Analysis: MGM Resorts International

US:MGM

Why is MGM Resorts International stock rising?

  • MGM Osaka remains on schedule with about $1 billion of annual capital deployment planned in 2027 and 2028 ahead of a 2030 opening.
  • Dubai development is on schedule for a third-quarter 2028 opening of Bellagio, ARIA and MGM Grand hotel towers.
  • MGM plans luxury refreshes at Bellagio convention/public areas and upcoming room remodels at ARIA and Cosmopolitan.
  • MGM China has started design work on a 100-suite refresh at MGM Macau as the next premium-mass capital project.
  • Regional upgrades will enhance premium lounges at Beau Rivage and Borgata and begin a Borgata room remodel by end-2026.

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