Track market-moving stories before they get noisy

Posted by Defense World Staff on Jul 24th, 2026

California Public Employees Retirement System grew its stake in shares of MGM Resorts International (NYSE:MGM – Free Report) by 6.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 424,481 shares of the company’s stock after purchasing an additional 25,266 shares during the quarter. California Public Employees Retirement System owned about 0.17% of MGM Resorts International worth $15,710,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. CYBER HORNET ETFs LLC acquired a new position in MGM Resorts International during the second quarter worth $25,000. Global Retirement Partners LLC lifted its stake in MGM Resorts International by 55.9% in the fourth quarter. Global Retirement Partners LLC now owns 784 shares of the company’s stock valued at $29,000 after acquiring an additional 281 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of MGM Resorts International in the 1st quarter valued at about $30,000. Elyxium Wealth LLC acquired a new position in shares of MGM Resorts International during the 4th quarter worth about $42,000. Finally, City Holding Co. bought a new stake in shares of MGM Resorts International in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 68.11% of the company’s stock.

MGM Resorts International Stock Performance Shares of MGM Resorts International stock opened at $44.98 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 1.93. MGM Resorts International has a 1-year low of $29.18 and a 1-year high of $51.59. The company has a market cap of $11.51 billion, a PE ratio of 62.47 and a beta of 1.29. The company has a 50 day moving average of $45.44 and a 200-day moving average of $39.57.

MGM Resorts International (NYSE:MGM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.07). The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.37 billion. MGM Resorts International had a net margin of 1.03% and a return on equity of 24.43%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 earnings per share. As a group, equities research analysts forecast that MGM Resorts International will post 1.97 earnings per share for the current fiscal year.

Insider Transactions at MGM Resorts International In related news, Director Daniel J. Taylor sold 6,675 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $38.44, for a total transaction of $256,587.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.38% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades MGM has been the subject of a number of research analyst reports. Jefferies Financial Group reiterated a “hold” rating on shares of MGM Resorts International in a report on Thursday, July 2nd. Truist Financial upgraded MGM Resorts International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $42.00 to $55.00 in a research note on Wednesday, May 27th. KeyCorp upgraded MGM Resorts International from a “sector weight” rating to an “overweight” rating and set a $117.00 price target on the stock in a research note on Monday, April 27th. Barclays lifted their price objective on shares of MGM Resorts International from $39.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $49.00 price objective (up from $48.00) on shares of MGM Resorts International in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, MGM Resorts International currently has a consensus rating of “Hold” and an average target price of $52.31.

Read Our Latest Report on MGM

MGM Resorts International Company Profile (Free Report)

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.

See Also Five stocks we like better than MGM Resorts International Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding MGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MGM Resorts International (NYSE:MGM – Free Report).

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NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.   Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”  

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.   Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”  

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

BFA Law is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International; current shareholders are notified to contact the firm.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller's bid to buy MGM Resorts International (NYSE:MGM).  MGM is incorporated in Delaware.

Barry Diller is a member of MGM's board of directors.  People, Inc. ("People," f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM's largest single stockholder.  On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller's offer to acquire the remaining stock of MGM for $48.30 per share Action: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders.  People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.  Because Diller "stands on both sides" of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law.  If MGM and Diller reach an agreement, they must comply with Delaware's strict requirements for "cleansing" these conflicts and ensuring the deal is fair to MGM's stockholders. 

In a news release on June 1, MGM stated that the board of directors "will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders." 

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space."  One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

MGM Resorts stock is trading well below record highs and Barry Diller is in discussions to purchase the rest of the casino operator.

NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.   Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”  

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

BFA Law is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International; current shareholders are notified to contact the firm.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller's bid to buy MGM Resorts International (NYSE:MGM).  MGM is incorporated in Delaware.

Barry Diller is a member of MGM's board of directors.  People, Inc. ("People," f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM's largest single stockholder.  On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller's offer to acquire the remaining stock of MGM for $48.30 per share Action: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders.  People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.  Because Diller "stands on both sides" of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law.  If MGM and Diller reach an agreement, they must comply with Delaware's strict requirements for "cleansing" these conflicts and ensuring the deal is fair to MGM's stockholders. 

In a news release on June 1, MGM stated that the board of directors "will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders." 

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space."  One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

NEW YORK, July 03, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.

Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.   Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.

In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”  

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/mgm-resorts-investigation

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

Investors deciding between MGM Resorts International (MGM 2.99%) and Royal Caribbean Cruises (RCL 1.02%) are choosing between two distinct ways to play the ongoing global trend in consumer travel and entertainment spending.

MGM focuses on land-based luxury resorts and a growing digital betting presence, whereas Royal Caribbean dominates the high seas with its extensive fleet. This comparison looks at which business model offers more value for your investment dollar today.

