MGM

As Jeff Bezos prepares to pass the baton to the new CEO in July, Amazon.com, Inc. (NASDAQ: AMZN) is showing no signs of stopping after posting impressive first-quarter results late a month ago with its largest strike in the "Streaming Wars" and its biggest push into entertainment to...

Amazon.com, Inc (NASDAQ: AMZN) is in talks to acquire MGM movie studio, which could give a significant boost to the latter’s entertainment portfolio, as per reports. What Happened: The discussions were reported by The Information on Monday (via AppleInsider). The status of the talks can...

After several months of poor daily-active-user figures by Snap Inc (NYSE: SNAP), Evan Spiegel, Snapchat CEO and co-founder, is determined to drive user-engagement. The DAU decline occurred right after Facebook Inc (NASDAQ: FB)'s Instagram Stories launched, and Spiegel has taken notice. Specifically...

Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) is in one heck of a slump. Early indications are that its most recent hope, “Ben-Hur,” will not change Viacom’s luck. In a new note, Loop Capital Markets analyst David Miller cut earnings estimates for Viacom and discussed the company...

The box office gives, and it takes away. This weekend, that scenario happened to Paramount (Viacom, Inc. NASDAQ: VIAB)) when its "Teenage Mutant Ninja Turtles" sequel "Out of the Shadows" faded over its opening three-day frame. The film struggled, despite a late surge to push its total to $35...

MGM Resorts International (NYSE: MGM) made an announcement on Friday that will likely upset many tourists that frequent Las Vegas. MGM said it will spend $450 million to transform "every element" of the Monte Carlo Resort and Casino as part of a rebranding effort. According to...

MGM Growth Properties announced in a regulatory filing on Friday it will offer 50 million class A common shares to the public at a price between $18 and $21 per share. MGM Growth Properties' stock will trade on the New York Stock Exchange under the ticker "MGP." The REIT was recently formed as part...

Telsey Advisory Group recently initiated coverage of casino stocks and released a new report discussing the current state of the industry. Analyst David Katz sees a major divergence in the casino business these days, and believes that investors should make sure to be on the winning side of the...

Three days after hedge fund Land and Buildings released a detailed report on MGM Resorts International (NYSE: MGM) advising the company to consider spinning off its casino properties into a real estate investment trust (REIT), the fund issued a follow-up statement to MGM shareholders. Since MGM...

Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...

The State of Nevada Gaming Control Board released its "Monthly Win and Percentage Fee Tax Collections" report on Monday. The regularly scheduled report details the total “gaming win” of all Nevada's non-restricted gaming licensees. Total gaming wins across Nevada decreased 2.58 percent from one...