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News Summary:  

More than 100 wounded warriors and their guests to visit Las Vegas over Veterans Day weekend

LAS VEGAS, Nov. 4, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will host the United Service Organizations (USO) Experience: Salute to the Troops, honoring more than 100 active-duty service members who have been injured in the line of duty beginning Friday, November 8. Now in its 14th year, the five-day celebration will take place at Mandalay Bay Resort & Casino.

New Experiences Revealed for Once-in-a-Lifetime Race Weekend Across Iconic Center-Strip Resorts

Click here for the full lineup, more information and to book reservations;Follow @MGMResortsIntl for updates

LAS VEGAS, Nov. 1, 2024 /PRNewswire/ -- Push! Push! MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations and events across The Strip designed to entertain fans leading up to and during race weekend.

Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth

All Surpassed 2019 Levels

HONG KONG, Oct. 31, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period").

The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023. For the nine months ended September 30, Macau saw average daily visitor arrival reach 94,602, up by 30% from last year, recovered to 86% of pre-COVID 2019 levels.

Visitation Revenue Adjusted EBITDA Posted Year-on-Year Growth

All Surpassed 2019 Levels

HONG KONG, Oct. 30, 2024 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three and nine months ended September 30, 2024 (the "Period").

The Group is pleased to see the momentum in Macau continued this year following a solid recovery in 2023. For the nine months ended September 30, Macau saw average daily visitor arrival reach 94,602, up by 30% from last year, recovered to 86% of pre-COVID 2019 levels.

W Las Vegas marks the latest step in the long-term strategic licensing agreement between MGM Resorts International and Marriott International

LAS VEGAS, Oct. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and Marriott International, Inc. (Nasdaq: MAR) announced plans to convert an iconic property on the Las Vegas Strip to the W Hotels brand within the Marriott Bonvoy® portfolio, continuing the brand's storied evolution. Anticipated to complete its conversion later this year, W Las Vegas marks the latest step in the companies' long-term strategic licensing agreement announced in July 2023.

LAS VEGAS, Oct. 2, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, October 30, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at  http://investors.mgmresorts.com.   

LAS VEGAS, Sept. 20, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will participate in the Deutsche Bank 32nd Annual Leveraged Finance Conference on Tuesday, September 24, 2024. MGM Resorts CFO and Treasurer Jonathan Halkyard will speak at a session scheduled to begin at 8:00 a.m. PT. A live webcast of the session will be available under the Events & Presentation section of the MGM Investor Relations website at http://investors.mgmresorts.com 

The renowned entrepreneur's cult-favorite vegan burger chain joins Q1227, Sienna Wings, Taco Mell, NYAM, and Vyoone's with limited-edition menu items exclusively at Mandalay Bay Resort and Casino and Luxor Hotel & Casino

PURCHASE, N.Y., Sept. 19, 2024 /PRNewswire/ -- PEPSI® Dig In, a platform designed to drive access, business growth and awareness for underserved restaurants, is bringing six all new dishes with four new crafted cocktails to Las Vegas for its third annual Restaurant Royalty Residency. Starting September 21, MGM Resorts International's Fan District at Mandalay Bay Resort and Casino and Luxor Hotel & Casino will be the only place to experience the limited-edition menu items, showcasing concepts from some of the best restaurants from across the country.

Hospitality industry leader will more than double solar electricity access 

LAS VEGAS, Sept. 12, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") is making a bold leap toward its ambitious sustainability goals, signing a power purchase agreement with Escape Solar LLC that will more than double its access to clean solar electricity—an extraordinary stride toward a greener future. The agreement will help propel the Company closer to its goal of procuring 100% renewable electricity in North America by 2030. Already a global leader in sustainability with the world's largest direct connect solar array in the hospitality industry, MGM Resorts currently uses solar power for 90% of the total daytime needs at 11 of its iconic Las Vegas Strip properties. This visionary 25-year compact will amplify the Company's renewable energy capabilities and extend production to cover 100% of those properties' total daytime needs. In addition, Escape Solar +'s battery storage will enable the extension of renewable power provided into the late afternoon and early evening hours to include uses such as exterior property lighting.

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it has priced a public offering of $850,000,000 in aggregate principal amount of 6.125% senior notes due 2029 at par. The offering of notes was upsized from the originally announced aggregate principal amount of $675,000,000. The transaction is expected to close on September 17, 2024, subject to customary closing conditions.