MGM Resorts International operates a global portfolio of 31 hotel and gaming destinations. The company reaches customers through strategic ventures like BetMGM, which focuses on online sports betting and iGaming. It also maintains an exclusive partnership with Major League Baseball and manages luxury destinations in Macau, though long-time executive Pansy Ho recently liquidated her personal equity stake.

In FY 2025, revenue reached nearly $17.5 billion, representing a growth rate of approximately 1.7% over the previous year. The company reported net income of roughly $206.2 million for the same period. This resulted in a net margin of about 1.2%, which reflects the percentage of revenue the company kept as profit after all its operating and financial costs were met.

As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 11.9x, which measures the company's total debt relative to the value of its shareholder equity. The current ratio, indicating the ability to pay short-term debts with short-term assets, is approximately 1.2x. Free cash flow, or cash from operations minus capital spending, was nearly $1.7 billion for the fiscal year.

The case for Royal Caribbean CruisesRoyal Caribbean Cruises operates a global vacation company with a fleet of 69 ships sailing to more than 1,000 destinations. The company relies on a network of travel advisors and joint ventures like TUI Cruises to reach passengers in the travel and tourism stocks category. It also partners with infrastructure investors to develop and own strategic cruise terminals in major Mediterranean ports.

During FY 2025, revenue rose to approximately $17.9 billion, which is a growth of nearly 8.8% compared to the prior year. The company generated net income of about $4.3 billion during this timeframe. This performance led to a net margin of roughly 23.8%, suggesting that the company is retaining a significant portion of its sales as profit.

Based on the December 2025 balance sheet, the debt-to-equity ratio is roughly 2.3x. This ratio shows the relationship between borrowed funds and the money provided by shareholders. The current ratio is approximately 0.2x, while free cash flow for the year was $1.2 billion, providing capital for fleet modernization and capacity growth.

Risk profile comparisonMGM Resorts International faces risks from significant debt levels and lease obligations that limit its capital allocation flexibility. The business also deals with intense competition from new land-based resorts and expanding iGaming platforms. Furthermore, the potential acquisition by People Incorporated introduces uncertainty regarding future governance, while persistent cybersecurity threats remain a material concern for its digital and physical operations.

Royal Caribbean Cruises depends on a limited number of global shipyards, making fleet expansion vulnerable to labor shortages or supply chain failures. The company must also navigate evolving environmental regulations regarding carbon emissions, which may increase compliance costs. Like its competitor Carnival, the business is highly sensitive to geopolitical tensions and fluctuations in the global economy that can impact vacation demand.

Valuation comparisonRoyal Caribbean Cruises currently appears cheaper based on its Forward P/E, which compares the stock price to future earnings estimates, while MGM Resorts International offers a lower P/S ratio relative to its total sales.

MetricMGM Resorts InternationalRoyal Caribbean CruisesSector BenchmarkForward P/E28.9x18.3x28.6xP/S ratio0.7x4.8xn/aSector benchmark uses the SPDR XLY sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Which stock would I buy in 2026?I'd go with Royal Caribbean. MGM Resorts has a diversified business spanning Las Vegas, regional casinos, and the BetMGM digital betting venture, and that diversification has its merits. But Las Vegas has been struggling lately, with occupancy and spending softening, and BetMGM just trimmed its own revenue outlook for the year. The growth story is mixed right now, even with bright spots in regional operations and Macao.

Royal Caribbean is firing on a different level entirely. The company just delivered a quarter that beat its own guidance, and management already has roughly two-thirds of this year's capacity booked at record prices. I like that kind of visibility into future demand; it’s rare and valuable. Earnings are projected to grow at a double-digit pace again in 2026, and the company keeps returning cash to shareholders through buybacks and dividends.

Royal Caribbean isn't cheap, and cruise demand can soften quickly if the economy turns. But right now, it's the clearer growth story with the stronger hand of cards.

NEW YORK--(BUSINESS WIRE)---- $MGM #Acquisition--BFA Law Announces it is Investigating Barry Diller's bid to buy MGM Resorts International (MGM) for $48.30 per share.

EDMONTON, Alberta, June 26, 2026 (GLOBE NEWSWIRE) -- BetMGM, a leading sports betting and iGaming operator, announced the opening of pre-registration for its online sportsbook and online casino in Alberta. Pending regulatory approval, BetMGM will officially launch on July 13, marking the company’s first international expansion since entering Ontario in 2022.

“Alberta players can enjoy legendary experiences as well as the same product strength, responsible gambling leadership, and MGM-powered rewards that fueled BetMGM’s growth in Ontario,” said Adam Greenblatt, Chief Executive Officer, BetMGM. “Alberta represents a significant opportunity to drive meaningful impact as we build on our momentum across North America.”

