2025.12.13
cliff castle casino table gamesThe gaming industry was caught by surprise on Wednesday when MGM Resorts International announced that Chairman and CEO Jim Murren has decided to step down from his position.” And if it’s a gaming company that’s returning capital to shareholders investors are looking for, the analyst sees better ideas out there.“Although this financial engineering decision could appear compelling in light of the strong current macroeconomic backdrop, we believe it elevates the long-term risk associated with owning the shares, a view that we do not believe is lost on investors.thunder valley casino resort sacramentoMany of those properties are on the south end of the Las Vegas Strip, including the MGM Grand, Park MGM, New York-New York, the Luxor, and the Excalibur.Many of those properties are on the south end of the Las Vegas Strip, including the MGM Grand, Park MGM, New York-New York, the Luxor, and the Excalibur.“Although management has stuck to its word by accelerating direct returns of capital to shareholders, we believe there are cleaner, more lucrative return-of-capital plays in the destination operator space today, notably LVS,” he said.mohegan sun casino wolf den doubledown casino hack unlimited free chipsluckyland slots promoThe company also announced a billion share repurchase program and a 15 percent dividend hike.2 billion in cash, helping it retire .In his note, Wieczynski scoffed, saying “don’t talk to us about sports betting.online casino with 3 card pokerDuring his tenure as CEO, he helped bring major professional sports to a town once shunned by the major leagues.MGM has retained an unnamed executive search firm to work alongside a committee of board members to find Murren’s successor.MGM Resorts International Chairman and CEO Jim Murren announced he would step down from the Las Vegas-based gaming giant.directions to little river casino in manistee michigan vip club player casino no deposit bonus codesbrian christopher slots recentMGM joined forces with Anschutz Entertainment Group in 2014 to build T-Mobile Arena, a multipurpose arena on the Strip.In his note, Wieczynski scoffed, saying “don’t talk to us about sports betting.Longer-Ranging PlansCash from asset sales could also be used to fund MGM’s plan to bring an integrated resort to Osaka, Japan, an effort Murren says he will remain involved with.(Image: University of Pennsylvania)No timetable was given in the company’s release, which dropped just hours before the company’s fourth quarter and 2019 earnings call.‘Turned Resorts Into Showcases’In a statement, Roland Hernandez, MGM’s lead independent director, thanked Murren for his leadership.and its Mississippi properties, MGM’s regional portfolio disappointed in the fourth quarter.viejas casino kid friendly big dollar no deposit |