MGM - Public offerings

LAS VEGAS, Sept. 3, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:MGM) today announced that it has priced a public offering of $850,000,000 in aggregate principal amount of 6.125% senior notes due 2029 at par. The offering of notes was upsized from the originally announced aggregate principal amount of $675,000,000. The transaction is expected to close on September 17, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the offering of the notes to (i) repay indebtedness, including its outstanding 5.750% senior notes due 2025, and (ii) pay transaction-related fees and expenses, with the remainder for general corporate purpos

LAS VEGAS, April 9, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:MGM) today announced that it has completed its previously announced issuance (the "Offering") of $750,000,000 in aggregate principal amount of 6.500% senior notes due 2032 (the "Notes"), which were issued at par. The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities or simil

LAS VEGAS, March 25, 2024 /PRNewswire/ -- MGM Resorts International (the "Company") (NYSE:MGM) today announced that it has priced a public offering of $750,000,000 in aggregate principal amount of 6.500% senior notes due 2032 at par. The transaction is expected to close on April 9, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing a

- Announces Record Financial Results Driven By 72% Full-Year Revenue Growth - - Closed on $22.8 Billion of Transactions in 2022 - - Establishes Guidance for Full Year 2023 - VICI Properties Inc. (NYSE:VICI) ("VICI Properties" or the "Company"), an experiential real estate investment trust, today reported results for the quarter and year ended December 31, 2022. All per share amounts included herein are on a per diluted share basis unless otherwise stated. Fourth Quarter 2022 Financial and Operating Highlights Total revenues increased 100.9% year-over-year to $769.9 million Net income attributable to common stockholders increased 114.6% year-over-year to $604.1 million and, on a per sh

LAS VEGAS, Feb. 15, 2023 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of Gold Strike Tunica ("Gold Strike") to CNE Gaming Holdings, L.L.C., a subsidiary of Cherokee Nation Businesses, for $450 million in cash. "Gold Strike is an iconic property in Mississippi, and the employees there represent southern hospitality at its finest," said Bill Hornbuckle, CEO & President, MGM Resorts International. "I wish Gold Strike well, and firmly believe a bright future is ahead for this prope

LAS VEGAS, Dec. 19, 2022 /PRNewswire/ -- MGM Resorts International (NYSE:MGM) ("MGM Resorts" or the "Company") today announced it has closed on the sale of the operations of The Mirage Hotel & Casino ("The Mirage") to Hard Rock International ("Hard Rock") for $1.075 billion in cash. "Mirage employees have delivered unparalleled service and experiences over the past three decades, and we are forever thankful for their work to make The Mirage such an iconic, world-class destination," said Bill Hornbuckle, CEO & President, MGM Resorts International. "I'm excited for the opportunities that lay ahead for the property, its people and the entire Las Vegas Strip with this prime location now under Ha

– Adds 15 Marquee Assets Expanding Real Estate Portfolio to 43 Class-A Properties – – Increases Annual Rent by Over $1.0 Billion – – Diversifies Tenant Base to Eight Best-In-Class Operators – – Closes on $5.0 Billion of Investment Grade Senior Unsecured Notes – – Settles the Exchange Offer and Consent Solicitation for Notes Originally Issued by MGP – VICI Properties Inc. (NYSE:VICI) ("VICI," "VICI Properties" or the "Company"), an experiential real estate investment trust, today announced it has closed on the previously announced acquisition of MGM Growth Properties LLC (NYSE:MGP) ("MGP"). Upon completion of the merger, VICI will have an estimated enterprise value of approximately $44.

LAS VEGAS--(BUSINESS WIRE)--Award-winning mobile game developer PLAYSTUDIOS is expanding its partnership with global hospitality brand MGM Resorts International, securing the exclusive social and mobile gaming rights to Ohio’s MGM Northfield Park. Players of PLAYSTUDIOS free-to-play mobile apps will now see the Cleveland-area gaming and entertainment destination showcased in the playAWARDS portfolio of in-game rewards. Players who accumulate loyalty points during gameplay can now redeem their points for those exclusive new rewards. PLAYSTUDIOS recently entered into a merger agreement with Acies Acquisition Corp. (Nasdaq: ACAC, ACACU, ACACW) (“Acies”) which, upon closing, will result

Expansion continues to validate the benefit of playAWARDS loyalty marketing to MGM hotel and resort destinations Award-winning mobile game developer PLAYSTUDIOS is expanding its partnership with global hospitality brand MGM Resorts International, securing the exclusive social and mobile gaming rights to Ohio's MGM Northfield Park. Players of PLAYSTUDIOS free-to-play mobile apps will now see the Cleveland-area gaming and entertainment destination showcased in the playAWARDS portfolio of in-game rewards. Players who accumulate loyalty points during gameplay can now redeem their points for those exclusive new rewards. PLAYSTUDIOS recently entered into a merger agreement with Acies Acquisition

LAS VEGAS--(BUSINESS WIRE)--In a one-of-a-kind collaboration that showcases the talents of Las Vegas’ creative community, award-winning mobile game developer PLAYSTUDIOS has recruited five of the city’s most-celebrated artists to help commemorate the launch of its latest app, myVEGAS Bingo. Beginning April 1, 2021, the five local creatives selected for the “Lucky Numbers” campaign expressed their personal visions on giant bingo balls installed in some of The Strip’s most iconic locations. “myVEGAS Bingo is one of our most distinctive and dynamic games, expanding the world that we created with myVEGAS Slots,” says PLAYSTUDIOS Founder, Chairman, and Chief Executive Officer Andrew P