To celebrate its Alberta launch, BetMGM will be sponsoring a sweepstakes offering Albertans a chance to win an ultimate NHL prize – two regular season tickets to the NHL team of their choice for the 2026-2027 NHL season. The contest is free to enter with no purchase or sign-up necessary. Full details, including rules and entry instructions, are available at seatsfortheseason.com. Must be 18+ and physically located in Alberta. The NHL and its affiliated entities are not sponsors of this contest. Terms and conditions apply.

Live and Legendary in Alberta
BetMGM makes unforgettable moments of sports and gaming even more personal, powerful, and fun through unmatched digital technology and evocative player experiences. Highlights include:

Play. Earn. Redeem: Unlock Vegas with BetMGM Rewards. Digital play, real-world rewards across the MGM and BetMGM ecosystem.Award-Winning Online Casino: Over 4,000 titles at launch, including exclusive slot games, jackpot slots, table games, live dealer experiences, and arcade-style content. Live‑streamed play from the Playtech studio at MGM Grand Las Vegas is coming soon and BetMGM’s progressive jackpot will be extended to include Alberta.Premium Mobile Sportsbook Experience: BetMGM’s mobile app delivers a fast, intuitive and rewarding experience with a streamlined interface and quick navigation. Alberta players can access popular betting markets, live wagering options, and team and player research all in one place.Responsible Gambling to Ensure Betting Remains Safe, Fun and Sustainable: BetMGM exceeds Alberta’s mandatory responsible gambling requirements, including accreditation under the Responsible Gambling Council’s RG Check program, which is required for all operators in the province’s regulated market. From market launch, BetMGM will offer a comprehensive suite of responsible gambling tools such as deposit limits, session reminders, and cooling off periods and will integrate with Alberta’s centralized self-exclusion system, allowing players to self-exclude across all licensed gaming platforms.BetMGM and Corus Entertainment: BetMGM has partnered with Corus Entertainment to leverage Corus’ strong local presence. Corus will connect BetMGM with Albertan audiences through its extensive owned media ecosystem, including radio, podcasts, and streaming platforms, positioning the brand as a key player in entertainment. Informed by Corus Consumer Insights, the strategy focuses on high-impact, culturally relevant activations such as co-branded contests and exclusive Las Vegas experiences. The partnership also includes broad media integrations – from radio station sponsorships and CFL broadcasts to Connected TV placements- ensuring sustained visibility and engagement across the market.Christopher Mercer, Senior Vice President, Media Sales and Solutions, Corus Entertainment, said, “This partnership with BetMGM highlights the strength of Corus Entertainment’s trusted brands and deep audience connections across our local markets. By combining the broad reach of our radio stations, digital properties, streaming platforms and podcast network, we’re creating new ways for brands to engage consumers through relevant content, premium experiences and innovative advertising solutions, bringing BetMGM closer to audiences in authentic and impactful ways.”

How to Preregister for BetMGM Alberta

Starting today, residents of Alberta age 18+ can create a BetMGM account by visiting BetMGM.ca.Preregistered players can deposit funds and place bets when the market launches on July 13.At launch, pre-registered members will be among the first to access BetMGM’s full suite of sports betting, online casino, and live dealer casino games.
For more information on BetMGM, follow @BetMGM on X.

See BetMGM.com for Terms. 18+ only. Bet Responsibly. AB only. Subject to eligibility requirements. If gambling is affecting your mental health or well-being, 211 Alberta is here to help. Call or text 211 or visit ab.211.ca.

About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit  https://casino.betmgm.ca/en/blog/ or https://sports.betmgm.ca/en/blog.

MEDIA CONTACTS
BetMGM
Jennifer Arapoff
[email protected]

, /PRNewswire/ -- MGM Resorts International (NYSE: MGM) and BetMGM today announced the renewal of their partnerships with Major League Baseball (MLB). This extends a historic relationship that began in 2018 with MGM Resorts and BetMGM becoming MLB's first Official Gaming and Sports Betting Partners.

Under the multi–year agreements, MGM Resorts also continues as MLB's exclusive Integrated Resort & Casino Partner, delivering world-class experiences to fans across the company's destinations. This includes the continued development and growth of MLB Awards Week in Las Vegas and other MLB events geared to marketing and promoting baseball stars.

"As Major League Baseball continues to evolve, we're pleased to extend a partnership that aligns with our long–term vision for global sports and entertainment," said Lance Evans, Senior Vice President of Sports & Sponsorships, MGM Resorts International. "From Las Vegas and throughout the world, we're focused on providing premium experiences that connect sports with hospitality."

BetMGM will continue to market its brand and sports wagering offerings across MLB platforms, including MLB Network, MLB.com and the league's digital portfolio, reaching fans in the U.S. and Canada. BetMGM will also maintain sponsorship integration across MLB content on Apple TV and continue to offer and develop co–branded MLB–themed casino games on BetMGM Casino, its award–winning digital gaming platform.

