MGM Resorts International Aktie News

MGM Resorts has withdrawn from the competition for one of three new casino licenses in the New York City metropolitan area. The high costs and intense competition for these licenses have proven prohibitive, even for major operators like MGM, WYNN, and LVS. MGM already maintains a presence in the NYC metro area through its Yonkers racino, reducing its urgency for a new license.

GREENWICH, Conn. , Oct. 23, 2025 /PRNewswire/ -- Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business is leading the financing supporting the acquisition of the operations of MGM Northfield Park, a regional racino in Northfield, Ohio, by Toronto-based Clairvest Group (TSX: CVG).

It is never dull when activist investors take an interest in a high-profile company. For Entain PLC (LSE:ENT), this week's comments from Sachem Head Capital Management have again stirred the pot.

There are surprises and there are outright shockers. Put MGM Resorts International's (MGM -0.39%) decision to drop out of the race for a New York City casino license in the latter category.

TORONTO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VII (“CEP VII”, collectively “Clairvest”), has entered into an agreement to acquire the operations of MGM Northfield Park (“Northfield Park”) from MGM Resorts International (NYSE: MGM) for US$546 million in cash, subject to customary purchase price ...

Purchase price represents an approximate 6.6x multiple on Adjusted EBITDA for the  trailing twelve months ended June 30, 2025 LAS VEGAS , Oct. 16, 2025 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has reached an agreement to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. (TSX: C...

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) announced today that, in connection with MGM Resorts International's (NYSE: MGM) (“MGM Resorts”) agreement to sell the operations of MGM Northfield Park (“Northfield Park”), located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc. (TSX: CVG) (“Clairvest”), VICI ha...

Online gaming is starting to contribute to MGM Resorts' (MGM 2.79%) bottom line. The company's subsidiary BetMGM said today that it will pay owners MGM and Entain $200 million from the cash generated by the business, a huge shock for what was once a cash drain for MGM.