MGM

DaDonkestDonkey

There is massive uncertainty in the market. And when a tweet can crash us or pump us 10% in a week, that’s not investing, that’s gambling. If I want to gamble, at least the MGM gives me free drinks.

Spyonetwo

These ransom demands blow my mind and really piss me off about how much money medical sectors are making off American citizens. The MGM casino ransom was $30M, this CB is $20M, Colonial Pipeline (biggest oil pipeline in U.S.) was $4.4M, JBS (worlds largest meat processing plant) was $11M. And the small/medium hospital my family works at was $180M. And they fuckin paid it!

Ronin3993

Be careful I thought the same thing on MGM awhile ago. I'm going with GAMB calls, Q1 had March Madness and the Superbowl, they probably raked it in.

Equivalent-Injury-78

Look how casino stocks like MGM did last financial crisis. Went from 86$ to about two fifty. I wouldn't touch casino stocks right now.

noplanman_srslynone

Buy and hold won't be bad, might be a hot minute before it's 80 again though. MGM firing employees in Vegas and general downturn makes gambling a little wonky. P/E is less than 12 though so they have room to bounce around. Good for theta gang though.

ringwraithfish

My SWAG: Bezos / Amazon. Netflix is their top competitor. Netflix produces A LOT of content outside of the US. As an example, I'd wager Netflix is the primary driver for introducing most American's to the Korean horror genre. Amazon owns MGM now, who has TONS of assets in the US for producing America. With Bezos' $1million donation to Trump, he have a vested interest in seeing competition in many aspects of his tech empire hamstrung.

Puzzleheaded-Wolf318

Sony is gonna buy Hollywood 😂  It is full circle in a way....did MGM get sold to Sony in one the first major Hollywood sell offs? Feel free to check me on this one....my source was Ron Perlman at a panel two months ago 😆 

hypeaze

MGM laying off all staff from 3 of its resorts, I'm not surprised. That low grade weed stench as you walk down the strip is disgusting.

potato111a

MGM, Meta / GOOGL / MSFT 

noplanman_srslynone

and MSFT and MGM (apparently?)

Reynhart

It worked for me shorting CZR MGM has more international exposure so I was not expecting it to do too badly

Metacog_Drivel

MGM had good earnings...b-b-but everyone on Reddit assured me that Las Vegas was dead!!! 

Ronin3993

My MGM puts did not in fact print. At least they were cheap 

Metacog_Drivel

Some retard on here early in the week said MGM earnings would be the canary in the coal mine 

Ronin3993

The entire market has been a casino since 2021, not just options. But yeah, maybe you're right. I'm sticking with my MGM puts though, also on the basis of weakening tourism

Affectionate-Day2743

are you under the impression MGM doesn't have an app? you think they haven't foreseen this trend? lol

Ronin3993

No shot MGM does well right? Who wants to gamble at a casino when you can do it on your phone with apps

Ronin3993

I did, but they were for MGM, which is still sitting low so I don't feel too dumb.

lmfaonoobs

MGM puts tomorrow regards, get on board

RedditAddict6942O

Careful with MGM it's thinly traded.  Airline stocks are probably better

S-Club-Party

Closest you'll probably get is MGM or Wynn for Vegas and DIS for orlando

diqster

How many jobs does that amount to? 30? Hardly call that mass layoffs, but probably redeployment as we all recognize no needs for a concierge in this day and age. Sucks if they can't find another job inside MGM, but they were given time to find a new one.

disGRUNTled03

MGM is gonna shit the bed on earnings

disGRUNTled03

MGM 31p 5/2

lolcasinoapp

All in MGM puts. They have been laying people off

rudyallan

MGM went completely Bankrupt in 2009..was bailed out completely by the Fed

probablyuntrue

>MGM laying off all concierge staff at all Vegas resorts except Aria and Bellagio; closing buffet at Excalibur, parking staff reductions due to lower visitor counts and demand. This is bullish right?

probablyuntrue

>MGM laying off all concierge staff at all Vegas resorts except Aria and Bellagio; closing buffet at Excalibur, parking staff reductions due to lower visitor counts and demand. This is bullish right now

8thSt

MGM says “we don’t need tourists losing their money at our casinos. We have parking lots!”

