Latest MGM Resorts International News & Updates

See the latest news and media coverage for MGM Resorts. We track all announcements, press releases, and industry mentions in real time, all in one place.

MGM Resorts International (MGM Resorts)

Global gaming and entertainment company

mgmresorts.com

Headquarters: Las Vegas, United States
Founded year: 2000
Company type: Public company
Number of employees: 25,000+

Last updated Today

Latest news about MGM Resorts International (MGM Resorts)

In short: MGM Resorts received an $18 billion takeover bid from People Incorporated while reporting record Q1 revenue and expanding its global presence.

Company announcements

June 1 MGM Resorts

MGM Resorts receives acquisition proposal from People Incorporated

Board will review the offer of $48.30 per share in cash, no shareholder action needed.

April 29 MGM Resorts

MGM Resorts reports Q1 2026 financial results

Consolidated net revenues reach $4.5 billion, up 4% year-over-year. Las Vegas Strip and MGM China show growth. Sold MGM Northfield Park for $546 million.

April 21 MGM Resorts

MGM Resorts completes sale of MGM Northfield Park operations

The $546 million cash sale to Clairvest funds yields $420 million net proceeds after taxes. Rent reduces by $53 million annually.

April 16 MGM Resorts

Teddy Swims announces THE UGLY TOUR

The North American arena tour stops at T-Mobile Arena in Las Vegas on Nov. 14, 2026. Pre-sale begins April 21; general sale April 24.

Media coverage

June 16 Yahoo Finance

Barry Diller says MGM’s physical assets are more valuable in AI age

Chair of People Inc views $18bn takeover bid for casino group as hedge against magazine business

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