The Company intends to use the net proceeds from the offering of the notes to (i) repay indebtedness, including its outstanding 5.750% senior notes due 2025, and (ii) pay transaction-related fees and expenses, with the remainder for general corporate purposes. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE: MGM) today announced that it proposes to offer $675,000,000 in aggregate principal amount of senior notes due 2029.

The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 5.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.

For the First Time in its 25-Year History, Iconic Las Vegas Attraction Welcomes a Guest to Create New Show as Part of Once-In-A-Lifetime Marriott Bonvoy Moments® Inspired by MGM Collection

LAS VEGAS, Aug. 27, 2024 /PRNewswire/ -- It's a beautiful day at Bellagio, operated by MGM Resorts International and part of the Luxury Collection by Marriott Bonvoy. The Fountains of Bellagio celebrated a milestone with the debut of its 40th show, set to "Beautiful Day" by U2 and choreographed by Marriott Bonvoy Elite member, Scott Krupa. Hailing from Atlanta, Georgia, Krupa had been waiting for the perfect Marriott Bonvoy Moment to tap into his points to make his bid – and now he is part of the Fountains' history.

LAS VEGAS, Aug. 21, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today appointed Keith Barr, former CEO of IHG Hotels & Resorts (IHG), to the Company's Board of Directors. Barr becomes the 12th member of the board.

Barr is a globally recognized leader in the hospitality industry, with more than 30 years of experience. He served as the CEO of IHG Hotels & Resorts between 2017 and 2023 and as IHG's Chief Commercial Officer between 2013 and 2017. In that time, Barr successfully drove innovation and internal changes that increased revenues, improved operational efficiency and built a more customer-centric culture at IHG. "Keith's tremendous career is a testament to his leadership skills and eye for innovation," said Paul Salem, Chair of the MGM Resorts Board of Directors. "His experience in hotel operations, technology, sales and marketing will be an incredible asset as he offers valuable guidance to MGM Resorts."

LAS VEGAS, Aug. 20, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named a Pinnacle Inclusion Index Company in the 2024 Seramount Inclusion Index. Renowned as the preeminent organizational thought leaders to share best practices and develop innovative solutions for cultural change, Seramount's recognition underscores MGM Resorts' commitment to fostering an equitable and inclusive workplace across its operations.

Strategic alliance pairs MGM Resorts' gaming expertise with Grupo Globo's superior reach and consumer knowledge in the Brazilian market

LAS VEGAS, Aug. 15, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") and Grupo Globo, Latin America's largest media group, today announced the formation of a new venture to seek a sports betting and iGaming license in Brazil. If its license is approved later this year, the new venture will launch in Brazil in early 2025 under the BetMGM brand, bringing a responsible, best-in-class betting platform to one of the newest and fastest-growing regulated markets in the world.

Partnership builds on MGM Resorts' & Empire City Casino's commitment to New York & Major League Baseball

LAS VEGAS, July 10, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today a new partnership designating MGM Resorts as a "Proud Partner of the New York Yankees."

The two organizations will collaborate to deliver exclusive VIP experiences to MGM Rewards members and baseball fans, including the opportunity to watch batting practice from the warning track and throw out a ceremonial first pitch at Yankee Stadium. MGM Resorts will also have brand placement at Yankee Stadium on LED signage, first and third base rotational signage, and its logo appearing on the back of the pitcher's mound during live local television broadcasts of select games.

LAS VEGAS, June 26, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") will release its financial results for the second quarter 2024 after the market closes on Wednesday, July 31, 2024. MGM Resorts will host a conference call that day at 5:00 p.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at  http://investors.mgmresorts.com.   

LAS VEGAS, June 24, 2024 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced that its subsidiary, LeoVegas Group ("LeoVegas"), has entered into an agreement to acquire the product and technology platform constituting the U.S sportsbook and online casino from Tipico Group Ltd ("Tipico").

This acquisition is the second major investment by LeoVegas, following the acquisition of game developer Push Gaming in 2023. The acquisition will allow LeoVegas to operate a purpose-built proprietary sportsbook across all international markets and brands, with the exception of those exclusive to the BetMGM JV, with a focus on a clean, fast consumer experience with top-class product, pricing and functionality.