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Stock impact report

MGM casino exec flags major headwinds hurting its pockets in 2025 [Yahoo! Finance]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Yahoo! Finance
The hotel-casino operator closed its iconic Mirage resort casino on July 17. It will be replaced by a Hard Rock International Guitar Hotel, which the new owners plan to open in 2027. Don't miss the move: Subscribe to TheStreet's free daily newsletter Hard Rock purchased The Mirage from MGM Resorts International in 2022. On the current site of the former Mirage Volcano, Hard Rock plans to build a 600-room, 660-foot-tall Guitar Hotel on the Las Vegas Strip. The rest of the property will be modernized and themed to match the Guitar Hotel. Related: Las Vegas Strip casino CEO unveils surprising results MGM Resorts has since then teamed with Marriott International MAR to convert the iconic Delano Las Vegas, a non-gaming property on the Mandalay Bay Resort & Casino campus, to a new W Hotel brand on the Strip. The W Las Vegas, which will be within the Marriott Bonvoy portfolio, will complete its conversion later in 2024 and will continue the MGM/Marriott long-term strategic Show less Read more
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