MGM MGM Resorts International
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MGM Resorts International News
MGM China (02282) spent HK$22.615,500 to buy back 1.5 million shares on May 16
MGM China (02282) announced that on May 16, 2024, the company spent 2261.55...
Goldman Sachs published a research report indicating that Bank Entertainment's first-quarter results were in line with expectations. EBITDA remained flat on a quarterly basis, and the increase in new facilities in the third phase did not greatly benefit g
Goldman Sachs published a research report indicating that Bank Entertainment's first-quarter results were in line with expectations. EBITDA remained flat on a quarterly basis, and the increase in new facilities in the third phase did not greatly benefit gross margins because the market recovery was still dominated by high-end midfielders. Furthermore, the Group is facing more intense competition from other operators such as MGM China, and these operators have increased promotional activities and reinvestment rates. GEG's overall EBITDA of 2.84 billion yuan was not significant compared to the third and fourth quarters of last year, respectively. The report quoted GEG management as saying that the Group's gambling market share bottomed out from January to February and then improved on a monthly basis. The Group believes this strong momentum will continue until the May Labor Day holiday
Michael Burry's Scion Dumps Alphabet and Amazon, Buys Shares of Gold ETF
By Joseph Adinolfi Michael Burry's Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in
MGM China (02282.HK) spent HK$22.97 million to buy back 1.5 million shares on May 14
Glonghui, May 14, 丨 MGM China (02282.HK) announced that it spent HK$22.97 million to buy back 1.5 million shares on May 14.
MGM China (02282.HK) cancelled 1.55 million shares on May 13
Glonghui, May 13, 丨 MGM China (02282.HK) announced that on May 13, 2024, the company cancelled 1.55 million repurchased shares.
Bank Ratings | J.P. Morgan Chase: Raising MGM China's target price to HK$18.5, ranked as one of the top choices for Hao Gamble
Glonghui, May 11 | J.P. Morgan Chase released a research report saying that it gave MGM China an “increase” rating and raised the target price from HK$18 to HK$18.5. This valuation is based on a comprehensive approach, which predicts 12 to 13 times the value of the company this year's EBITDA, and is ranked as one of the top choices for Hao Gaming stocks. Following the announcement of first-quarter results, it raised its 2024-25 EBITDA forecast by 5% to reflect better-than-expected operating expenses control for the first quarter. The bank believes that, driven by changes in senior leadership, use of technology, and additional gambling tables, its share growth will be more sustainable than expected by the market, at least
Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks
Goldman Sachs analyst Ben Andrews is out with a new report on the state of the sports betting sector.
MGM China (02282.HK) spent HK$21.93 million to buy back 1.5 million shares on May 10
Glonghui, May 10, 丨 MGM China (02282.HK) announced that it spent HK$21.93 million to buy back 1.5 million shares on May 10.
DIS, T, MGM: 3 Stocks With Potential to Outplay the Market
Express News | Yesterday, 31 Hong Kong stocks were repurchased by the company. Hang Seng Bank, MGM China, and AIA had the largest repurchase amounts
MGM China (02282.HK) spent HK$22.11 million to buy back 1.5 million shares on May 9
Glonghui, May 9, 丨 MGM China (02282.HK) announced that it spent HK$22.11 million to buy back 1.5 million shares on May 9.
Morgan Stanley Adjusts Price Target on MGM Resorts International to $47 From $46
07:48 AM EDT, 05/09/2024 (MT Newswires) -- Morgan Stanley Adjusts Price Target on MGM Resorts International to $47 From $46 Price: 40.12, Change: +0.08, Percent Change: +0.20
Market Chatter: Visa, PNC, Synchrony Among Companies Targeted in Cyberattack Campaign
Visa (V), PNC Financial Services Group (PNC), and Synchrony Financial (SYF) are among the 29 companies hacking group Scattered Spider has targeted since April 20, Bloomberg reported Wednesday, citing
MGM China (02282.HK) issues 1.4953 million shares due to exercise of share options
MGM China (02282.HK) announced that on May 8, 2024, the company will issue a total of 1.4953 million shares in connection with the exercise of share options granted by eligible persons under the company's share option plan.
MGM China (02282) issues 1.4953 million shares due to exercise of share options
MGM China (02282) issued an announcement. On May 8, 2024, the company relied on compliance by eligible persons...
MGM China (02282.HK) spent approximately HK$19.204 million to buy back 1.3 million shares on May 8
MGM China (02282.HK) announced that on May 8, 2024, the company spent approximately HK$19.204 million to repurchase 1.3 million shares at a repurchase price of HK$14.64-HK$14.84 per share.
MGM Resorts International's (NYSE:MGM) Problems Go Beyond Weak Profit
MGM Resorts International's (NYSE:MGM) recent weak earnings report didn't cause a big stock movement. We think that investors are worried about some weaknesses underlying the earnings. NYSE:MGM Ea
The China Galaxy Securities Research Report said that overall, travel consumption during the May 1st holiday overcome a high base and remained stable due to weather factors, and during the peak summer season, the growth rate is expected to improve month-o
The China Galaxy Securities Research Report said that overall, travel consumption during the May 1st holiday overcome a high base and remained stable due to weather factors, and during the peak summer season, the growth rate is expected to improve month-on-month if weather factors improve. The current proposal focuses on two main lines of investment: (1) continue to recommend Tianmu Lake and Sante Ropeway, recommend focusing on MGM China and Sands China Co., Ltd.; 2) Outbound travel is growing relatively faster. It is recommended to focus on Ctrip and Tongcheng Travel, leading OTA platforms.
IAC Posts Mixed Results as Dotdash Meredith Sees Growth -- Barrons.com
By Eric J. Savitz IAC posted mixed financial results for the March quarter, highlighted by the first quarter of revenue growth at its Dotdash Meredith publishing unit since the company acquired the M
MGM China (02282) spent approximately HK$147.371 million to buy back 1 million shares on May 7
MGM China (02282) announced that it will spend approximately HK$147.371 million to return it on May 7, 2024...
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