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MGM Resorts International

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  • MACAU— Macau is doubling down even as the odds change. Macau's casino operators are undaunted. They're also optimistic Beijing's support for Macau's long term development from a seedy, vice-ridden backwater into a glitzy Asian destination will draw a growing numbers of middle class families from across the region looking for more than just gambling.

  • Under that agreement, the state receives 25 percent of the slot machine revenue generated at the tribes' Foxwoods Resort Casino and Mohegan Sun while the tribes have exclusive rights to casino gambling in Connecticut. Jepsen said the original legislation could make it easier for other Connecticut tribes to open casinos if they win recognition and could be...

  • *Cisco slips after saying Chambers to step down as CEO. May 4- Wall Street was poised to open higher on Monday ahead of data that is expected to show demand for U.S. factory orders rose in March, signaling that the manufacturing sector is strengthening despite a stronger dollar. Factory activity in China in April recorded its biggest drop in a year, hardening the case...

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Trading Vegas: Plays on 2 casino stocks Friday, 1 May 2015 | 6:23 PM ET
    Wynn Macau casino resort, operated by Wynn Resorts, in Macau, China.

    Investors thinking of buying MGM Resorts stock because of Saturday's boxing match should be wary, one "Fast Money" trader said.

  • Overhyped? Mayweather-Pacquiao loses some steam Friday, 1 May 2015 | 11:39 AM ET
    Workers install signs for an upcoming bout at the MGM Grand Garden Arena, April 27, 2015, in Las Vegas. Floyd Mayweather Jr. and Manny Pacquiao are scheduled to fight May 2.

    Sky-high ticket prices and hotel room rates are starting to come down, though they remain inflated beyond anything Vegas has ever seen.

  • Floyd vs Manny: Breaking down the cash flow Wednesday, 29 Apr 2015 | 2:16 PM ET
    Floyd Mayweather (left) and Manny Pacquiao attend the press conference in Los Angeles in March to announce their fight.

    Rivers of money are flowing into boxing's biggest bout in years, and it's not just the boxers who will see a windfall.

  • Derby tickets feeling no pain from big fight Tuesday, 28 Apr 2015 | 4:52 PM ET
    Churchill Downs

    Sharing the spotlight with other marquee sorting events, including boxing's biggest fight in years, have not hurt Kentucky Derby ticket prices.

  • Time to bet on casino stocks? Friday, 17 Apr 2015 | 5:22 PM ET
    Flamingo Hotel, Las Vegas

    Keene on the Market’s Andrew Keene explains why one casino stock is about to break out.

  • Why this new trend is bad for bonds Thursday, 9 Apr 2015 | 12:05 AM ET
    Bill Ackman appears on CNBC's "Squawk Box" in New York.

    After two record-setting years in a row, activists are back at it again only in even bigger numbers this year, according to a Moody's report.

  • TOKYO, March 30- Prospects for legalizing casino gambling in Japan suffered another blow on Monday as proponents said they would delay a bill allowing "integrated resorts," as the ruling coalition remains divided on the controversial measure. Companies such as Las Vegas Sands Corp and MGM Resorts International have been hoping Japan will unlock a casino...

  • TOKYO, March 30- Prospects for legalising casino gambling in Japan suffered another blow on Monday as proponents said they would delay a bill allowing "integrated resorts", as the ruling coalition remains divided on the controversial measure. Companies such as Las Vegas Sands Corp and MGM Resorts International have been hoping Japan will unlock a casino...

  • MGM also said it would consider the investment manager's plan to nominate four candidates to its board, including founder Jonathan Litt. MGM operates destination resorts such as the Bellagio, MGM Grand and the Mirage. Land and Buildings', which owns a 0.8 percent stake in MGM, said it expected MGM's net asset value to rise to $55 per share from $33 after the...

  • Traders work the floor of the New York Stock Exchange.

    U.S. stocks closed mostly lower ahead of the Federal Open Market Committee's statement that could shed light on the timing of an interest rate hike.

  • MGM Resorts' shareholder pushes for REIT conversion Tuesday, 17 Mar 2015 | 11:31 AM ET

    Shares of MGM, which operates destination resorts like the Bellagio, MGM Grand and the Mirage, rose as much as 9.9 percent in morning trading. MGM would join a pool of companies looking to spin off their real estate assets into REITs to save taxes. Land and Buildings, which declined to disclose its stake in MGM, said it intends to nominate four candidates to the...

  • Early movers: BIG, SPLS, FL, MGM, WYNN & more Friday, 6 Mar 2015 | 7:50 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • MGM CEO: We can ride out China gambling volatility Saturday, 21 Feb 2015 | 9:00 AM ET

    MGM Chairman and CEO Jim Murren says the volatility in China's gaming sector isn't going away soon, but the company can manage.

  • A $300,000 dinner? It's a Vice! Wednesday, 18 Feb 2015 | 9:27 PM ET
    Vice Media co-founder and CEO Shane Smith speaks at TechCrunch Disrupt NY 2014 in New York, May 5, 2014.

    Vice Media CEO Shane Smith spent $300,000 for dinner for more than 30 people during the International CES trade show in January. The New York Times reports.

  • Lightning Round: This CEO is smarter than I am Wednesday, 18 Feb 2015 | 7:13 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.