MGM Resorts International (MGM)

Nov 3, 2026

People Inc. is facing a "critical loss of sessions" with Google search referral traffic down 70% over two years, largely due to Google's AI Overview summaries. Despite this, the company's digital revenue continues to grow, driven by a strategic shift towards non-session-based revenue streams such as live events, content licensing, and new advertising products like D/Cipher. People Inc. is optimistic about returning to double-digit growth next year by leveraging these diverse revenue channels and exploring M&A opportunities, while also pursuing a nine-figure payout in an ad tech antitrust lawsuit against Google.

Nov 3, 2026

MGM Resorts International (MGM) stock increased by 1.51% to $31.02 on Tuesday, extending its gains for the fourth consecutive day. This performance occurred during a mixed trading session where the S&P 500 rose 0.36% and the Dow Jones Industrial Average fell 0.38%.

Nov 3, 2026

Sonesta International Hotels Corporation and Boyd Gaming Corporation have announced an exclusive strategic affiliation. This partnership will introduce Boyd's nationwide portfolio of 19 casino resorts to Sonesta customers, integrating over 9,700 hotel rooms and 600,000 square feet of meeting space into Sonesta's distribution platform as "The Boyd Collection." Future plans include exploring hotel development opportunities and linking their respective loyalty programs, Sonesta Travel Pass and Boyd Rewards.

Nov 3, 2026

MGM Resorts International's Aria Resort & Casino is closing its Jewel Nightclub on November 21, 2026, following a mutual agreement with Tao Group Hospitality. While no official reason was given, reports suggest the venue had been struggling. MGM is directing guests to Marquee at The Cosmopolitan for nightlife options.

Nov 3, 2026

Jewel Nightclub at Aria will close permanently on November 21, 2026, after a 10-year run on the Las Vegas Strip. MGM Resorts and Tao Group Hospitality, which jointly operated the venue, mutually agreed to the closure, with MGM stating no immediate replacement plans for the 24,000 square-foot space. The closure reflects an evolving Las Vegas nightlife scene, where giant nightclubs are seeing competition from a growing number of alternatives.

Nov 2, 2026

Jewel Nightclub at Aria on the Las Vegas Strip is permanently closing its doors after November 21, marking an end to a decade of operation. MGM Resorts International announced the closure, stating there are no immediate plans for the space. The club hosted numerous celebrity performances and championship celebrations, including Usher and the Golden State Warriors and Las Vegas Aces.

Nov 2, 2026

Marriott International (MAR) reported strong third-quarter results, with revenue per available room (revPAR) increasing by 6.5% and adjusted EBITDA growing by 12%. The company has raised its 2026 revPAR growth forecast to 4.5%-5.0% and expects 3.5%-4.0% growth in 2027, driven by healthy travel demand. Analyst Dan Wasiolek notes that Marriott's brand advantage remains intact, though shares are considered rich.

Nov 2, 2026

MGM Resorts International (MGM) stock advanced 2.00% to $30.56 on Monday, marking its third consecutive day of gains. Despite this rise, the stock underperformed compared to some competitors in a mixed trading session, where the Dow Jones Industrial Average rose while the S&P 500 Index fell.

Nov 2, 2026

Voters in Amherst and Pulaski counties are set to decide on referendums regarding pari-mutuel wagering, which could lead to the establishment of Rosie’s Gaming Emporium facilities by Churchill Downs Incorporated. These facilities, classified as historical horse racing, are supported by proponents for new entertainment and revenue, while opponents express concerns about the impact on local businesses. Amherst County had previously rejected a similar referendum in 2021.

Nov 2, 2026

Virginia Retirement Systems significantly increased its stake in Churchill Downs by 1,083.3%, purchasing an additional 45,500 shares, bringing its total to 49,700 shares valued at approximately $3.76 million. This increase follows Churchill Downs' strong third-quarter performance, where it exceeded earnings expectations with $1.23 EPS and $696 million in revenue, leading the company to raise its annual dividend by 7.1% and prompting broadly positive analyst ratings.

Nov 2, 2026

MGM Resorts International's amended voting agreement with Barry Diller’s People Inc. will allow People Inc. to vote its shares in line with MGM's board recommendations, potentially easing a future sale. CreditSights highlights MGM China's strong operating performance and market share as attractive to potential buyers, despite no current sale discussions. This revised agreement removes an obstacle that could give MGM’s board greater flexibility if another buyer makes an approach.

Nov 1, 2026

An amended voting agreement between MGM Resorts International and People Inc. could ease a potential future sale of MGM Resorts, possibly making its MGM China unit a key attraction for prospective buyers. CreditSights suggests MGM China faces "event risk" in such a scenario, but its strong operational performance could also be a significant draw. While MGM is not currently in sale talks, the revised agreement indicates an openness to a change of control transaction.

