Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Shares of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts International (MGM) gained again Friday on optimism that the big stimulus package announced by China will increase business at their casinos in Macau.
Don't Sleep on This Insanely Cheap Stock
There's a wide moat and strong cash flow behind this business.
Amazon MGM Studios is joining the Motion Picture Association
Amazon MGM Studios will soon join the Motion Picture Association, the lobbying arm of Hollywood's major studios announced.
MGM's BetMGM Expands Reach With USA TODAY Sports Partnership
MGM Resorts' BetMGM inks a multi-year deal with USA TODAY Sports to deliver integrated sports betting odds and information across a vast network.
Why Is MGM (MGM) Up 0.3% Since Last Earnings Report?
MGM (MGM) reported earnings 30 days ago. What's next for the stock?
MGM Resorts Stock Drops 15% YTD: Is It the Right Time to Buy?
MGM stock's long-term strategy centers on leveraging growth opportunities while maintaining a shareholder-friendly approach.
Monarch And MGM Are Our Top Picks With Compelling P/Es Among Our 'Big Six'
The casino sector offers attractive P/E ratios, with brick-and-mortar casinos presenting solid entry points despite the online gaming craze. Monarch Casino & Resort, Inc. and MGM Resorts International are top picks, undervalued with strong growth potential and prudent management strategies. The US casino industry is projected to grow at a 12% CAGR to 2030, with record visitation and robust regional growth.
Here's Why Investors Should Retain MGM Resorts (MGM) for Now
MGM Resorts (MGM) focuses on the rollout of a single account and wallet feature to enhance customer engagement and solidify its omnichannel strategy. However, high costs are a concern.
MGM Resorts (MGM), Grupo Globo to Launch BetMGM in Brazil
MGM Resorts (MGM) has taken a significant step forward in its global expansion strategy by forming a strategic alliance with Grupo Globo, the largest media group in Latin America.
Is This High-Rolling Casino Stock a Smart Bet After Record Revenue Results?
MGM Resorts International's strategic partnership with Marriott significantly enhances its market reach and customer base. Its aggressive stock repurchases demonstrate management's commitment to returning capital to shareholders.
MGM: Buy On The Dip Despite Lingering Negative Sentiment
MGM is an industry giant with a reasonable debt load and a global vision that some investors struggle to understand. Management under Bill Hornbuckle has shown resilience through crises and strategic acquisitions, positioning the company for future growth. Despite concerns about debt and global strategy, analysts see MGM as undervalued with potential for significant upside based on valuations and financial stability.
Mr. Market Got This Stock All Wrong
MGM Resorts is generating cash and buying back stock, so why is the market worried?