Matt Prevost, Chief Revenue Officer, BetMGM, said, "Major League Baseball offers one of the most engaging, data–rich experiences in sports, and this renewal underscores our shared commitment to innovation, integrity, and responsibility. Together, we're enhancing how fans experience the game, from defining moments on the field to legendary experiences at marquee events like MLB All–Star Week."

As MGM Resorts and BetMGM continue to expand into new markets and introduce new features, responsible gaming remains a key focus. The companies are proud to provide resources to help guests and customers play responsibly including GameSense, an industry-leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the integration within BetMGM's mobile and desktop platforms, customers can receive the same GameSense experience they have grown to rely on at MGM Resorts properties nationwide. This complements BetMGM's existing responsible gambling tools which serve to provide customers with an entertaining and safe digital experience. BetMGM also enforces a comprehensive anti–athlete harassment policy to support sportsmanship and protect the integrity of the game.

Uzma Rawn Dowler, MLB Chief Marketing Officer & Senior Vice President, Global Corporate Partnerships, said, "MGM Resorts and BetMGM have been great partners to Baseball for nearly a decade. We're excited to continue our relationship and together help create more unique experiences for our fans."

Additionally, MGM Resorts and BetMGM maintain partnerships and relationships with a variety of MLB teams including the Boston Red Sox, Cincinnati Reds, Detroit Tigers, Houston Astros, Los Angeles Dodgers, New York Yankees, Philadelphia Phillies, Pittsburgh Pirates, and Washington Nationals.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary LeoVegas AB offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®.

About BetMGM
BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://www.betmgm.com/.

About Major League Baseball
Major League Baseball (MLB) is the most historic professional sports league in the United States and consists of 30 member clubs in the U.S. and Canada, representing the highest level of professional baseball. Led by Commissioner Robert D. Manfred, Jr., MLB has achieved three straight years of total attendance gains for the first time in 18 years and remains the best-attended sports league in the world. Since 2023, historic rule changes have improved the quality of play on the field, emphasizing speed and athleticism at a better pace. In 2025, MLB had its third straight season clocking in with an average game time of 2:40 or below for the first time in 40 years. Viewership of MLB games nationally, locally, on MLB.TV and in Canada and Japan all increased over last year, with most platforms achieving double-digit percentage increases. Game Seven of the thrilling 2025 World Series presented by Capital One averaged 51.0 million viewers combined across the United States, Canada, and Japan, making the 11-inning contest the most-watched MLB game in 34 years, dating back to Game Seven of the 1991 World Series. MLB.TV set another consumption record this season with 19.4 billion minutes watched, an increase of +34% over last year. The MLB App registered its most-trafficked season ever with daily traffic increasing by +18% over 2024. As the league expanded its marketing efforts and promotion of star players like reigning Most Valuable Players Shohei Ohtani and Aaron Judge, MLB has significantly increased its younger fan base as evidenced through viewership, social media, ticket purchasing, and participation metrics. Through its MLB Together social responsibility efforts, MLB remains committed to making a positive impact in the communities of the U.S., Canada and throughout the world. With the continued success of MLB Network, MLB digital platforms, international events, and local media production and distribution, MLB continues to find innovative ways for its fans to enjoy America's National Pastime and a truly global game. To learn more about MLB, please visit mlb.com.

About British Columbia Lottery Corporation
BCLC is a social purpose company based in British Columbia, Canada that is committed to delivering win-wins for the greater good while providing lottery, casino and sports gambling entertainment in a way that serves the best interests of its players, the province and society. Last year, BCLC generated more than $1.3 billion in net income to benefit provincial and community programs, including healthcare, education and charities across British Columbia, Canada.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts and BetMGM have based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM Resorts and BetMGM's expectations regarding the partnership with Major League Baseball. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the risk that the sweepstakes or related prizes are not available in the manner described herein, risks related to the effects of economic conditions and market conditions in the markets in which MGM Resorts and BetMGM operate and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, neither MGM Resorts nor BetMGM is undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts or BetMGM update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements

Media Contacts
Marc Jacobson
MGM Resorts
[email protected]

Jennifer Arapoff
BetMGM
[email protected]

David Hochman
MLB
[email protected]

SOURCE MGM Resorts International

People Inc. offers $48.30 per share for the MGM stake it does not already own. Summary

MGM shares jumped 13% after the cash proposal.

Barry Diller is making another big move, and this time the target is MGM Resorts International MGM . People Inc., his renamed business empire, has proposed buying the 73.9% of MGM it does not already own for $48.30 per share in cash, a deal that would value the casino and entertainment operator at $18.8 billion, including debt.

The offer lands at a 10.6% premium to MGM's Friday closing price and more than 30% above its volume-weighted average price over the past 90 days. Investors moved fast on the news, sending MGM shares up 13% Monday morning in New York to $49.18, pushing the shares to a roughly 35% gain this year, compared with an 11% rise in the S&P 500 Index.

