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MGM Resorts Announces New Executive Employment Agreements

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MGM Resorts Announces New Executive Employment Agreements

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An announcement from MGM Resorts ( (MGM) ) is now available.

On September 16, 2025, MGM Resorts International announced new employment agreements for two key executives, Jonathan Halkyard and Gary Fritz, effective October 1, 2025. These agreements outline their compensation packages, including base salaries, bonuses, and equity grants, as well as conditions for termination and non-compete clauses. The agreements aim to secure the leadership of these executives through 2029 and 2028, respectively, potentially impacting the company’s strategic direction and stability in the gaming and digital sectors.

The most recent analyst rating on (MGM) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on MGM Resorts stock, see the MGM Stock Forecast page.

Spark’s Take on MGM Stock

According to Spark, TipRanks’ AI Analyst, MGM is a Neutral.

MGM Resorts’ overall stock score is driven by strong financial performance and positive earnings call sentiment, reflecting robust revenue growth and strategic global initiatives. However, technical indicators suggest potential bearish momentum, and high leverage poses financial risks. The fair valuation supports the score, but the lack of a dividend yield may be a drawback for some investors.

To see Spark’s full report on MGM stock, click here.

More about MGM Resorts

MGM Resorts International is a global hospitality and entertainment company, primarily engaged in the operation of casino resorts. The company focuses on delivering world-class entertainment experiences and has a significant presence in the gaming and hospitality industry.

Average Trading Volume: 4,595,571

Technical Sentiment Signal: Hold

Current Market Cap: $9.61B

See more insights into MGM stock on TipRanks’ Stock Analysis page.

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