8thSt

Is Vegas dead? Stay tuned for MGM earnings in 2 days!

sebach22

I think I messed up by buying MGM puts

paper_plains

I thought MGM would have dropped after missed earnings, was holding some 5/2 puts since last week...I guess there's still time 

mtol115

MGM doesn’t report until Wednesday, this is wrong

The_Walnutzz

I used to gamble a lot (at casinos, now mainly just the market), at MGM properties. I have gold status, but haven't been to Vegas in about 8 months. I normally get emails for promos a few times a week, but noticed the past two weeks, I've been getting emails from them multiple times a day, offering far more comps and free nights than normal. I guess this means they are hurting for business. Calls it is.

noplanman_srslynone

Yup, DPZ and MGM are what I'm watching 👀

noplanman_srslynone

flato fatto day; UPS Tuesday AM and Visa Tuesday night for consumer bell weather, MGM and DPZ tomorrow for degen's

Such_Region2724

LVS did poorly and still followed the pump, I bought puts on the wrong thing and should've waited for MGM

Metacog_Drivel

When has MGM ever dictated the market?  Get real

McDanknessLives

MGM earnings and guidance tomorrow is the catalyst. Canary in the coal mine

Dangerous-Retard

I've got MGM puts because I'm hoping Vegas tourism is already hurting. I could be dead wrong though.

way2lazy4u

Calls on MGM and CZR

penguincheerleader

DPZ may be a good recession stock but MGM was doing badly before the tourism industry blew up.

noplanman_srslynone

DPZ tomorrow and MGM? hummm... should have checked Friday. DPZ Put and MGM Call or both CALL because things... Wonder how the regards feel.

beardgangwhat

MGM 32 P May 16 ?

Internal-Command433

In all fairness these jobs are only being cut and their less attractive resorts. Excalibur, MGM Grand, for example. These concierge and valet positions at their profitable resorts, Bellagio and Aria, are still in place.

zulufux999

Saw an IG page about how MGM is conducting layoffs, raising prices, trimming amenities, and things don’t look good. The casinos also have exposure in China so if there’s to be tightening of belts over there as well, they’ll feel it from that too. Could be a good short opportunity for the vice ETFs with holdings in booze, tobacco, strip clubs, etc. I know MGM stock has already been hit.

YoshiMcDaddy

Man I forgot to buy MGM puts. They will get crushed Monday with horrible guidance and no tourists gambling. Vegas alone is like 50% of their revenue.

mtol115

MGM going to miss earnings tomorrow? They have to, no way they beat

MicrobeProbe

Las Vegas is usually the first to hit the recession headwinds. MGM just had layoffs at all of their properties except for two and will likely have more in the coming months. https://www.reviewjournal.com/entertainment/entertainment-columns/kats/major-corporation-cuts-concierge-staff-at-six-las-vegas-strip-properties-3363755/amp/

cjwidd

Hard-hitting analysis from WallStreetBets: >MGM Resorts reports “around 30” employees are losing their jobs as a result of what the company refers to as “streamlining.” Those displaced are being offered positions elsewhere in the company, or are being provided with transition support.

cjwidd

lmao thanks for the "article", which consists of literally one fucking sentence and then a subscription ask: >The concierge desk, a Las Vegas hotel-casino amenity for decades, seems to be on its way to extinction. MGM Resorts International confirmed Saturday it is shutting down in-person concierge services at .......We hope you appreciate our content. Subscribe today to continue reading this story, and all of our stories.

mtol115

I mean it seems like obviously Royal Caribbean and MGM will do horribly, especially with the travel declines. I got mgm puts and might pick up RCL ones