For Diller, the logic is simple: MGM owns real-world assets that AI may struggle to replicate or disintermediate, while still offering digital growth opportunities. People expects to fund the transaction through cash, additional debt and equity commitments, with People owning just over 50.1% of the equity and other investors, possibly including existing MGM shareholders, holding minority stakes.

HomeIndustriesHotels/Restaurants/CasinosLas Vegas has suffered from uneven tourism trends as well as sports-betting competition, but analysts say there’s reason to believe things are looking up for Sin CityLast Updated: June 1, 2026 at 4:40 p.m. ET
First Published: June 1, 2026 at 3:03 p.m. ET

Higher travel costs have dinged the Las Vegas tourism industry recently, but some analysts say media mogul Barry Diller’s roughly $12.4 billion offer for MGM Resorts International offers up fresh optimism that Vegas may be due for a rebound.

Diller’s People Inc., the publishing giant previously known as IAC, said Monday that it had submitted a proposal to acquire all outstanding shares of casino and resort operator MGM Resorts and take it private in a deal that would value the company at around $12.4 billion, or $48.30 per share in cash.

Ten grand prize winners to experience star–studded SI Beyond the Pitch event during soccer's biggest summer weekend

, /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, and Marriott Bonvoy are teaming up to send 10 grand prize winners and their guests to New York City for VIP access to SI Beyond the Pitch, a VIP Event Series produced by Authentic Live and Medium Rare and one of the most anticipated soccer celebrations of the summer.

Now through Sunday, June 21, 2026, eligible BetMGM players who link their BetMGM and Marriott Bonvoy accounts and wager a minimum of $10 can enter the Marriott Bonvoy & BetMGM World's Game Sweepstakes for a chance to win an unforgettable soccer-inspired getaway featuring exclusive event access, travel, dining, hotel accommodations and Marriott Bonvoy points.

"At BetMGM, we're always looking for ways to reward our players with legendary experiences they simply can't get anywhere else," said Matt Prevost, Chief Revenue Officer, BetMGM. "Partnering with Marriott Bonvoy for this event allows us to bring fans inside the velvet ropes during a once–in–a–generation moment on the global sports stage."

Jamie Russo, Vice President, Global Financial Partnerships, Marriott International, said, "This summer is going to be historic for soccer fans, and through our collaboration with BetMGM, we're bringing members to one of the most coveted events of the season. SI Beyond the Pitch in New York City puts them right at the center of the action, and it's exactly the kind of experience this partnership was built to deliver."

Marriott Bonvoy & BetMGM World's Game Sweepstakes

The culmination of the SI Beyond the Pitch nationwide event series takes place in New York City on Saturday, July 18 for a star–studded celebration at the iconic Cipriani restaurant, featuring headline performances by 50 Cent and Diplo.

Through the sweepstakes, participants will have the opportunity to win a trip to attend the event, with prizes including:

Grand Prizes (10 winners, plus one (1) guest each):

VIP access to the SI Beyond the Pitch Party Round–trip travel to New York City or $1,000 in withdrawable bonus funds toward travel (varies by entry period) Three–night hotel stay at Moxy Lower East Side in New York, NY  Dinner at L'Artusi Supper Club Secondary Prizes (30 winners):

$100 Bonus Bet All Participants:

2,500 Marriott Bonvoy points awarded for earning at least one (1) entry per entry period Players who have linked their BetMGM and Marriott Bonvoy accounts can enter by opting in on the BetMGM Sportsbook app or at BetMGM.com. A minimum $10 wager earns one (1) entry, with participants able to earn up to 25 entries per entry period. Winners will be selected weekly throughout the promotional period.

Additional terms and eligibility requirements apply. Bonus bets expire in seven (7) days and are non-withdrawable. This offer is not available in Nevada, New York, Ontario or Puerto Rico.

In 2024, BetMGM and Marriott Bonvoy launched a first-of-its-kind rewards collaboration which allows players in licensed states to link their Marriott Bonvoy and BetMGM accounts and earn BetMGM Rewards points when they wager using the sports betting app or play at the award-winning online casino. Players can exchange BetMGM Rewards points for Marriott Bonvoy points, up to 1 million points annually, to redeem extraordinary experiences, including future free nights with Marriott Bonvoy's more than 30 hotel brands and 10,000 destinations globally.

BetMGM currently operates in 30 markets with mobile and retail offerings. The BetMGM Sportsbook app is accessible on both iOS and Android, as well as via desktop at www.betmgm.com.

As BetMGM continues to expand into new markets and introduce new features, responsible gambling remains a key focus. Additionally, BetMGM is proud to provide resources to help customers play responsibly, including GameSense, an industry-leading program developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the integration within BetMGM's mobile and desktop platforms, customers can receive the same GameSense experience they have grown to rely on at MGM Resorts properties nationwide. This complements BetMGM's existing responsible gambling tools which serve to provide customers with an entertaining and safe digital experience.

