and iGaming operator BetMGM was born out of a partnership between MGM Resorts International (NYSE:MGM) and Entain Plc (OTC:GMVHY). The Wheel of Fortune Casino is set to become the first full brand-led online…

Benzinga

BetMGM, Carnival To Offer Sports Betting On Ships

MGM Resorts International (NYSE:MGM) owned sports betting and gaming entertainment company BetMGM has partnered with Carnival Corp (NYSE:CCL) to provide retail and mobile sports betting and iGaming to cruise ship guests. Under the partnership, gaming will be available on more than 50 ships ported in the U.S., spanning Carnival Cruise Line, Holland America Line,…

Benzinga

Executives Buy Over $15M Of 3 Stocks

Although the Dow Jones dropped around 875 points on Monday, there were a few notable insider trades.

Benzinga

MGM Resorts Sells Gold Strike Tunica Operations For $450M

MGM Resorts International (NYSE:MGM) has decided to sell the operations of Gold Strike Tunica to Cherokee Nation Entertainment Gaming Holdings LLC (CNE), a subsidiary of Cherokee Nation Businesses, for $450 million in cash. The company expects net cash proceeds after taxes and estimated fees to be about $350 million. For the twelve months…

StockNews.com

Think Inflation Has Peaked? Then Consider Buying These 5 Consumer Discretionary Stocks

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

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