Able-Breadfruit-5981

Modern society loves to promote the idea of "responsible gambling" — the comforting image of a rational adult setting careful limits, savoring the occasional bet, and walking away unharmed. In reality, this image is almost entirely a myth. The truth is much simpler, and far darker: People who can "gamble responsibly" usually have no real interest in gambling at all. And those who are drawn to gambling — who feel the rush, the pull — are often the ones least capable of safely controlling it. I have no doubt that basically everyone this thread is a problem gambler - there is no such thing as a casual gambler. The Science Is Clear Decades of psychological research show that gambling taps into the deepest layers of the human brain: B.F. Skinner's experiments proved that random, unpredictable rewards trigger compulsive behavior even in animals. Dr. Luke Clark’s studies showed that near-misses activate the brain just like actual wins, pushing players to chase losses. PET scans of problem gamblers revealed huge dopamine surges — the same biochemical patterns seen in drug addiction. Antonio Damasio’s Iowa Gambling Task proved that emotions, not logic, guide responsible risk-taking — and without proper emotional instincts, rational thought alone isn't enough to resist the pull. In short: Gambling isn’t just a game. It’s a neurological trap, and only those whose brains don't react strongly can resist it easily. They don't need superhuman willpower — they simply don't feel the hook. --- The Industry Knows This Far from being an unfortunate side effect, problem gamblers are the business model for casinos and betting companies. Don't take my word for it. Listen to the industry itself: Terry Lanni (MGM CEO): > “We don’t build casinos for the occasional player. We build them for the heavy user. That’s who pays the bills.” William Thompson (Gambling Analyst): > “Five percent of the gamblers generate 75 percent of the profits.” Confidential Slot Developer: > “If we find a way to keep a player at the machine longer, we use it. That’s the entire point of the design.” Casino Manager in Court: > “Our best players aren’t the ones who set loss limits.” Alan Feldman (MGM Executive): > “It's like saying a bar makes money off alcoholics. It’s the same thing.”

Hillary-2024

International Ping Pong League is as well, MGM even lets you watch the streams free too

Apprehensive_Bit2685

Vegas isn’t what it used to be. If you look up the majority of these sports betting apps they’re owned by the major players like Caesar’s entertainment and MGM. Now instead of Having it concentrated in Vegas the laws around the states have opened up enough where they have started buying out and building up as many local casinos as they can and making them amazing. The MGM a half hour from me is identical to the Bellagio, has the food, the designer shopping mall, the cool shops and feels the same

BoostMobileGuy

Got some MGM puts. Vegas was dead last weekend.

Dangerous-Retard

MGM is gonna take a big, bloody shit on Monday. Why am I so confident? I have a crippling gambling addiction, but don't gamble there.

mtol115

MGM puts?

Less-Industry9644

MGM📈📉？

gettingpaidthrowaway

Airlines all saying that travel is down. General operating expenses are up. Less people wanting to travel to the US. MGM likely going to lower guidance. Therefore, calls.

DietOfKerbango

I’ve never tried to time the market except for buying severely beat up stocks with surplus cash on hand during financial panics. For instance, LVS and MGM during 2009 when CNBC was like “are casinos even going to exist in the future?” Jan/Feb was the only time I’ve had any inclination to predict a downturn. The president was randomly threatening Canada, dismantling regulatory oversight, democratic guardrails collapsing like …improperly installed guardrails, Sec HHS encouraging “measles for everyone!” S&P highs, analysts proclaiming low risk of recession in 2025. I sold off my US index funds in my tax-deferred accounts. Bought some European value, TIPS, lower risk US dividend paying funds. Cash and bond heavy. Since then I’ve been buying back in a little bit, some select beat up US equities, but not the broader market. I wasn’t even factoring in tariffs that much. It was more the medium and long term concerns about US investability: rapidly failing democracy, rapid descent into idiocracy, the dumbest geopolitical policy in recorded history, becoming a laughingstock and pariah on the world stage. Whatever happens with the world’s dumbest trade war, all of the other medium and long term risks remain, and mostly getting worse. And while the executive can destroy institutions and trust immediately, it will take years to repair these things best case scenario. Generations more likely.

EastCoast_OC

Stayed at the Luxor in December for work - last minute booking and was busy that week but banged me for 350/night and couldn't get respet or valet fees waived with MGM Pearl on top of it.

Reynhart

This is hilarious, I just bought puts (albeit long-dated) on VICI just today. Why? - America's International tourism is down. People all around the world don't appreciate the attempted tariff shakedown that just happened and aren't visiting the US for good reason. Plus nobody wants to visit for the chance at an all-inclusive paid trip to El Salvador (prison). - China tariffs are about to wreck discretionary spending when almost everything is about to get very expensive so nobody is gonna be visiting those those casinos that VICI owns. - With 🥭 at the helm, I think there's a pretty good chance we get driven into a recession or worse. Sure sole folks might go to a casino during recession, but if you look at examples like CZR and MGM around 2008, it would suggest most people do not in fact gamble during bad times.

