MGM Resorts Hosts Inaugural Drink Las Vegas Festival
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
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Source: Newsfilter
MGM Resorts International's stock rose 7.65% and reached a 52-week high amid positive market conditions.
The inaugural Drink Las Vegas festival, set for September 24-27, 2026, will take place across over 30 MGM Resorts venues, showcasing world-class culinary talent and enhancing MGM's brand influence. The event is expected to attract numerous visitors and industry leaders, further solidifying MGM's leadership in the global culinary scene while driving regional tourism and consumer growth.
This festival not only highlights MGM's commitment to enhancing its brand but also positions Las Vegas as a premier destination for food and beverage, potentially leading to increased customer loyalty and sales growth.
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Analyst Views on MGM
Wall Street analysts forecast MGM stock price to fall
14 Analyst Rating
5 Buy
7 Hold
2 Sell
Hold
Current: 42.930
Low
29.00
Averages
40.31
High
56.00
Current: 42.930
Low
29.00
Averages
40.31
High
56.00
About MGM
MGM Resorts International is a global gaming and entertainment company with national and international destinations featuring hotels and casinos, meetings and conference spaces, incredible live and theatrical entertainment experiences, and a range of restaurants, nightlife and retail offerings. Its segment includes Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. Las Vegas Strip Resorts consists of casino resorts: Aria, Bellagio, The Cosmopolitan of Las Vegas, MGM Grand Las Vegas, Mandalay Bay, Luxor, New York-New York, Excalibur, and Park MGM. Regional Operations consists of various casino properties: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and others. MGM Digital is its online gaming portfolio which consists of LeoVegas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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