For more information, follow @BetMGM on X.

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US), 877-8-HOPENY or text HOPENY (467369) (NY), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. Subject to eligibility requirements. In partnership with Kansas Crossing Casino and Hotel.

About BetMGM
BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://www.betmgminc.com.

About Marriott Bonvoy®
Marriott Bonvoy, Marriott International's award-winning travel program and marketplace, gives members access to transformative, eye-opening experiences around the corner and across the globe. Marriott Bonvoy's portfolio of more than 30 extraordinary hotel brands offers renowned hospitality in the most memorable destinations in the world. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, as well as through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments™, or through partners for luxurious products from Marriott Bonvoy Boutiques®. With the Marriott Bonvoy app, members enjoy a level of personalization and contactless experience that allows them to travel with peace of mind. To enroll for free or for more information about Marriott Bonvoy, visit marriottbonvoy.com. To download the Marriott Bonvoy app, go here. Travelers can also connect with Marriott Bonvoy on Facebook, X, Instagram and TikTok.

About MGM Collection with Marriott Bonvoy
MGM Collection with Marriott Bonvoy creates unforgettable, larger-than-life memories with exhibitions of brilliance and extraordinary service for the reveler in all of us. With an unrivaled portfolio of hotels and resorts, MGM Collection includes Las Vegas icons such as Mandalay Bay Resort and Casino, MGM Collection, and gaming paradises across the United States, such as MGM Springfield. Of the 17 MGM resorts comprising MGM Collection with Marriott Bonvoy, five of the properties also are affiliated with existing Marriott collection brands: Bellagio, a Luxury Collection Resort & Casino, Las Vegas; W Las Vegas; ARIA Resort & Casino, Autograph Collection; Park MGM Las Vegas, a Tribute Portfolio Resort; and continuing its affiliation with Autograph Collection is The Cosmopolitan of Las Vegas, Autograph Collection. MGM Collection with Marriott Bonvoy is the groundbreaking strategic alliance between MGM Resorts International and Marriott International, and participates in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.

About Sports Illustrated
For 70 years, Sports Illustrated (SI) has been recognized for shaping modern culture at the intersection of sports, lifestyle, and entertainment. SI is a 360-degree platform that unites athletes, teams and fans worldwide through quality content, innovative digital experiences, unforgettable events, and original products. SI brings its unique perspective to marquee events including SI The Party, Club SI, the Sportsperson of the Year Awards, SI Swimsuit Launch Weekend, and the SI Circuit Series. For more information, visit SI.com.

About Authentic Brands Group
Authentic Brands Group (Authentic) is a unified platform that integrates M&A, brand strategy, creativity and digital innovation to unlock the power of its global portfolio. Generating more than $32 billion in global annual retail sales, Authentic's brands have an expansive retail footprint in 150 countries, including 13,000-plus freestanding stores and shop-in-shops and 400,000 points of sale. For more information, visit authentic.com.

About Medium Rare
Medium Rare is a leading event, experiential, and management company operating at the intersection of sports and entertainment, known for developing cultural touchstones by partnering with iconic personalities to create unforgettable live event properties. Medium Rare's portfolio includes Shaq's Fun House, Kelce Jam, Dave Portnoy's One Bite Pizza Festival, Guy Fieri's Flavortown Tailgate, Gronk Beach, and more. For more information, visit Medium-Rare.com.

Forward-Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. MGM Resorts and BetMGM have based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, MGM Resorts and BetMGM's expectations regarding launch of the sweepstakes and prizes available to participating customers in connection with the sweepstakes. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the risk that the sweepstakes or related prizes are not available in the manner described herein, risks related to the effects of economic conditions and market conditions in the markets in which MGM Resorts and BetMGM operate and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, neither MGM Resorts nor BetMGM is undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts or BetMGM update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

SOURCE BetMGM

On June 02, 2026, MGM Resorts International MGM shares fell 4.6% to $48.36. This move comes after a strong performance over the past weeks, with the stock up 25.8% over the last week and 32.5% year-to-date. The shares have experienced significant volatility in the past year, with a 52-week high of $51.59 and a low of $29.19.

GF Value™ verdict: Current price is $48.36 compared to a GF Value™ of $46.79, indicating the stock is 3.4% overvalued.GF Score™: MGM has a score of 81/100, suggesting it is a strong investment opportunity based on GuruFocus' metrics.Most notable signal: Insiders have bought $37.2 million worth of shares while selling $1.5 million in the last three months, indicating positive sentiment among those closest to the company. Is MGM Overvalued or Undervalued? According to the GF Value™, MGM Resorts International's current price of $48.36 is slightly above its intrinsic value of $46.79, resulting in a 3.4% overvaluation. This suggests that there is limited margin of safety for potential investors, as the stock is trading at a price that may not fully reflect its underlying business fundamentals. The GF Valuation label indicates that MGM is fairly valued, yet the current overvaluation presents a risk for investors who may be looking for a bargain.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. As the market fluctuates, investors should take into account the inherent risks associated with purchasing shares at a premium to their estimated intrinsic value.