S-Club-Party

I'd look at stuff like Disney, cruise lines, airlines, MGM/Wynn, Marriott/Hilton

Meet_the_Meat

Caesar's, MGM, Wynn. Big casinos rely on Asian junkets.

SeanPorno

I've also thought about this lately. Looked at Vegas stocks like MGM, Caesars Entertainment and Delta Airlines. But as you said they have all fallen quite hard already and are rather obvious plays at this point, so premiums are rather unfavorable.

narwalfarts

I've got puts on UAL, WYNN, and MGM. I made them right before Obliteraron Day, so the options are looking really good right now. United because I think they're the shittiest of the big three US airlines. This is my opinion as a customer, not a deep technical analysis. Then Wynn and MGM, both predominantly US based (largely vegas based) resorts. A huge drop in international tourism, plus a potential recession doesn't bode well.

bjdj94

Vegas casino (MGM, CZR, WYNN, etc).

Chiesel

I haven’t played at any MGM casino in over a year and yet somehow I can get a single night comped, and the rest of my stay at only $80/night at the Bellagio this summer. Last time I looked at the bellagio for the same time period 2 years ago, it was $300/night…

RepublicStandard1446

Unfortunatley, what else do we have? MGM Grand, a plot of land in Arkansas, Florida losing tonight?

Latinkobain

Thoughts for calls on casinos WYNN, MGM, CZR short term since they all cratered today to damn near 52 week lows. Then re rolling into puts after the cat that bounces because no one can spend actual money at the casino games or rooms if they lost all their money on the phone casino

gato_taco

MGM resorts $3 with a balloon payment coming. Chehooo. I can't wait for this one.

PZinger6

If the goal is getting a return from the acquisition then probably not. However, from an ecosystem perspective it makes sense. TikTok is the #1 app in the world, not only ads from their products but think about delivery from their Football package or MGM movies. A lot of horizontal integration potential to be had

KhajiitHasSkooma

Vegas is going to be hit hard. Bet against MGM.

intrigue_investor

>and the only legal casino in the region for now, hasn't MGM applied to Abu Dhabi

Sandvicheater

If we're gonna repeat 2022 or god help us '07-08' then i'm dusting off the ole recession playbook and going into the companies that thrives on recessions. WMT for discounted goods, STZ for booze, PM for cigarettes, PLBY for porn and MGM for gambling.

Hypertension123456

> + a lot of hollywood is on it. I don't know what makes you think Hollywood treats it's actors well. Ever since MGM put Judy Garland on a diet of meth and cigarettes, there are tons of actors on very dangerous drug combinations. The ones getting side effects are not even mentioned in the media, the news 8s so busy telling us which ones died young.

hallett21

I think we need to go short on MGM. Vegas don’t like recession

Mysterious_Ad_2777

That **MGM** advertisement speaks volumes

TheGoodSurgeon

Made $330 ( CELH, DVA and MGM)

AndThisGuyPeedOnIt

Just got an email from MGM reminding me that March is Problem Gambling Awareness Month. Is this a psyop to shake weak hands out of their puts?

autrepart

Why is MGM green lol

Quiet_Election_7208

CNTY earnings come out thursday. Gambling has been up and preforming well in other earnings eg. MGM Draft kings also. That might be really good

santacow

Let’s bet on it on Bet MGM. That way Trump’s tariffs will be making people money just like he said.

bravohohn886

Googl MGM Crox BYDDF

Skd98012

Hey you 🫵 I’ll see you in the MGM Gaza Strip after our options print 

not_totally

Whoa, you’re super right. I live in vegas and have tried to use the MGM app here and it made me use debit or direct deposit only, but I guess that’s changed. Quick google search showing that they all accept credit cards lol

