MGM Resorts International - Digital Transformation Strategies

MGM Resorts International - Digital Transformation Strategies Summary MGM Resorts is a multinational gaming and entertainment company. It owns and operates casinos, hotels, meeting and conference spaces, live and theatrical entertainment experiences, sports betting operations, online gaming operations, restaurants, night clubs and retail outlets. MGM Resorts has three reportable segments: Las Vegas Strip Resorts, Regional Operations and MGM China. Las Vegas Strip Resorts operates several casino resorts, including Aria, Bellagio, The Cosmopolitan, MGM Grand Las Vegas, Mandalay Bay, Luxor, and Park MGM. Regional Operations comprises several casino properties, including MGM Grand Detroit, Beau Rivage, Borgata, MGM National Harbor, MGM Springfield, Empire City and MGM Northfield Park, while MGM China operates several casino resorts in Macau. The report provides information and insights into MGM's tech activities, including - - Insights of its digital transformation strategies and innovation programs - Overview of technology initiatives covering partnerships, product launches and acquistions - Insights on each technology initiative including technology theme, objective, and benefits - Details of estimated ICT budgets and major ICT contracts Scope - MGM Resorts is leveraging several emerging technologies, including virtual and augmented reality, AI, Internet of Things (IoT), cloud, big data and robotics among others, for achieving operational efficiency and enhancing customer experience. - A number of MGM Resorts brands, including Mandalay Bay, Mirage Resorts, and CityCenter Land have filed trademark applications for NFTs, virtual concerts, virtual slot machines, virtual hotels, virtual casinos, and virtual clothing & footwear. - LeoVegas, a subsidiary of MGM Resorts, signed an agreement to acquire a majority stake in UK-based Push Gaming Holding Limited and its subsidiaries. Push Gaming develops digital games for gaming and betting companies. Reasons to Buy - Gain insights into MGM's tech operations. - Gain insights into its tech strategies and innovation initiatives. - Gain insights into its technology themes under focus. - Gain insights into various product launches, partnerships and acquisition strategies.