MGM Resorts International (New York Stock Exchange:MGM)

About the company

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

Sector

Consumer Services

Industry

Casinos and Gaming

Employees

70000

CEO

William Joseph Hornbuckle

Exchange

New York Stock Exchange

Website

http://www.mgmresorts.com

$12B

Total Revenue

70K

Employees

$8B

Market Capitalization

2.96

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$4802M

Operating Margin (in %)

Total operating margin

$3533M

Net Margin (in %)

Total net margin

$2822M

Dividend Yield (in %)

Dividend per share

$0.54

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
Las Vegas Sands Corp. LVS 35158.68 11875.00 7.78 16.63 17.81
MGM Resorts International MGM 8391.60 11976.00 0.98 2.96 23.56
Wynn Resorts Ltd. WYNN 7931.91 5913.00 6.44 -20.59 -6.49
Caesars Entertainment Corp. CZR 6899.98 8455.00 2.91 -5.31 -9.33
Caesars Entertainment Corp. CZR 6896.39 8455.00 2.91 -5.31 -9.33
Churchill Downs, Inc. CHDN 5120.80 1317.00 11.66 51.21 7.78
Penn National Gaming, Inc. PENN 3443.31 5134.00 3.19 -5.62 -11.80
Eldorado Resorts, Inc. ERI 3131.70 2365.00 4.21 -23.48 -5.62
Boyd Gaming Corp. BYD 2096.46 3179.00 1.84 -57.47 -1.11
Scientific Games Corp. SGMS 1607.40 3288.00 -0.66 -6.04 -8.06
Twin River Worldwide Holdings, Inc. TRWH 723.60 512.00 3.58 27.92 5.60
Everi Holdings, Inc. EVRI 490.36 523.00 11.50 -199.33 -0.54
Golden Entertainment, Inc. GDEN 235.76 941.00 0.91 -3.65 -6.82
Century Casinos, Inc. CNTY 106.14 260.00 1.03 -1.63 -25.39
Canterbury Park Holding Corp. CPHC 53.90 59.00 1.02 17.11 4.98
Nevada Gold & Casinos, Inc. UWN 43.18 73.00 1.23 63.50 1.01
Full House Resorts, Inc. FLL 36.45 156.00 0.71 -3.55 -5.50
Newgioco Group, Inc. NWGI 23.25 34.00 3.37 -3.23 -20.80

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

MGM Resorts' BetMGM-Denver Broncos Tie Up for Sports Betting

2d ago, source: YAHOO!

MGM Resorts International (MGM) and GVC Holdings' joint venture, Roar Digital's sports betting brand, BetMGM and The Denver ...

Why Shares of MGM Resorts Plunged 49.5% in the First Half of 2020

2d ago, source: Nasdaq

Shares of gambling industry giant MGM Resorts International (NYSE: MGM) fell 49.5% in the first half of 2020, according to ...

MGM Resorts & GVC Holdings Increase Investment in BetMGM

3d ago, source: YAHOO!

MGM Resorts International MGM continues to focus on strengthening sports betting platform to drive growth. Roar Digital, LLC ...

Investors Shouldn’t Gamble on MGM Stock

3d ago, source: Business Insider

Stock Market News, Stock Advice & Trading Tips With cases of Covid-19 rising across the U.S., and tourism likely the last ...

As MGM Springfield reopens, union expects some workers won't be called back

6d ago, source: The Business Journals

MGM Springfield — the nearly two-year-old, $960 million resort casino in Springfield’s South End — is calling back employees ...

Why Shares of Marriott International, MGM Resorts, and Eldorado Resorts Rose Today

12d ago, source: Nasdaq

Travel and tourism stocks rose on Monday even though the number of COVID-19 cases over the weekend rose, as investors bet on ...

MGM and the Denver Broncos Give NFL Fans an Official Sportsbook at the Stadium

2d ago, source: The Motley Fool

MGM Resorts International announced today that its BetMGM mobile betting app has reached a multiyear agreement with the NFL's ...



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