Nov 1, 2026

Macau's gross gaming revenue dropped 10.0% year over year in October to 21.7 billion patacas ($2.68 billion), marking the fifth consecutive month of declining GGR for the casino sector. This slump comes against a challenging comparable period. The data was released by the Gaming Inspection and Coordination Bureau.

Oct 31, 2026

Vail Resorts and Alterra Mountain Co. are defending themselves against two class-action antitrust lawsuits in U.S. District Court in Denver, claiming the ski industry is "fiercely competitive." Skiers allege the companies artificially inflate single-day lift ticket prices to coerce customers into buying expensive multi-resort passes. Additionally, Vail Resorts' board of directors faces a third lawsuit from an investor, citing claims of anticompetitive behavior and breach of fiduciary responsibility.

Oct 30, 2026

MGM Resorts International (MGM) shares rose 3.92% to $29.96 on Friday, defying a general market downturn where the S&P 500 Index and Dow Jones Industrial Average both fell. This marks the stock's second consecutive day of gains, indicating strong individual performance amidst a dismal trading session.

Oct 30, 2026

MGM Resorts International reported its financial results for Q3 2026, with consolidated revenue down 1% to $4.2 billion but a reduced net loss compared to the prior year. Despite lower room rates impacting Las Vegas Strip Resorts, the company highlighted strong performance from MGM China and growth in its digital businesses, including BetMGM. Leadership emphasized a focus on shareholder value through share repurchases and future growth drivers like MGM Osaka and its digital portfolio.

Oct 30, 2026

During their third-quarter earnings call, Gaming & Leisure Properties Inc. executives addressed concerns about Bally's Corp., particularly the slowed Chicago casino project, and reaffirmed their commitment to their development partner. Despite the Chicago slot route issues and Bally's August "going-concern" warning, GLPI expressed confidence in Bally's ability to liquidate assets and stated their credit risk outlook had not changed. They also discussed their joint venture with Prologis to redevelop the Hollywood Joliet site, emphasizing it would generate significant excess cash.

Oct 29, 2026

People Inc., Barry Diller's magazine empire, is cutting 195 staff members, primarily in print and website departments, due to "rapid changes" in the media landscape. CEO Neil Vogel stated the company is reorganizing and increasing investments in new projects while having added 320 new employees this year. This restructuring follows a recent rebrand and the company's shift away from dependence on Google web traffic, as well as the apparent end of takeover talks with MGM Resorts.

Oct 29, 2026

Caesars Entertainment is offering Nevada residents free self-parking and a 25% discount on food and drinks at eight of its Las Vegas resorts from October 31 to December 26. The promotion also includes savings on spa treatments, attractions like the High Roller Observation Wheel, and select concerts and shows. To redeem, residents need to present a valid Nevada ID and, for dining, be a Caesars Rewards member.

Oct 29, 2026

People Inc. CEO Neil Vogel announced a new round of layoffs, affecting 195 employees across its offices, representing about 6% of the workforce. This follows earlier layoffs in late 2025 and a decision not to acquire MGM Resorts. The cuts primarily impact print and legacy web businesses as the company adapts to changes in the media landscape.

Oct 29, 2026

MGM Resorts experienced a significant drop in earnings for September 2026 due to crashing room rates in Las Vegas, attributed to high inflation and soaring airfares impacting vacation budgets. Room prices on the Strip fell by 10.6% compared to the previous year, leading to a 2% drop in revenue and a 12% decline in earnings for MGM. Despite the setback, MGM executives expressed confidence in Las Vegas's future, highlighting upcoming marquee sporting events and its evolving role as a global entertainment hub.

Oct 28, 2026

Media mogul Barry Diller and his company, People Inc., have agreed to cap their stake in MGM Resorts International at 29.9% after People's bid to take MGM private ended. People Inc. is MGM's largest shareholder, and the agreement includes provisions on how they must vote their shares in case of a sale. MGM's board chairman expressed confidence that the agreement provides a clear path to boosting company value.

Oct 28, 2026

MGM Resorts International has reached an agreement with its largest shareholder, Barry Diller’s People Inc, to cap People Inc's voting power at 29.9% of MGM's common stock. This agreement also mandates how People Inc will vote shares exceeding 25.73% of MGM's total voting power, particularly in change of control transactions. The move follows People Inc's earlier withdrawn takeover bid for MGM and aims to balance influence while also providing protections for Diller and People Inc against adverse defensive measures from MGM.

Oct 28, 2026

MGM Resorts International and Barry Diller's People Inc. have amended their voting agreement, which could allow Diller to approve a third-party takeover of MGM. This change comes after People Inc. dropped its $18 billion bid for MGM. The new agreement also caps People Inc.'s ownership of MGM shares at 29.9% while requiring Diller to vote in line with MGM's board recommendations for a change of control transaction.

