NEW YORK, Feb 27, 2026, 05:45 EST — Premarket
- MGM slipped in premarket trading, pulling back after a strong rally the previous day.
- Casino stocks jumped after new takeover rumors swirled about Caesars Entertainment.
- U.S. producer-price data lands later Friday, with traders already eyeing next week’s jobs report.
MGM Resorts International (MGM) dipped roughly 0.6% to $37.41 ahead of the bell Friday, pulling back after a nearly 6% pop the day before.
Casino shares jumped Thursday after the Financial Times said Caesars Entertainment had fielded takeover interest—among the bidders, Texas billionaire Tilman Fertitta via Fertitta Entertainment. The company has also looked at a possible management buyout. Caesars gave no comment.
MGM wrapped the session Thursday with a 5.79% gain, finishing at $37.62. After the bell, shares eased to $37.47, off roughly 0.4%, according to WSJ market data.
Wynn Resorts picked up 2.48%, with Las Vegas Sands tacking on 1.60% during regular trading, according to MarketWatch data. Peers moved up as well.
Off the tape, MGM and BetMGM announced Thursday a pledge of over $1 million for responsible-gaming efforts linked to Problem Gambling Awareness Month. “As sports betting continues to grow so must our understanding of its impact,” said Stephen Martino, chief compliance officer at MGM. MGM Resorts Investor Relations
Rhea Loney, BetMGM’s chief compliance officer, described the campaign as “an important reminder” of “our year-round responsibility.” The company is ramping up both its messaging and support resources. PR Newswire
MGM’s stock tends to move with changing views on U.S. consumer spending and travel—plus whatever appetite the market has for deal-making in leisure and gaming.
Takeover rumors can lose steam quickly. Caesars is weighed down by significant debt, and with no official response from the company, there’s a real chance the narrative could fade—despite Thursday’s surge.
Investors are bracing for the next data point at 8:30 a.m. ET: January’s producer price figures from the Labor Department. This wholesale inflation report will be closely watched for clues on where interest rates might head.
Next week brings the February U.S. jobs data on March 6, a report that can shift rate bets—and with them, names like MGM in travel and leisure.