CalebH428

I just wanted to let you know, I traveled to a legal state and downloaded the MGM app a couple years back. I didn’t do it, but it gave me the option to add funds via credit card

cryptohorn

MGM resorts is giving me 50$ because hackers stole my drivers license

not_totally

The sports gaming market is pretty dominated by Flutter (parent company of FanDuel) and DraftKings. MGM looked like they might capture a real 3rd place at the start but dropped the ball. I think Fanatics is the only small player that could grow and own a decent chunk of the market, but FanDuel and Draftkings have won. iGaming is something that gets talked about less commonly and is showing some really wild numbers. I assume you know, but for sake of convo, iGaming is basically just online casino - e.g. card games, slots, craps on your phone or computer. Not only the size but the growth and profitability of this is mind blowing; and the race to own it more interesting. MGM does have a solid hold there, as do DKNG and FLUT. These are businesses that cost absolutely nothing to sell more/onboard customers. As the markets grow, the revenues with grow at no additional cost in terms of creating the good. Most of the cost will be spent on advertising, trying to capture market share of newly legal markets. Obviously spend will go into developing and researching new products, but there is not additional cost for the current businesses to sell more and more of the product. Great operating leverage business with massive tailwinds and already over performing demand where it is available.

AluminiumCaffeine

MGM bleeding off its excellent Q gains, bummer

AluminiumCaffeine

A lot of my indivs had great reports and then basically gave it up due to market movement, annoying! MGM, ABNB, MNDY

CL_55z

I've been liking SONY and MGM as well. I'd add LUNR in. Space should pump tomorrow.

LowWind7998

SONY - HMC - MGM - AMC - RC : In that order would be my plays. I already feel like a winner.

nanocapinvestor

Those acquisitions look good on paper but let's be real - their losses are getting worse, not better. Revenue only up 14% while losses expanded 44%? That's going in the wrong direction. The ST Meng deal only gets them 21% ownership of a company making $1.26M profit - that's like $260k annually to VSME's bottom line. Won't come close to fixing that $3.3M quarterly bloodbath. The Macau agency connections are legit though. [MLink's client list](https://finance.yahoo.com/news/vs-media-announces-strategic-acquisitions-134500489.html) includes Wynn, MGM, and the Macau Tourism Board. That's serious business. The CRUUSH AI platform could be interesting too if they execute well. But they better get their costs under control fast. [Their H1 2024 financials](https://finance.yahoo.com/news/vs-media-holdings-reports-revenue-214721481.html) show operating expenses are eating them alive. These acquisitions will add even more overhead before any synergies kick in. Need to see actual profit improvement next quarter or this is just rearranging deck chairs on the Titanic.

bmrhampton

They were triple the mkt, Cesar’s, MGM, Norwegian, but they’re also highly correlated to consumer confidence dipping harshly again I won’t be worried till they do it a few days in a row with Hilton and Marriott joining in. Coke up, Hersheys up, defensive plays are cool again. Staples were rolling

nanocapinvestor

VSME finally making moves after that [brutal $3.3M loss last quarter](https://finance.yahoo.com/news/vs-media-holdings-first-half-123846940.html). They're [acquiring three companies](https://finance.yahoo.com/news/vs-media-announces-strategic-acquisitions-134500489.html) including that Singapore trading company, a Macau marketing agency, and some AI shopping platform called CRUUSH. Buying profitable companies to fix their bleeding balance sheet - classic corporate play. At least they're not another worthless social media pump and dump, they actually got Wynn and MGM as clients through that Macau acquisition.

aeontechgod

nowhere close to the volume and liquidity of the daytime retail market. thats like saying some obscure prop bet app is the same as sports betting at the MGM

AluminiumCaffeine

Nibbled some $ONTO, had it on my watchlist for a while now and want to move some UBER profits around. MGM is selling off annoyingly post earnings, will add if I have to was hoping to just enjoy the win oh well

Swiftstrike4

I have been buying and selling DK for about 3 years. I do think it's poised to compete with the better services that are shutting down (tipico, betparx, etc). BUT, I think FanDuel offers a better product and so does MGM. I also think ESPNbet bet which is owned by Penn also offers a better product than draft kings even though the advertising for DK is way higher. I'm looking to firm up my position again in DK but not until mid summer. If the price gets in the range of $40-43 I think it's a buy . I think it's soaring because of it's great 4th quarter report. Notably some states are beginning to realize they can increase the taxes for sports betting and this may cut into their revenues and growth projections. Missouri will legalize sports betting in December and other states I think throughout the year will (I don't have the list in front of me). I starting buying DK at just under $20 in 2023 and I have been buying and selling the stock for years because I think it's cyclical predictable in a bull economy. This stock will completely fold in on itself if there is a recession. People do not gamble as much during recessions.