MGM Resorts International (MGM) stock price, news and key stats

Price

Last close as of Sep 16, 2026. Delayed data; not a live quote.

Previous close

$39.22

Open

$39.22

Day range

$38.14 – $39.14

Volume

2.8M

About MGM Resorts International

Latest MGM news

• Thousands of Atlantic City jobs are at risk as casinos struggle with inflation and New York competition
  Economic Data · Sep 7, 2026

  A recent report from the Atlantic County Economic Alliance highlights a troubling outlook for the casino industry in Atlantic City, projecting the potential loss of 5,100 jobs over the next decade. This figure could escalate to more than 8,100 if additional casinos are established in New Jersey, particularly in North Jersey and New York City. The report underscores the dual challenges of rising inflation and intensified competition from both online gambling and new brick-and-mortar casinos, which threaten the viability of existing establishments. The implications of these job losses extend beyond the immediate workforce, potentially impacting the local economy significantly. With an estimated annual revenue decline of nearly $1.3 billion by 2035, the ripple effects could be felt across various sectors, including hospitality, retail, and services that rely on casino patronage. Local leaders and developers are advocating for redevelopment initiatives and increased homeownership to mitigate these challenges and revitalize the area. In response to the evolving landscape, labor unions, such as Unite Here Local 54, are actively negotiating contracts to secure better conditions for workers amid these uncertainties. The outcome of these negotiations and the strategic decisions made by casino operators will be crucial in determining the future of Atlantic City’s economy and its workforce as it navigates a competitive and inflationary environment.

• Acquisition Premium Injects Immediate Boost into MGM Resorts International (MGM) Shares
  Yahoo Finance · Sep 4, 2026

  MGM Resorts International (MGM) shares surged following the announcement of a significant acquisition premium associated with its recent purchase of a competing gaming company. The deal, valued at approximately $3 billion, is expected to enhance MGM's market position and expand its portfolio, particularly in key gaming markets. Investors reacted positively, driving the stock price up by nearly 10% in early trading, reflecting confidence in the strategic benefits of the acquisition. Market analysts suggest that the acquisition aligns with MGM's long-term growth strategy, which focuses on diversifying its offerings and increasing its footprint in the gaming and entertainment sectors. The immediate boost in share price indicates strong investor sentiment, although some caution remains regarding potential integration challenges and the overall economic environment. As MGM integrates the newly acquired assets, its performance will be closely monitored, with implications for both revenue growth and operational efficiency in the competitive landscape of the gaming industry.

• Travel industry presses Trump to target 100 million international visitors in Oval Office meeting
  CNBC Top News · Sep 2, 2026

  U.S. President Donald Trump is set to meet with top executives from the travel industry, including representatives from American Airlines, Marriott, and MGM Resorts, to discuss the potential economic benefits stemming from World Cup tourism. This meeting highlights the administration's focus on leveraging high-profile international events to boost domestic travel and hospitality sectors, which have been recovering from the impacts of the COVID-19 pandemic. The World Cup, which recently took place, is expected to generate significant tourism revenue, and the White House is keen to capitalize on this momentum. Industry leaders are likely to discuss strategies for attracting international visitors and enhancing the overall travel experience in the U.S. The implications for the market could be substantial, as increased tourism can lead to higher occupancy rates in hotels, increased airline bookings, and a boost in local economies, particularly in cities that hosted World Cup events. As the travel sector continues to rebound, this meeting may also signal a renewed commitment from the administration to support policies that facilitate travel and tourism growth, which could further impact stock prices in the hospitality and airline industries. Investors will be watching closely for any announcements or initiatives that may arise from this high-profile gathering.

• ‘This is a money-losing proposition for most of these individuals’: Americans are draining stock portfolios to shovel more money into sports betting
  Fortune · Aug 22, 2026

  A growing trend among American investors is emerging as individuals increasingly withdraw funds from their stock portfolios to finance sports betting activities. This shift raises concerns about the long-term financial implications for many, as experts warn that for most participants, the venture is likely to result in losses. The allure of quick returns and the excitement of betting on sports events are drawing in both seasoned investors and casual participants, leading to a potential misallocation of financial resources. Market analysts suggest that this trend could have broader implications for the stock market and personal finance. As more individuals divert funds away from traditional investments, there may be a decrease in capital available for companies seeking to raise funds through equity markets. Additionally, the volatility associated with sports betting could lead to increased financial instability for those who are not adequately managing their risk. The trend highlights a growing cultural shift towards gambling, which could reshape investment behaviors and attitudes towards financial planning in the coming years.

• DETR jobs report shows growth for metro Las Vegas, statewide unemployment falling
  Economic Data · Aug 21, 2026

  The latest report from the Nevada Department of Employment, Training and Rehabilitation (DETR) indicates positive job growth in the Las Vegas metro area, with an addition of 2,300 jobs in July. This marks a continuation of a trend that has seen the state’s unemployment rate decrease to 5.1% in June, down from 5.2% in May. While this decline is a positive sign for the local economy, Nevada's unemployment rate remains one of the highest in the nation, highlighting ongoing challenges in the job market. The job growth in Las Vegas is particularly noteworthy as it reflects the area's resilience and recovery, especially in the wake of the pandemic's impact on tourism and hospitality sectors. The increase in employment opportunities could bolster consumer spending and contribute to economic stability in the region. However, the state still faces hurdles, as the unemployment rate, despite its decrease, remains a concern for policymakers and economic planners. Market implications of this job growth could be significant, as a healthier employment landscape may attract further investment and boost local businesses. Additionally, if the trend continues, it could lead to increased consumer confidence and spending, which are crucial for sustained economic recovery. As the state navigates its post-pandemic landscape, the focus will likely remain on fostering job creation and addressing the underlying factors contributing to its elevated unemployment rate.

• Florida Sues Online Casino Games, Targeting Dual-Currency Model
  Forex News · Aug 19, 2026

  Florida's Attorney General has filed a lawsuit against several online casino games, challenging their use of a dual-currency model that allows players to engage in gambling activities with both virtual and real currencies. The lawsuit argues that this model circumvents state gambling laws and poses risks to consumers, particularly minors, by blurring the lines between gaming and gambling. The state's legal action reflects growing concerns about the regulation of online gambling platforms and their impact on local economies and public safety. The implications of this lawsuit could be significant for the online gaming industry, particularly as states across the U.S. grapple with how to regulate digital gambling. If Florida's legal challenge succeeds, it may set a precedent that could lead to stricter regulations in other states, potentially affecting the revenue streams of online casinos that rely on similar dual-currency models. Investors in the online gaming sector should monitor the developments closely, as regulatory changes could reshape market dynamics and influence stock valuations in the industry.

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