Oct 28, 2026

Dave & Buster's Entertainment Inc. has hired Moelis & Co. to address its $1.5 billion debt due to a decline in leisure spending. Concurrently, a group of the company's creditors is working with PJT Partners and Gibson Dunn & Crutcher, seeking to broaden support through a cooperation pact to avoid infighting. This comes as the arcade chain faces a punishing selloff, weak interest coverage, high leverage, and declining same-store sales, leading Moody's Ratings to change its outlook on Dave & Buster's debt to negative.

Oct 28, 2026

Mike Repole, a prominent critic of horse racing, has invested approximately $80 million to become the second-largest individual shareholder in Churchill Downs Inc. This move, which he describes as "building his own table," aims to leverage his marketing expertise to revitalize the sport beyond the Kentucky Derby. Repole believes Churchill Downs is undervalued and seeks to influence the industry by addressing issues like declining viewership and a lack of accountability among established racing bodies.

Oct 28, 2026

Barry Diller and his company, People Inc., have reached a new voting agreement with MGM Resorts, limiting their ownership stake to 29.9% and requiring them to vote in line with MGM's Board recommendations on change-of-control transactions. This agreement follows Diller's withdrawal of an $18 billion offer to take MGM private. In return, MGM has agreed not to take any defensive measures against Diller or People Inc.

Oct 28, 2026

Caesars Entertainment reported a 2.5% revenue increase to $2.94 billion in Q3 2026, but net losses more than doubled to $123 million due to a slump on the Las Vegas Strip and rising interest costs. Regional casinos and the digital betting segment, Caesars Digital, showed growth, with the latter becoming more profitable. These results come as Fertitta Entertainment's $17.6 billion takeover of Caesars is expected to close by mid-2027.

Oct 28, 2026

Michael Albano argues that the Massachusetts Gaming Commission must hold MGM Resorts International accountable for its unfulfilled promises to Springfield regarding jobs, downtown development, and a full-scale destination casino before allowing the company to transfer its Springfield operation. He emphasizes that the Host Community Agreement was a binding contract, not a suggestion, and that the commission's failure to enforce it would undermine regulatory credibility and harm the host city. Albano urges the commission to demand a public accounting of MGM's commitments and ensure any prospective buyer assumes all outstanding obligations.

Oct 28, 2026

Rafael Nadal is scheduled to return to competitive tennis for the first time since his 2024 retirement, headlining the MGM Slam in Las Vegas on February 28, 2027. MGM Resorts International confirmed his participation, with fans speculating about other potential retired stars like Roger Federer joining the event. Ticket presales are ongoing for MGM Rewards and AXS members, with general sales opening on October 30.

Oct 27, 2026

Caesars Entertainment CEO Tom Reeg is reportedly set to lead Tilman Fertitta's expansive Landry’s business, including Golden Nugget casinos and a vast restaurant empire, after Fertitta Entertainment Inc. acquires Caesars for $17.6 billion. This move is seen as surprising, as CEOs of acquired companies typically do not remain in such prominent roles. Reeg's new position will place him in charge of Fertitta's gaming, leisure, and lodging interests, but not his automotive, sports team, or real estate holdings.

Oct 27, 2026

Monarch Casino & Resort (NASDAQ:MCRI) reported quarterly earnings per share of $1.76, falling short of analysts' consensus estimate of $1.86 by $0.10. Despite the earnings miss, the company showed a net margin of 20.40% and a return on equity of 20.63%. Shares of MCRI traded down $0.87 to $115.28 on Tuesday, resulting in a market capitalization of approximately $2.07 billion.

Oct 27, 2026

Caesars Entertainment is offering free parking and 25% off dining and attractions to Las Vegas locals from October 31 through December 26. This initiative aims to attract local clientele following a 2.3% decrease in Las Vegas revenues during the third quarter, which the company attributes to a downturn in tourist travel. The deals are a strategic move to fill revenue gaps and show goodwill to the local market, especially as Caesars is in the process of an $18 billion buyout offer from Fertitta Entertainment.

Oct 27, 2026

Caesars Entertainment reported a net loss of $123 million in the third quarter of 2026, or 61 cents per share on revenue of $2.94 billion, falling short of analyst expectations. The company's shares closed down slightly, and it did not host an earnings call due to its pending $17.6 billion acquisition by Fertitta Entertainment, after which it will delist from Nasdaq.

Oct 27, 2026

Tennis star Rafael Nadal, who retired in November 2024 due to injuries, will make a competitive return to headline the MGM Slam at T-Mobile Arena on February 28, 2027. This event, announced by MGM Resorts, marks his first competitive appearance since retirement. While other participants and the format are yet to be revealed, it raises questions about whether this is a one-off exhibition or the start of a new post-retirement schedule for the 22-time Grand Slam winner.