The recovery in Macao significantly boosted gaming revenue. MGM Resorts stock continues to outperform its peers.
MGM Resorts' (MGM) BetMGM introduces mobile sports betting in Washington, D.C., offering new rewards and exclusive gaming experiences beyond Nationals Park.
Through business collaborations, the company has a strong presence in Macao and in U.S. online and mobile gaming. It's also on track to build a splashy new resort in Japan.
MGM (MGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Investors interested in Gaming stocks are likely familiar with MGM Resorts (MGM) and Churchill Downs (CHDN). But which of these two companies is the best option for those looking for undervalued stocks?
Casino stocks are the proverbial “rough neighborhood” in 2024, with the major players like Las Vegas Sands Co. NYSE: LVS and Wynn Resorts Ltd. NASDAQ: WYNN trading down 14.4% and 9.22%, respectively.
LeoVegas Group, a subsidiary of MGM Resorts (MGM), is set to expand its product offerings and market reach by acquiring the U.S. sportsbook and online casino platform of the Tipico Group.
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MGM Resorts (MGM) to introduce exclusive live casino content and entertainment from Las Vegas venues in partnership with Playtech.
Travel is heating up, with nearly 60% of Americans planning leisure trips in the next few months. Airlines expect to carry a record 271M passengers this summer, and cruise lines 34.7M by year-end. Hotel-casinos in Las Vegas, the top U.S. summer spot, report record gaming wins and upticks in visitors and room rates.
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