MGM Resorts International (MGM) Social Stream

MGM Resorts International (MGM)

Today's Latest Price: $28.62 USD

0.23 (0.81%)

Updated Nov 27 5:00pm

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Overall POWR Rating

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Industry Rank:

Ranked of 22 in Entertainment - Casinos/Gambling

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Featured Post From StockTwits About MGM

CEO Daniel Lamarre: Cirque du Soleil expects to revive live performances in Las Vegas and Orlando during 2H21.

The company, newly emerged from bankruptcy protection, hopes to call back performers as early as April to restart shows as the Covid pandemic ebbs. Cirque expects next year to be a "gearing up" period, and is aiming to resume full operations by 2022. As its revenue dwindled because of pandemic-related shutdowns, Cirque shut 44 shows this year & laid off 3,500 workers. It filed for bankruptcy protection in June.

As it resumes operations, the company is working on new shows, including one for an $MGM-run casino in Osaka, Japan.

The company has contracts in place with $CMCSA Universal Studios for a live show based on the Trolls franchise and with $VIAC Nickelodeon for one based on the Paw Patrol animated series. Cirque is also having conversations w/ $NFLX
Ro_Patel, published November 26, 2020

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