How Does MGM's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 67.2x 14.5x Forward P/E 25.4x N/A MGM's current P/E ratio of 67.2x is significantly above its 5-year median P/E of 14.5x, reflecting a 364% premium compared to its historical valuation. This assessment aligns with the GF Value™ verdict of overvaluation, indicating that the stock is trading at a premium relative to its historical valuation metrics.

What Does MGM's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 81 Financial Strength 3/10 Profitability 7/10 Growth 8/10 Valuation 7/10 Momentum 8/10 The GF Scores indicate that MGM has a strong growth rank of 8/10 and a solid profitability rank of 7/10, suggesting that the company is performing well in terms of generating profits and growth. However, its financial strength score of 3/10 is a notable weakness, indicating potential concerns regarding its balance sheet and overall financial health. Investors may want to consider these factors when assessing the stock's overall attractiveness.

What Are Insiders Doing with MGM Stock? In the last three months, insiders have demonstrated a bullish stance towards MGM Resorts International, purchasing $37.2 million worth of shares while only selling $1.5 million. This pattern of buying suggests that those with the most intimate knowledge of the company believe in its future prospects. Such insider activity can often be a positive signal, indicating confidence in the company's performance and potential growth.

What This Means for Investors Based on the GF Value™ assessment, MGM Resorts International is currently overvalued, trading at a premium relative to its estimated intrinsic value. Investors should exercise caution and conduct further research before making any investment decisions, given the risks associated with purchasing shares at elevated valuations.

For the complete analysis, visit the MGM Resorts International MGM stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is MGM's GF Score™?

MGM's GF Score™ is 81/100, indicating a strong investment based on various metrics that assess company performance and potential.

Is MGM overvalued or undervalued?

MGM is currently overvalued, with a GF Value™ of $46.79 compared to its market price of $48.36.

What is MGM's P/E ratio?

MGM's P/E ratio is 67.2x (TTM), which is significantly above its 5-year median P/E of 14.5x, indicating a premium valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

, /PRNewswire/ -- MGM Resorts International is turning up the heat on summer travel with a lineup of vacation deals, high-energy entertainment and destination-wide events across its Las Vegas properties. From poolside fun and major sports event-viewing to patriotic celebrations and vacation packages, guests can live it up with a season-long slate of offerings designed for the ultimate escape.

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas. MGM Resorts destinations across Las Vegas will turn up the energy throughout the summer with experiences ranging from Dive In Movies at The Cosmopolitan of Las Vegas and world soccer championship viewing parties to Flavor Flav's SHE Weekend celebrations and America250 fireworks spectaculars. MGM Resorts also recently introduced a new all-inclusive vacation experience, along with special offers for military members and veterans, creating even more ways for guests to experience Las Vegas this season.

For additional information and reservations, visit mgmresorts.com.

Summer Travel Offers and All-Inclusive Vacation Experiences

All-Inclusive Vacation Experience. MGM Resorts' new all-inclusive vacation experience bundles hotel accommodations, daily resort fees, dining, entertainment and parking into a single upfront price – starting at $330 plus tax for a two-night stay for two guests – at Luxor Hotel & Casino and Excalibur Hotel & Casino. Dates: Available now Military & Veterans Program Offer. MGM Resorts will honor active-duty military members, veterans and eligible spouses with a special Military & Veterans Program available for stays through July 7. The limited-time offer includes room upgrades based on availability, spa and salon savings, and discounts at participating bars and restaurants, entertainment and retail outlets. Dates: Now through July 7 Semi-Annual Summer Sale. MGM Resorts' Semi-Annual Summer Sale will give guests exclusive seasonal savings for bookings made now through July 7. MGM Rewards members can receive up to 45% off room rates or up to 35% off plus a food and beverage credit, while non-members can access savings up to 30% off room rates or up to 20% off plus a food & beverage credit. Dates: Now through July 7 Summer of Entertainment. MGM Resorts invites guests to experience an unforgettable lineup of entertainment and attractions all summer long with exclusive limited-time offers available now through September 7. From headlining performances by New Kids On The Block and Sammy Hagar at Dolby Live at Park MGM to special events such as Las Vegas Songwriters Festival at Mandalay Bay, along with savings on select shows and attractions across the Las Vegas Strip including Cirque du Soleil productions, comedy, magic and family-friendly experiences. For additional information and to purchase tickets, visit mgmresorts.com/entertainment. Summer Soccer Viewing Experiences / June 11 – July 19
Throughout the summer, MGM Resorts destinations across the Las Vegas Strip will unite fans for the season's biggest international soccer matches with themed events, specialty food and beverage offerings and high-energy viewing experiences. Fans will have the opportunity to watch all of the tournament games at BetMGM Sports Books along with participating locations at Bellagio (COMO Poolside Cafe & Bar); ARIA (Proper Eats Food Hall and Lift Bar); The Cosmopolitan of Las Vegas (Clique Bar & Lounge, China Poblano and Zuma); MGM Grand (Level Up and TAP Sports Bar); Mandalay Bay (Tailgate Beach Club and Rhythm & Riffs); Park MGM (Eataly Bar and Pool); New York-New York (Nine Fine Irishmen, Beerhaus, Tom's Watch Bar, Coyote Ugly, Bar at Times Square, Center Bar, The Chocolate Bar, Pour 24 and a Brooklyn Bridge viewing area); Luxor (Centra and Public House); and Excalibur (TAP Sports Bar).

Flavor Flav's SHE Weekend Celebrates Women's Sports / July 16 - 19
In partnership with Flavor Flav, MGM Resorts will celebrate SHE Weekend, a multi-day event honoring female world-class athletes. The weekend will feature appearances and activations tied to athletes and personalities from across women's sports, highlighted by a Las Vegas Strip parade culminating with a celebration in Toshiba Plaza.

Summer of Sports at MGM Resorts
As the premier destination for world-class sports and entertainment on the Las Vegas Strip, MGM Resorts is set to deliver an unparalleled summer of high-stakes action. Fans can experience the thrill of UFC 329 at T-Mobile Arena (July 11); witness the WNBA's defending champion Las Vegas Aces take on Caitlin Clark and the Indiana Fever at T-Mobile Arena (July 5); feel the energy of Power Slap 21 at The Cosmopolitan (July 10); and catch the inaugural Players Era Volleyball tournament at T-Mobile Arena (August 29 – 30). For event information and tickets, visit mgmresorts.com.

Patriotic Celebrations / June 6 – July 25
The Las Vegas skyline will light up throughout the summer in honor of America250 with synchronized fireworks spectaculars from multiple locations including ARIA and MGM Grand. Guests also can experience patriotic-themed moments including illuminated Fountains of Bellagio shows, holiday-inspired lighting displays at Luxor and Mandalay Bay and themed Dive In Movie nights at The Cosmopolitan on select dates throughout the summer.

Citywide Fireworks: June 6 – July 25 (Every Saturday) Fountains of Bellagio Patriotic Lights: July 3 - 5 Mandalay Bay & Luxor Building Lights: June 13, July 3 – 5 and July 11 New York-New York Bridge Bash: Celebrate July 4th with the New York-New York Bridge Bash featuring live entertainment, food and beverage carts and family-friendly activities. The action kicks off at 3 p.m. and leads up to the spectacular fireworks viewing at 9 p.m. Dive In Movies Under the Stars / June 8 – August 17
Every Monday throughout the summer, guests of all ages are invited to enjoy fan-favorite films at The Cosmopolitan of Las Vegas' Boulevard Pool. Featuring a 65-foot digital marquee set against the dazzling backdrop of the Las Vegas skyline, this unique cinematic setting blends the laid-back vibe of a Las Vegas pool with the thrill of the big screen, creating the ultimate night under the stars. Scheduled films range from family-friendly comedies to action-packed blockbusters, including A Minecraft Movie, Clueless, Rush Hour, National Treasure, Space Jam and Ferris Bueller's Day Off. Movies begin at 8 p.m. In addition to the Monday movie series, guests can enjoy special fireworks evenings on select Saturdays throughout the summer.

Dive In Movies: June 8 – August 17 (Every Monday) Summer Fireworks Nights: June 13, July 4 and July 11 Summer Prix Fixe Program – Taste of Summer / June 14 – September 1
Guests are invited to enjoy the Taste of Summer featuring a variety of menu options showcasing some of The Strip's hottest restaurants. Participating venues range from Harvest and The Mayfair Supper Club at Bellagio to China Poblano and Amaya at The Cosmopolitan of Las Vegas as well as Orla and Strip Steak at Mandalay Bay and Primrose at Park MGM. For a full selection of restaurants, menus and pricing, visit MGM Resorts Food & Beverage.

Forward Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in the Company's public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, the Company's expectations regarding the events and offers described herein. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise, and the Company may not be able to realize them. The Company does not guarantee that the events or offers described herein will happen as described (or that they will happen at all). These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the economic and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of conversion or expansion projects, risks relating to domestic and international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

Media Contacts
MGM Resorts International Public Relations
[email protected]

Kirvin Doak Communications for MGM Resorts International
[email protected]

SOURCE MGM Resorts International